Gate.io has officially announced the listing of the Pi Network Token (PI), with trading for the PI/USDT pair scheduled to commence on February 20, 2025, at 8:00 AM (UTC). This development marks a significant milestone for the Pi Network community, as the project has so far remained in an enclosed mainnet phase, restricting its availability on cryptocurrency exchanges.
PI Deposits Open Ahead of Trading
Users can now deposit their PI tokens ahead of the trading launch. Deposits can be made through the Gate.io website or mobile application. However, users are advised to check local regulations to confirm whether PI trading is accessible in their respective regions.
Pi Network’s Evolution and Market Impact
The Pi Network has gained popularity due to its mobile mining system, allowing individuals to participate in cryptocurrency mining without the need for costly hardware. Despite its large user base, the project has taken considerable time to transition to open trading. While the Gate.io listing is a major step forward, challenges such as liquidity, price stability, and broader exchange adoption remain.
Gate.io Expands PI Trading Availability
Gate.io is a prominent cryptocurrency exchange known for supporting thousands of digital assets. Once trading begins, users will be able to buy and sell PI/USDT through the platform’s spot trading section. Currently, OKX is the only other major centralized exchange to have listed Pi, making Gate.io the second major platform to support PI trading.
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