Coming soon to the USA! While our services may not be available yet, sign up now to stay in the loop as we bring our innovative crypto solutions to America.

Buy Sui

Sui

SUI
$0.000USD
Past performance is not indicative of future results. All prices are sourced from CoinJar Indices.
SUI price calculator
USD
SUI
Buy SUI

Overview

86Popularity
Smart Contract PlatformAsset type
2023Active since
Official site

What is Sui?

SUI is the primary currency of the Sui blockchain, serving various functions within its network. It is used for paying gas fees, executing transactions on the chain, and staking for network security. Additionally, SUI holders can participate in the project's governance, influencing its future direction.

The total supply of SUI is capped at 10 billion, with around 528 million tokens, or 5.28% of the total supply, currently in circulation in the market.

The Sui Foundation holds 50% of the total SUI supply. These funds are allocated towards various initiatives, including delegation programs, grant programs, research and development, and validator subsidies. Mysten Labs Treasury has been allocated 10% of the supply. Early contributors received 20%, 14% is earmarked for fundraising, and 6% is dedicated to a Community Access Program.

What is Sui blockchain?

SUI is a layer 1 blockchain that was designed to address blockchain technology challenges such as scalability, instant transaction finality and user interaction. The team at Mysten Labs developed SUI to enable more scalable and user-friendly blockchain applications. Sui aims to increase its scalability without compromising on security by using a combination of the native programming language Move, parallel processing of transactions, and delegated proof-of-stake consensus mechanism.

Unlike traditional blockchain systems, which often struggle with network congestion and high transaction fees, SUI is built to be highly scalable. This scalability is achieved through consensus mechanisms and network design, allowing higher throughput and faster and more efficient transaction processing.

Another aspect of SUI is its focus on improving user interaction with blockchain technology. The developers behind SUI have put considerable effort into ensuring that the platform is accessible. This user-centric approach is evident in the platform's interface and the tools provided for developers, which aim to simplify the process of building and deploying dApps on the SUI blockchain.

Governance is an essential part of the SUI ecosystem. The platform adopts a decentralized governance model, allowing stakeholders to have a say in its development and management.

By providing a scalable, user-friendly platform for dApp development, SUI is well-positioned to contribute to the evolution of blockchain technology.

logo_payment-method_mastercard.svg
logo_payment-method_apple-pay.svg
logo_payment-method_google-pay.svg

Bank transfer, debit card or crypto?

Buy Sui instantly with your bank account, Visa or Mastercard debit card. Get cash in your account with ACH. Convert crypto-to-crypto with a single click.

How to buy Sui with CoinJar

Start your cryptocurrency portfolio with CoinJar by following these simple steps.
Step oneDownload the appGet the CoinJar app on iOS or Android.
Step twoCreate an accountSign up and verify your ID – it only takes a couple of minutes.
Step threeMake a purchaseBuy Bitcoin and almost 50 other cryptos with your bank account, Visa or Mastercard debit card.
Get the CoinJar app
App store
App Store Rating - Apple
App store
App Store Rating - Google (UPDATED).svg
AppReviews logo
Great
Trustpilot ratings 4 star
TrustScore 4.2 |Trustpilot

Featured In

mastercard_pay_mark_0350ee9c9b.svg
apple_pay_mark_7d779715ad.svg
google_pay_mark_800_1_d4e5c13bff.svg
footer_logo_1_6a238f8aff.png

CoinJar App

All-in-one crypto wallet
Buy, sell and send your crypto with the favourite cryptocurrency app in the US.

Check out these other popular cryptos

Open your CoinJar
App storeApp store

Your information is handled in accordance with CoinJar’s Privacy Policy.

Copyright © 2023 CoinJar, Inc. All rights reserved. The products and features displayed on this website are representative of our Australian and UK services and certain features may not be offered to customers residing in the United States, depending on applicable state and federal regulations.

Google Pay is a trademark of Google LLC. Apple Pay and Apple Watch are trademarks of Apple Inc.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

CoinJar logo
CoinJarGet the app.