- Banxa’s KYB approval enables global Pi Coin access via cash.
- Partnership boosts Pi Network’s credibility and adoption.
- Mainnet launch fuels Binance listing speculation.
Pi Network has granted Banxa, its leading global payment platform, listing and enabled it to sell Pi Coin globally with KYB approval. This is a huge step in the adoption of Pi Coin that may possibly lift its market value. This allows users around the world, with Banxa’s reach into over 100 countries, to use cash as a payment option to access and buy Pi Coin.
With the Pi Network KYB framework, it is only possible to list and trade Pi Coin through verified and compliant enterprises. By getting approved for KYB, Banxa joins the ranks of established exchanges MEXC and Bitget, which have previously cleared KYB approval. Meanwhile, other exchanges like BitMart and HTX are in the process of verifying KYB and are scheduled to get approval to list the Pi token in the near future.
Beyond its integration with Banxa and Pi Network, P has also built critical partnerships with some of the world’s largest crypto companies, such as Stellar and OKX. These partnerships are geared toward furthering the adoption and integration of Pi coin in both the alt space and stand-alone.
Banxa Drives Pi Network’s Global Expansion Strategy
On the other hand, Banxa is the core of Pi Network’s business expansion strategy. With KYB approval, people from different countries can easily and securely buy Pi Coin, the crypto analyst Dr. Altcoin tweeted on the social media platform X. Apart from benefiting users’ access and making Pi Network more credible to the crypto market at large, development also improves confidence among potential users.
Overall, Pi Network’s broader strategy is based on core pillars such as financial inclusion, interoperability, secure identity verification, currency programmability, and decentralized financial infrastructure. These enhance the platform’s attractiveness to centralized exchanges (CEXs) and global payment providers. Banxa’s successful completion of the rigorous KYB process verifies that Banxa stands with Pi Network’s long-term vision and further legitimises its presence.
Pi Network’s operational foundation is built on security and transparency, with no slip on the Know Your Customer (KYC) and Know Your Business (KYB) procedures in place to protect its users and keep the institution’s trust intact. The verification standards help increase the network’s integrity as a trusted contestant on the global crypto plane.
Mainnet Launch Spurs Speculation of Binance Listing
Many are speculating that Pi Network’s mainnet wallet has recently been activated and that Pi Coin could be listed on Binance, one of the biggest cryptocurrency exchanges in the world. A listing like this would certainly increase Pi Coin’s liquidity and make it more recognizable in the global market, allowing it to penetrate and be adopted faster.
As such, Pi Network’s KYC and KYB protocols are very strict to ensure a safe environment for institutional and retail investors. The compliance measures are still raising the platform’s watermark and attracting other major market participants, as well as determining the platform’s readiness for more institutional integration.
