5 questions and 5 answers
You can read them to understand
Q. Why did Bybit refuse to list Pi Coin?
C. There are several potential reasons for Bybit's refusal to list Pi Coin, including:
Potential reasons
1. *Security issues*: Bybit may have found some security issues in the Pi Coin protocol, threatening user security.
2. *Legal regulation*: Pi Coin may not comply with regulatory laws and regulations in some countries, potentially leading to legal risks for Bybit.
3. *Competition with other coins*: Bybit may have decided to focus on other coins that it considers to be of higher value or more popular.
4. *Stability and liquidity*: Pi Coin may not have demonstrated a sufficient level of stability and liquidity, leading to difficulties in trading it.
5. *Internal consultations*: Bybit may have decided not to list Pi Coin based on internal consultations with market and regulatory experts.
Sources
I did not find any official sources confirming the real reasons for Bybit's refusal to list Pi Coin. It may be useful to check the official websites of Bybit and Pi Coin for more information.
The listing of Pi Coin was rejected by Bybit due to allegations of fraud. Ben Zhou, the CEO of Bybit, harshly criticized the Pi Network project, describing it as fraudulent, and confirmed that his platform would not list the coin for trading in the near future ¹.
Q. Is Pi Network really a fraudulent project?
C. There are some doubts about the Pi Network project, but there is no conclusive evidence that the Pi Network project is necessarily fraudulent.
Some points that raise doubts:
1. *Lack of transparency*: The Pi Network project is considered non-transparent regarding some aspects, such as governance structure and financial policies.
2. *Lack of open source*: There is no open source for the Pi Network project, making it difficult for users to understand how the network works.
3. *Lack of tradable product*: A tradable product has not yet been launched, raising doubts about the viability of the project.
Some points that support the Pi Network project:
1. *Good intentions*: The Pi Network project seems to aim to provide a decentralized and secure network for users.
2. *Technical quality*: The Pi Network project appears to have good technical quality, utilizing modern technologies like blockchain.
3. *Community interest*: The Pi Network project seems to have a significant community interest, with an active user community.
Conclusion:
It cannot be said that the Pi Network project is necessarily fraudulent, but there are some doubts raised by some points. It is important for users to do their own research before investing in any project.
Q. Will this coin be listed on Binance?
C. There is no confirmed information about the listing of Pi Network on Binance. However, it seems that there are some coins associated with the Pi Network project listed on Binance, such as Pi Network DeFi and Pi Network AI ¹ ² ³. However, there is no confirmation of the listing of Pi Network itself on the platform.
Q. What about the survey conducted by Binance?
C. Binance conducted a survey regarding the listing of Pi Network on its platform. The results showed that 85% of users support the listing of Pi Network, while 15% opposed it ¹.
Q. What is its decision?
C. Binance decided to list Pi Network on its platform after a survey showed 85% user approval ¹. This decision comes after a comprehensive analysis of various aspects, including transparency, legal and regulatory risks. It is important to note that the final decision may be subject to changes based on market and regulatory developments.
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