Why is Binance not listing Pi after voting ?
Binance's decision not to list Pi Network's token, despite a community vote favoring its inclusion, stems from several key considerations:
📌 Community Vote as a Reference
In February 2025, Binance initiated a community vote to gauge interest in listing Pi Network's token. While 85% of participants supported the listing, Binance clarified that the vote was for reference purposes only and did not guarantee immediate action.
📌 collInternal Evaluation Process
Binance emphasized that the final decision to list any token depends on its internal evaluation processes, which assess factors such as the project's legitimacy, security, and compliance with regulatory standards. Despite the community's support, Pi Network's listing is contingent upon meeting these stringent criteria.
📌 Concerns and Criticisms
The Pi Network has faced scrutiny regarding its legitimacy and operational model. Critics have raised concerns about its referral-based mining system and potential risks associated with listing the token. These apprehensions contribute to Binance's cautious approach in making a final listing decision.
In summary, while the community vote indicated strong support for Pi Network's listing, Binance's decision is influenced by comprehensive internal evaluations and external concerns, leading to the current delay.