Binance Addresses Pi Network Voting Concerns

Cryptocurrency exchange Binance has responded to concerns regarding the community voting process for its Pi Network (PI) coin listing. Binance stated that votes from users in specific regions will be excluded, and the final results are for reference only.

Concerns had arisen that votes from mainland China could skew the outcome of the listing vote. Binance’s Customer Support official account on social media clarified that, in line with regulatory requirements, votes from users in certain countries or regions, particularly mainland China, will not be counted in the final results.

Binance stated, “At the end of the event, we will eliminate votes from users who do not meet the conditions or come from regions that are not valid, as well as votes that violate the terms and conditions. The results of this vote are for reference only, and the project will be evaluated and decided according to the official listing review process and standards.”

To promote participation in this community voting event titled “Should PI be listed on Binance?”, users must fulfill specific eligibility criteria. Participants need to have verified accounts and maintain a minimum balance of $5 equivalent during the voting period. Each eligible user is granted one vote.

*This is not investment advice.