The post Pi Network News: Wallet “Buy” Feature Fails as Pi Token Transactions Stall appeared first on Coinpedia Fintech News
Pi Coin price is trading around $0.42, down nearly 4% today as sentiment weakens across the community. The dip follows widespread reports of failed Pi token transactions via the Pi Wallet’s new “Buy” feature. The timing is indeed critical for investors who are already cautious due to a large token unlock scheduled for August, and now the wallet glitch is shaking confidence further.
Users Complain: “Where Are My Pi Tokens?”
Since the launch of the “Buy” button, powered by Onramp Money, users in Vietnam and other regions have reported that their fiat was debited, but no Pi tokens appeared in their wallets even after four days. This prompted growing anxiety, with many assuming something had gone wrong at the backend or fearing their funds were lost.
Onramp Clears the Air: “Integration Still Ongoing”
Onramp Money released a statement today confirming that the Pi Wallet integration is still in progress. The company asked users to stop making new purchases until the official launch, expected in the second or third week of August. They promised that all pending transactions will be processed once the system goes live and assured users that updates will be shared only through verified channels.
Buy Feature Went Live Too Soon?
The issue started after Pi Network quietly activated the “Buy” button inside its wallet, allowing users to purchase Pi using credit cards, Google Pay, and more via Onramper and Banxa. While the feature was seen as a step toward real-world usability, many criticized Pi for rolling it out before backend integration was fully ready. Some believe the buy option should have remained inactive until the August launch.
Despite the hiccups, Pi Network is pushing forward. Its partnership with Onramp Money enables pioneers to convert Pi into 25+ local currencies, including INR, VND, NGN, MXN, TRY, and EUR. The goal is to turn mined Pi tokens into spendable value and bring crypto closer to traditional banking ease.