HTX is Ready to List the Upcoming Official Pi Coin Ahead of the Scheduled Mainnet Launch on February 20

The centralized exchange announced it would delist its ongoing PI IOU coin, and now it has converted all of them to USDT till Monday.

As the scheduled mainnet launch on February 20 approaches, HTX is preparing to list the official Pi coin. The centralized exchange had previously announced that it would delist its ongoing PI IOU coin, and now it has revealed that all of them have been converted to USDT as of Monday.

While some exchanges are planning to swap their PI IOU to the official coin using a conversion ratio based on the price at launch, HTX has opted for a straightforward solution ahead of the launch.

According to HTX, the formula is to delist the old coin, swap it with USDT and reimburse users, and then list the new coin free of any attachments to maintain 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.

As the Pi Mainnet launch is set for February 20, pioneers are displaying their enthusiasm. An Indian restaurant in Amritsar recently hosted an event that brought together local pioneers.

The speculation on the price of Pi coins is also quite interesting, ranging from $100 to $500 in the pre-launch phase 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.