Why is Pi (PI) not listed on Binance?
Although the Pi cryptocurrency is tradable on other major exchanges like OKX and Bitget, Binance refuses to list it for the following reasons:
Regulation and Security (KYC/AML): Binance imposes rigorous security audits and complete KYC (Know Your Customer) checks of its user base. The slow pace of the KYC process from Pi Network and the lack of a third-party security audit are major obstacles.
Tokenomics Transparency: The economic structure of Pi is considered opaque. There is insufficient clarity regarding the distribution of coins, the actual supply in circulation, and the control that the core team exercises over the total supply of 100 billion PI.
Infrastructure and Manipulation Risk: Binance avoids listing assets that pose a high risk of volatility or market manipulation. The unique nature of the Pi blockchain and its initial trading in the form of IOUs on other platforms has created technical and financial uncertainties.
In short, Binance will list Pi Coin only when the project meets their strict standards of transparency, security, and compliance.