Business Telegraph

.
The Times Real Estate

.

BingX will be the First CEX to List SEI Coin, Airdrop Guide Released in May

  • Written by Telegraph Magazine
SINGAPORE - Media OutReach - 14 August 2023 - BingX, a cryptocurrency exchange , is excited to announce the launch of the Layer 1 public chain project SEI on August 15th, becoming one of the first CEXs to launch SEI coin.
At the same time, the airdrop guide for SEI tokens was also released earlier on May 31st to help users understand the related activities of token airdrops.

SEI stands as a layer 1 public blockchain operating within the COSMOS ecosystem, with a specific emphasis on fostering decentralized finance (DeFi) applications. Garnering a valuation of $800 million and backed by $100 million in funding, SEI has swiftly risen to prominence, joining the ranks of notable public blockchain endeavors like Aptos and Sui. What sets SEI apart from Aptos and Sui is its strategic decision to harness the power of the COSMOS ecosystem rather than constructing its own from scratch. This deliberate approach enables SEI to channel its energies into DeFi pursuits, culminating in a substantial surge in transactions per second (TPS) to approximately 20,000—a remarkable 80% surge compared to the capabilities of COSMOS. Additionally, SEI's technological methodology encompasses the parallel processing of blockchain transactions, setting it apart from conventional queuing methodologies.

In order to foster community involvement, SEI has set aside 1% of the token supply for SEI airdrops. The team at QA.BingX has introduced a detailed airdrop handbook to streamline community engagement. This guide presents a series of clear steps, guaranteeing that users can effortlessly access their test tokens and accrue points by taking part in airdrop missions. By successfully accomplishing designated tasks, participants have the opportunity to amass points, which subsequently dictate the quantity of tokens they receive in the airdrop distribution.

BingX is committed to conducting thorough evaluations of projects featured on its platform. A dedicated team of skilled researchers diligently analyzes the inherent risks associated with new coin projects before granting them a place on the exchange. This stringent evaluation process ensures that only projects meeting the highest standards are showcased on BingX's prestigious spot trading platform.

Moreover, BingX maintains vigilant supervision over the stability and performance of projects listed on its platform, even after their initial introduction to the trading arena. This ongoing assessment phase enables BingX to reassess the project's suitability for potential inclusion on its Futures trading platform. Through this meticulous approach, BingX aims to minimize potential risks for traders and establish a trading environment that is both secure and reliable.
Hashtag: #BingX

The issuer is solely responsible for the content of this announcement.

About BingX

Founded in 2018, BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Trade crypto pairs like & on BingX platform, suitable for all trader levels.

Entrepreneurs & Leaders

Is It Ethical to Buy Clubhouse Room Visitors? Debunking Common Myths

Clubhouse has become a go-to platform for discussions, networking, and sharing ideas in real-time. With so many rooms to...

Work Injury: Should You Call A Lawyer After Work Accident?

Although work injuries are not common, especially for those who don’t work in industries, they sometimes occur. Most e...

SEO: Revolutionizing The Presence On the Internet Through Services Offered

Establishing a web presence cannot be overemphasized for any business to be competitive in today’s digital-first economy...

Elevate Your Workplace Safety: The Power of Premium Hi-Vis Work Shirts

Hi-vis work wear is becoming popular in Australia. These reduce the risks of accidents by enhancing visibility. Also, th...

Essential Sweatshirt or Essential Hoodie: Which One Is Right for You?

When it comes to high-end streetwear, Fear of God Essentials Sweatshirt  has carved out a niche for itself, blending l...

Steam Cleaning Carpets vs Other Methods: Which One is Better?

Maintaining clean carpets is necessary for the overall look and health of your home or business. With various cleaning...

Buy vs. Lease: 6 Tips for Making the Right Call on Business Equipment

Photo: chris robert / Unsplash Every major equipment purchase presents business owners with a crucial decision: buy or ...

Breaking Down the Basics of Business Partnership Agreements in Sydney

Agreements Over Business Partnership are important as they discuss and define the roles, functions, and expectations...

20ft Shipping Containers as a Sustainable Choice for Construction Projects

There is a sharp increase in the demands for sustainable building materials in modern architecture. Among the newest...