Three Top Crypto Exchanges Announce Support for New Layer-1 Crypto Project
Three major cryptocurrency exchanges, Coinbase, Binance, and Kraken, have all announced their support for Sei (SEI), a layer-1 crypto project on the Sei Network. Here are the key points:
- Coinbase will add support for Sei (SEI) on the Sei network, with transfers available on Coinbase & Coinbase Exchange in supported regions.
- Kraken also announced the start of trading for SEI.
- Binance announced SEI trading and also showed support for another altcoin, CyberConnect (CYBER).
- Sei Network is a layer-1 blockchain designed for trading and exchanging digital assets, built on Cosmos.
- Sei Labs, the project behind Sei, raised $30 million from prominent industry investors to build the fastest layer-1 blockchain.
Hot Take
The simultaneous support from Coinbase, Binance, and Kraken indicates the potential of Sei as a promising layer-1 crypto project. With its focus on optimizing trading and asset exchange, Sei aims to become the fastest blockchain in the industry. It’s important to note that Sei is not limited to DeFi but also caters to various sectors like gaming, social platforms, and NFTs. This support from the top exchanges will likely boost the popularity and adoption of Sei in the crypto community.
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