Pi Network Binance Listing Talks Spark Outrage, Pioneers Say ‘No’

A recent poll by a Pi Network community account on X asked, “Do you Want to see $Pi Listed on Binance?” The majority of users said no to the idea. Many of them say the network isn’t ready for a listing and that some serious problems need to be fixed first.

Why are Pi Network Users Refusing Binance Listing?

Users say one of the biggest issues that has to be solved before the Binance listing is the KYC process. KYC, or “Know Your Customer,” is needed to verify users’ identities and unlock their tokens. But the system is broken. Some users said they’ve been waiting for years, but still haven’t passed KYC even though they completed the steps. One user said, “Not until my KYC gets approved, still waiting…4 months and counting.”

The issue comes from a bug in the system where even if a person completes KYC, their Pi stays locked if others in their “security circle” don’t pass too. This system needs multiple people to approve a KYC request. However, not enough users are joining the Pi Validation Program, so the process gets stuck.

Some people even think Pi Network might be doing this on purpose to keep tokens locked. One user said they got muted by moderators after questioning the delay. Other users are also upset that their tokens were locked without warning or lost because they missed a deadline. One early user said he lost 2,500 PI.

There are also concerns about the wallet. Some users said that the wallet system needs an upgrade. They have reported that their Pi coin balances are not loading after the mainnet migration.

The Pi Network team gave users until March 14, 2025, to finish KYC and move their tokens to mainnet. If not, they lose access to their Pi. The price of Pi has dropped over 10% in the last week and now trades at $0.6526, according to CoinMarketCap.

On the other hand, other users who are done with their KYC are furious that new coins like Bondex are getting listed on Binance but Pi coin is still not considered.

#MyCOSTrade #BinanceAlphaAlert

Kaiju-Thuy

Con này dễ dc list binance lắm

CMC6868

Υποτιμητική

liệu có về được 0.01 không.. đu dỉnh thật sự.hiện đã chia 20 lần ..con này hiệu suất hơi kém#BNBCard

Kaiju-Thuy

Các đồng coin trên Binance cũng chia 10 trong 15 phút

Joaquina Felske TMEY

PI NETWORK RUG PULL (12/05/2025) - INVESTORS SUFFER HEAVY LOSSES.

In just 3 hours, the price of Pi dropped nearly 50% from $1.7 to $0.99, causing significant losses for investors. What is noteworthy here is that Nicolas did this on purpose. Let's analyze: just to have beautiful data for Nicolas to present at Consensus 2025, the Pi Network engaged in the act of creating false trading volume to deceive investors. Nicolas used about $5 million to conduct nearly 200 buy and sell transactions of Pi on exchanges to artificially inflate the trading volume of Pi to over $1 billion. Many investors fell into Nicolas's trap when they FOMOed into the price of Pi, resulting in heavy losses. A project with a market cap of $10 billion lost nearly 50% of its market cap in just 3 hours, indicating that this project indeed has issues with fraudulent liquidity creation to mislead investors. It is certain that when the price of Pi hit $1.7, Nicolas used auxiliary wallets to deposit Pi onto exchanges and sold them, reaping tens of millions of dollars from investors. We are like sheep being toyed with by Nicolas, having our wool sheared.

Fortunately, Binance, Bybit, and Coinbase rejected the listing of this scam project, successfully protecting users. Additionally, the Pi Network project is intentionally blocking over 50 million users from mining Pi for 4-6 years; these accounts will not be able to receive Pi even by 2030.

#piscam #pinetwork

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Kaiju-Thuy

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