Pi Network Releases 2FA for Wallet Confirmation – Will This Impact Pi Coin Price?

Pi Network has released two-factor authentication (2FA) for wallet confirmation, a new security measure requiring some Pioneers to complete 2FA using a trusted email before their Pi is successfully migrated to the Mainnet blockchain. According to the Pi Core Team, this feature secures and confirms Pioneers’ Pi Wallets, supporting the security of both accounts and assets.

The announcement explains that certain Pioneers who migrated their Pi to Mainnet over the last few weeks—but are still within the 14-day pending period—will also need to complete 2FA. If they don’t, their Pi will be securely returned to their mining app. After completing the 2FA process, their same balance will get migrated again.

On March 13, 2025, this new security feature was introduced, requiring verification through a trusted email address. Some Pioneers may already have a trusted email they can use to start the 2FA confirmation, while others will need to set one up before completing the process.

Setting up the trusted email requires completing a liveness check to ensure the email address is provided by the account owner. Users will receive a prompt in the mining app to complete this step. It’s important to note that only Pioneers who have completed KYC (including tentative KYC) are currently eligible to add a trusted email.

The trusted email serves multiple security purposes, including account recovery. Pi Network emphasizes that it’s essential to add an email that you personally own and trust. Using a random email address you don’t have access to will result in verification failures—making it impossible to confirm your wallet for Pi migration or recover your account in the future.

Once a trusted email is added, Pioneers will gradually receive prompts after mining sessions, and in some cases email notifications, to complete 2FA to verify their migration wallets. Alternatively, users can complete 2FA wallet confirmation through the Mainnet Checklist.

In the 2FA interface, Pioneers must confirm access to their migration wallet (or change it by creating a new one) and will then receive another email to verify this confirmation. For security purposes, Pi Network stresses that Pioneers will only receive emails from “noreply@pi.email” and should not trust any other email to avoid phishing or scam attempts.

Returned Pi Balances During the Migration Pending Period

For account and asset security, certain Pioneers who migrated their Pi to Mainnet within the last few weeks—but are still within the 14-day pending period—must complete the 2FA requirement. If they don’t, their Pi will be securely returned to their mining app.

The 14-day pending period after migration was specifically designed for purposes including this security measure. Once affected Pioneers complete 2FA, their original migration balance (or slightly more) will be enqueued again to the Mainnet blockchain.

Both the 2FA and Pi “return” features aim to ensure the security of Pioneers’ Pi and accounts. Due to blockchain’s immutable nature and the non-custodial design of Pi Wallet, these features provide extra caution, ensuring Pi is sent only to the rightful wallet owner.

Pioneers who complete 2FA before any rollback will not be subject to Pi returns. Once 2FA is completed, Pioneers who had their migrations paused and Pi returned will have their migrations re-initiated.

Read Also: Kaspa (KAS) vs. Binance Coin (BNB): Which Crypto Is Better to Hold?

Important notes about Pi returns and the Mainnet migration process include:

  • The 14-day pending period, where Pi is frozen and prevented from use on the Mainnet blockchain, is essential because it allows time to ensure Pioneer security and migration accuracy before transactions become permanently irreversible.
  • Some Pioneers may see their returned Pi balance appear in their “Unverified Balance” rather than “Transferable Balance.” This occurs because the displayed amount in the Transferable Balance is a pessimistic estimate for the UI, while actual migrated amounts undergo sophisticated calculations. This doesn’t reduce the amount of Pi that Pioneers will receive in their next migration.
  • After successfully migrating, Pioneers will receive the same amount of Pi as their original migration amount (or even slightly more due to increased mining sessions included).
  • The 2FA wallet confirmation requirement and Pi returns during the 14-day period may cause the circulating supply to temporarily drop. However, as more Pi is re-queued and migrated again, the circulating supply will adjust accordingly.

If you’ve completed all Mainnet Checklist steps and are waiting for migration completion, make sure to add a trusted email and complete 2FA as soon as you receive prompts to do so.

How Can This Impact Pi Coin Price?

The new 2FA requirement could influence Pi coin market performance in several ways:

Possible Positive Effects on Pi Price:

Stronger wallet security might boost confidence in the network, attracting more users and potential investors who see Pi as a more secure digital asset.

Reducing the risk of unauthorized transactions or scams could improve sentiment around Pi, encouraging long-term holding behavior among users.

If users feel their wallets are safer, they may be more likely to complete the migration process, increasing overall activity on the Mainnet.

Read Also: How High Can Bitcoin Spike This Cycle? Aggressive BTC Surge Above $95K Expected Today—Here’s Why

Possible Negative Effects on Pi Price:

Some Pioneers might face difficulty completing 2FA, leading to delays in migration. If users panic or misunderstand the requirement, they could rush to sell, causing temporary price fluctuations.

If the 2FA process proves complicated or results in locked accounts, it might create dissatisfaction, potentially leading some users to disengage from the project altogether.

As with any security enhancement, the long-term benefits to network integrity may outweigh short-term disruptions, but much depends on how smoothly the implementation proceeds and how effectively Pi Network communicates these changes to its community.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo