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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.
- May 05, 2025 06:21 UTC
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Why Pi Network Listing on CEX Is Taking Time?
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PI $ 0.5927 (0.20%) 
Pi Network avoids quick listings, focusing instead on rules, trust, and long-term global alignment.
It fully matches all five pillars of the UN-backed global digital currency initiative.
Unlike others, Pi requires centralized exchanges to complete KYB before listing its token.
Interestingly, Pi new wallet feature lets verified users join Pi’s blockchain without full Mainnet migration completed.
If you’ve been wondering why Pi Network still isn’t listed on major centralized exchanges (CEXs) like Binance or Coinbase yet?” You’re not the only one. The wait has confused many in the crypto world, but there’s a smart reason behind it.
While most projects rush to get listed fast, Pi Network is taking a slower, safer route, one that’s focused on rules, trust, and long-term success.
Let’s get into the details!
Pi Vision Backed by Global Standards
Pi Network isn’t just building an app, it’s aligning with a much bigger vision. The project reflects the core goals of the Digital Currency Global Initiative, a major effort led by the International Telecommunication Union (ITU)—a UN agency—and Stanford University’s Future of Digital Currency Initiative (FDCI).
This initiative focuses on five key pillars for the future of digital money, such as financial inclusion for all, Smooth interoperability, Strong identity verification (KYC/KYB), programmable currency, and DeFi support.
Very few crypto projects meet all these standards. But Pi Network does.
Not Just KYC—Pi Demands KYB Too
Now here’s where it gets interesting.
Pi Network is one of the only crypto projects that meets all five goals. It’s not just asking users to verify their identity (KYC), it also requires centralized exchanges to complete KYB (Know Your Business) before listing Pi.
That’s why OKX, the first exchange to comply, stands out. It successfully cleared Pi’s strict KYB checks, signaling that Pi isn’t chasing quick listings, but instead setting a higher bar for integrity.
Making Access Easier with Wallet Activation
Alongside its push for long-term trust, Pi Network has added a new feature that lets verified users activate their wallets, even if they haven’t finished the Mainnet migration.
Whether someone has completed full KYC or is temporarily verified, they can now also unlock wallet functions and explore Pi’s ecosystem. According to the Pi Core Team, this move opens the door for millions of pioneers to engage with the blockchain sooner.
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FAQs
Yes, Pi Network allows verified users to activate their wallets even if they haven’t completed the Mainnet migration.
As of now, OKX, Bitget, Gate.io, and Pionex have successfully completed Pi Network’s KYB verification process.
Pi Network remains unlisted on major exchanges due to its closed mainnet phase and stringent KYB requirements for exchanges.
Yes 
No 
