Major Exchanges to List Pi Network (PI) as Token Launch Nears – Is Binance Next?

Several major cryptocurrency exchanges have announced plans to list the Pi Network (PI) token, signaling growing momentum for the long-anticipated project ahead of its February 20 launch.

With OKX, Bitget, Gate.io, and MEXC all confirming their support, speculation is mounting about whether industry leader Binance will follow suit.

OKX Leads the Way with Official PI Listing

OKX is set to officially list the Pi Network (PI) token for spot trading. The exchange has outlined a comprehensive schedule for the token’s introduction:

The listing will begin with deposits opening on February 12, 2025, at 2:45 AM UTC. This will be followed by a call auction on February 20 from 7:00 AM to 8:00 AM UTC, with actual spot trading commencing at 8:00 AM UTC on the same day. Withdrawals will become available the following day, February 21, at 8:00 AM UTC.

Trading will be available through the PI/USDT pair. To manage potential volatility during the initial trading period, OKX has implemented several restrictions. These include prohibiting market orders during the first few minutes of trading, limiting each order to a maximum of $10,000, and capping each trader’s net position at $10,000.

Gate.io Offers PI Staking Opportunities

Gate.io is taking a different approach with its Launchpool program for PI. Users will be able to stake PI tokens to earn Bitcoin (BTC), with estimated annual percentage rates reaching as high as 705.5%.

The platform has committed to distributing rewards on an hourly basis, providing frequent returns for participants.

BitMart Announces Trading Campaigns

BitMart has announced support for PI Network with deposit features to be determined. To celebrate the listing, the exchange is hosting trading campaigns with a total prize pool of 10,000 USDT worth of tokens.

The promotion will run from February 18, 2025, to February 25, 2025. Users who trade at least 300 USDT worth of PI/USDT will earn a chance to receive rewards of 10 USDT each. As the exchange notes, rewards are limited and will be distributed on a first-come, first-served basis, with protections against wash trading and multiple account usage.

MEXC Expands PI Trading Options with Futures

MEXC is taking its support for Pi Network a step further by announcing plans to list PI Futures on its derivatives platform. According to the announcement from MEXC Derivatives, traders will have access to adjustable leverage of up to 50x when trading PI futures contracts.

Read Also: Why is Maker (MKR) Price Pumping?

This futures offering represents a significant development for Pi Network, as it provides traders with additional tools for speculation and hedging. The availability of leveraged trading options suggests growing institutional confidence in PI’s market stability and liquidity.

Is a Binance Listing Near?

There are strong indications that Binance, the world’s largest centralized cryptocurrency exchange by trading volume, is already considering listing the token. The exchange recently published a poll on Binance Square asking the community: “Should $PI be launched on #Binance?”

This move suggests serious consideration of PI by the exchange’s listing team. A Binance listing would represent a watershed moment for Pi Network. It could expose the project to millions of traders worldwide and significantly increase its liquidity and market visibility.

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Given Binance’s strict listing criteria and thorough vetting process, such consideration could also be interpreted as a vote of confidence in Pi Network’s fundamentals and long-term viability.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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