The mobile-first cryptocurrency initiative Pi Network stands out because of its distinctive decentralized mining system alongside increased accessibility which attracted significant attention. Pi Coin has not yet appeared on principal exchanges such as Binance even after Pi Network’s Mainnet went live in 2021. This summary explains why thereβs a delay while discussing what the project roadmap shows.
Understanding the Pi Network Mainnet Launch
Pi Network reached operational status with its Mainnet release that followed its testnet phase. Pi implemented a three-phase launch strategy which differs from conventional methods.
Enclosed Network: The network allows users to mine Pi but prohibits any token transfers.
Open Network (Current Phase): Users can perform transactions when they finish the compulsory KYC verification to block fake account creation.
Final Open Mainnet: Pi Coin achieves full decentralization when it becomes available for external trading.
The team focuses primarily on creating practical applications like Pi-powered apps and peer-to-peer transactions instead of speculative trading. The cautious strategy focuses on developing natural expansion and real-world application before introducing exchange listings.
Pi Coin lacks a listing on Binance because Binance and similar major exchanges have not added the token to their platforms yet.
Although users have shown interest Binance and other leading exchanges have still not added Pi Coin to their listings. Key factors include:
Regulatory Compliance: Exchanges such as Binance enforce stringent legal requirements for projects seeking listing. Pi Coin continues its KYC procedure for millions of users which prevents verification of its compliance status.
Lack of Liquidity: Tokens remain non-tradable because Pi continues its closed Mainnet phase. Exchanges require evidence of ongoing demand and supply sustainability before listing new tokens.
Security Audits: Binance often mandates third-party audits. Pi Network’s innovative Proof-of-Work consensus model which utilizes mobile devices has not received any public analysis from independent third-party reviewers.
Project Priorities: Pi team members advise users against early trading to concentrate on building their overall ecosystem. This clashes with exchangesβ profit-driven listing models.
The Road Ahead for Pi Network
Pi Network remains absent from exchanges because its community-driven and unconventional structure sets it apart.Β The team maintains that concentrating on infrastructure development and compliance will deliver lasting stability which outweighs current user frustrations.
In summary, Pi Networkβs delayed exchange presence stems from its deliberate growth strategy and unresolved technical and regulatory challenges. For now, the project remains a test case in balancing decentralization, compliance, and mass adoption.
Source:Β CCN
Source:Β CryptoTimes