Binance Vs Pi Listing: Some Contending Issues
The question to ask: Is Binance Exchange in Business? With all due respect, I think they are. At the moment, #Binance is the largest #Cryoto Exchange by volume of trading.
So, why has Binance not listed #Pi up till now, since the network launched open on February 20 , 2025?
To be fair to Binance, it's not always the case that they come out to list a coin immediately such coins launch open mainnet. I think it has to do with meeting certain requirements before such coins are listed.
If the same Binance provisions are applicable to Pi Network, then why did Binance decide to use another method of voting by users on the Binance platform to decide Pi's fate instead of following their own prerequisites? Is it that Binance has a hidden agenda, probably thinking that Binance users will vote against the listing of Pi, then using this as an excuse to not list the coin? Unfortunately, the world has seen the result, revealed by Binance themselves which gave 87.1 percent yes, and 12.9 percent no. Since revealing the result of the voting, Binance authorities have remained silent about the possible listing. Nothing stops Binance from issuing a statement that certain matters are still being worked upon on Pi listing.
I have said it before now. Binance should avoid being seen as a hater of Pi Network. Like I have written in the past, I said Binance once congratulated Pi Network on the PiDay1 event in 2003.
There may be some hanging issues to be sorted out between Binance and Pi Network, one of which is the issue of KYB introduced by Pi Network. Meaning that any Exchange that intends to list Pi must be KYB-approved. KYB means Know Your Business. Maybe some individuals within Binance set up see this proviso as going too far. No. If there are requirements to be met by both sides, let them strife to meet those requirements for the sake of their businesses.
Some analysts have raised questions why Binance raced to list a meme coin like #Trump without a recourse to certain prerequisites but leaving out an apparently credible coin like Pi unlisted. Not to worry, a coin like Trump's may have enjoyed political consideration.
However, I am thinking of the business angle . From all raminifications, Pi deserves to be listed. The fact that Pi has been ranked as 11th in the global crypto ranking has further justified a listing on Binance platform.
So, why has Binance not listed #Pi up till now, since the network launched open on February 20 , 2025?
To be fair to Binance, it's not always the case that they come out to list a coin immediately such coins launch open mainnet. I think it has to do with meeting certain requirements before such coins are listed.
If the same Binance provisions are applicable to Pi Network, then why did Binance decide to use another method of voting by users on the Binance platform to decide Pi's fate instead of following their own prerequisites? Is it that Binance has a hidden agenda, probably thinking that Binance users will vote against the listing of Pi, then using this as an excuse to not list the coin? Unfortunately, the world has seen the result, revealed by Binance themselves which gave 87.1 percent yes, and 12.9 percent no. Since revealing the result of the voting, Binance authorities have remained silent about the possible listing. Nothing stops Binance from issuing a statement that certain matters are still being worked upon on Pi listing.
I have said it before now. Binance should avoid being seen as a hater of Pi Network. Like I have written in the past, I said Binance once congratulated Pi Network on the PiDay1 event in 2003.
There may be some hanging issues to be sorted out between Binance and Pi Network, one of which is the issue of KYB introduced by Pi Network. Meaning that any Exchange that intends to list Pi must be KYB-approved. KYB means Know Your Business. Maybe some individuals within Binance set up see this proviso as going too far. No. If there are requirements to be met by both sides, let them strife to meet those requirements for the sake of their businesses.
Some analysts have raised questions why Binance raced to list a meme coin like #Trump without a recourse to certain prerequisites but leaving out an apparently credible coin like Pi unlisted. Not to worry, a coin like Trump's may have enjoyed political consideration.
However, I am thinking of the business angle . From all raminifications, Pi deserves to be listed. The fact that Pi has been ranked as 11th in the global crypto ranking has further justified a listing on Binance platform.
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