#AltcoinETFsPostponed
Here is a summary of the average reasons why the Pi currency has not been listed on Binance yet:
1. "Closed Network" Phase: Pi trading is still limited within its system, and there is no trading or liquidity in the open market, which contradicts Binance's requirements.
2. Data Ambiguity and Transparency: The lack of clarity regarding Pi tokens (total supply, circulating, lock mechanisms) raises Binance's concerns about the potential for price manipulation and risks.
3. Legal and Regulatory Risks: The absence of clear regulatory approvals makes Binance hesitant to list Pi for fear of violating laws.
4. Development Centralization: The core Pi team's control over development raises questions about the project's commitment to the decentralization preferred by Binance.
5. Lack of Liquidity and Trading Volume: The unavailability of Pi for trading in the open market means a lack of liquidity needed for a stable trading environment on a large platform like Binance.
Despite the enthusiasm of the Pi community, Binance has not officially announced any plans for listing yet. Pi is currently being traded on some smaller platforms, but not on Binance. Official announcements from both parties should be followed for the latest updates.