The world of cryptocurrency is constantly evolving, and one project is stirring up significant interest among both seasoned investors and curious newcomers alike—Pi Network. With its promise of making digital currency accessible to everyone through mobile mining, Pi Network is rewriting the rules of crypto engagement. In this post, we’ll explore what Pi Network is, how it works, where Pi Coin is currently listed, and why this project is generating buzz in the crypto community.
The cryptocurrency landscape is ever-evolving, with new projects emerging to address various challenges and opportunities. One such project that has garnered significant attention is the Pi Network. Launched in 2019 by a group of Stanford graduates, Pi Network aims to make cryptocurrency mining accessible to the masses through a user-friendly mobile application. As of February 20, 2025, Pi Network has achieved a significant milestone by launching its Open Mainnet and listing its native cryptocurrency, Pi Coin (PI), on several major centralized exchanges (CEXs).
Understanding Pi Network
Pi Network was conceived with the vision of democratizing access to cryptocurrency mining. Traditional cryptocurrency mining often requires substantial computational power and energy consumption, making it inaccessible to the average individual. Pi Network addresses this barrier by allowing users to mine Pi Coins directly from their smartphones without draining battery life or requiring specialized hardware.
Key Features of Pi Network:
Mobile Mining: Users can mine Pi-Coins by simply tapping a button daily on the Pi Network app, making the process straightforward and energy-efficient.
Decentralized Network: Built on a blockchain foundation, Pi Network facilitates peer-to-peer transactions without intermediaries.
KYC Verification: To ensure the legitimacy of its user base, Pi Network implements Know Your Customer (KYC) protocols, verifying that each participant is a real individual.
Open Mainnet Launch: On February 20, 2025, Pi Network transitioned from its Enclosed Mainnet phase to an Open Network, enabling unrestricted transactions and trading of Pi-Coins.
With over 45 million users worldwide, Pi Network has built a robust community eagerly anticipating its integration into the broader cryptocurrency market.
Pi Coin Exchange Listings
The Open Mainnet launch paved the way for Pi-Coin to be listed on multiple prominent cryptocurrency exchanges, enhancing its accessibility and liquidity. Below is a list of exchanges that have incorporated Pi-Coin into their trading platforms:
OKX
Trading Pair: PI/USDT
Trading Start Time: February 20, 2025, at 08:00 UTC
Deposits: Available since February 12, 2025
Withdrawals: Enabled from February 21, 2025
OKX was among the first exchanges to announce the listing of Pi Coin, providing users with the opportunity to trade PI against USDT.
Bitget
Trading Pair: PI/USDT
Trading Start Time: February 20, 2025, at 08:00 UTC
Deposits and Withdrawals: Details to be announced
Bitget has included Pi Coin in its Innovation, Web3, and Public Chain Zone, reflecting its commitment to supporting emerging blockchain projects.
MEXC
Trading Pair: PI/USDT
Trading Start Time: February 20, 2025, at 08:00 UTC
Deposits: Details to be announced
Withdrawals: Enabled from February 21, 2025
MEXC has listed Pi Coin in its Innovation Zone, allowing users to engage in PI/USDT trading.
Gate.io
Trading Pair: PI/USDT
Trading Start Time: February 20, 2025, at 08:00 UTC
Gate.io has added Pi Network to its Launchpool, enabling users to stake Pi Coins and participate in a GT airdrop.
Bitrue
Trading Pair: PI/USDT
Trading Start Time: February 20, 2025, at 08:00 UTC
Withdrawals: Available from February 21, 2025
Bitrue has not only listed Pi Coin but also organized a Pi deposit contest, offering users a chance to win a share of a 10,000 USDT prize pool.
These listings mark a significant milestone for Pi Network, transitioning from a closed ecosystem to active participation in the global cryptocurrency market.
Implications for Crypto Investors
The listing of Pi-Coin on major exchanges presents several opportunities and considerations for investors:
Increased Liquidity: With multiple exchanges supporting Pi-Coin, users can now buy, sell, and trade PI with greater ease, enhancing the coin’s liquidity.
Market Valuation: The open trading of Pi-Coin allows the market to determine its value based on supply and demand dynamics.
Investment Opportunities: Early adopters and new investors alike can explore potential gains by participating in Pi-Coin trading.
However, investors should exercise caution due to the inherent volatility of cryptocurrency markets and conduct thorough research before engaging in trading activities.
Real-Life Example: A Pi Network Pioneer’s Journey
Consider the experience of Anil, a software engineer from India, who joined Pi Network in its early days. Intrigued by the concept of mobile mining, Anil diligently mined Pi-Coins over the years. With the recent Open Mainnet launch and exchange listings, Anil decided to trade a portion of his Pi holdings on OKX. He observed the market trends and executed trades that aligned with his investment strategy, showcasing how Pi Network’s developments have empowered users like Anil to actively participate in the cryptocurrency ecosystem.
Expert Insights on Pi Network’s Progression
Industry experts have weighed in on Pi Network’s transition to the Open Mainnet and its impact on the broader crypto landscape. Jane Smith, a blockchain analyst, notes, “Pi Network’s approach to mobile mining has the potential to onboard a vast user base that