The Pi Network currency enjoys 86% support in the Binance community vote for potential listing âĄď¸đĽâ ď¸
Binance recently conducted a survey asking its community for their opinion on listing the Pi Token. The voting period lasted from February 17 to February 27. This allowed the exchange community and users to express their views on the proposed actions.â ď¸
Fortunately for the Pi Network, the survey came in their favor, with 86% of around 295,000 participants voting in favor of listing the currency on Binance.â ď¸
Now, despite this significant support, Binance has not yet made a decision on whether to list the cryptocurrency on its platform. The exchange has been very cautious about the types of currencies it lists on its platform. Binance remains one of the cryptocurrency platforms that has a strict vetting process that takes into account factors such as security, liquidity, and regulatory compliance.â ď¸
Binance still needs to meet listing criteria before listing its token. Meanwhile, in the absence of an official announcement, investors continue to anticipate what Binance will do.â ď¸
For many members of the Pi community, listing the currency on the Binance platform would give the currency more credibility and attract new investors. This makes sense, as historical patterns indicate that listing currencies on trading platforms has led to an increase in cryptocurrency prices.â ď¸
Despite all this anticipation, Binance's decision will depend on internal review and not just on community demand.â ď¸