Pi Network officially launched its Open Network (mainnet) on February 20, 2025, at 8:00 AM UTC . This marks a significant transition from the enclosed mainnet phase, enabling external connectivity and allowing Pi coins to be potentially listed and traded on various cryptocurrency exchanges.
Prior to this open mainnet launch, Pi Coin existed within a closed ecosystem, where users could mine it via a mobile app, but couldn’t transfer or trade it externally. The launch of the open mainnet opens up possibilities for:
- External Transactions: Users can now transfer Pi coins to external wallets and engage in transactions beyond the Pi ecosystem.
- Potential Exchange Listings: The open mainnet is expected to allow Pi to be listed on major cryptocurrency exchanges, facilitating trading and potentially establishing a market value for the coin.
- Enhanced Utility through dApps: The open network enables developers to deploy decentralized applications (dApps) on the Pi blockchain, expanding the ecosystem and creating diverse use cases for Pi coins.
However, despite the open mainnet launch, it’s important to note the following:
- No Official Binance Listing (as of April 2025): While there has been significant community interest in a Binance listing for Pi and even a community poll favoring it in February 2025, Pi Network’s native token was not listed on Binance as of April 2025. Binance’s eligibility criteria for listing and concerns regarding Pi Network’s transparency, regulatory status (in some regions), and tokenomics were cited as potential reasons.
- Availability on Other Exchanges: After the open mainnet launch, Pi coins became available on several exchanges, including OKX, Bitget, and MEXC.
- KYC Verification Requirement: To participate in the open mainnet and utilize features like external transactions and exchange listings, users are required to complete Know Your Customer (KYC) verification.
In essence, while Pi Network has reached a significant milestone with its open mainnet launch, it remains to be seen how the project will evolve, how widely Pi coin will be adopted, and how its market value will ultimately be determined.
Is pi coin going to be released?
While Pi Network is still not listed on CoinDCX as of now, we are committed to providing you with timely updates on its availability. Stay tuned to our platform for announcements and get ready to trade Pi Coin in India with ease and security on CoinDCX when it becomes available.
Does pi have a release date?
Yes, Pi mining continues after the pi network launch date february 20 2025, but with adjustments. The mining rate follows a declining exponential model, and users must complete KYC verification to migrate their tokens to the mainnet for trading.
What time is pi launching?
While speculative dates have circulated on forums, the Pi Core Team’s statements indicate the transition to Open Mainnet and major exchange listings are expected in late 2024 or early 2025, barring unforeseen delays from external factors.
How much is 1 pi to 1 dollar?
Right now, the price of 1 Pi [IOU] (PI) in United States Dollar (USD) is $0.4066.