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Pi Network Listing Splits Crypto Exchanges: Bybit Says No


by Coin Edition
for CoinEdition
Bybit Says "No" to Pi Network, OKX Listing Sparks Debate
  • Bybit CEO rejects Pi Network listing, citing concerns over financial disputes and project legitimacy.
  • OKX moves forward with listing PI tokens, triggering debate within the crypto industry.
  • Pi Network’s mainnet launch set for February 20, but KYC delays fuel frustration among users.

Bybit CEO Ben Zhou has flat-out said “no” to listing the Pi Network (PI) token, making it clear the exchange wants absolutely nothing to do with the project, thereby casting doubt on its legitimacy. 

His decision follows OKX’s listing of the token, a move that has ignited debate within the crypto community. While some see Pi Network as a new decentralized idea, plenty others are still questioning its whole deal, especially its referral-based mining and the fact that it’s taken forever to launch its main network.

Pi Network Listing Raises Concerns, Bybit Stands Firm on “No”

The Pi Network token’s spot listing on OKX has fueled speculation about its future. However, Bybit’s CEO dismissed the possibility of adding PI to the exchange, drawing from past experiences with financial disputes. 

In a post on X, Zhou recalled incidents in the forex industry where investors demanded …

The post Pi Network Listing Splits Crypto Exchanges: Bybit Says No appeared first on Coin Edition.

Read the article at CoinEdition

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Pi Network Listing Splits Crypto Exchanges: Bybit Says No


by Coin Edition
for CoinEdition
Bybit Says "No" to Pi Network, OKX Listing Sparks Debate
  • Bybit CEO rejects Pi Network listing, citing concerns over financial disputes and project legitimacy.
  • OKX moves forward with listing PI tokens, triggering debate within the crypto industry.
  • Pi Network’s mainnet launch set for February 20, but KYC delays fuel frustration among users.

Bybit CEO Ben Zhou has flat-out said “no” to listing the Pi Network (PI) token, making it clear the exchange wants absolutely nothing to do with the project, thereby casting doubt on its legitimacy. 

His decision follows OKX’s listing of the token, a move that has ignited debate within the crypto community. While some see Pi Network as a new decentralized idea, plenty others are still questioning its whole deal, especially its referral-based mining and the fact that it’s taken forever to launch its main network.

Pi Network Listing Raises Concerns, Bybit Stands Firm on “No”

The Pi Network token’s spot listing on OKX has fueled speculation about its future. However, Bybit’s CEO dismissed the possibility of adding PI to the exchange, drawing from past experiences with financial disputes. 

In a post on X, Zhou recalled incidents in the forex industry where investors demanded …

The post Pi Network Listing Splits Crypto Exchanges: Bybit Says No appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitfinex whale returns: Adam Back sights massive Bitcoin accumulation

Bitfinex whale returns: Adam Back sights massive Bitcoin accumulation

Bitcoin’s on-chain activity lit up again as Blockstream CEO Adam Back alerted the Bit...
Curve Considers Pivot Away From Ethereum Layer 2 Networks After Poor Yield

Curve Considers Pivot Away From Ethereum Layer 2 Networks After Poor Yield

A governance proposal within Curve Finance is causing a stir in the DeFi community, a...