Why Pi Coin Is Still Not Listed on Coinbase and Binance Will Shock You

• Pi Coin’s closed code may block top exchange listings.
• No confirmed audit keeps Pi Network from Coinbase and Binance.
• A missing application could delay Pi Coin’s major listing approval.

Despite growing attention from the crypto community, Pi Coin has yet to secure a listing on top exchanges like Coinbase and Binance. While it is available on some smaller platforms, its absence from major exchanges continues to raise questions.

According to crypto analyst Kim H Wong (@Time_and_Trade), three key reasons may be behind the delay. These include transparency, security, and problems with application processes.

One of the main concerns is Pi Network’s blockchain’s closed-source nature. Though not a strict requirement, both exchanges are more inclined to accept projects that permit inspection of their codebase.

This absence of open access does not allow developers and specialists to study the structure of the blockchain. Consequently, the top-tier exchanges fail to trust the integrity of the network.

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No public evidence has been given as to whether Pi Network has undergone a third-party security audit. Companies such as CertiK usually perform security audits before a big listing.

In the absence of an audit, Pi Coin can be considered unverifiable and possibly hazardous. Coinbase and Binance prioritize security assurance.

After gone through the requirements and compliances required for Coinbase and Binance in listing a crypto token, I suspect the following are the 3 reasons why Pi Network is not listed in these 2 exhchanges yet:

1. Pi Network’s blockchain code is not fully open-sourced.
2. Pi… pic.twitter.com/h4c60nTfuA

— Kim H Wong (@Time_and_Trade) July 14, 2025

Unresolved Compliance Issues Could Be Blocking Pi Coin’s Access

Another critical point is the potential lack of a formal listing application. Both Coinbase and Binance require projects to submit detailed applications before they are considered.

In the absence of this step, no further due diligence and review is possible. This would end any listing process, with or without the demand of the user or the size of the community.

Meanwhile, Pi Network has focused its efforts on ecosystem growth. Efforts like the $100 million venture fund and Pi App Studio are expected to encourage application developers to create on the network.

Nevertheless, despite such efforts, exchange listings usually rely on stringent technical requirements.

The delay in Pi Coin’s listing on Coinbase and Binance likely stems from unresolved issues with code transparency, audit confirmation, and application procedures. Until these concerns are addressed, a listing remains unlikely.

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