The buzz around a potential listing on Binance<\/a><\/strong> had generated significant momentum<\/strong>. An official poll from the Binance community even showed majority support for integrating Pi Coin on the platform. This prospect fueled hopes of a significant rebound<\/strong>, as a Binance listing<\/strong> represents much more than just getting quoted: It’s a badge of legitimacy<\/strong> that provides access to millions of institutional and retail traders<\/strong>.<\/p>\n\n\n\n Changpeng Zhao<\/strong> recently shared his vision of listing criteria<\/strong> for exchanges, without explicitly mentioning Pi Network<\/strong>. His comments are nevertheless revealing: “Strong projects don’t need to pay or solicit listings, exchanges will compete to list them.” This statement draws a clear line between mature projects<\/strong> and those that still lack robust fundamentals<\/strong>.<\/p>\n\n\n\n CZ emphasized the importance of product development<\/strong> and organic community growth<\/strong> rather than chasing listings. He also detailed the different business models<\/strong> used by exchanges<\/a>: Listing fees, airdrops, or refundable security deposits designed to protect users against fraudulent projects. He Yi, Binance co-founder, expanded on these explanations, clarifying that marketing fees are used to fund trading competitions<\/strong> and educational content<\/strong>, not to enrich the platform.<\/p>\n\n\n\n These standards reflect a market reality<\/strong>: Binance<\/a> prioritizes regulatory clarity<\/strong>, operational transparency<\/strong>, and technical robustness<\/strong>. Yet, Pi Network accumulates precisely the gray areas in these three points. The open mainnet is still not fully deployed, on-chain liquidity remains limited, and the actual use<\/strong> of the token outside speculation remains marginal.<\/p>\n\n\n\n![\"Pi](\"https:\/\/investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/10\/image-55.png\")
<\/figure>\n\n\n\nBinance’s Listing Criteria Decoded by CZ<\/h2>\n\n\n\n