Binance App Gets One-Star Ratings From 'Pi Thu' Users Due to Not Listing Pi Coin

Recently, many Pi miners went to the Binance app on Google Play Store to rate 1 star because this exchange does not list Pi coin.

As VietNamNet reported, on February 28, Binance ended its community survey campaign on listing Pi coins on the exchange, with nearly 300,000 people (accounting for about 0.12% of the total number of Binance accounts) participating in the vote and up to 86% (about 250,000 people) agreeing to list Pi Network coins on the exchange.

Pinetworkcd — Binance app still has 3.9 stars on Google Play Store. Photo: LM

However, according to Binance's announcement, the above voting results are for reference only, without any decision or commitment from this cryptocurrency exchange.

The listing of Pi is still under review by Binance and the decision will be made based on the standard process and formal review.

This move by the world's largest cryptocurrency exchange has made the Pi mining community in Vietnam "outraged". Specifically, in recent days (from March 2 to now), they have continuously gone to the Google Play Store to find the Binance application to rate 1 star with many condemning comments such as: "The exchange does not respect the Pi Network community, rate 1 star to teach them a lesson"; "The exchange lists many trash coins, calls for voting to list Pi, but when the results are obtained, they say they are referring to it"; "The exchange looks down on the Pi community, when it has called for votes, but when the results are obtained, they say they are referring to it, doing business fraudulently"...

In just a short time, the Binance app, which was nearly 5 stars on Google Play Store, dropped to 3.9 stars.

In response to the above community reviews, the cryptocurrency exchange also continuously responded right below the comments.

Accordingly, Binance said that before deciding to list any cryptocurrency, the exchange needs to consider many issues, including the liquidity and trading volume of that currency on the market.

The poll that the floor offers is completely free for users to participate. For any questions, users can chat with the support department in Vietnam.

In another development, in recent days, the price of Pi has increased slightly and is currently trading around 1.8 - 2 USD/Pi. At the same time, Pi Network has also reduced the mining output of "Pi masters", many people said that their mining speed has now decreased by 45-50%. To increase the speed, the Pi community has called for mutual monitoring in the system to mine more Pi.

Up to now, the controversy surrounding the Pi Network project has not ended, many people still question the transparency of the project, including the founding team, the decentralization of the blockchain, the project source code...

Previously, the Department of Cyber Security and High-Tech Crime Prevention of Hanoi City Police also issued a recommendation that people should be cautious and carefully research information before investing in Pi virtual currency; be vigilant when conducting transactions to buy, sell, and exchange Pi virtual currency to avoid risks of property damage and unfortunate incidents.

Do not post, transmit, or disseminate false or unverified information on cyberspace related to virtual currencies, cryptocurrencies in general, and Pi in particular, causing public confusion or violations of the law.

Pi coin price drops sharply, "Pi masters" continue to mine even though it has not been unlocked

Pi has dropped sharply in price over the past few days, trading around $1.70. It is worth noting that although many Pi miners have not yet unlocked their coins, they continue to believe in the cryptocurrency.

Be careful not to be scammed when buying and selling Pi cryptocurrency

Currently, there are many fake Pi coins appearing on cryptocurrency exchanges, especially those with poor reputation. These Pi coins are often not officially linked to Pi Network but use similar names and logos to deceive investors.