Speculation is growing that Pi Network’s Pi Coin (PI) could potentially be listed on Binance, the largest cryptocurrency exchange. This comes following reports from several Pioneers who noticed Binance support options appearing in the Pi Wallet.
However, neither Binance nor the Pi Core Team has confirmed or commented on the development, leaving the rumor mill to run wild.
The listing of Pi Coin on Binance has been a longstanding concern for the Pi Network community, known as Pioneers. Since the launch of the open network, Pioneers have consistently advocated for Pi to be listed on the exchange. However, this has not yet materialized.
Recently, the integration of Binance-related support options within the Pi Wallet has renewed the community’s optimism. This has raised hopes that a partnership between Pi Network and Binance may soon be realized.
In a recent post on X (formerly Twitter), a prominent Pioneer, Mr Spock, highlighted that ‘Binance Connect Support’ and ‘Binance P2P Support ‘ options now appear under the Help & Support tab of the Pi Wallet.
“This isn’t just a UI feature. This is a signal. A sign that Pi Network’s Core Team is preparing to bridge Pi to real-world liquidity — and doing it through major global infrastructure,” the post read.
For context, Binance Connect is the exchange’s fiat-to-crypto service. It facilitates the easy purchase and conversion of fiat currencies into cryptocurrencies through various payment methods. The exchange shut the service down in 2023. Nevertheless, Binance later relaunched in 2024.
Meanwhile, Binance P2P enables direct peer-to-peer transactions with more than 800 payment methods and over 100 fiat currencies.
“If Pi Coin becomes tradeable on Binance P2P, pioneers worldwide could buy, sell, or exchange Pi for fiat instantly, securely, and without a middleman. This is exactly the kind of move you’d expect right before Open Mainnet goes fully public. And remember — Binance doesn’t just partner with anyone. If Binance rails are being linked into the Pi ecosystem, it’s because they see potential,” the Pioneer added.
However, Mr Spock added that the development doesn’t directly confirm that Pi Network will be available to trade on Binance immediately. Nonetheless, he noted that it strongly suggests that ‘something big is coming.’
“Don’t be surprised if we wake up one day and see Pi P2P trading live on Binance, opening the floodgates for mass adoption. Keep your wallets ready, your Pi secure, and your vision locked on the future,” the user stated.
Furthermore, PiScan data revealed that a mysterious wallet address has accumulated over 336 million Pi. This has fueled theories that it might belong to an exchange preparing for listing.
Despite the circulating reports on X, it is also worth noting that Binance is not a part of KYB-verified businesses on Pi Network. Moreover, besides the exchange, Pi Wallet also lists support for other payment processors like MoonPay and Stripe. These businesses are also not KYB-verified.
“Only KYB verified businesses will be able to have Pi Wallets on the Pi Mainnet to facilitate their operations,” Pi Network stressed.
The Pi Core Team has remained silent on the matter, leaving the community to grapple with unverified reports. Premature speculation has historically led to community disappointment. Until an official announcement from Pi Network or Binance materializes, the current developments remain rumors.
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