Binance, the world’s leading cryptocurrency exchange, is under fire from Pi Network supporters after a wave of one-star reviews hit its app on Google Play and the Apple App Store. This backlash stems from Binance’s decision not to list Pi coins, despite earlier polls indicating strong support for their inclusion.
In Pi Network Facebook groups with thousands of members, users were urged to give Binance poor ratings as a form of protest. Many Pi enthusiasts believed that Binance’s February poll, in which over 85% of respondents supported a Pi listing, would result in immediate action. However, Binance clarified that the poll was for reference only and that a formal listing required further due diligence.
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Pi Network fans took to social media platforms like Facebook and X to voice their frustration. The app’s Google Play rating fell from 4.9 to 3.8, while the App Store rating dropped from 4.8 to 4.2, with many users accusing Binance of misleading them. Some critics, however, have argued against the protest, seeing it as an overreaction.
Despite the growing backlash, Binance emphasized that any listing must undergo a thorough evaluation of the project’s quality, use case, and compliance. Blockchain analysts have noted that Pi Network’s lack of key features, such as smart contracts and open-source code, may justify Binance’s hesitancy to list the token.
The ongoing tension between Pi Network supporters and exchanges like Binance has raised concerns about the project’s future, with some warning that alienating exchanges could harm Pi Network’s chances of broader adoption.
