What is SEI, and How To Buy It?

Sei is a Cosmos-powered, Layer-1 blockchain designed to simplify the work of decentralized exchanges (DEXs) and align their functionality with that of centralized exchanges (CEXs). It claims to achieve 390 ms block finality, which could make it suitable for high-frequency trading and real-time transactions. 

Another goal of this network is to enhance scalability and developer flexibility. It supports the creation of non-fungible tokens (NFTs) and play-to-earn games. 

SEI is the native cryptocurrency of the Sei blockchain, and allows participants to cover network fees when conducting transactions. It also plays a role in staking to bolster security, and provides participants with governing rights within the network. Crypto aficionados can track the value of SEI, including other crypto prices, on CEX.IO. 

Read on and find out how to buy SEI with a credit or debit card hassle-free. 

Where to Buy SEI

Curious participants can obtain SEI through CEX.IO and several other leading crypto exchanges. Our platform welcomes both newcomers and seasoned enthusiasts, offering numerous pathways to buy SEI, including direct purchases through Instant Buy, or trading pairs with other cryptocurrencies, like USD and USDT, via CEX.IO Spot Trading. 

How to register on CEX.IO

Eligible participants can create an account through a web browser, or on their smartphones by downloading our crypto mobile app. Below are the steps to sign in: 

• Visit the official CEX.IO website
• Click Register
• Enter your country of residence, email, and generate a strong password
• Confirm account activation by typing in the verification code sent to your email
• Complete the identity verification process 

Note: Complying with the KYC/AML requirements contributes to a healthier and more secure product ecosystem, allowing verified users to seamlessly buy, sell, convert, and store SEI, as well as other cryptocurrencies, on a free crypto wallet provided by the CEX.IO.  

Available payment methods to obtain SEI on CEX.IO

Eligible customers can acquire SEI through several available methods, such as: 

• Credit/debit cards
• Bank transfers 
• E-wallets (Skrill, Neteller)
• GooglePay and ApplePay

However, please note that the availability of certain payment methods may differ by region. For example, U.S. residents can buy crypto with Paypal (check the supported assets here) or their credit and debit cards issued by VISA or MasterCard. However, participants are always encouraged to conduct thorough research before registering at crypto exchanges. 

How to buy SEI with a credit and debit card on CEX.IO

Once registered, users can access a range of our features and services, including Instant Buy. This is the most straightforward and beginner-friendly method for acquiring SEI, and other digital currencies. Here’s a step-by-step guide on how to purchase SEI with a credit or debit card instantly: 

1. Locate Instant Buy
2. Select SEI from the list of supported cryptocurrencies.
3. Pick a preferred fiat currency (EUR, USD, or GBP) from the dropdown menu.
4. Choose the specific amount you wish to buy/spend.
5. Determine a funding method.
6. Verify all transaction details are correct.
7. Confirm the transaction.

How to buy SEI in the U.S.

Unfortunately, SEI is not currently available for U.S. residents. However, enthusiasts looking to buy crypto in the U.S can still choose among 30+ other listed digital assets.

For example, verified members can buy USDT using a credit or debit cards, as well as alternative methods, including: 

• PayPal
• Google Pay
• Apple Pay 

FAQs

How to buy SEI with a bank account?

Eligible customers can buy crypto with a bank transfer, such as SEI, using fiat deposits. Users can explore the available payment methods in their region on our Limits and Commissions page. 

How to store SEI?

SEI can be stored with our custodial wallet services, available via a web browser or CEX.IO App. Alternatively, users can elect to store their portfolio on separate hardware or software, depending on their unique crypto needs.  

Who is behind SEI crypto?

Jeffrey Feng and Jayendra Jog, alongside Dan Endlebeck, the creator of other Cosmos-based projects like Sentinel and Exidio, lead the Sei blockchain, and its native token, SEI.