Pi coin was launched on the OK platform. The opening price was 2 US dollars. As a result, the price plummeted and dropped directly to 1 US dollar, which was cut in half. The biggest problem now is that it restricts people in our country from trading, resulting in not enough people to take over, so the liquidity in the market is particularly poor.

This Pi coin is launched on the largest suspected pyramid scheme among Chinese people, but Chinese people are not allowed to participate in the transaction. This operation is really hard to understand. As long as the account is authenticated as a mainland Chinese user, you can't even see the transaction interface and can't trade at all.

I think the ban on Chinese transactions is mainly to evade the crackdown on virtual currency trading speculation by relevant domestic regulatory authorities, and those who have a lot of coins in their early mining hands.