Pi Miners Frustrated Over Unclear Trading Access

Pi Network has come under fresh scrutiny after OKX, a major crypto exchange, confirmed that certain regions may be restricted from trading PI coin.

The exchange revealed that Pi Network itself requested an “isolated listing mode,” which could prevent some users from buying, selling, or depositing the cryptocurrency.

While OKX has not provided a complete list of affected regions, it suspects that China will be one of them. This announcement has frustrated many Pi Network miners who have been waiting for years to access their coins. The lack of clear communication has sparked concerns, with critics questioning the project’s transparency.

Some users believe these restrictions go against Pi Network’s initial promise of inclusivity. Online discussions have labeled the move a potential warning sign, with a crypto user known as “FOMO HUNTER” stating, “Isolated listing mode is a red flag for liquidity and access. Always question the impact on trading volume and market dynamics. Strategy over speculation.”

Skepticism surrounding Pi Network is not new. Critics argue that the project has continuously delayed its full launch while providing limited information. Earlier this week, concerns were raised about its Know-Your-Customer (KYC) process, and doubts grew when ByBit’s CEO dismissed calls to list PI coin, saying it was “the last thing he wants to deal with.”

Following OKX’s confirmation of possible restrictions, confidence in Pi Network continues to decline. The PI coin had surged to $93 after the project announced plans to launch the Open Network. However, its value has since dropped significantly, now trading at $61.28. As of now, Pi Network has not responded to claims that it initiated these restrictions.

Send Us A Press Statement Advertise With Us Contact Us

 And For More Nigerian News Visit GWG.NG