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Mustafa Mulla
Mustafa Mulla
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
- Feb 06, 2025 09:16 UTC
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Pi Coin Launch Delayed – But Could It Be Headed for Binance or Coinbase?
10 million users have completed KYC, bringing Pi Network closer to Mainnet launch.
Mainnet launch still expected in Q1 2025, with users urged to complete migration.
Crypto exchanges like Binance and OKX have shown interest in listing Pi Coin after launch.
Pi Network, a hot topic in the crypto world, has faced yet another delay in its long-anticipated Mainnet launch. Users have been eagerly awaiting the event, but the grace period has now been extended until February 28, 2025. This has left many in the community feeling frustrated, as concerns about further delays could impact Pi Coin’s chances of being listed on major exchanges.
KYC Verification: A Major Milestone Achieved
One of the key requirements for the Mainnet launch KYC verification has already been completed. The Pi Network recently achieved a major milestone by verifying 10 million users, a crucial step toward going live.
This accomplishment has brought the project closer to its goal, showcasing the team’s dedication to building a secure and trustworthy network.
The second condition, which involves external factors, has also been met, keeping the project on track.
Two Down, One to Go: The Final Hurdle
However, the third and final condition having at least 100 applications ready for the Mainnet launch is still a work in progress.
Currently, around 80 to 85 applications are available, and the team is working tirelessly to add more. This effort highlights their commitment to delivering a robust ecosystem for users.
Mainnet Launch Still on Track for Q1 2025
Despite the delay, the Pi Core Team has reassured the community that the Open Mainnet launch is still scheduled for Q1 2025. They have also urged users to complete their KYC verification and migrate to the Mainnet to avoid losing their Pi coins.
This extension is seen as a way to ensure that all users are prepared and that the network launches smoothly.
Which Exchange Will List Pi Coin First?
Meanwhile, speculation about Pi Coin’s listing on major exchanges continues to grow. While no official announcements have been made, rumors suggest that Binance and OKX have shown interest in listing Pi Coin.
Currently, Pi Coin is listed on exchanges like Bitmart, HTX Global, and CoinW, but trading has not yet begun.
For now, the Pi Network community remains patient, trusting that the delays will lead to a more successful and impactful launch.
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