WHY PI NETWORK IS NOT LISTED ON BINANCE AND COINBASE

Over the years, Pi Network gained massive hype but remained absent from the Coinbase and Binance exchanges. Most crypto analysts suspect that its lack of transparency is the core element for not being listed, but Pi Network has not officially made a statement regarding it. So, crypto expert Kim H Wong lists 3 major reasons for it:

>Not Fully Open Sourced:

Due to its ongoing development phase and concerns about transparency and control, it has not been fully open-sourced. Pi Network has been frequently criticized for its lack of transparency in tokenomics and lack of clarity in the project by different crypto analysts.

>Lack of Third-Party Security Audit:

Several industry experts have expressed concerns over the lack of independent verification, signaling a lack of security and transparency. This has made the Pi network susceptible to potential attacks or manipulation, risking not only the platform’s security but also customers’ private information and funds.

>Pi Network Application in Coinbase and Binance:

Wong suspects that Pi Network may not have applied to Coinbase and Binance for listing. There have been multiple rumors and discussions on Pi Network’s listing on Binance and Coinbase, but the platforms never released an official statement regarding it, and neither did Pi. So, after all, there might be a possibility that Pi has not applied to the exchange platforms for listings.