PI Deposit: 2025-02-12 02:45 AM (UTC)
PI/USDT Spot Trading: 2025-02-20 08:00 AM (UTC)
Withdrawals will be enabled on February 21, 2025, at 8:00 AM UTC.
Pi Network Transitions to Open Network
Alongside the OKX listing, Pi Network will graduate from Enclosed Mainnet to the Open Network on February 20, 2025. In a significant step towards external integration and interoperability, Pi is introducing the 2nd phase of its open and decentralized network, where external networks and systems can also connect with Pi using compatible network standards. Having achieved over 10 million migrations to Mainnet, the network has now surpassed its milestone of 10.14 million migrations, with more than 19 million identity-verified Pioneers.
Important Details Regarding the OKX Listing
- Deposits Start: February 12, 2025, 2:45 AM UTC
- Start of Spot Trading: February 20, 2025, 08:00 AM UTC
- Withdrawals Open: February 21, 2025, 8:00 AM UTC
To avoid excessive volatility in the early stage of trading, OKX will take the following measures:
- Market orders will not be permitted for the first five minutes of trading.
- No single limit order can exceed $10,000.
- The maximum net position size per user is limited to $10,000.
These measures aim to maintain a fair and orderly trading environment for all participants.
About Pi Network
Pi Network is a social cryptocurrency and developer platform that allows everyday people to mine and earn Pi coins from their mobile phone — launched on March 14, 2019. By removing the previous reliance on energy-hungry hardware, the project hopes to open up cryptocurrency to a wider audience through easier mining. As of today, Pi Network has more than 60 million engaged users, with over 19 million completing identity verification via its native KYC solution.
Reactions & Concerns from the Community
As the PI listing is met with enthusiasm on OKX, some traders have expressed risk concerns. Doubts have been raised around its long-term sustainability and structure, with discussions emerging about the project’s referral mechanism and its rapid expansion model.
FAQ
What is Pi Network?
Pi Network is a mobile cryptocurrency network that enables users to mine and transact Pi coins. It hopes to democratize cryptocurrency mining and mitigate its impact on the environment.
What time will PI start trading on OKX?
OKX will list PI in the spot trading market against USDT under the trading pair PI/USDT at 8:00 AM UTC, February 20, 2025.
How to deposit PI to OKX account?
To transfer PI into your OKX account, go to the deposit section in the OKX app, choose PI, and follow the instructions to get your deposit address. Note: Your address must be appropriate to the functionality, otherwise, it won’t work.
When is OKX going to launch its initial trading, and what precautions are taken?
To ensure a stable trading environment, OKX will introduce a range of measures, including:
- Restricting market orders during the first five minutes of trading.
- Limiting each single limit order to $10,000.
- Capping per-user maximum net position at $10,000.
How to join Pi Network Open Network launch?
Make sure to complete KYC and migrate your Pi to the Mainnet to be able to get access and join the Open Network launch. Use Pi apps in the Pi Browser to foster ecosystem development and utility in the long run.
Following the evolution of Pi Network to the Open Network and the trading of PI on OKX, the crypto community is closely monitoring how these changes impact its development and that of the overall sector.
Readers are invited to share their comments regarding the recent activity regarding Pi Network and its upcoming listing at OKX. Engage in the discussion — and tell us what you think!
