Why is Pi Network still not listed on Binance? The truth unveiled!
Have you ever wondered why Pi Network is still not appearing on the Binance listings? Despite the community voting overwhelmingly in favor of its inclusion (a resounding 86%!), and the expectations generated during "Pi2Day", the token still does not appear on the radar of major exchanges.
But what are the reasons behind this absence? Analyst Kim H. Wong has revealed it in a detailed post on X. According to Wong, the main obstacle for giants like Binance or Coinbase to list Pi
Coin lies in two key points:
* Closed code: Unlike most blockchains, the code of Pi Network is not open source. This undermines trust and technical evaluation, which is fundamental for exchanges looking to ensure safety and transparency for their users.
* Lack of security audits: Major exchanges demand rigorous security audits conducted by third parties to protect users and comply with regulations. Wong emphasizes that the alleged audits of Pi Network have not been verified and there is no reliable documentation to support them.
In summary, the lack of transparency in its code and the absence of verifiable security audits are the main barriers for Pi Network to make the leap to the most important trading platforms.
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