why pi not listed binance yet?

Pi network V/S Binance

Pi Network is not listed on Binance (or most major exchanges) yet because it is still in its Enclosed Mainnet phase. Here are the main reasons why Pi is not on Binance yet:

1. Not Fully Launched – Pi Network is still finalizing its transition to Open Mainnet, where coins can be freely traded. The Pi Core Team has not yet officially opened the blockchain for external exchanges.

2. KYC & Migration Issues – Many users are still completing Know Your Customer (KYC) verification, and only a portion of mined Pi has been transferred to the Mainnet. Until more users migrate, Pi's liquidity is limited.

3. No Official Exchange Partnerships – The Pi team has not yet partnered with Binance or other major exchanges. Any listings claiming to trade Pi are unofficial and based on IOUs or speculative trading.

4. Regulatory Compliance – Binance and other exchanges require projects to meet strict compliance, transparency, and decentralization criteria. Pi Network is still working on these aspects.

5. Avoiding Early Speculation – The Pi team wants to build a strong ecosystem before allowing open trading to prevent price manipulation or premature speculation.

Once Pi Network moves to Open Mainnet, it is likely to get listed on major exchanges like Binance, Coinbase, and others. Would you like updates on Pi’s listing status in the future?

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