Following Pi Network's announcement of moving to Open Network phase on February 20, 2025, cryptocurrency exchanges have had diverse reactions:

1. Exchanges supporting listing:
OKX and Bitget: Immediately after Pi Network's announcement, these exchanges opened the portal for users to deposit Pi coins, preparing for the official transaction scheduled for 3:00 p.m. on February 20, 2025 (Vietnam time). dantri.com.vn
2. Exchange refused to list:
Bybit: Bybit CEO Ben Zhou has publicly refused to list Pi, claiming that the project lacks transparency and does not meet the necessary criteria. laodong.vn
3. Exchanges delist Pi in "IOU" form:
CoinW and BitKan: These exchanges have announced to delist Pi as an IOU to protect users' interests, due to concerns about the project's risks and transparency. vnexpress.net
4. Exchange waiting for more information:
Some other exchanges: Still monitoring the situation and have not made an official decision on listing Pi, waiting for more information and reviews from the community.
The listing of Pi on exchanges is causing a lot of controversy in the cryptocurrency community. Investors should be cautious, carefully research information and assess risks before participating in Pi trading.
**Note: This is a neutral analysis based on public data and is not investment advice.