Pi, the native token of Pi Network's Open Network, is being listed on more cryptocurrency exchanges in preparation for its official launch.
This week, Pi Network announced its transition to the Open Network phase of Mainnet, which will begin on February 20, 2025.
Cryptocurrency Exchanges Confirm Pi Network (Pi) Listings
Following Pi Network's announcement, OKX confirmed its plans to list Pi. Shortly after, Bitget introduced the PI/USDT trading pair.
As of now, Bitget has not disclosed details regarding deposit transactions. Additionally, MEXC announced it will list Pi token today. These listings demonstrate exchanges' commitment to supporting the token’s integration.
Meanwhile, HTX (formerly Huobi) adopted a different approach. With just six days remaining until Pi Network’s Mainnet launch, HTX announced the end of Pi IOU (I Owe You) trading.
On February 13, the exchange delisted Pi and suspended related trading services. Based on Pi’s suspension price, affected users will receive Tether (USDT) at a 1:61.28 conversion rate.
Essentially, the suspension price is Pi’s last known price before trading was halted. After the Mainnet launch, HTX plans to list the actual Pi token and resume spot trading services.
These listings came amid skepticism from Bybit CEO Ben Zhou, who expressed strong doubts about Pi Network. Analysts highlighted that listing Pi on exchanges carries risks.
Pi Network has faced criticism due to its user base, which consists mostly of less-experienced investors. Experts warn these users may react unpredictably to market volatility, increasing potential for price fluctuations and panic selling. Additionally, its pyramid-like structure and multi-level marketing strategy have raised legal concerns.
Despite this, the market appeared optimistic about Pi token. Following the launch announcement, Pi’s IOU price surged to $71.20.
However, momentum has slowed slightly. At the time of writing, Pi is trading at $61.20**. According to [BeInCrypto’s analysis](https://tr.beincrypto.com/pi-coin-fiyati-ag-lansmani-oncesi-yukseliyor/), Pi token’s expected price range at launch is **$40.80–$68.70.
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FAQs
1. What is Pi Network’s Open Network phase?
Pi Network’s Open Network phase marks its transition to a decentralized blockchain, enabling broader adoption and integration with exchanges.
2. Which exchanges have listed Pi token?
OKX, Bitget, and MEXC have confirmed Pi listings, while HTX suspended IOU trading ahead of the Mainnet launch.
3. Why is Pi Network controversial?
Critics highlight its inexperienced user base, potential for price manipulation, and legal concerns tied to its marketing structure.
4. What is Pi’s expected price at launch?
Analysts project Pi will trade between $40.80–$68.70 during its initial launch phase.
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