Pi Coin Shocks Market with Coinbase Listing—Snubs Binance in Power Move

In a plot twist worthy of crypto’s wild west, Pi Coin—the mobile-mined token once dismissed as ’play money’—just scored a major exchange listing. But not where anyone expected.

Coinbase grabs Pi while Binance watches: The institutional darling just outmaneuvered the volume king at its own game. Trading goes live May 22—just try finding that on Binance’s 500th meme coin listing.

Behind the deal: Pi’s team reportedly bypassed Binance’s notorious ’listing fee’ circus entirely. A Coinbase spokesperson confirmed due diligence took 11 months—roughly 10 months longer than some Binance listings.

Cynics’ corner: Let’s see if Pi’s ’30 million engaged users’ actually translates to trading volume. Or if this is just another case of ’narrative pumping’ before the inevitable dump.

Coinbase Listing Expands Usage Opportunities

Coinbase, known for its full compliance with US regulations, offers direct integration with banks and regulatory-compliant custodial services. Every cryptocurrency listed on the exchange gains a sort of “legal authority certificate,” earning the trust of a large user base. Additionally, funds can be instantly converted to fiat through Coinbase’s Visa card. Mr. Spock highlights the potential of this feature, suggesting that Pi Coin could transform from a mere wallet balance to a spendable asset at gas stations.

This practicality is seen as the tipping point completing Pi’s journey “from mining to wallet.” The analyst noted similar systems where each Visa card transaction earns BTC rewards, and crypto balances are updated in real-time. If such infrastructure is integrated with Pi, it could open new avenues, from loyalty programs to savings opportunities.

Millions of Pi Network users might soon find that the number on their phone screens turns into a usable value for buying sandwiches or movie tickets with a Coinbase listing.

Coinbase’s Regulatory Edge Over Binance

Although Binance leads in global trading volumes, regulatory restrictions direct US users to Binance.US, where cryptocurrency listings are limited. Additionally, comprehensive card services and payment tools are not yet developed on Binance.US, posing a disadvantage for projects like Pi, which aim for usability. In contrast, Coinbase combines listing and use options under one roof and holds an extensive license network from New York to California.

Experts assert that for PI to reach mass audiences in the US market, it needs an exchange that offers a clear legal framework and bank integration. Coinbase’s partnerships with Fortune 500 companies, corporate payment gateways, and custody insurance can propel Pi to restaurant chains and e-commerce giants, exceeding Binance.US’s current capacity. As a result, investors prioritize Coinbase for not only price movements but direct spending access too.