The Pi Network KYC deadline is fast approaching, leaving users and investors uncertain about what comes next.
Pi Network has always promoted itself as a community-driven digital currency designed for mass adoption.
However, repeated delays and unclear timelines have sparked concerns about its future.
With the March 14 deadline looming, the project could either gain credibility or trigger a wave of sell-offs.
Pi Network Migration Deadline: What You Should Know
Binance has confirmed that all Pi Network users must complete KYC verification and migrate to the mainnet before March 14, 2025. The platform has made it clear that no extensions will be granted beyond this date.
As the deadline approaches, Pi Network’s price saw a 13% increase, reaching $1.67 per token on March 13, according to CoinMarketCap. However, over the past week, Pi has struggled, recording a 15% decline in value.
What is Pi Network Migration and How Does It Work?
Migration refers to moving Pi cryptocurrency from the test network (Testnet) to the official blockchain (Mainnet).
This transition is crucial because it allows users to utilize their Pi tokens outside the Pi app.
According to Thangapandi Durai, CEO of Koinpark, once migrated, Pi holders will be able to trade and transact freely on the open mainnet.
This could pave the way for integration with other blockchains, crypto exchanges, and third-party applications.
Will Binance Finally List Pi Network?
Binance has recently revamped its token listing process, fueling speculation that Pi Network may be added soon.
The crypto community is eagerly awaiting Binance’s decision, especially since March 14 marks Pi Network’s sixth anniversary.
While several centralized exchanges (CEXs) have already listed Pi, Binance has remained silent on the matter. A February poll showed that 86% of Binance users support listing Pi, but no official announcement has been made.
What’s Next for Pi Network?
As of now, Binance has not confirmed whether Pi Network will be listed. However, in the crypto space, speculation often drives market movements.
If Binance officially announces a listing on March 14, it could be a game-changer for Pi Network. If not, the wait for an official exchange listing will continue.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Readers are encouraged to consult financial experts before making investment decisions.
