Binance has not listed Pi Coin because it does not meet their strict standards. Even though 86% of people in a vote wanted Pi Coin on Binance, that does not mean Binance will list it. They are still checking if Pi Coin is safe and real.
Many people call Pi Network a scam because there is no real blockchain, no real transactions, and no way to withdraw money. It works like a pyramid scheme—people invite others to mine Pi, but there is no proof that it has real value. Some countries, like Vietnam and China, have warned people about Pi Network being risky. Binance does not want to list something that looks like a scam.
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