Binance app receives a barrage of 1-star reviews from Pi users for not listing the Pi cryptocurrency.

Recently, many Pi miners have gone to the Binance app on the Google Play Store to give it a 1-star rating because the exchange does not list Pi.

As VietNamNet reported, on February 28th, Binance concluded its community survey campaign regarding the listing of Pi on the exchange. Nearly 300,000 people (approximately 0.12% of the total Binance accounts) participated in the poll, and 86% (about 250,000 people) agreed to list Pi Network's cryptocurrency on the exchange.

Pinetworkcd — The Binance app has a 3.9-star rating on the Google Play Store. Photo: LM

However, according to Binance's announcement, the voting results are for reference only and do not constitute any decision or commitment of partnership from the cryptocurrency exchange.

Binance is still considering listing Pi, and a decision will be made based on standard procedures and official evaluation.

This move by the world's largest cryptocurrency exchange has angered the Pi mining community in Vietnam. Specifically, in recent days (from March 2nd to the present), they have continuously gone to the Google Play Store to find the Binance app and give it a 1-star rating, with many condemnatory comments such as: "The exchange doesn't respect the Pi Network community, giving it a 1-star rating to teach it a lesson"; "The exchange lists many junk coins, but when they ask for votes to list Pi, they say it's just for reference"; "The exchange disrespects the Pi community, having already called for votes, but then saying it's just for reference, dishonest business practices"...

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

In response to the community's feedback, the cryptocurrency exchange has been continuously providing responses in the comments section.

Accordingly, Binance stated that before deciding to list any cryptocurrency, the exchange needs to consider many factors, including the liquidity and trading volume of that cryptocurrency in the market.

The poll offered by the platform is completely free for users to participate in. For any questions, users can chat with the support team in Vietnam.

In other news, the price of Pi has seen a slight increase in recent days and is currently trading around $1.8-$2 per Pi. Simultaneously, the Pi Network has reduced mining output for Pi miners, with many reporting a 45-50% decrease in their current mining speed. To increase mining speed, the Pi community has encouraged members to monitor each other within the system to mine more Pi.

To this day, controversies surrounding the Pi Network project have not ended, with many still questioning the project's transparency, including its founding team, the decentralized nature of the blockchain, and its source code.

Previously, the Cyber Security and High-Tech Crime Prevention Department of the Hanoi City Police also issued a warning, advising people to be cautious and thoroughly research information before investing in the Pi cryptocurrency; to be vigilant when conducting transactions involving the buying, selling, and exchanging of Pi cryptocurrency to avoid risks of financial loss and unfortunate incidents.

It is prohibited to disseminate, transmit, or post false or unverified information on the internet related to cryptocurrencies in general and Pi in particular, which could cause public panic or lead to violations of the law.

Despite a sharp drop in the price of Pi, Pi miners continue mining even though their accounts haven't been unlocked yet.

Pi has experienced a sharp price drop in the past few days, trading around $1.70. Notably, even though many Pi miners have yet to unlock their coins, they continue to have faith in this cryptocurrency.

Beware of scams involving the buying and selling of Pi cryptocurrency.

Currently, many counterfeit Pi coins are appearing on cryptocurrency exchanges, especially those with low credibility. These counterfeit coins often have no official affiliation with the Pi Network but use similar names and logos to deceive investors.