Pi Network, a long-standing project since 2019, has recently announced its listing on the CEX OKX and is also showing potential for a launch on the largest CEX, Binance.
Pi Network is one of the cryptocurrency mining applications introduced in 2019. With the goal of creating an easy-to-use cryptocurrency network that can be mined on mobile devices without consuming as much energy as traditional cryptocurrencies like Bitcoin. The project, although not yet Mainnet and TGE, has attracted a huge number of users to participate in the project.
Binance Opens Community Vote for Pi Network
According to the announcement on the homepage, Binance has opened a poll to see if Pi Network is the next project to be listed on the exchange. Voters must meet a few conditions as follows:
- To have their votes counted, users need to be logged into their verified Binance accounts and have at least $5 USD worth of assets in their exchange accounts.
- Each user gets one vote during the voting period, but they need to maintain that $5 balance from February 17th to 27th, 2025.
- Daily results on the Binance Square channel are preliminary, as final counts will be adjusted after the campaign ends to remove ineligible or invalid votes.
Source: Binance Announcement
About Pi Network
Pi Network is a cryptocurrency project that lets people mine Pi coins (π) on their phones, unlike Bitcoin which needs powerful computers.
Pi mining is designed to be easy on battery and data usage. However, Pi Network has faced criticism because its large user base doesn’t seem to match the actual usefulness or value of the Pi coin. Some people are concerned about its economic model, the control the Pi team has, and whether the project will last.
This network has reported having up to over 60 million users!
