How to Buy Sui (SUI)

Sui is a layer-1 blockchain created to reduce delays or lag times in processing transactions. It emphasizes "transaction finality," and aims to ensure that once transactions are confirmed and added to the blockchain, they cannot be reversed or altered. 

Its architecture was designed to quickly handle a large volume of transactions, making Sui potentially suitable for applications requiring high throughput. As such, this network could be of use in gaming and financial sectors that require the support and security of real-time applications. 

SUI is the native cryptocurrency of the Sui blockchain. It serves as a store of value, to facilitate transactions, and incentivizes network participants, such as validators and developers, through fees and rewards.

In this article, we’ll explore where and how curious participants can buy SUI. 

Where can I buy SUI?

Not all crypto exchanges support SUI. Because of that, interested parties should conduct thorough research and make sure their selected trading platform supports this cryptocurrency before registering. 

SUI enthusiasts can obtain their favorite cryptocurrency on CEX.IO through our crypto mobile app, or newly launched cryptocurrency market trading platform, CEX.IO Spot Trading. 

How to buy SUI with CEX.IO?

CEX.IO offers numerous avenues to acquire SUI tokens. The most intuitive way is through our Instant Buy feature, tailored with beginners in mind. Using this method, purchased cryptocurrency will be transferred to the user's online crypto wallet instantaneously. Here are the steps to buy SUI: 

1. Register – Create an account by providing your email address and creating a strong password. Complete registration by verifying your email.  
2. Locate Instant Buy – Head over to Instant Buy on your dashboard. From there, choose a fiat currency (USD, GBP, EUR) to conduct the transaction, and select SUI from the dropdown menu. Then, click Buy Crypto Instantly. 
3. Enter the amount – On the purchase page, choose the amount you wish to spend. Below  we’ll display the corresponding quantity of SUI you'll receive for the chosen amount.
4. Pick a payment method – Once you've confirmed the amount, select the preferred payment method, and initiate the transaction. In addition to credit and debit cards, other available solutions include Google Pay, Apple Pay, PayPal, bank transfers, e-wallets, and wire transfers. 
5. Confirm the transaction – Finally, enter a one-time password (OTP) via SMS or email to approve the payment. The confirmation method may vary across card issuers. For further assistance, follow the instructions provided on our payment page.  

Note: The availability of payment methods may differ between jurisdictions. Make sure to conduct your due diligence before purchasing SUI.

How to buy SUI with a credit or debit card on CEX.IO?

Upon selecting the desired currency and entering the amount a user wishes to spend on SUI, customers can choose credit/debit cards as the preferred method of payment. From there, participants need to fill in the following information:

• Card number
• CVV
• Expiration date
• Label

Enthusiasts are encouraged to double-check the details before proceeding with the payment to prevent possible errors that may lead to a declined transaction. 

Alternative methods for purchasing SUI

Additionally, CEX.IO offers other convenient gateways for buying crypto in the U.S., as well as other regions. However, the availability of certain methods may differ between jurisdictions. For example, U.S. residents have the following solutions at their disposal:

• Purchase with credit and debit cards
• Buy crypto with Paypal
• Buy crypto with Google Pay
• Buy crypto will Apple Pay

On the other hand, customers residing outside the U.S. have other payment processors available, like: 

• Skrill
• Neteller
• Bank transfers (SEPA, SWIFT, Faster Payments)

FAQ

How to buy SUI in the U.S.?

Unfortunately, SUI is not currently available for purchase by U.S.-based participants, although this may change in the future. In the meantime, consider checking our crypto prices section to explore possible alternatives. For example, U.S. customers can buy Tether, Bitcoin, Cardano, Ethereum, SHIBA INU, and 30+ additional digital assets available in their jurisdiction. 

How to buy SUI with a bank account?

After passing the verification process and providing proof of residence, customers become eligible to obtain SUI with their bank accounts. Users can select SEPA for euro-denominated transactions, or choose international transfers (SWIFT) if residing outside the European Union and European Economic Area. As noted above, purchasing crypto via bank transfer is not currently available to the U.S.-based participants.  

How to store SUI?

Customers can use a custodial wallet provided by CEX.IO to secure their SUI and perform transactions seamlessly via a web browser or mobile app. Alternatively, physical wallets may be used to keep private keys offline.