Business Daily Media

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.

News from Asia

Expanding Horizons: Uzbekistani Student Dulatkhan Charts His Future at CUHK

HONG KONG SAR - Media OutReach Newswire - 7 August 2026 - As global higher education evolves rapidly, Central Asian students are increasingly looking beyond traditional Western destinations. For D...

Hang Lung Group and Hang Lung Properties Appoint New Chief Executive Officer

HONG KONG SAR – Media OutReach Newswire – 7 August 2026 – Hang Lung Group Limited (SEHK Stock Code: 00010) and Hang Lung Properties Limited (SEHK Stock Code: 00101) (collectively referred to as "H...

CIID Hong Kong Center Established: Andrew Lam, Founder of am PLUS DESIGNS, Appointed Vice Chairman

Mentored by Industry Masters and Winner of the iF Design Award, Andrew Unlocks a New Paradigm for High-Net-Worth Residential and Diverse Commercial Spaces from an Eastern Aesthetic PerspectiveHONG ...

Sentosa GrillFest 2026 Returns with Its Largest Line-Up Yet: 42 Food Vendors, First-Ever Omakase-Inspired Beachfront Dining and Returning Crowd Favourites

Debut of Chef's Grill, an air-conditioned omakase-inspired eight-course dining experience co-curated with the Singapore Chefs' Association Longstanding fan favourites Craf...

Vinhomes advances urban development platform amid global shift toward nature-positive investment

HANOI, VIETNAM - Media OutReach Newswire - 7 August 2026 - As global institutional capital increasingly redefines value creation in real estate, Vinhomes, Vietnam's largest listed real estate deve...

Create Meaningful Family Moments This Mother's Day Holiday with ONYX Hospitality Group

BANGKOK, THAILAND – Media OutReach Newswire – 7 August 2026 – One of the simplest ways to express your love is by spending quality time with the people who matter most...

Sunlight Real Estate Investment Trust ("Sunlight REIT") Interim Results for the Six Months Ended 30 June 2026

HONG KONG SAR - Media OutReach Newswire - 7 August 2026 - Henderson Sunlight Asset Management Limited (the "Manager") announces the interim results of Sunlight REIT for the six months ended 3...

Holistic Way Unveils New Plant-Based Menopause Relief Supplement

SINGAPORE – Media OutReach Newswire – 6 August 2026 – JR Life Sciences Pte Ltd, the company behind Singapore's No. 1 Health-Supplement Brand, Holistic Way, announced the launch of its newest inno...

YF Life Claims "Branding Initiative of the Year - HK" at Insurance Asia Awards 2026

Pioneering "Invesurance" Philosophy for 50th Anniversary Campaign Secures Prestigious Industry HonorHONG KONG SAR - Media OutReach Newswire - 6 August 2026 - YF Life Insurance International Ltd. (...

Share, Care, and Connect Over a Meal With Pay It Forward Malaysia

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 6 August 2026 – A lot of people wish to do something kind for the world around them. However, most struggle finding an appropriate platform...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...