Greetings, Pi42 traders!
We’re thrilled to announce the addition of SEI futures contracts that you can trade directly with the Indian Rupee (INR).
What is Sei (SEI)?
Sei is a next-generation blockchain platform specifically designed for decentralized finance (DeFi) applications. It focuses on:
- High Performance: Sei prioritizes lightning-fast transaction processing times, ideal for a seamless DeFi experience.
- Customizable Security: The platform offers configurable security features, allowing developers to tailor applications to their specific needs.
- Interoperability: Sei is built for interoperability, allowing it to connect seamlessly with other blockchain ecosystems.
Key Features of Sei (SEI):
- Tendermint-based Blockchain: Sei leverages the Tendermint consensus mechanism known for its scalability and security.
- Application-Specific Blockchains (ASBs): Sei allows for the creation of custom ASBs with tailored functionalities for specific DeFi applications.
- Inter-Blockchain Communication (IBC): Sei integrates with IBC technology, facilitating seamless communication with other blockchains.
Ready to Trade Sei (SEI)?
Here’s a quick guide to get you started:
- Login: Access your Pi42 account.
- Navigate: Head to the trading terminal.
- Select the Pair: Choose SEI-INR from the dropdown menu.
- Define Your Position: Enter your desired investment amount, select your preferred leverage, and adjust the percentage according to the minimum asset requirements.
- Set Limits (Optional): Establish Take Profit and Stop Loss orders to manage your risk.
- Execute Your Trade: Click “Buy/Long” or “Sell/Short” based on your market analysis.
- Track Your Trade: Monitor your open positions in the “Orders and Positions” section below the trading chart.
Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.