Is Pi Listed on Any Exchange?

The core question—is Pi listed on any exchange?—is met with a nuanced answer. While Pi Coin (PI) has made its debut on several mid-tier centralized exchanges (CEXs), it remains absent from major platforms like Binance, Coinbase, and Kraken as of early 2026.

Mid-Tier Listings Gaining Ground

Following the mainnet launch in February 2025, Pi began to appear on various exchanges:

• OKX and Bitget both listed PI around February 12, 2025, with trading and withdrawal access starting shortly after. (hokanews.com)
• MEXC, Gate.io, CoinW, GCB Exchange, DigiFinex, LBank, and Open Network also opened trading during that window, expanding PI’s accessibility. (cryptotimes.io)
• CoinEx followed with its listing in March 2025, marking at least a dozen exchange venues overall. (beincrypto.com)

These listings indicate a growing ecosystem where Pi holders are gaining broader trading opportunities beyond peer-to-peer transactions.

No-Go for Top-Tier Exchanges—For Now

Despite community momentum—with a reported 86% of over 2 million users voting in favor—major exchanges have held back:

• Binance has not listed Pi. The hold-up is attributed to PoS technical compatibility, insufficient transparency around tokenomics, and regulatory ambiguity in some regions. (cointelegraph.com)
• Similarly, Coinbase, Kraken, Upbit, and others remain on the sidelines, potentially due to Pi’s centralized governance structure and lack of auditable economic data. (banklesstimes.com)

Legitimacy vs. Unofficial Listings

A notable complicating factor is the Pi Core Team’s own cautionary stance:

• The team has repeatedly warned against unauthorized listings, especially on DEXs, cautioning that many of these trading tokens may be IOUs, not official mainnet coins. (twitter.com)
• That said, official CEX listings such as those on OKX and Bitget seem accepted by the team—though a formal endorsement is still absent.

Why Pi Isn’t Listed on All Exchanges Yet

Understanding the holdup requires unpacking several persistent roadblocks:

1. Transparency & Compliance Gaps

Major exchanges typically require:

• Detailed token issuance models
• Public token lock-up schedules
• Regulatory audits

Pi’s team has been criticized for not publicly disclosing its financial structure or token economy in enough detail. (cointelegraph.com)

2. Centralization Concerns

Unlike decentralized projects, Pi remains tightly controlled by its core development team—a characteristic that raises red flags for exchanges wary of market manipulation or insider dumps. (banklesstimes.com)

3. Network Readiness & Liquidity

Before widespread adoption:

• Pi needs to complete KYC/KYB migration
• Show real application-level usage (e.g., emerging payment utility, merchant adoption)
• Build measurable liquidity and steady volume (cointracked.com)

At present, Pi’s trading volumes—while sometimes substantial—are inconsistent, limiting deeper listings. (cointracked.com)

Community Impact and Real-World Implications

Despite hurdles, gaining listings on platforms like OKX and Bitget has provided Pi with critical exposure and trading infrastructure:

• Trading Accessibility: More users can now buy, sell, or speculate on Pi via accessible fiat or crypto pairs.
• Market Signaling: Listings lend credibility—even if unofficial—offering visibility to potential investors.
• Ecosystem Activation: Being tradable incentivizes developers, merchants, and integrators to build tooling around Pi.

Still, there’s a palpable sense of impatience among Pi “pioneers,” who anticipate that a Binance or Coinbase listing could unlock mass-market adoption.

Expert Insight

“Without listing on top-tier exchanges, Pi may survive on its own ecosystem—but to truly thrive, it needs the liquidity and trust those platforms bring.”

This perspective echoes sentiment from crypto analysts who see Pi’s mid-tier listings as promising, but incomplete, steps toward wider maturity.

Looking Ahead

Several emerging trends may shape Pi’s listing trajectory:

• KYB-Approved Partnerships: Platforms like TransFi and Banxa are enabling fiat-to-Pi conversions in multiple countries—strengthening infrastructure. (hokanews.com)
• Regulatory Alignment: Ensuring full KYC compliance and building transparency will be critical to attracting major exchanges.
• Institutional Interest: As Pi develops utility, especially in mobile economies, it may draw attention beyond just retail holders.

Conclusion

In sum:

• Pi Coin is actively tradable on multiple mid-tier exchanges (OKX, Bitget, MEXC, CoinEx, and others), following its 2025 mainnet launch.
• However, it remains unlisted by top-tier exchanges like Binance and Coinbase, due to transparency, centralization, and regulatory hurdles.
• Listings to date are growing Pi’s visibility, but full ecosystem maturity will require more rigorous compliance, liquidity, and trusted economic design.

Next Steps for Pi Network:

• Continue building out real-world use cases and merchant adoption
• Expand compliance and transparency practices to meet major exchange standards
• Target strategic partnerships that bridge fiat and crypto for broader market access

FAQ

Is Pi currently listed on any exchange?

Yes—Pi Coin is available for trading on several mid-level centralized exchanges such as OKX, Bitget, MEXC, Gate.io, CoinEx, and others since early 2025.

Why hasn’t Binance or Coinbase listed Pi yet?

Major exchanges remain cautious due to Pi’s lack of transparency, centralized control, unclear tokenomics, and underdeveloped compliance frameworks.

Are the listings legitimate?

Most listings on recognized CEXs appear legitimate, though the Pi Core Team urges caution and only recognizes listings verified via their KYB processes.

What needs to happen for broader listings?

Pi must enhance transparency, complete user/business verification, demonstrate liquidity and token utility, and align with regulatory expectations to attract top-tier exchange interest.