The press service of the Huobi trading platform reported that it is carefully studying the Pi Network DeFi cryptocurrency project. The service team intends to closely monitor updates and will make a decision on the listing of this token as soon as the main network is successfully updated. PI NETWORK will be considered for listing in the near future.
The management of Huobi noted that it has always sought to support the best crypto projects in order to offer its own customers the opportunity to purchase such digital currencies. The press service of the exchange stressed that it had received positive recommendations from the Pi Network community and that is why it will monitor the progress and development of this product.
A special commission will decide on adding trading pairs with Pi Network DeFi as soon as it analyzes the functional component of the upcoming update.
Pi Network is a new cryptocurrency and developer platform that allows mobile device users to mine PI coins without draining the battery. The creators of the project themselves positioned their product as the first cryptocurrency that can be mined on a smartphone without any problems.
This blockchain provides not only economic transactions using the mobile meritocracy system, but also offers its users a new experience in the Web 3.0 space, where developers can create decentralized applications (dApps) for millions of users.
A special Pi Network application that allows to mine cryptocurrency is available on Android and iOS platforms. However, not everyone can download it, but only by invitation. Well-known Chinese journalist Colin Wu noted that this cryptocurrency product is very actively promoted by network marketers in China.
