Modern Australian
The Times

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

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.

Hoteliers Look to Clever Value Adds to Increase Revenue

The Australian hospitality industry is still in recovery mode after a notoriously rough patch in recent years. While there has been a post-COVID tra...

Moving to Queensland? Here’s How to Prep Your Car for the Big Move North

There’s no sign of the northern migration slowing down, with thousands of southerners fleeing from chaotic lifestyles and cooler climates for a brig...

Diesel Shortage to Impact Trades and Contractors

Strait of Hormuz blockage affecting all major parts of trades and construction Trades and construction across residential, commercial and industria...

Why Holiday Home Owners Turn to Rental Management Agents

The Allure — and the Reality — of Renting Out Your Property Owning a holiday home is a dream for many Australians. Whether it's a beachside sha...

Why Finding Reliable Doctors In Bundoora Is Important For Long-Term Health

Access to quality healthcare plays an important role in maintaining overall wellbeing and managing health concerns early. Trusted Doctors in Bundoor...

Understanding the Different Types of Car Services: Minor vs Major

When it comes to car maintenance, one of the most important things every vehicle owner should understand is the difference between a minor and a maj...

How Superannuation and TPD Insurance Work Together

Superannuation is an essential part of financial planning in Australia. It is designed to provide individuals with income during retirement, helping...

Tiny Towns funding granted for Mt Hotham and Mt Buller upgrades

Alpine Resorts Victoria (ARV) has welcomed funding support from the Victorian Government’s  Tiny Towns Fund, with both Mt Hotham and Mt Buller se...

Locksmith Services: Why Professional Security Solutions Matter More Than Ever

Security is a critical concern for homeowners, businesses, and vehicle owners alike. Whether it involves protecting a property, replacing damaged lo...

Why Tooth Fillings Are Important For Protecting Damaged Teeth

Cavities and minor tooth damage are common dental problems that can worsen if left untreated. Professional tooth fillings help restore damaged teeth, ...

The Connection Between Visibility and Driver Confidence

Operating a vehicle safely requires an immediate, uncompromised stream of visual information from the surrounding road environment. A driver's decis...

Important Things To Know Before Starting An SMSF Setup

Planning for retirement requires careful financial decisions, and many Australians are now looking for more direct control over how their superannua...

Why Retail Cleaning Plays a Key Role in Customer Experience and Business Success

Professional retail cleaning services are an essential part of maintaining a welcoming, safe, and professional environment for customers and staff...

Simple Ways to Make a Commercial Property More Appealing to Buyers

Selling or leasing a commercial property isn’t just about listing the square metres, taking a few photos and waiting for the right person to appea...

What Café Owners Should Know Before Upgrading Their Display Setup

A café display fridge does a lot more than keep cakes cold and sandwiches fresh. It quietly shapes the way customers browse, the way staff move beh...

Creating a Backyard That Feels Comfortable All Year Round

A great backyard doesn’t need to be huge, expensive or perfectly styled. Most of the time, the spaces people actually use are the ones that feel e...

How Homeowners Can Make Smarter Energy Decisions Before Upgrading

Energy upgrades used to feel like something you only looked into after a power bill gave you a nasty surprise. These days, though, more homeowners a...

Why Retail CX Breaks During Peak Sales Events and How to Prevent It

Retail customer experience has become one of the most important drivers of revenue growth, especially during high-intensity sales periods. However, ev...