Pi Network IOUs Surge 44% As Binance Polls Community on PI Listing
The post Pi Network IOUs Surge 44% As Binance Polls Community on PI Listing appeared on BitcoinEthereumNews.com.
Binance, the world’s largest cryptocurrency exchange by trading volume, has launched a poll asking users whether it should list Pi Network. According to Binance, they are holding the poll following “vibrant discussions” within its community regarding Pi Network. Create Binance Account We want to hear from you! 🫵 Should $PI be launched on #Binance? Vote now on Binance Square and share your thoughts! Cast your vote ➡️ https://t.co/gXvkN6nbqi pic.twitter.com/RZkCLdg8Yd — Binance (@binance) February 17, 2025 Voting is accessible to users with verified Binance accounts who hold at least $5 worth of assets in their accounts during the voting period. The voting period is already open, and will end on February 27 at 23:59 UTC. This means that Binance won’t be listing PI as soon as possible, even if the community votes in favor and Binance decides to list the coin. A listing on Binance would be a major win for Pi Network, as it would help ensure strong liquidity for PI and make the coin accessible to a huge userbase. The highly anticipated Open Network phase of the Pi Network project is set to launch on February 20 at 08:00 AM UTC. Once it launches, Pi Network will have external connectivity, which means that PI will be available for trading on cryptocurrency exchanges. Multiple exchanges, including OKX, Bitget and MEXC, have already announced that they will be listing PI and offering trading services for the coin as soon as the Open Network phase goes live. PI IOUs Surge 44% as enthusiasm for Open Network launch builds Some cryptocurrency exchanges have been offering PI trading for several years even though the coin itself is not yet live. These listings are referred to as IOUs (I owe you), as traders’ IOU balances will be exchanged with PI once the coins are available for trading. The…
Filed under: News - @ February 17, 2025 5:26 pm