Pi Network users, known as Pioneers, are expressing growing frustration over their inability to transfer their mined Pi Coins (PI) to the blockchain’s mainnet.
The concerns mount as the network’s Grace Period deadline approaches, leaving users with just four days to complete the necessary migration process.
Pi Network Sets March 14 Deadline for KYC and Mainnet Migration
The Pi Network has set a critical deadline for users to complete their Know Your Customer (KYC) verification and Mainnet migration. According to the announcement, Pioneers must finalize these processes by 8:00 AM UTC on March 14, 2025.
Failing to do so will result in the loss of most of their Pi holdings. However, coins mined within the past six months are exempt from this. The Grace Period, introduced to give users ample time to complete verification, has already been extended multiple times.
As per the Pi team, these extensions were designed to accommodate as many legitimate users as possible, ensuring their balances could be verified and migrated.
“The end of the Grace Period is inevitable to make sure the network can move on in its new phase without large sums of unverified and unclaimed mobile balances,” the blog read.
Despite this urgency, numerous Pioneers have reported issues preventing them from transferring their PI to the Mainnet. Among them is Jaro Giesbrecht. In a post on X (formerly Twitter), Giesbrecht claimed he had completed the Mainnet checklist but remained stalled.
“The Pi network has done nothing to help solve this problem. It is a very common problem. Pi has done nothing to help fix this and other problems,” he wrote.
Giesbrecht intensified his criticism, arguing that the deadline should be extended until all Pioneer issues are resolved. He suggested that failing to do so would render the entire process ineffective and raise concerns about the project’s legitimacy.
The issue appears widespread, with other Pioneers echoing similar complaints on X.
“The whole process is a joke. ~80% of my balance shows as unverified, although all of my security circle has completed KYC. No additional actions are listed to be taken in order to clear this up. Furthermore, nobody got back to me on a support ticket I opened weeks ago. What gives?” remarked a user.
Furthermore, users also noted that Step 9 on the Mainnet checklist—”Migrate to Mainnet”—remains unresolved, leaving their Pi balances in limbo.
“What’s the problem with the mainnet migration? Are we to forfeit our mined PI due to an error from your end?” a user posted.
Pi Network Mainnet Migration Issues. Source: X/Abissan
Pi Coin Sees Double-Digit Losses Amid Binance Listing Uncertainty
While the looming deadline worries many, others eagerly await March 14, widely recognized as Pi Day. The occasion has sparked optimism for a potential price surge despite Pi Coin’s recent struggles in the market.
“As long as we don’t break $1.2 support, I’m bullish. PI day is approaching, and hopefully, we will see a pump,” an analyst wrote.
Over the past week, PI has lost 16.3% of its value. Moreover, in the last 24 hours, it suffered a double-digit drop, trading at $1.40 at press time. This represented a decline of 12.2% over the past day alone.
However, these tools do not grant users full authority, as Binance retains the final decision-making power. Therefore, the uncertainty surrounding the decision has led to frustration.
In protest, they flooded the exchange with one-star reviews on Google Play Store. A similar decline in ratings was observed on Bybit. The exchange’s CEO had previously called Pi Network a scam.
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In the past year alone, Flipster’s trading volume increased by 856% while total user assets grew by over 6,000%.
What is Flipster?
Flipster is a global crypto trading platform with millions of users in nearly 200 countries. Flipster combines zero-cost execution, tight spreads, and the ability to earn passive income while trading—giving users more ways to stay active, efficient, and in control.
Available on both desktop and mobile (iOS and Android), Flipster offers spot trading, perpetual futures, earn opportunities, social trading, and more— all of which will be explored in more detail below.
Platform Security
Before diving into the platform’s trading features, it’s important to consider Flipster’s security standards — which are set at a relatively high level. Key highlights include:
1:1 Backed Reserves Ratio: Flipster maintains full transparency regarding its exchange reserves. Users can verify this information through the regularly updated Proof of Reserves report.
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Cold Storage Custody via Fireblocks: The exchange utilizes Fireblocks, a leading digital asset custody solution, to ensure secure cold storage of user funds.
