Will Binance ever list Pi coin? Here’s what to know

Pi coin has failed to make it to the list of the biggest crypto exchanges. Although 86% of the Pi community voted in favor of a Binance listing, the exchange has not shown an interest in listing it. 

Binance has started a new project called “Vote to List.” Users can vote on which tokens to add to the list in the app. Pi Network, which was supposed to be on the exchange, has been left out of the first promotion.

This has led to doubts about Pi Network’s future credibility and market chances. Investors who are deeply invested in Pi are very disappointed with this new development. 

Why Pi was left out of a Binance listing 

The “Vote to List” program was made public just one month ago. It is unique because it is not centralized. Within this project, Binance wants to make sure that its community is actively involved in choosing which tokens should be listed in its marketplace.

In the first competition, nine projects will compete for the listing. Some of the projects in the campaign are BANANAS31 (Banana For Scale), BID (CreatorBid), KOMA (Koma Inu), SIREN (SIREN), Mubarak (Mubarak), TUT (Tutorial), and WHY (why). The two that get the most votes will be named winners.

In order to be able to take part in the program, a project must be stored on the BNB Smart Chain network. Unfortunately, Pi Network does not meet this criteria because it has its own blockchain. As a result, it can’t be part of the initiative. 

When Binance asked users in a community vote whether to put Pi Network on the exchange, the vast majority of investors who responded voted in favor of PI. However, the Binance team hasn’t done anything about this yet. So why did they even ask?

They played down the community’s reaction to listing PI by saying that other factors would be taken into account before making a final choice. Now, investors are beginning to say that Binance unfairly supports meme coin projects that are built on Binance.

Pi coin transparency issues

Other than Binance’s questionable actions towards the Pi Network, the crypto community has had issues with its transparency. A growing number of users are calling for transparency about the network’s funding sources.

For instance, one of the founders of Pi Network did some research and found that three companies, 137 Ventures, Ulu Ventures, and Designer Fund, have invested in SocialChain Inc., the company that runs Pi Network.

However, the investigation showed a major problem: Two of these investors do not have Pi Network in their legal investment portfolios.

On the other hand, none of these companies have said how much money they have put into Pi Network, even though they have been open about their investments in other companies.

🔍Who Are Pi Network’s Investors? The Mystery Continues! 🚨

The Pi Core Team has never officially disclosed any investors behind Pi Network. However, it’s been reported that SocialChain Inc. (Pi Network) has received funding from three firms: 137 Ventures, Ulu Ventures, and… pic.twitter.com/6vgMPo8fCd

— Pi Network – Open Mainnet (@Pi81Mall) March 18, 2025

In addition, a case filed by former co-founder Vince McPhillip against Pi Network in the past gives us more information about how the project got its money. The lawsuit included several claims, such as wrongful termination, intentional and negligent infliction of emotional distress, and breach of fiduciary responsibility.

It also said that the project had raised money by selling SAFE (Simple Agreement for Future Equity) securities. Pi Network sold SAFE agreements in September 2019 for up to $20 million. At this point, the project had raised $500,000. 

A few months later, in February 2020, Pi Network held another round of fundraising at the same $20 million value, which brought in an extra $300,000. Even with these attempts to raise money, the Pi Network community is still worried about the lack of clear financial information. 

Exchanges that have listed Pi coin

The most current listing is by CoinEX. PI began trading on CoinEx for real on March 18, 2025. At 11:00 UTC, the window for deposits and withdrawals opened. Trading began at 11:30 UTC, letting Pi users trade against USDT. 

With this latest listing, Pi Coin is now available on 12 exchanges, as per Coinranking data. The others are Gate.io, OKX, Bitget, MEXC Global, Bitmart, DigiFinex, LBank, XT.COM, Ascend EX (BitMax), CEX.IO, and NovaDax.

If the crypto exchange HTX did not officially remove Pi Network (PI) from its site on February 13, 2025, Pi coin would have 13 exchanges. HTX said it might relist PI after the main network is fully operational, but it hasn’t announced anything to date.

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