With Pi Network receiving strong support from the community and becoming the 5th largest Bit with a Watcher count of up to 3.7 million, Binance, which rarely organizes community votes, has had to survey global users: "Should Pi be listed on Binance?" Here is Binance's opinion.
Binance Organizes Community Vote for Pi Coin
Binance's decision to organize a community vote is unusual, as this trading platform rarely solicits public opinion on Token listings. This move comes amid growing attention on Pi Network, positioning it as a major competitor in the cryptocurrency field.
Binance announced that the vote aims to listen to feedback from its global user community, stating: "We have been listening to the lively discussions in the community about Pi Network. To ensure the voice of users is heard, Binance is opening a Community Vote."
Voting Process & Eligible Participants
To participate in the voting process, users must log in to their verified Binance account and hold at least $5 USD in assets. Each eligible user can cast one vote, choosing "Yes" or "No" on whether Pi Coin should be listed.
However, the voting will take place from February 17, 2025 to February 27, 2025, and must be completed on the official Binance Square post.
Votes will be monitored daily, but Binance says only valid votes will be counted, meaning users must maintain a minimum balance of $5 USD throughout the voting period. Any votes that violate the terms and conditions will be excluded before the final results are announced.
Initial Voting Results Favor Pi Coin Listing
Just a few days into the voting, the Pi Network community has shown strong support for the Binance listing. So far, 88% of voters agree with the listing, while only 12% are against it.
Over 2 million votes have been cast, and participation continues to increase as the final deadline approaches.
Will Pi Coin Be Listed on Binance?
Despite the strong support, Binance has emphasized that the community vote does not guarantee the listing. The exchange noted that while user feedback is valuable, it will not replace Binance's formal review process.
Binance confirmed that Pi Coin is still under review and will only be listed if the candidate meets the exchange's strict standards. For now, Pi supporters will have to wait and see if the listing becomes a reality.
