Pi NetworkThe community vote, which was initiated to list the Pi Coin of Pi Coin on the Binance Exchange, aroused a great impact. In the vote that started on February 17, 85 percent of voters supported the list of Pi Coin’s listing on the stock market. While the vote was expected to end on February 27, he brought these strong support discussions in the barber. Binance’s use of the community voting system after a long break caused controversy. So, can Binance list Altcoin by throwing security to the second place?
Intensive participation in Binance’s Pi Network vote
BinanceThe community vote for Pi Network has attracted great attention so far. 85 percent of the participants Pi Coinvoted to list the stock market. This ratio excited Pi Network supporters.
The results of the vote show that Pi Coin is likely to be listed on the stock market if the current trend continues. However, the fact that Binance is reusing this method is criticized by some experts. Regardless of the result of the vote, developments in Pi Network are already Crypto Money MarketIt has created great mobility.
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Criticisms for Binance’s Pi Coin approach are increasing
Binance’s starting to reuse the community voting system led to different views in the sector. Founder of Wu Blockchain Colin WuBinance should focus more on security by criticizing that the crypto currency exchange is re -implementing this method.
Also the former CEO of Binance Changpeng Zhao In the past, he criticized the community voting system and expressed that this was a problematic method. Binance has a large market power with a volume of over $ 17 billion per day. For this reason, experts say such a stock market should act more selective and security -oriented. However, the great interest of the community vote may increase the interest of the stock market for this strategy.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
