Binance has announced the listing of the KAITO token and has also launched a vote on adding Pi Network (PI) to the platform. According to the announcement, KAITO will be available on the exchange starting February 20, while the decision on Pi Network — despite its mainnet launch occurring today — will be made after the voting ends on February 27. Both initiatives have drawn community attention, though some analysts have raised questions about the token selection process.
KAITO Listing on Binance and OKX
The KAITO token will be tradable on Binance beginning February 20 at 13:00 UTC. Trading pairs will include BTC, USDT, USDC, BNB, FDUSD, and TRY. Binance has assigned the token a Seed Tag, indicating increased risk and expected volatility.
Earlier, the KAITO team presented a whitepaper describing a monetization mechanism for social content using AI. Users will be able to earn "yaps" for engagement and analytical content, which will later influence airdrop distributions.
Binance will also include KAITO in its HODLer Airdrop program, where BNB holders who participated in Simple Earn between February 6 and 10 will receive a share of 20 million KAITO (2% of the total supply). These tokens will be credited one hour before trading begins.
In addition to Binance, KAITO will be listed on OKX, with trading set to start on February 20. OKX representatives noted that during the first five minutes after the token's addition, they will cap each user's position size at $10,000 and disallow market orders to reduce the risk of sharp price swings.
Binance Launches Vote on Listing Pi Network
Amid the KAITO listing, Binance has also invited users to vote on adding Pi Network (PI). The vote will conclude on February 27, and currently, 85% of participants support the listing.
Learn how to participate in the vote here.
This decision has drawn criticism from some experts. Crypto journalist Colin Wu did not support Binance's return to listing votes after seven years. In his opinion, the exchange is trying to attract traffic with high-risk assets, which could harm its reputation. He also mentioned that in several countries, the Pi Network project could be regarded as a financial pyramid.
"If you plan to return to mainland China, I advise staying away from Pi," Wu wrote on X.
Binance representatives, however, stated that the vote results are not the sole criterion, and the final decision will rest with the internal team. Additionally, votes from users in China and some other regions will not be counted.
Previously, AB Kuai.Dong, the founder of a metaverse, called Pi Network "the largest pyramid in the Chinese-speaking world." He stressed that mining on Pi is conducted via a mobile app, and its speed depends on the number of referrals, which aligns with classic Ponzi scheme characteristics.
Pi Network continues to spark controversy due to its referral-based model. Nevertheless, despite its ambiguous reputation, the project has gathered over 50 million users worldwide and maintains high community activity.
Will KAITO and PI Grow After Listing
Listings on Binance traditionally lead to sharp price fluctuations — the so-called exchange effect. Many traders take profits immediately after an asset appears on the platform. Analysts warn that KAITO might face a sell-off from early investors.
As for Pi Network, even if the exchange decides to list it, the token's price will remain uncertain. Currently, the listing is planned only on OKX. Although official trading of the asset has not yet begun, IOU prices for PI on some platforms have fallen by 43,2% in the past day.
Bearish and bullish scenarios for PI's development after its official launch have been discussed here.
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.
