In the virtual currency trading market, Pi coin, as a highly regarded project, has attracted considerable attention regarding its listing dynamics. However, users within China, especially those using the OKX platform, have found themselves unable to trade Pi coin, raising the question: Why is Pi coin not tradable on the OKX platform? Additionally, how can one purchase Pi coin through other exchanges, particularly the Gate exchange?
OKX Official Website Backup Domain Navigation: https://lengbi.com/go/okx
Gate Official Website Backup Domain Navigation: https://lengbi.com/go/gate
Why Can't Pi Coin Be Traded on OKX?#
1. OKX Suspends Pi Coin Trading#
On February 12, OKX announced the listing of Pi coin, declaring that it would support trading of Pi coin (PI) on its platform. Many holders of Pi coin began to look forward to trading on OKX, but just two days later, OKX released a new announcement stating that, at the request of the Pi Network project team, Pi coin would adopt an isolated listing model. This means that users in certain countries and regions will be unable to deposit and trade Pi coin.
The OKX team pointed out that while the listing plan for Pi coin has not changed, due to the requirements of the Pi Network project team, OKX will temporarily be unable to provide deposit and trading services for Pi coin to users in certain regions. For users in mainland China, this means that trading Pi coin on the OKX platform is not possible.
2. Isolated Listing Model for Pi Coin#
The isolated listing model for Pi coin is due to the project team's desire to exert a certain level of control over the trading and circulation of Pi coin, avoiding the risk of losing control of the project due to premature market operations. Although this approach restricts the widespread trading of Pi coin in the short term, it may be aimed at ensuring the long-term development and stability of Pi coin. As a global platform, OKX must also comply with the requirements of the Pi Network, thus unable to provide trading functionality for Pi coin in certain countries and regions.
3. Impact on OKX Users#
Although the OKX platform cannot provide Pi coin trading services to all users, it still offers spot trading channels for eligible users, meaning that eligible users can buy and sell Pi coin through the platform. For users who already hold Pi coin assets, OKX's spot trading will become a more convenient trading channel, helping them stay updated on the latest market dynamics.
The OKX team also stated in the announcement that they will continue to provide users with higher quality products and services and thanked users for their understanding and support. During this period, OKX will closely monitor the latest instructions from the Pi coin project team and adjust relevant policies as necessary.
How to Purchase Pi Coin Through Gate Exchange?#
If you are a user in mainland China and unable to trade Pi coin through OKX, don't worry; Gate exchange provides you with a way to purchase Pi coin. As a platform that supports global users, Gate exchange offers a wide variety of virtual currency trading options and powerful trading features. On the Gate platform, users can directly buy and sell Pi coin without regional restrictions.
1. Introduction to Gate Exchange#
Gate exchange is an emerging digital currency trading platform that offers a rich selection of trading options. The platform's user interface is friendly and easy to operate, suitable for both beginners and experienced traders. Gate not only supports common digital currency trading, such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), but has also quickly followed up with the listing of Pi coin, making it an ideal choice for domestic users to purchase Pi coin.
Gate platform collaborates with several major banks worldwide to provide users with various payment methods, ensuring that users can conveniently deposit and withdraw funds. Additionally, the platform has high standards for trading security, employing multiple security measures to protect users' funds and personal information.
2. How to Purchase Pi Coin on Gate Exchange?#
The process of purchasing Pi coin on Gate exchange is relatively simple, and you can follow these steps:
Step 1: Register an Account#
First, you need to register an account on the Gate exchange platform. If you already have an account, you can log in directly.
Step 2: Complete Identity Verification#
To ensure account security and comply with relevant laws and regulations, Gate exchange requires users to complete identity verification. This step usually requires providing personal identification and other necessary information.
Step 3: Deposit Funds#
After completing verification, you can deposit funds into your account through the deposit channels provided by Gate. Gate supports various deposit methods, including bank transfers and cryptocurrency deposits. You can choose a suitable deposit method based on your needs.
Step 4: Select Pi Coin Trading Pair#
Once your funds have been successfully deposited, you can enter the trading page on Gate and select the Pi coin trading pair. For example, you can choose Pi/BTC, Pi/USDT, etc., and then select the quantity and price at which you want to purchase Pi coin.
Step 5: Place an Order#
After confirming the transaction information, you can place an order to purchase Pi coin. Gate supports both limit orders and market orders, allowing you to choose the appropriate order type based on market conditions.
Step 6: Complete the Transaction and Withdraw#
Once your order is executed, you have successfully purchased Pi coin. You can choose to keep the Pi coin on the Gate platform or withdraw it to your personal wallet.
3. Advantages of Gate#
The advantages of the Gate platform lie not only in its support for Pi coin trading but also in its quality customer service, convenient operating processes, and secure trading environment. For users who cannot trade Pi coin through OKX, Gate provides a very suitable option.
Backup Domain Entry Provided by Lengbi for Exchanges#
To help domestic and international users smoothly access exchange official websites and conduct transactions, Lengbi provides the latest backup domain entries for major virtual currency exchanges. Through Lengbi's navigation system, users can directly access the official exchange websites under different network conditions, avoiding missed trading opportunities due to access issues.
Backup Domain Entry Links#
- OKX Official Website Backup Domain Navigation: https://lengbi.com/go/okx
- Binance Official Website Backup Domain Navigation: https://lengbi.com/go/ba
- Huobi HTX Official Website Backup Domain Navigation: https://lengbi.com/go/htx
- Gate Official Website Backup Domain Navigation: https://lengbi.com/go/gate
Lengbi verifies backup domains through official channels of exchanges to ensure that only officially certified backup domains are included. When users access these links, the system will automatically assess the network situation and assign a suitable official backup domain address to ensure smooth access.
Conclusion#
Due to the requirements of the Pi Network project team, OKX is temporarily unable to provide Pi coin trading services to users in certain countries and regions. Fortunately, domestic users can purchase Pi coin through Gate exchange, and the latest official backup domain entries provided by Lengbi ensure smooth access for users under different network conditions. Through these backup domain entries, users can easily access the official websites of major virtual currency exchanges, ensuring they do not miss any trading opportunities.