The possible inclusion of Pi Network💎 on Binance has generated great expectation and debate in the crypto community💰. Here are the key points of this situation:
Relevant points:
📌Community voting:
📌Binance conducted a community vote to determine interest in listing Pi Network.
📌 A large majority of participants voted in favor of including Pi.
📌Current status of Pi Network:
📌 Pi Network is currently in its "closed network" phase, which limits transactions outside its ecosystem.
📌 This phase poses challenges for listing on exchanges like Binance, which generally require open and decentralized blockchains.
📌Considerations for Binance:
📌Binance has strict compliance and security criteria for listing cryptocurrencies.
📌The nature of Pi Network's model, including its KYC process and token distribution, may raise regulatory concerns.
📌 The lack of a fully open Mainnet is also a significant obstacle.
📌Negotiations and expectations:
📌Although the vote showed strong interest, the final decision rests with Binance.
📌 The Pi Network community hopes that listing on Binance will significantly increase the liquidity📈 and adoption of the cryptocurrency.
📌 There is much speculation that on March 14, which is the anniversary of the cryptocurrency, the listing will take place🗒️.
❗❗Warnings:
Pi Network has warned about fake listings on some DEX, urging users to proceed with caution❗❗
💥In summary:
⚔️The possible inclusion of Pi Network on Binance is a complex issue, influenced by the current state of the Pi network, Binance's standards, and regulatory considerations. Although the community vote was positive, the final decision is still pending⚔️.
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