85% of Voters Endorse Binance Listing Pi Coin | Airdrop Alert Pro

February 17, Binance launches community votingseek community views on listing PI networks. The ongoing voting process is scheduled to end on February 27. A recent report shows that no less than 85% of voters voted in favor of listing the token. The overwhelming support the tokens received during the voting process sparked serious discussions in the cryptocurrency community. Many have raised harsh criticism of the exchange’s decision to resume its “via community voting” system. The biggest problem is: Yes binance binance – (Protected by email) Centralized communicationCryptocurrencyTrading ApplicationCryptocurrency Investment Prioritize traffic over security?

The binary voting process for the listing of PI networks, which began on February 17, has attracted great attention. According to a report, about 85% of voters responded to listing, which caused great excitement among PI network enthusiasts. The voting process is scheduled to end on February 27. It is worth noting that there is no sign that this trend may be overturned in the coming days.

Criticism and concern about PI network listing

Many people have stepped forward and expressed serious concern about the second-hand voting process for PI network listing. Founder of WU Blockchain Colin Wu It expressed serious disagreement with Binance as it decided to restore its “token listing” of its “community voting” system.

In fact, this is the first time in seven years that the exchange has adopted this controversial community-driven listing system.

Binance is one of the highest exchanges in the world. As of now, its 24-hour trading volume is $17,658,076,684. The exchange supports nearly 399 coins and 1362 trades to Paris.

Wu explained why it is important for industry leaders to focus more on security than traffic.

Earlier, former Binance CEO changpeng zhao changpeng zhao Changpeng Zhao is the founder and CEO of Binance. Since its inception in 2017, his contribution to strengthening Binance has made the platform the largest cryptocurrency exchange in the world. And in 2019, he launched Binance, a US member of Binance. USA. Details: Organization: Binance Location: United Arab Emirates Skills: Trading Systems and Electronic Trading Experience: Binance CEO, July 2017-November 2023 November 2001-November 2013-December 2013, Fusion Systems Group’s Cooperative Book Futures Development Leader from 2001 to 2005 FAQ 1. Is the value of value? Changpeng has a net worth of $62.6 million. 2. What is Zhao’s latest investment? Zhao invests in blockchain and in artificial intelligence and biotechnology
entrepreneurinvestorCEO They also expressed concerns about its “token listing” system “through community voting” system, calling it “a bit broken.”

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Binance’s Defense and Clarification

binance, Recent Postsresolutely defend its decision to initiate the voting process. However, despite indirectly accepting all the questions raised against the process, it asserts that the vote will be used as a reference only.

It emphasizes that it has an internal evaluation system that can decide whether to allow coins to be listed in its platform.

Other crypto exchanges and PI networks

So far, at least 9 outstanding cryptocurrency exchanges list Pi Coin: MEXC, OKX, OKX, OPEN NETWORT, BITGET, COINW, GATE.IO, GCB Exchange, Digifinex and Lbank.