Binance will open whether Picoin voting activities will be launched! Community: Want to have a free time for new users

Pi Network main network is about to be online, and the exchanges are rushing to make arrangements! At 4 pm this Tuesday (February 20), Pi Network will officially open its main network. Exchanges such as OKX, MEXC, and Pai.com have announced that they will launch PI coins simultaneously.

Binance has launched PI coins to vote on the shelves, and the results are for reference only

However, not all exchanges are optimistic about Pi Network. Bybit CEO Ben Zhou has publicly stated that he will not list PI coins. The highly-watched Binance took a different approach and launched a voting campaign on Pi Network.

Binance users must meet the following conditions before they can participate in the voting:

• Have a verified Binance account;
• There are at least $5 equivalent assets in the account;
• One ticket per person is limited to one vote;
• Voting time: 22:45 on February 17, 2025 Beijing time to 7:59 on February 28;
• Voting is valid only below the official Binance Plaza article.

As of now, although the community has mixed praises and criticized Pi Network, the voting results show that the number of votes that favored it has reached 86%. But Binance clearly stated that the voting results are for reference only, and the final decision is still with Binance official. In addition, there are regional restrictions on the event, and users in mainland China may not be able to participate.

Netizens questioned that Binance's move was intended to attract new users

The Pi Network community responded enthusiastically to Binance's voting activities. Some netizens believe that Binance's move is not really soliciting user opinions, but to attract more users to register and deposit, thereby expanding the platform's user scale:

"Binance has set a minimum deposit threshold of $5, and Pi Network has a huge user base, many of which are from mainland China, and these users are potential customers of Binance. Through voting activities, Binance can easily attract a large number of new users to register and make its first deposit. Even if it does not end up on the PI coins, it has achieved the goal of expanding the user base."

"Even if the voting results support listing, Binance can refuse to listing on the grounds that 'the project does not meet the review standards', which is similar to the situation where OKX previously announced the listing of PI coins and restricted users from participating in China."

"Binance's move can be called "free" new users, and it can be said to kill two birds with one stone. It can not only expand the user scale, but also increase the trading volume of the platform, laying the foundation for future financing or listing."

In short, the reaction of the Pi Network main network online and major exchanges will undoubtedly have a significant impact on the cryptocurrency market. Binance's voting activities have triggered widespread discussion, and its true intentions are worth pondering.

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