A new community vote has sparked intense debates within the crypto community regarding the potential listing of Pi Network on Binance. As the project prepares for its Open Network launch, it has garnered widespread attention.
Big News for Pi Network
Pi Network, known for its mobile-friendly crypto mining approach, recently announced February 20th, 2025, as the official launch date for its Open Network. This significant milestone marks the first listings of the PI token on major cryptocurrency exchanges. Major exchanges like OKX, Bitget, and MEXC have confirmed they will start trading the PI token at 8:00 AM UTC. However, not all exchanges are on board, as Bybit's CEO Ben Zhou has expressed concerns about the project and declined to participate.
Should Binance List PI? - The Vote
On February 17th, 2025, Binance Square began hosting a community vote to decide whether the exchange's community would support listing the PI token. The vote, running until February 27th, allows Binance users and Pi Network supporters to share their opinions. A listing on Binance would be significant for Pi Network, as Binance is the world's largest cryptocurrency exchange, known for its strict listing requirements and vast liquidity.
Community Opinions
The voting has sparked heated discussions in the crypto community. Pi Network supporters, known as Pioneers, have shown strong support for the listing, encouraging others to vote favorably. However, some Binance community members have raised concerns, with critics questioning the project's legitimacy.
Even if the community votes in favor of listing PI, Binance may still choose otherwise, considering factors like security, project stability, and trading volume potential. Nonetheless, the fact that Binance is even considering listing PI is viewed as positive for the project. As February 20th approaches, the Pi Network community eagerly awaits the Open Network launch and Binance's vote results on February 27th.
