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Coinbase, Binance and other exchanges have not yet listed PI.
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Experts believe that Coinbase and Binance are not listing PI because of a lack transparency.
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Pi has been struggling under bearish pressure and has lost over 73% in just 10 weeks.
Coinbase and Binance are two of the most prestigious cryptocurrency exchanges in the world, but they have not listed the native token for the Pi Network despite its surge in popularity in 2025.
Crypto analysts believe that the lack of acceptance on major exchanges could be due to underlying issues with the blockchain network, such as its transparency and security.
Two main reasons why PI is not listed on Coinbase or Binance
In an X post one such analyst stated that the lack of independent validation was the main reason why the top crypto platforms refused to list PI. According to the analyst the Pi Network blockchain was not fully open-source and that’s why listing on Coinbase or Binance would be difficult.
The analyst also stated that Pi Network had not yet undergone any third-party audit. Users are therefore skeptical about the reported status of Pi Network, knowing that these details may come from individuals or groups who have an interest in the project.
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Despite the possibility arising from the reasons noted above, however, the analyst noted Pi Network may have not approached Coinbase or Binance with a listing request for its native PI token.
Why Listing on Binance and Coinbase Could Boost PI’s Adoption
Listing on Coinbase or Binance can boost users’ perception of digital assets. The platforms’ successes over the years, and their listing requirements, boost the credibility scores for digital assets listed on their platform.
Their global coverage is an advantage for projects listed on them. They expose such solutions to a wider audience, making them more accessible and allowing them to be adopted. Many crypto users attribute PI’s struggles to its non-listing on two of the largest crypto exchanges.
PI was trading at $0.4507 as of the time of this writing, after experiencing severe bearish pressure over the past 10 week. The cryptocurrency has crashed after a temporary rise in May. It has lost over 73% of its worth since then, amid a massive sale.
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