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.

Pi Network users are facing difficulties withdrawing their tokens from major cryptocurrency exchanges such as Bitget and OKX after transactions were abruptly suspended.

Despite Pi’s mainnet launch being touted as a significant moment, the inability to withdraw tokens has created frustration among holders, who are now turning to social media and other platforms to express their concerns.

On the Pi Network subreddit, users have shared their experiences and sought assistance with the withdrawal issue. One user, who attempted to deposit 1,500 Pi into Bitget, encountered a problem where the tokens did not arrive in their account.

“I deposited 1,500 Pi into Bitget, and now it’s stuck. Anyone else got same issue? any ideas of why this happened?” the user posted.

Similar reports have emerged from OKX users, who stated that withdrawals have been frozen for over 24 hours. When a user contacted OKX support regarding the matter, they were asked to provide their ID and email for verification. However, there was no clear indication from the exchange on when withdrawals would be available again.

In response to inquiries, Bitget reportedly provided a generic statement, saying: “Your request to be completed within 24-48 hours.” This response, however, did not fully address the concerns raised by users.

On the Pi Network subreddit, a user speculated that the Pi team may have played a role in the suspension of deposits and withdrawals at Bitget, particularly in certain regions.

“The Pi team asked Bitget to suspend deposits and withdrawals in certain regions. Why now? Regulations or something else?” the user commented.

The situation has sparked backlash on Twitter, with users criticizing OKX for freezing Pi withdrawals.

“Yes, OKX it’s the culprit. They locked withdrawals for Pi right when it was launched. Okx are hypocrites and liars,” one user tweeted.

Some users have gone as far as to accuse the exchanges of engaging in a scam, alleging that while retail investors are being prevented from withdrawing their tokens, insiders are selling off their own.

“Exchanges are blocking retail investors from withdrawing Pi while insiders are selling their tokens,” a user claimed on Twitter.

Despite the widespread reports of the withdrawal issue, the relevant cryptocurrency exchanges have not yet publicly addressed the matter, leaving users in the dark.

With the Pi Core Team also remaining silent on the issue and exchanges offering unclear or delayed responses, people are experiencing a lack of clear direction.

The difficulties in trading Pi are affecting faith in the project, and if the situation is not resolved promptly, it could potentially impact the broader enthusiasm and belief in Pi.