The launch of a new community vote has sparked intense debate about Pi Network's potential listing on Binance in the crypto community. As Pi Network prepares for its Open Network launch, interest has spread far beyond its core audience.
Big News for Pi Network
Pi Network, which has drawn millions of users with its mobile-friendly crypto mining approach, recently announced February 20th, 2025, as its official Open Network launch date. This milestone marks a crucial step for the project, coinciding with the PI token’s first listings on major cryptocurrency exchanges. Several big exchanges have already confirmed they will list the PI token. OKX, Bitget, and MEXC have all announced they will begin PI trading at 8:00 AM UTC on February 20th. However, not all exchanges are jumping on board. Bybit's CEO Ben Zhou has publicly stated his concerns about the project after declining an invitation to participate as a team member.
Should Binance List PI? - The Vote
On February 17th, 2025, Binance Square began hosting a community vote to decide whether or not the exchange’s community would support a listing for the PI token. This vote, running from February 17th to February 27th, gives both Binance users and Pi Network supporters a chance to share their opinions. A listing on Binance would be huge news for Pi Network. Binance stands as the world's largest cryptocurrency exchange, known for its strict listing requirements and large number of active traders, as well as extremely deep liquidity.
What People Are Saying…
The voting has sparked heated discussions in the crypto community. Pi Network supporters, known as Pioneers, have shown strong support for the listing. Many have posted positive comments and actively encouraged others to vote in favor. However, some Binance community members have raised red flags. Critics have posted comments calling the project questionable, with one user directly stating "Definitely no to ponzi scam,” showing the distinct split between supporters and skeptics of the project.
It's important to understand that even if the community votes in favor of listing PI, Binance may still decide not to list the token. The exchange must consider many factors outside of community sentiment, such as security and technical factors, project stability, and trading volume potential. However, the fact that Binance is even considering listing PI through a community vote could be seen as seriously positive news for the project. This level of engagement from the world's largest crypto exchange suggests Pi Network has caught the attention of major players in the cryptocurrency space.
