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BTCC / BTCC Square / Global Cryptocurrency /
BitMart Exchange Halts Pi Coin Trading Amid KYB Approval Delays: Price Uncertainty Looms

BitMart Exchange Halts Pi Coin Trading Amid KYB Approval Delays: Price Uncertainty Looms

Author:
Global Cryptocurrency
Published:
2025-04-24 06:30:25
10
3
BitMart exchange News - Pi Coin is facing increasing bearish pressure as its price struggles to rebound from early peaks NEAR $3. The token’s downturn highlights a lack of catalysts and diminishing exchange support. BitMart has suspended Pi trading for over a month, citing pending Know Your Business (KYB) approval from the Pi CORE Team for a promised 1:1 swap. Community concerns are escalating as withdrawals remain frozen, with prominent crypto analyst Dr. Altcoin publicly questioning BitMart’s lack of communication. The delisting by Banxa further exacerbates Pi Network’s liquidity issues, leaving investors uncertain about its future trajectory.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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