Ahead of the scheduled mainnet launch on February 20, HTX is ready to list the upcoming official Pi coin. The centralized exchange announced it would delist its ongoing PI IOU coin, and now it has converted all of them to USDT till Monday.
While some exchanges are looking to swap their PI IOU to the official coin using a conversion ratio based on price at launch, HTX has come up with a straightforward solution way ahead of the scheduled launch.
The formula for HTX is delist the old coin, swap it with USDT, and reimburse users, and then list the new coin free of any attachments to keep it a fair market for all. HTX has converted its PI IOU to USDT at a rate of 1 PI = 61.28 USDT. Token holders on HTX can check the amount of their converted USDT in Assets > Spot account.
With the Pi Mainnet launch scheduled for February 20, pioneers are full of optimism. Recently, an Indian restaurant in Amritsar recently hosted an event that united local pioneers.
The speculation on the price of Pi coins is far more vivid than imaginable, as it ranges from $100 to $500 in the pre-launch itself. While its launch price can be as low as 0.0₈5 to $314,159. The $314159 value is promoted by the PI GCV community and not the official Pi Core Team.
Also Read: Pi Coin Listing Sparks Fear: Is it just a “Pi Puff”?
