Despite reaching an all-time high popularity and a large global community in 2025, Pi is still not listed on the world's leading cryptocurrency exchanges — Coinbase and Binance. Cryptocurrency analyst Kim H Wong listed the reasons in a post on X, explaining why Pi remains absent from major cryptocurrency platforms.

Why is Pi Network Not Listed on Binance and Coinbase?

Over the years, Pi Network has created a huge frenzy but remains absent from the Coinbase and Binance exchanges. Most cryptocurrency analysts are skeptical that the lack of transparency is the core factor preventing Pi Network from being listed, yet Pi Network has not officially made any statement on this matter. Hence, cryptocurrency expert Kim H Wong has outlined three main reasons:

  • Not Entirely Open Source

Due to the ongoing development stage and concerns about transparency and control, Pi Network is still not fully open source. Pi Network has frequently faced criticism for its lack of transparency in tokenomics and the ambiguity of the project from many cryptocurrency analysts.

  • Lack of Third-Party Security Audit

Some industry experts have expressed concerns about the lack of independent verification, indicating a lack of safety and transparency. This makes the Pi network susceptible to attacks or manipulation, endangering not only the security of the platform but also the personal information and finances of users.

  • Pi Network Application on Coinbase and Binance

Wong suspects that Pi Network may not have applied for listing on Coinbase and Binance. There have been numerous rumors and discussions about Pi Network being listed on Binance and Coinbase, but these platforms have never made an official statement regarding this, nor has Pi. Therefore, ultimately, it is possible that Pi has not applied for listing on the exchanges.

What is the Next Step for Pi Network?

Pi Network aims to build a strong user community to strengthen trust in the network, with the ultimate goal of making Pi a currency for daily transactions. To enhance acceptance rates, Pi focuses on creating a convenient transaction process, potentially through mobile devices. Analysts predict that Pi Network has a successful future and long-term integration, with expected price increases by 2030.