Recently, Binance was criticized after reopening his List of tokens for community vote And considering the addition of Pi (PI) network. Critics question Binance 
Binance – (Protected by e-mail) Centralized exchangeCryptocurrencyTrading applicationCryptocurrency investment 
potential priorities and risks involved.
Recently, Binance launched a community vote to decide whether the PI network should be listed on the exchange. This marketing survey gives users a chance to share their reflections on the list. The vote ends on February 27. With 85% of voters in favor, just a day before its launch of Mainnet, the project wins impressive momentum and attention in the cryptographic community.
Despite a strong support, some, like Colin Wu, founder of Wu Blockchain, criticized Binance’s decision. He expressed his concerns about the platform that releases community lists after a seven-year break. “Originally, I thought OKX was already playing at risk, but Binance went even further with Pi,” he said.
The reputation of Binance in play?
Wu argued that Binance’s attention on traffic attraction and new users with high -risk tokens could compromise its reputation and its responsibility to maintain security. This is not the first time that Binance has faced criticism on his registration process. Old CEO Changpeng Zhao 
Changpeng Zhao Changpeng Zhao is the founder and chief executive officer of Binance. His contribution to the improvement of Binance has made the platform the greatest exchange of cryptocurrency in the world since its creation in 2017. Zhao launched the intelligent blockchain NetWork Binance channel which made a remarkable contribution to the development of the ‘Decentralized finance ecosystem. While in 2019, he launched Binance Binance de Binance, Binance. The United States. Details: Organization: Binance Location: United Arab Emirates Skills: Trading system and Electronic Trading Experience: CEO in Binance from July 2017 to November 2023 · Founder in Bijiech from September 2015 to July 2017, Development Manager in Blockchain.com from 2013 2014 · Partner at Fusion Systems Group from November 2005 to December 2013, manager of the development of future tradebook at Bloomberg de 2001 to 2005 FAQ 1. What is the net value of Changpeng Zhao? The net value of Changpeng is 6,260 fighters of dollars. 2. What are the latest investments in Changpeng Zhao? Changpeng Zhao invests in the blockchain sector as well as artificial intelligence and biotechnology
EntrepreneurInvestorGeneral manager 
(Cz) recently called the “Small” process. Wu also warned that the Listing PI could present serious risks to the vulnerable Chinese language community.
Binance, however, defended his position by clarifying that not all votes would be considered valid, indicating that they would carefully evaluate the voting process before making decisions.
“The votes of the users reported in certain countries or regions, including, but without limiting itself, continental China, will not be considered valid,” said the post.
Experts remain skeptical
In particular, the votes of the ineligible regions, users who do not meet the criteria or those who violated the Binance conditions will be excluded from the final count. He also pointed out that if the voting results are taken into account, an internal assessment will decide whether the PI network is listed. Although several other centralized exchanges have also announced PI parts lists, many industry experts remain skeptical, citing legal and listing risks.
Never miss a beat in the world of cryptography!
Stay in advance with the news, expert analysis and real -time updates on the latest Bitcoin, Altcoins, DEFI, NFTS, etc. trends