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😱🚨🚨Pi Network decision sparks controversy: "It's better to stay away," said CEO of the exchange

OKX's decision to list #Pi Network's token PI has brought controversy. While Bybit has closed the possibility of a listing, its CEO #BenZhou said, "I will stay away."

The announcement made by the cryptocurrency exchange OKX today that it will list Pi Network's token PI on February 20 has sparked widespread debate.

While some critics of the listing card have various doubts about the legitimacy of #PiNetwork , others believe that it has a structure similar to the current "pyramid system". On the other hand, it is a known fact that there is a large audience that has been mining Pi Network via smartphones for many years and that over 70 million users are reached in the world.

Other exchanges' moves are curious
After OKX's listing announcement, other cryptocurrency exchanges turned to it. While Bitget also announced that it would list PI on the same day, some platforms preferred to be cautious on this issue.

For example, Bybit exchange responded negatively to the listing request. Bybit CEO Ben Zhou noted the following in his post:
“Many people asked me today, ‘Are you considering listing PI?’

I said, ‘Don’t be ridiculous.’ When I used to be in the forex business, every day uncles and aunts would say, ‘I earned my money with sweat, give me back!’ The reason I got into crypto was precisely because I wanted to stay away from doing such things. I will stay away… Thank you…”

According to the structure of the project’s official account, the mainnet of the Pi Network will be launched on February 20 at 11:00 Turkey time. However, it is stated that a significant portion of users who have been mining PI for a long time have not been able to complete their identity verification (KYC) processes.

It is a matter of curiosity how the price of PI will follow when it is traded on exchanges.

#TokenReserve #BTCStateReserves