JUST IN: Pi Network and the Exchange: Are There Really Collaboration Agreements - hokanews
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hokanews.com - Pi Network is a crypto project that offers innovative solutions to major problems in the crypto world, namely scalability and accessibility. With more than 45 million pioneers worldwide, this project is one of the biggest mobile crypto projects today.
However, there are many questions raised by Pi coin pioneers, one of which is about the collaboration agreement between the Pi Network and leading crypto exchanges. Some exchanges have claimed that they have obtained permission from the Pi Network to list the pi coin or cooperate with it.
However, is this claim true or just a rumor? To answer this question, we need to take a closer look at whether the pi network and the crypto exchanges have indeed signed a collaboration agreement.
In recent months, many major crypto exchanges have shown interest in pi coin, including Binance, OKEx, and Huobi. However, to date, no formal agreement has been announced between the pi network and the exchanges.
Despite this, several crypto exchanges such as HitBTC and BitMart have started the process of listing pi coin onto their exchanges, indicating a desire to integrate Pi coin into their platforms. However, it is important to remember that the process for listing Pi tokens on crypto exchanges is not always the same as for officially announced collaboration deals.
Regarding the rise of the pi network with the collaboration agreement, it immediately went viral on various social media Twitter, according to hokanews.com monitoring from the PiRevolutionX Twitter account, in the post it was very clear that he conveyed the following:
Some exchanges have claimed that Pi Network has granted permission to them to list the Pi token and/or is collaborating with them. Is this true?
Here is the answer:
Pi Group 👉 https://t.me/PiRevolutionX
hokanews.com does not publish articles without sources, for more details see the image below:
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| Twitter image source |
The Twitter account @PiRevolutionX also attaches an image which contains the following contents:
Any claim of Pi Network's permission or involvement in any listing is patently FALSE and UNTRUE.
The only reliable source for information concerning Pi Network, Pi Token, or anything related to current or future activities is Pi's official website, app, or Pi Network's social media channels. If we engage in a major activity, you can be assured the Pi Core Team will be announcing it on our website, through our app, or via our channels.
for more details see the picture below :
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| Twitter image source |
It should also be remembered that pi networks have strict requirements when it comes to cooperation with crypto exchanges, to ensure that pi coins remain protected against unauthorized use. Therefore, not all crypto exchanges that claim to have permission from the pi network to list pi coins can be trusted. Likewise, CoreTeam previously also stated that pi coin has not been listed on any exchange, so if there is a pi coin on the crypto exchange it is not an official pi coin.
However, the desire of crypto exchanges to cooperate with pi network clearly shows that pi coin has great potential to become one of the leading cryptos in the future. Meanwhile, the Pi network continues to update its community on the progress of their project, including the latest information about the launch of the mainnet, which is scheduled to occur in the fourth quarter of this year.
Collaboration with leading crypto exchanges can help increase the availability and accessibility of pi coin, thereby enabling more people to trade it. Second, collaboration deals with crypto exchanges can help stabilize the value of Pi. As with other cryptos, the value of Pi can fluctuate significantly due to market factors and investor sentiment.
In addition, with the integration of Pi coin into crypto exchanges, users can more easily access and trade pi coins, which can help increase the adoption and use of Pi as a means of payment and investment. With this ease of access, the potential for using Pi coin as a means of payment in various economic sectors, such as e-commerce and microtransactions, can also be increased.
However, keep in mind that collaboration deals with crypto exchanges are not the only factor that determines Pi's future success. There are many other factors that also need to be considered, such as user adoption, network security, and product innovation.
it is also important to ensure that collaboration deals with crypto exchanges are carried out properly and comply with existing regulations. In 2020, the United States Securities and Exchange Commission (SEC) has confirmed that pi coin and other crypto must comply with existing securities regulations. Therefore, pi networks must ensure that collaboration agreements entered into with crypto exchanges comply with all existing regulations.
In addition, having collaboration agreements with crypto exchanges can also help increase user confidence in Pi coin as a digital asset that is legitimate and has value. This can help increase the liquidity and value of Pi coin on the market, making it an attractive investment option for investors.
However, keep in mind that collaboration deals with crypto exchanges do not always go smoothly. There are several factors that can influence the success of the collaboration, such as differences in governance and business strategy between pi networks and crypto exchanges, differences in understanding of regulations, and even technical issues.
ensure that they choose exchanges that are reputable, have good governance Therefore, before entering into collaboration agreements with crypto exchanges, pi networks need to, and comply with all existing regulations. Apart from that, pi networks must also ensure that they have a skilled and trained team to carry out the integration process with the crypto exchange properly.
Overall, the potential for collaboration deals between the pi network and crypto exchanges indicates great potential for Pi coin's future as a legitimate digital asset that has value. However, the pi network must ensure that they enter into deals properly and comply with all existing regulations, as well as choose exchanges that have a good reputation and good governance, so that the collaboration can run successfully and bring benefits to the Pi network ecosystem as a whole.
What is Pi Network?
Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining device battery. The Pi blockchain secures economic transactions through a mobile meritocracy system and a complete Web3 experience where community developers can build decentralized applications (dApps) for millions of users.
That's a little information that we can share with all the pi network communities. Hopefully this is useful, keep the spirit, don't give up.If the information from hokanews is useful, don't forget to share it with other pioneers.
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Thanks to all the pioneers, warm greetings from the hokanews team. Information from the pi network community for all pioneers
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