User account security
Users can enhance the security of their accounts by enabling Advanced Login Protection, which includes options like Google Authenticator (2FA), SMS verification, email confirmation, or passkey-based login (including biometric authentication).
Core Features of Flipster
As Flipster primarily focuses on trading, let’s highlight its key strengths:
No Trading fees – Flipster is one of the few exchanges that charges zero trading fees on both spot and futures trading.
Trade and Earn Simultaneously – USDT funds can be used as margin for trading while simultaneously earning rewards with a competitive APR. Flipster is the only platform offering this across all assets, maximizing performance without sacrificing flexibility.
Spot Trading
Flipster provides zero-fee spot trading, allowing users to buy and sell crypto as frequently as they want without incurring any maker or taker fees. Currently, six trading pairs are available: BTC/USDT, ETH/USDT, XRP/USDT, SOL/USDT, TRX/USDT, and TON/USDT.
The spot trading experience on Flipster is built around a simple, user-friendly interface, with a trading terminal that includes all the essential tools that create a seamless trading environment:
Market orders – Buying or selling crypto instantly at the best available market price.
Trigger orders – Specific price points can be set at which assets are automatically bought or sold.
Recurring buy orders – Crypto purchases can be scheduled at regular intervals to support automated, long-term investment strategies.
Perpetual Futures Trading
Flipster offers zero-fee perpetual futures trading and particularly stands out for being among the first to list trending altcoins, allowing users to start trading earlier than the broader market. Currently, there are over 360 trading pairs available, with new ones added regularly.
The platform supports leverage of up to 100x, enabling traders to engage in both medium-term strategies and also in short-term, intraday trading based on small price movements. It also provides all essential order types and supports both isolated and cross margin modes, giving users more control over their risk management.
Instant Flip
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Profit Boost
Flipster includes a unique feature called Profit Boost, allowing traders to temporarily amplify the profits of their open positions on perpetual futures. This option is currently available for BTC, ETH, SOL, and XRP pairs.
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Social Trading
Flipster also features a Social Trading section, where users can share and view each other’s trading performance and activity, with options to set notifications and subscribe to specific traders. This provides traders with a broader set of tools for market analysis, as users can also leave comments and share their positions directly within the trading platform.
Rewards Hub and User Bonuses
In addition to its advanced trading features, Flipster offers a wide range of products designed to engage users through marketing campaigns, bonuses, and passive income tools. The Rewards Hub section includes a welcome bonus of up to 150 USDT for new users who register and complete simple tasks. It also features ongoing community events where users can earn additional rewards directly from Flipster.
Flipster Earn Campaign
The Flipster Earn Campaign allows users to deposit USDT, ETH, or BTC and earn passive income with no lock-up period, offering the flexibility of instant withdrawals.
Initial annual yields include:
8% APR on USDT
5% APR on BTC and ETH
Additionally, users can boost their earnings up to 21% APR on USDT by reaching a trading volume of over 250,000 USDT within 15 days on Flipster. If users become a Flipster VIP, they can earn an additional 1% APR, bringing it to 22% APR.
As a bonus, Flipster’s limited-time APR Supercharge campaign, running from June 1 to 14, 2025, offers up to 122% APR on eligible USDT deposits, with stacked yields, zero trading fees, and full liquidity tailored for both active traders and yield-focused users.
Referral Bonuses
A referral system is provided by Flipster, allowing bonuses to be earned when new users join through a referral link. The following rewards can be received:
Deposit Bonus – Up to 4% of the invited user’s deposit may be awarded (3% for regular users, 4% for VIP users).
Trading Fee Bonus – An additional 0.002% of the referred user’s trading volume is credited.
