One of the largest crypto exchanges, OKX, recently restricted Pi Coin withdrawal. In a post on X (formerly Twitter), it was revealed that users are unable to access their tokens on the exchange. Neither the Pi Network team nor OKX has made any efforts to resolve this yet.
OKX Restricts Pi Coin Access
These types of restrictions are mostly a result of issues like a surge in traffic, trouble in KYC verification, or the exchange’s own technical glitches. But since neither of the entities in question addressed the issue, users suspected that the exchange might be running out of Pi.
The restriction of Pi withdrawal on OKX has also sparked a debate about whether the withdrawal limits are due to genuine platform issues or are a deliberate move to slow down the selling pressure to stabilize Pi’s price.
OKX is restricting pi withdrawals.
I hope everyone will get the chance to bid for their fav domain.
Pi Network Domain auction end date is 30th September. #PiNetwork pic.twitter.com/uehjm9P2zt
This is not the first time that Pi users have faced such restrictions on OKX. Earlier this year, in February, some users experienced withdrawal suspension for over 24 hours. Although the listing went live on February 20, the withdrawal services were delayed, leaving the customer with the suspension of Pi delisting. Later, OKX released a statement that confirmed the listing of Pi on their exchange, which somehow eased the tension.
What’s Next for Pi Network?
Pi Network has packed its calendar for Q4 2025 with numerous events and updates. Tomorrow, on October 1, it will be joining the TOKEN2049 conference in Singapore, which can bring more visibility for the network. Besides that, Pi Network will also release its upgraded version 23 and Pi hackathon before the end of the year. These events aim to develop the platform and enhance the user’s experience.
These efforts put forth by the Pi team may boost the Pi adoption and drive its price higher, eliminating the pressure of hitting a new low. Pi is currently trading at $0.2685 and is down by more than 1%.
FAQs
Neither OKX nor the Pi Network team has officially stated a reason. Speculations include technical glitches, KYC verification issues, or deliberate action to ease selling pressure.
Yes, Pi users experienced a withdrawal suspension on OKX earlier this year, in February, which lasted for over 24 hours following the listing.
The concern about the exchange running out of Pi Coin is a user-sparked rumor, not a confirmed fact from either the Pi Network team or OKX.
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