Pi coin officially launched on the open mainnet in February 2025, allowing users to spend the coin primarily within Peer-to-Peer communities and KYC-verified apps. Despite being tradable on several centralized exchanges, such as OKX and Bitget, major platforms like Binance remain absent from listings, even with significant user advocacy. Merchant adoption is emerging, focusing on localized markets and ecosystems. Founded in 2019 to democratize crypto accessibility, the Pi Network boasts millions of users and has built a strong community, yet its practical usability in real life is still debatable in 2025.
"Launched in March 2019 by a trio of Stanford Ph.D.s, the Pi Network set out to solve one of crypto's core problems: accessibility, allowing users to mine from their smartphones."
"Pi is now tradable on several CEXs, although Binance still hasn't listed it despite 2 million+ user voters lobbying for the listing, indicating its community-driven nature."
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