The delay in listing Pi on trading platforms is due to several major factors related to the project and its orientations, and here are some detailed reasons:

1. Testnet:

• Pi is still in the testing phase on its network, which requires time to identify technical issues and ensure network stability.

• Many similar projects take years to develop a strong ecosystem before launching the mainnet.

2. Focus on building, not trading:

• The Pi Network team seems to be focusing on building a strong economic system and an active community first.

• Listing the currency for trading before completing these goals may harm the project’s credibility in the long run.

3. User Verification (KYC):

• The project takes a long time to verify users’ identities (KYC) to prevent illegal activities and ensure compliance with regulatory laws.

• This process takes time because they have a huge community.

4. Legal and Regulatory Compliance:

• Cryptocurrency projects face strict regulatory requirements that vary from country to country.

• Pi Network may be in the process of addressing these issues to ensure a smooth global launch.

5. Building real value for the currency:

• The project aims to create real value for the currency by developing applications that use the currency within the ecosystem.

• Without this, the currency may be just a speculative tool with no practical benefit.

6. Network Complexity and Massive Community