Pi Network holders are facing major frustration as leading cryptocurrency exchanges Bitget and OKX have unexpectedly suspended Pi transactions. What was supposed to be a breakthrough moment for Pi’s trading accessibility has turned into a crisis, leaving users with frozen funds and no clear answers.
The situation has sparked outrage across social media, with users venting their concerns. One Reddit user reported, “I deposited 1,500 Pi into Bitget, and now it’s stuck. Anyone else got the same issue? Any ideas why this happened?” Similar complaints have surfaced from OKX users, with withdrawals being locked for over 24 hours.
Attempts to seek clarity from exchange support teams have yielded little success. OKX users were asked to provide ID and email for verification, yet no concrete timeline has been provided. Meanwhile, Bitget issued a vague response stating, “Your request will be completed within 24-48 hours.” This has done little to ease growing concerns. One Reddit user speculated, “The Pi team asked Bitget to suspend deposits and withdrawals in certain regions. Why now? Regulations or something else?”
The backlash is intensifying on Twitter, where users are openly calling out OKX. One tweet accused the platform of dishonesty: “Yes, OKX is the culprit. They locked withdrawals for Pi right when it launched. OKX are hypocrites and liars.” Others are even labeling the situation a scam, alleging that insiders are offloading Pi tokens while retail investors remain locked out.
So far, neither OKX nor Bitget have made official statements addressing the issue, leaving the Pi Network community in limbo. The Pi Core Team has also remained silent, further fueling speculation.
Also Read: Pi Network Warns Users Against Fraudulent Pi Coin Listings on DEXs – Here’s What You Need to Know
With uncertainty looming, confidence in Pi’s ability to be traded freely is on shaky ground. If a resolution isn’t reached soon, it could deal a severe blow to the project’s credibility, potentially deterring future adoption. For now, Pi holders can only wait and hope that answers—and access to their tokens—arrive sooner rather than later.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.