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What can you do with Sui?
Store/Hold Sui
Many users hold on to their Sui with the expectation of it increasing in value. You can store your SUI safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Sui
You can trade Sui for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Sui trading to meet your needs.
Send Sui
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Sui online and send to anyone and anywhere with their Sui address.
Spend Sui
You can also buy goods and services with your Sui. More and more vendors and retailers accept Sui every day.
Donate Sui
Bitget Charity accepts Sui donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Sui so no one misses out on the growth made possible by blockchain.
Learn More About Sui
You can read more in-depth articles on Sui from Bitget Research and study how cryptocurrencies like Sui work on Bitget Academy
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What is Sui (SUI)?
Sui is a layer-1 blockchain that is designed to enable developers to create web3 experiences for a large number of users. Sui offers scalability and low-latency for simple use cases, and uses a unique data model to allow parallel agreement on transactions. Sui was introduced in 2022 and it aims to be the first internet-scale programmable blockchain platform. SUI, the native token of the blockchain, is scheduled to be released in the first half of 2023.
How Sui (SUI) Works
Sui blockchain is designed to optimize simple transactions, allowing them to be processed quickly without the need for consensus. Transactions are validated individually and not grouped together, which helps reduce latency. Sui does use a consensus protocol called Narwhal, but only to validate transactions involving shared objects. In Narwhal, everyone needs to agree on the rules. If someone tries to cheat or break the rules, the group will notice and the process won't continue until everyone agrees on what to do. This helps make sure that the transactions are secure and everyone can trust the network.
The unique design of SUI allows for parallel processing of transactions that are independent of each other, which makes the blockchain highly scalable and efficient.
Sui's native token, SUI, is used to pay for gas and is also used as delegated stake on validators.
How Many Sui (SUI) Tokens Are in Circulation?
As SUI is not released, the data on its supply is not tracked.
How to Buy Sui (SUI)
Consider investing in Sui (SUI)? It only takes 2 minutes to create an account on Bitget and start trading SUI.
Check out how to get SUI on Bitget here!
Sui (SUI) Resources
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