Investors had been eagerly awaiting the listing of two highly anticipated altcoin projects, CyberConnect (CYBER) and Sei (SEI), on various exchanges including Binance.
These listings caused significant price surges for both CYBER and SEI. Additionally, Coinbase had news related to SEI.
Coinbase announced its plan to support SEI with the following statement:
“Coinbase is set to provide support for Sei (SEI) on the Sei network.
Please ensure that you only send this asset on its specific network to avoid any potential loss of funds. Transfers for this asset are available on both Coinbase and Coinbase Exchange in regions where trading is permitted.
Trading for SEI is expected to commence later today if there is sufficient liquidity available.
As the supply of this asset increases, trading will gradually open for our SEI-USD trading pair.
Please note that SEI support might be limited in certain supported regions.”
Coinbase will add support for Sei (SEI) on the Sei network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets 🛡️📞 (@CoinbaseAssets) August 15, 2023
As of now, SEI, which is listed on Binance, is still trading at a price of $0.185.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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