because it's garbage. I'm fed up with reading about Pi on Binance. It's hard to believe that people here are betting on 💩

Why Isn't Pi Network Listed on Binance Yet?

BeInCrypto previously reported that Binance launched a community vote for PI's listing. Despite receiving 86% of the votes in favor, the exchange did not list the token .

Then, on Pi2Day, many expected a listing announcement, but again, nothing happened. However, this may not be without reason.
In a detailed post on X, analyst Kim H. Wong highlighted why #Binance or Coinbase haven't listed Pi Coin.
According to him, the primary obstacle is the non-open-source nature of the Pi Network blockchain code.

Wong emphasized that open-source code facilitates trust and technical vetting, standards that Pi Network has not yet met. A second issue is the lack of third-party security audits.

Large exchanges require rigorous security evaluations to protect users and comply with regulatory standards.
The analyst noted that the unverified audit claims were refuted by an official disclaimer.
Furthermore, there is no documentation or reliable sources to verify that Pi Network has ever been audited.