Pi Network Officially Listed on OKX: A Major Step for Users?

Pi Network, a platform that enables users to mine cryptocurrency via mobile devices, has announced that its native token, PI, will soon be available on the OKX crypto exchange. The PI deposit process is scheduled to begin on February 12, 2025, at 02:45 UTC, while spot trading for the PI/USDT pair will officially open on February 20, 2025, at 08:00 UTC.

Support for PI Listing: Accessibility and Growth Potential

Many Pi Network supporters see this move as an opportunity to drive broader adoption. With over 100 million downloads on the Google Play Store, the platform has demonstrated its popularity among mobile users. Therefore, listing on a major crypto exchange like OKX is considered a positive step for its ecosystem.

Regulatory and Security Concerns

On the other hand, the decision to list PI has also raised several concerns. Bybit CEO Ben Zhou refused to list the token, citing that PI is still considered high-risk and not viable for trading at this time. Additionally, some users have reported difficulties in the KYC verification process, which could affect transparency and trust in the Pi Network ecosystem.

The listing of PI on OKX marks a significant milestone for Pi Network but also presents challenges related to regulation and security. Investors are advised to conduct thorough research and carefully assess the risks before deciding to invest in PI trading.