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Three prime cryptocurrency exchanges are concurrently saying help for a brand new layer-1 crypto challenge.
In new statements, Coinbase, Binance, and Kraken all announce help for Sei (SEI) on the Sei Community.
Says US-based change Coinbase,
“Coinbase will add help for Sei (SEI) on the Sei community. Don’t ship this asset over different networks or your funds could also be misplaced. Transfers for this asset can be found on Coinbase & Coinbase Change within the areas the place buying and selling is supported.”
Kraken equally introduced in a weblog publish that buying and selling for SEI would start as we speak.
Binance introduced SEI buying and selling collectively whereas concurrently saying help for an additional altcoin, CyberConnect (CYBER).
Sei Community’s is a layer-1 blockchain constructed on Cosmos that’s optimized for buying and selling and the exchanging of digital property, and is designed to be a resilient, monolithic chain.
Sei Labs raised $30 million from a number of high-profile traders within the trade earlier this yr to construct the “quickest layer-1.”
Says the challenge’s web site,
“Sei is a common goal, open-source Layer 1 blockchain specialised for the change of digital property. Leveraging a novel consensus and technical breakthroughs, Sei is the quickest blockchain within the trade.
A standard false impression is that Sei is a DeFi chain. Nevertheless, the change of digital property is common throughout gaming, social, and NFTs (non-fungible tokens). Buying and selling is common goal.”
SEI launches because the 104th largest crypto by market cap.
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Disclaimer: Opinions expressed at The Every day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses you might incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in internet affiliate marketing.
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