What is Sei (SEI)?
Sei blockchain introduces the SEI token, focusing on decentralized smart contract execution, with an emphasis on enhancing order book exchange infrastructure. Leveraging the Cosmos SDK, akin to projects like Injective and Celestia, Sei differentiates itself through the Twin Turbo consensus mechanism. This innovation is an iteration on the traditional Tendermint algorithm, designed to address common blockchain challenges such as speed, cost, throughput, and scalability. The network's governance structure allows token holders to participate in decision-making processes. Sei's approach aims to streamline the operational aspects of decentralized exchanges, offering a solution that prioritizes efficiency and scalability while maintaining security through its proof of stake model.
How to buy Sei (SEI)?
Here's how to buy Sei on Coinsquare
To buy Sei, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying SEI. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select SEI from the list on the trade section
Coinsquare lets you trade SEI without leaving the app. You can also check the Sei price and convert SEI to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the SEI price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Sei (SEI)
Congratulations! You’re now the proud owner of SEI. You can either HODL or use it to exchange SEI to CAD.
Where do I keep my Sei (SEI)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add Sei (SEI) to your portfolio?
Create your account, fund it with spare change and get a little bit of SEI.
