PI Coin Mennet Launch Close to achieve a possible binense listing before launch



PI Coin received strong support in the recent Binen’s Community Vote on its possible listing just a few days before the launch of this week.

On 17 February, Benance launched one Community opinion To determine whether tokens of PI network, PI coins must be listed on its platform.

To participate, users must log into their verified binance accounts and maintain assets worth at least $ 5 in their exchange wallets during the voting period; Otherwise, their votes will not be counted.

As of 18 February, 85% of the voters supported the list of PI network on Benance. However, the exchange has clarified that the vote does not guarantee a listing.

Users have to cast their votes up to 23:59 UTC on 27 February.

Launched on March 14, 2019, the PI network vision has always been to create more accessible cryptocurrency than bitcoin. Its approach enables users to mine PI coins (PI) directly from your smartphone without the need for energy-intensive processes such as traditional cryptocurrency.

Users earn mining prizes, when they signed up – first they joined, the higher their earnings rate. They can increase their awards by inviting new users or by making a security circle.

To capitalize on the promotion, the Crypto Exchange OKX has already announced support for the PI/USDT trading pair, which is set to be live on 20 February.

However, after its launch, PI Coin may have to face significant sales pressure as the miners finally get a chance to sell their holdings in the end.

Listing occurs on the same day as a long -awaited menet launch of the pie. Being live on the mennet means that PI coin holders will eventually be able to convert their coins into fiat currencies after years of mining.

It also opens the PI ecosystem for comprehensive audiences and provides users access to about 80 community-made apps. These include PI map, which connects buyers and sellers that accept PI coins, as well as PI games, care for care, and 1pi malls.

Controversy around PI launch

Meanwhile, the PI network has faced heavy criticism for its long growth process and lack of exchange listing. Some suspects have compared it to Ponzi schemes, while others have accused users of delaying launch to keep users busy.

The project has been called a pyramid scheme due to its referral-based mining system. In May 2021, it was accused of a data violation, which allegedly exposed 17 GB personal data from 10,000 Vietnamese citizens, although the team denied these claims.

Despite suspicion, analyst Kim Wong defended Pai’s credibility on 16 February. Post On X, it is called the only Crypto Network to enable “immediate boundary boundary Parbiri and transactions”.

Wong said the PI is distributed in 200+ countries, with more than 100 million registered users, of which 65 million are active. He also said that 19 million users have completed KYC verification, and about 10.5 million already hold PI in their purse.

Beyond its user base, Wong deployed PI as a layer 1 blockchain, “decentralized, scalable, fast, safe and web 3-taiyar.” He emphasized its versatility, given that it can serve as a widely used digital currency, its “growing ecosystem also supports all other blockchain functions.”

“If you still don’t know what the PI network is, or if you still think it’s a scam, you are really falling back and need to catch!” He concluded.

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