Pi Network IOU Exchange Listings – Can You Sell Pi Coin?
Can you really trade your Pi coins on exchanges? Are the listing on exchanges and the Pi coin price REAL?
Official statements from the Pi Core Team:
https://minepi.com/blog/unauthorized-exchange-listings
https://minepi.com/announcements/2022-12-29
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In this video, we’re going to take a closer look at the surprising appearance of Pi Network’s Pi coin on several exchanges like Huobi and XT.com at the end of December 2022. Watch this video BEFORE you get excited by the values of the Pi coin that you may see and perform any transactions on the exchanges.
If you don’t want to watch this entire “Pi Network IOU Exchange Listings – Can You Sell Pi coins?” video, you can use the timestamps below to jump to the chapter you are most interested in:
00:00 Intro
00:43 Disclaimer
01:21 Was the Pi coin really listed on the exchanges?
01:42 Was the Pi coin listing authorized by the Pi Core team?
02:14 Are the real Pi coins being traded on these exchanges?
03:07 Does it make sense to buy Pi IOUs on the exchanges?
04:32 What happens with Pi IOUs when Pi Network reaches the open mainnet?
05:27 Am I allowed to buy or sell Pi coins right now?
05:52 Is there anything positive about the Pi coin listings?
If you’re using Pi Network and like any other Pioneer are looking forward to the listing of Pi coin on exchanges, you may have been surprised and excited to learn that the Pi coin was suddenly listed on Huobi and XT.com at the end of December 2022.
That would be a huge milestone for the Pi Network project IF those listings were actually authorized by the Pi Core team. Unfortunately, this was NOT the case!
You may be wondering what it means for the Pi Network project, and for you as a Pioneer, does it make sense to perform any transactions with Pi coins on the exchanges… I’m going to cover all of that in this video.
And although the listing of Pi coin was not approved by the Pi Core team, and you can not trade real Pi coins on these exchanges, it’s not all bad. In my opinion, there are also some positive aspects of these events, and I’m sharing my thoughts on that in the video.
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