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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

Published:
2025-04-24 06:30:25
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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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