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Just In: Binance integrate Pi (π) Network Coin on it’s crypto exchange platform

The world’s biggest cryptocurrency exchange company Binance has surprisingly integrated the fast growing Pi (π) Network Coin among it’s numerous list of cryptographic currencies this month.

Binance may commence the conversion of the Pi Network Coin to fiat currencies any time soon if the Pi Network platform permits PiBridge to link the two Apps.

Pi Network Users globally are now in disarray over the controversy for a concensus value of $314,519 per single Pi (π). However, the listing on Binance would depend on what pioneers have traded with overtime, and that’s what Binance is surely waiting for.

Binance team claimed they have no specific rules or guidelines for listing new crypto but considers the users. CZ’s words;

“There are no set requirements. We want good coins listed on Binance, such as coins with a proven team, a useful product, and a large user base.”

Though, newsway gathered that the listing is not yet for trading or staking but as an indication that it would be listed as soon as the Mainnet goes live. We are also not able to verify if the two companies have agreed to collaborate on the best possible ways to allow trading via the Binance crypto exchange platform.

In case you are not aware

Binance is an internet based trading platform where users can exchange digital forms of money especially cryptocurrencies. It upholds most usually exchanged cryptographic forms of money. Binance gives a crypto wallet to brokers to store their electronic assets. The digital trading platform additionally has supporting administrations for users to make interest or trade with digital currencies especially cryptos.

Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who had previously created high frequency trading softwares.

Binance was at first situated in China, yet later moved its headquarters out of China following the Chinese government’s rising guideline of digital currency.

In 2021, Binance was scrutinized by both the United States Department of Justice and Internal Revenue Service on charges of tax evasion and duty offenses. The UK’s Financial Conduct Authority requested Binance to shut down undeniably unregulated financial activities in the United Kingdom in June 2021.

Written by T.I Ukende

T.I Ukende is a professional writer and ICT consultant. He has written many evergreen articles for Benuecast blog, classicgist, ellabase and many others before birthing the newsway blog.
Newsway delivers well researched and undiluted information on business, employment opportunities, personal finance and government empowerments.

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6 Comments

  1. One person who refuted to this article has already deleted his post. I wonder why. Did he realise he was wrong?
    I don’t know whether to believe it or not to but I wish it really happens now or later soon.

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