SEI Token Listed on Coinbase
Sei network, a newly-launched layer 1 protocol, has announced that its native cryptocurrency, the SEI token, is now listed on Coinbase, one of the largest US-based cryptocurrency exchanges. The Sei blockchain claims to be the fastest in the industry and has gained attention in the crypto community.
Key Points:
- Sei token was introduced on the Binance Launchpool program in August.
- SEI started trading a few days ago.
- Coinbase will support SEI on the Sei network.
- Trading is expected to begin today, subject to liquidity conditions.
- SEI trading pair (SEI-USD) will launch in phases.
SEI Token Gains Traction in Korea
SEI token has also seen increased trading activity in South Korea. BTSE CEO, Jeff Mei, noted that the Sei network’s online community has connected well with the South Korean retail market. Trading volumes have surged on local exchanges like Bithumb and Upbit.
Hot Take
The listing of SEI token on Coinbase and its growing popularity in Korea showcase the potential of the Sei network. With claims of being the fastest blockchain in the industry, Sei has attracted attention from both investors and users. It will be interesting to see how the project develops and if it can deliver on its promises.
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