Buy, Sell, and Trade SEI on CoinList
We’re excited to announce that SEI is now available for trading on CoinList and CoinList Pro.
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The Sector Specific Layer 1: Giving Exchanges The Unfair Advantage
Sei is a sector-specific Layer-1 chain, built on Cosmos with one purpose in mind – to become the go-to chain for the new decentralized exchanges (DEXs) across DeFi, NFTs, and gaming.
Sei is built with the Cosmos SDK, allowing it to be sector-specific and focused on trading. However, unlike the app-specific blockchains (like dYdX or Osmosis) of the Cosmos ecosystem that build a blockchain for only one application, Sei is a blockchain for many applications that are all within a sector — DEX applications. It aims to achieve its goals with improvements across performance, security, and interoperability.
Sei promises lightning-fast transaction finality of 500ms and 20,000 orders per second (source). If achieved, this transaction speed would put Sei on par with centralized exchanges in terms of order execution, and would exceed current DEXs in the market. Sei has positioned itself as the “Decentralized NASDAQ” for its focus on providing a CeFi trading experience with DeFi tools.
SEI is the native utility token of the Sei blockchain. Its use cases include:
- Network Fees: Pay for transaction fees on the Sei blockchain.
- Trading Fees: SEI can be used as fees within exchanges built on the Sei blockchain.
- Governance: SEI holders can engage in future governance of the protocol.
- Validator Staking: SEI holders have the option to delegate their holdings with validators or stake their tokens to run their own validator and help secure the network.
As SEI’s token economy continues to grow, CoinList users will have a full-featured and trusted trading venue to access the Sei ecosystem.
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Legal Notice
*SEI trading is not available to citizens and/or residents of the U.S., Canada and other unsupported jurisdictions. For more information on unsupported jurisdictions see here.
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