VIP Program
Access to exclusive privileges is available through the VIP Program once one of the following criteria is met:
A trading volume of 3M USDT or more over any 5-day period
An average platform balance of 50,000 USDT, calculated over 24 hours
The following benefits are included in the VIP Program:
2,000 USDT daily prize pool is distributed based on USDT balance and trading volume
Trading rebates of 0.001% are calculated from weekly trading activity
Conversion USDT bonus to USDT at 1:1 ratio
Additional 1% APR is applied to participation in the Earn campaign, including a +1% APR boost on referees’ balances
Weekly competition called Master League rewards the top 10 VIP traders by PnL with 3,000 USDT
4x multiplier is used in Launchpool campaigns
Extra 0.002% bonus is applied to the trading volume of referees under the referral program
Affiliate Program
This program is a good fit for those with a large following on social media — such as a blog, channel, or crypto-focused project with a community. The Affiliate Program requires a simple application form to be submitted via the Flipster website, after which participants gain access to regular commission-based payouts.
The program includes a streamlined affiliate dashboard that provides detailed performance metrics such as trading volume, registrations, deposits, and more. Additional benefits include dedicated support from an account manager, as well as exclusive offers such as global event invitations and other promotional opportunities.
Educational Resources
Flipster provides a comprehensive set of educational materials to help users navigate the platform, available through detailed guides in the Support section. These resources cover not only how to use Flipster’s features but also explain how the tools themselves work, making them especially useful for beginners. In addition, users can access a crypto glossary and a regularly updated blog featuring news, platform announcements, and user-focused campaigns.
How to Deposit Crypto on Flipster
To unlock full access to Flipster’s features, users must first complete the registration process and pass KYC verification.
As a bonus, new users can earn up to 150 USDT through the Reward Hub by completing simple tasks such as verifying their account, making a deposit, placing a first trade, and reaching certain trading volume milestones.
Currently, Flipster supports only on-chain deposits. To make a deposit, navigate to the “Asset” page, choose the asset and network, and copy your wallet address. Flipster does not charge any deposit fees, only standard network fees apply.
How to Trade on Flipster
To make your first trade on Flipster, go to the ‘Trade’ page and select either Spot or Perpetual trading. Then, choose the asset you want to trade and open a position using a market or limit order.
Conclusion: Final Thoughts on Flipster
Flipster creates a convenient and multifunctional environment for traders, allowing them to trade with zero fees and lower spreads, earn passive income, and participate in various campaigns—all simultaneously. The platform maintains a hack-free record and applies strong security measures to protect both the platform and user accounts. This overview introduced one of the fastest-growing cryptocurrency exchanges, with a continuously expanding set of tools for traders.
To learn more about Flipster, check the official links below:
Ethereum (ETH) is entering a critical week, with technical signals, on-chain data, and a major upgrade all converging. The Pectra Upgrade, set for May 7, aims to improve staking and wallet functionality, but short-term volatility is likely during the rollout.
Meanwhile, ETH’s BBTrend sits at 1.22, showing early bullish momentum, though not yet strong enough to confirm a breakout. At the same time, whale activity remains near 5,463 addresses, and price continues to trade in a tight range between $1,828 and $1,749—setting the stage for a potential breakout or breakdown.
Ethereum Pectra Upgrade Set for May 7: What to Expect
Ethereum’s highly anticipated Pectra Upgrade is set to go live on May 7, introducing 11 new Ethereum Improvement Proposals (EIPs). EIP-7251 stands out for raising the staking cap from 32 ETH to 2048 ETH, aiming to streamline validator operations and boost staking efficiency.
The upgrade also includes wallet improvements focused on user experience, such as easier recovery and gasless transactions, which could drive broader dApp adoption. While this may increase ETH demand long term, exchanges could temporarily halt ETH transfers during deployment, causing short-term volatility.
Though the upgrade promises significant enhancements, it has already faced multiple delays due to extended testing on networks like Hoodi and Sepolia. A smooth rollout may boost confidence and price, but any technical issues could trigger negative market reactions.
ETH Trend Signal at 1.22: Early Uptrend or Just Noise?
Ethereum’s BBTrend indicator is at 1.22, signaling a mild bullish bias. Over the past day, the BBTrend reached a high of 2.23, showing stronger momentum before pulling back slightly.
Although the current reading has cooled, it remains positive, suggesting the uptrend is not yet invalidated. Traders are watching whether BBTrend can rise again to confirm renewed strength or if momentum continues to fade.
