Market Watch

Bitget and OKX Users Unable to Withdraw Pi Coin For Now

Pi Network users are struggling to withdraw their tokens as major exchanges like Bitget and OKX have suddenly suspended transactions. What was supposed to be a big step forward for Pi has instead turned into a frustrating situation, leaving holders worried and looking for answers. Many users have taken to social media, frustrated about their stuck Pi tokens. One Reddit user shared, “I deposited 1,500 Pi into Bitget, and now it’s stuck. Anyone else got same issue? any ideas of why this happened?”

Similar reports are coming from OKX, where withdrawals have been frozen for over 24 hours. When a user contacted support, they were told to provide their ID and email for verification, but there’s still no clear answer on when withdrawals will be available again. Bitget responded with a generic statement, saying, “Your request to be completed within 24-48 hours.” However, this hasn’t reassured users. A 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 growing, with Twitter users calling out OKX: “Yes, OKX it’s the culprit. They locked withdrawals for Pi right when it was launched. OKX are hypocrites and liars.” Some are even calling the situation a scam, claiming exchanges are blocking retail investors while insiders sell off their tokens.

Crypto exchanges have not publicly addressed this issue which has left users stray. With the Pi Core Team staying silent and exchanges offering unclear replies, people are feeling lost and unsure. Faith in Pi’s ability to be traded is wobbly, and if things don’t get sorted out soon, belief in the whole project might really suffer.

Terron Gold

Recent Posts

Tether Blacklists 370 Wallets and Freezes Over $514 Million in USDT in Just 30 Days

Stablecoin giant Tether has dramatically escalated its enforcement activity after blacklisting 370 blockchain addresses and freezing approximately $514.64 million worth…

4 days ago

Coinbase Suffers Major Trading Outage After AWS Infrastructure Failure

Crypto exchange giant Coinbase experienced a major service outage that disrupted trading, transfers, and exchange operations after…

4 days ago

LayerZero Issues Public Apology After $292 Million Kelp DAO Exploit

Cross-chain messaging protocol LayerZero has publicly apologized for its handling of the massive Kelp DAO exploitthat drained approximately $292…

4 days ago

PayPal and Google Say AI-Driven Commerce Will Run on Crypto Rails

Executives from PayPal and Google Cloud said the future of “agentic commerce” — where AI agents autonomously buy goods,…

4 days ago

Kraken Parent Company Applies for Federal OCC Banking Charter

Crypto exchange giant Kraken is making a major move deeper into the U.S. financial system after its…

4 days ago

Taiwan News Anchor Indicted in Crypto-Funded Chinese Propaganda and Military Bribery Scandal

A major national security scandal has erupted in Taiwan after prosecutors indicted a Taiwanese news…

5 days ago