The long -awaited official launch of PI Network saw it listed on various exchanges, but users are now faced with problems withdrawing their PI tokens. The PI price has fluctuated a lot and at the time of the press, it fell below $ 1. This volatility has led to an aggressive sales trend among holders.
A user, based in the United Kingdom, wondered if regulations could be a factor in these sudden changes, asking why such withdrawal problems are currently occurring. The cause of fluctuations and the suspension of withdrawals is not yet clear, but regulatory concerns could play a role under uncertain market conditions.
In addition to price concerns, a number of PI network users have reported difficulties with exchanges such as Bitget and OKX. A user mentioned that he had deposited 1,500 ft in Bitget, only to find the tokens stuck on the platform. Others have raised similar concerns on social networks, which has prompted requests to the basic IP team for an explanation.
For those who use OKX, the platform suspended PI withdrawals for more than 24 hours, as indicated by another user. Frustrated by the suspension, a user contacted OKX assistance and it was advisable to provide their unique identifier and email address to launch the return process. While the user requested a repayment of deposit and received an email in response, there is still no confirmation from the moment when withdrawals will be restored.
Bitget responded to the mail and wrote, “Bitget greetings. We want to inform you that your request is currently being managed and that it has been intensified to the team concerned to speed up the process. Please make sure that your request is our top priority for the moment. We kindly ask for your understanding and patience. Again, we sincerely apologize for any downside caused. You can expect your request to be completed in the coming 24 to 48 hours. »»
Users of the PI network are invited to stay up to date on the announcements of exchanges and the PI Core team, because the situation is still in development. In the midst of uncertainty, the PI network team published a declaration And wrote: “Beware of the false pi lists on various dexates. It is important to note that the PE trading pairs currently listed on all DEX are fraudulent and are likely to be part of a scam that causes a loss for you. Pi Network strongly recommends that you are reflected in participating in all current trading pairs. »»
