Pi Network's Path to Tier-1 Exchanges: Why Are Binance and Coinbase on the Sidelines?
— Crypto.News
Pi Network's potential listing on Tier-1 exchanges remains unfulfilled due to uncertainties in market conditions.
Pi Network's listing by Kraken in March and OKX's US access in May raises questions about Binance and Coinbase's delay, linked to structural reasons.
- Kraken listed Pi Network in March, taking the first step; OKX opened US access in May.
- Binance and Coinbase's hesitation to list Pi Network stems from uncertainties in market structure.
- The listing of Pi Network on Tier-1 exchanges depends on changes in exchange strategies.
The hesitation of Binance and Coinbase to list Pi Network creates uncertainty regarding market demand and liquidity, which can indirectly affect the altcoin's pricing.