Current Situation

  1. Community voting results
    Binance launched a community vote from February 17 to February 27, 2025, asking users whether they support the listing of Pi Network's native token PI. According to the voting results, a total of 294,958 people participated, of which 86% supported the listing. This high support rate shows the community's strong interest in Pi's listing on Binance. However, Binance made it clear that the voting results are for reference only and the final decision depends on its internal review process.

  2. Mainnet Opening Process
    Pi Network has officially entered the Open Network stage on February 20, 2025, allowing interaction with external compliant networks and systems. This is an important step for Pi tokens to move towards the trading market. Currently, several centralized exchanges (such as OKX, HTX, Bybit, MEXC, etc.) have announced support for Pi transactions, but Binance has not yet made an official statement.

  3. Binance’s Audit Standards
    Binance has a strict evaluation mechanism for the listing of new currencies, including the technical robustness of the project, compliance (such as KYC/KYB), liquidity and security. Although Pi Network has more than 60 million users, it has been controversial in the past for its referral mining model and record of multiple delays in the mainnet. Binance may still be evaluating whether Pi meets its standards.

Factors supporting the launch

  • Community support and traffic potential
    Pi Network's huge user base (more than 60 million Pioneers worldwide) and social media influence (more than 3.7 million fans on X) are huge traffic draws for Binance. A post on X pointed out that Binance may "covet" Pi's popularity.

  • Market competition
    Other mainstream exchanges have already launched Pi. If Binance does not follow suit, it may lose some market share and user attention.

  • Pressure on voting results
    The 86% support rate shows that user demand is strong and Binance may face certain community pressure.

Factors that do not support going online

  • KYB Audit Controversy
    A user on X mentioned that Pi Network requires all trading platforms to pass its KYB (Know Your Business) certification, and Binance, as the industry leader, may be unwilling to "bow" and accept this condition. This may be an obstacle to the negotiations between the two parties.

  • Controversy of the project
    Pi Network has been questioned as a "pyramid scam", and Bybit CEO even publicly called it a "scam targeting elderly investors." Although the Pi team has refuted such allegations, this negative reputation may make Binance cautious about it.

  • Binance’s Cautious Strategy
    Binance has been criticized in recent years for listing low-market-cap meme coins (such as pump-and-dump projects), and former CEO Changpeng Zhao (CZ) has also raised objections. This restart of the community vote may be part of a more cautious strategy, but there is no guarantee that it will be listed.

Current progress and forecasts

  • As of March 3, Binance has not issued an official statement regarding Pi Network’s listing. The voting has ended, but the internal review may take weeks or even longer.

  • Market reaction
    After Pi was listed on other exchanges, the price soared to $1.97 on February 20, and then fell back to around $1.50 (as of the end of February). If Binance confirms the listing, it usually triggers a new round of price fluctuations.

  • Pi Day (March 14)
    The Pi Network community is looking forward to more updates, including possible exchange cooperation news, on “Pi Day” (the anniversary of the project launch) on March 14. This may be a key node to observe Binance’s decision.

in conclusion

The possibility of Pi Network listing on Binance exists, but it is not set in stone. In the short term (within March), if Binance passes Pi's KYB audit and recognizes its potential, the probability of listing is high; on the contrary, if the audit fails or Binance's risk assessment is too high, it may be postponed or even abandoned. It is recommended to pay attention to the official announcements of Binance and Pi Core Team, especially the dynamics after March 14, and be cautious about unofficial transactions on third-party platforms to avoid falling into scams.