The BBTrend (Band-Break Trend) is a volatility-based indicator designed to detect the strength and direction of price trends. Readings above 1.00 typically suggest a bullish trend, while readings below -1.00 indicate a bearish trend.
Values between -1.00 and 1.00 are considered neutral or trendless, signaling either sideways movement or weak conviction in either direction. The farther the BBTrend moves from zero, the stronger the trend, making values like 2.23 notable for trend confirmation.
However, it’s not a strong breakout level, meaning the price could still reverse if selling pressure increases or momentum fades.
A push back above 2.00 would likely confirm sustained bullish momentum, while a drop below 1.00 might indicate a return to consolidation or even a shift to bearish conditions.
Adding to the broader picture, the number of Ethereum whales—addresses holding between 1,000 and 10,000 ETH—currently stands at 5,463.
This number has fluctuated in recent weeks, struggling to break decisively higher. Whale activity is a critical on-chain signal, as these large holders often influence price movements through accumulation or distribution. A steady or rising whale count typically signals confidence and long-term accumulation, which could support ETH’s price in the coming weeks.
Conversely, a continued stall or drop in whale numbers may reflect hesitation among larger investors, potentially limiting upside momentum.
ETH Stuck in a Range as Traders Await Breakout or Breakdown
Ethereum price has traded between $1,828 resistance and $1,749 support since April 21. The range has held for over two weeks, showing market indecision.
The EMA lines remain bullish, with short-term averages still above long-term ones. However, they’re starting to converge, and a death cross could form soon.
Airdrop activity continues to heat up, with three newly launched tokens—SXT, RIZE, and DOOD—drawing investor attention in the fourth week of May. Space and Time launched its SXT token with an airdrop as a part of the new Chainlink rewards program.
Meanwhile, RIZE powers the Rizenet ecosystem, which is focused on tokenization and decentralized AI. DOOD, the native token of the Doodles NFT collection, joins the wave of NFT projects following the footsteps of APE and PENGU.
Space and Time (SXT)
The latest Space and Time (SXT) airdrop launched on May 8, 2025, as part of its official token generation event (TGE). The airdrop is integrated with Binance Launchpool and Chainlink’s new Rewards program.
The project is distributing 200 million SXT tokens into two batches, representing 4% of the total supply. Eligible users include participants in the Chainlink ecosystem, including LINK stakers, users who engaged in Space and Time’s testnet, and held Community NFTs.
Also, the SXT airdrop claim will be live until June 22.
SXT has been down since its airdrop, and if the correction continues, it could soon start trading below $0.10.
It needs a strong buying pressure to return to levels around $0.126, and if that one is broken, it could rise back to test the resistance around $0.163.
RIZE
RIZE is the native utility token of Rizenet, a decentralized platform for tokenizing real-world assets (RWAs), decentralized AI (DeAI), and DeFi.
The $RIZE token has multiple uses. It pays for tokenization services, grants access to tokenized assets, enables governance through token locking, and rewards contributions to decentralized AI models. RIZE is currently live on Kraken and Aerodrome.
From a technical standpoint, the RIZE token is at a critical point. If it manages to break through the resistance level at $0.064, bullish momentum could drive the price back toward the $0.10 region.
However, failure to maintain its current support at $0.0485 may trigger a downside move, with potential losses extending below the $0.040 mark.
Doodles
Doodles is a well-known NFT collection that originally gained popularity for its colorful, hand-drawn characters and strong community engagement.
It recently launched its own token, DOOD, marking its entry into the growing trend of NFT-native tokens—a path first carved out by Bored Ape Yacht Club with APE and later followed by Pudgy Penguins with the PENGU token in 2024.
Despite the initial excitement surrounding the DOOD airdrop, the token has struggled to maintain upward momentum, falling 35% over the last five days.
The price now faces a key resistance at $0.0052—breaking above this level would be necessary to signal a potential recovery and open the door for a move toward $0.00735.
However, continued bearish pressure could push DOOD below the $0.0040 support, marking new lows and further eroding market confidence.
