HERE IS THE REASON WHY BINANCE HAS NOT LISTED PI..
There are several main reasons explaining why Binance has not listed Pi Network as of now (March 17, 2025), based on recent information and analysis:
Not meeting technical and transparency standards:
Pi Network, although it "opened the network" on February 20, 2025, after more than 6 years of development, has not yet made its smart contracts and source code public. These are fundamental factors that major exchanges like Binance require to evaluate a cryptocurrency project. Furthermore, Pi's blockchain network is not fully decentralized, with mainnet nodes still controlled by the Pi Network team, raising doubts about transparency and the level of decentralization.
Binance's strict evaluation process:
Binance has a rigorous evaluation process to decide on listing any token. The criteria include project quality, development team, technology, market demand, security, and legal compliance. Although the community vote from February 17 to February 27, 2025, indicated that 87.1% of users supported listing Pi, Binance emphasized that this result is merely for reference. The final decision depends on internal assessment, and Pi may not fully meet these requirements yet.
Legal risks and reputation:
In many countries, including Vietnam, cryptocurrencies like Pi are not recognized as legal means of payment. Binance, being the largest exchange in the world, must be cautious to avoid legal risks or closer scrutiny from regulatory authorities. Listing a controversial project like Pi could affect the exchange's reputation, especially after recent criticisms regarding the listing of high-risk "memecoins."
