3 Reasons Why Pi Network Has Not Yet Been Listed on Binance, According to Analysts

Jakarta, Pintu News – Following the launch of the Pi Network open network, many community members were hoping that Pi Coin (PI) would soon be listed on Binance, the world’s largest crypto exchange. Despite a strong push from the community with 86% voting in favor, Pi Coin has yet to be listed.

So, what are the main reasons behind this delay? One analyst, Kim H. Wong, explained three main factors that explain why Pi Coin hasn’t been able to make it to exchanges like Binance or Coinbase.

1. Pi Network Blockchain Code that is Not Open to the Public

One of the main reasons why Pi Coin hasn’t been listed on major exchanges like Binance is because the Pi Network’s blockchain code is not open-source. According to Wong, open code is essential for building trust and enabling transparent technical assessments. This is a standard that many other large crypto projects are already implementing.

Security and transparency are two factors that exchanges like Binance and Coinbase care about. Without open code, it is difficult for external parties to conduct audits or technical checks of the Pi network.

In a cryptocurrency world that relies heavily on trust and security, open code is an important requirement to ensure that the project can be trusted by investors and users.

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2. No Verified Third-Party Security Audits

Another problem is the absence of verified third-party security audits. Binance and Coinbase pay close attention to strict security standards to protect their users and comply with applicable regulations. Pi Network has not provided sufficient evidence to show that they have undergone a legitimate audit process.

Even the audit claims previously made by Pi Network were refuted by their own official statement. This shows a lack of transparency that is of concern to major exchanges.

While a third-party audit is not a mandatory requirement to be listed, it will increase confidence in Pi Coin’s technical stability and security, which will ultimately ease the process of listing on major exchanges.

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3. Pi Network Has Not Submitted an Official Listing Application

The third reason revealed by Wong is that Pi Network has not submitted a formal application for listing on Binance or Coinbase. Currently, Pi Coin can be traded on several centralized crypto exchanges such as OKX, MEXC, and Bitget, but there is no confirmation whether the Pi Network team has submitted a formal application to Binance or Coinbase.

The process of listing on major exchanges requires commitment from the development team, including complete paperwork and compliance with the requirements set by the exchanges. Without clear initiatives from Pi Network, the opportunity to list on Binance and Coinbase remains elusive.

Conclusion

Although Pi Coin (PI) has gained huge support from the community and has great potential in the crypto market, a number of technical and procedural challenges still stand in their way of being listed on Binance and Coinbase.

With its non-open code, lack of security audits, and no official listing application yet, Pi Network still needs to work hard to meet the standards set by major exchanges.

Nevertheless, the steps taken by the Pi Network team going forward will largely determine whether Pi Coin will soon list on the world’s largest exchanges.

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Reference

• BeInCrypto. Analyst Discusses 3 Reasons Why Pi Network Hasn’t Been Listed on Binance. Accessed July 24, 2025
• Featured Image: Generated by AI