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
Simple 3-step guide to buying SUI today in Panama
Create your free Bitget account
Select a funding method
Complete your Sui purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Sui using a payment method of your choice:
Buy Sui with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Sui order.
How to buy crypto with credit/debit cardBuy Sui with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Sui is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Sui order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Sui order.Buy Sui with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Sui order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Sui in your Bitget spot wallet
Bitget—where the world trades Sui
How to buy Sui for free
- Learn how to earn Sui for free through the Learn2Earn promotion
- Earn free Sui by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Sui airdrops by joining On-going challenges and promotions
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A transcontinental country spanning the southern edge of North America and the northern tip of South America, the Republic of Panama shares its borders with the neighboring countries of Colombia and Costa Rica, with the Pacific Ocean running along its southern side and the Caribbean Sea to the north. Considered a high-income economy, canal tolls make up a large portion of Panama’s GDP, although its commerce, banking, and tourism industries are growing significantly in recent years.
Sitting at the heart of the country is Panama City, its capital and largest city that serves as home to almost half of the country’s four million in population. As one of the most popular tourist destinations in the Western Hemisphere, over two million people visit this city every year, generating an income upwards of US$1.3 billion annually. While in Panama City, you’ll be able to check out the more modern parts of the bustling city while reconnecting with some of its historic roots through visiting Panamá Viejo, the city’s old town district. For nature lovers, the country also has a lot to offer, from the tropical islands of Bocas Del Toro to the national parks of Volcan Baru, Soberania, and Barro Colorado.
The official currency of Panama is the Balboa (PAB), although USD is also widely used there, and you can purchase Sui(SUI) in just a matter of minutes, no matter where you are in the country, from Panama City and Colon to David and San Miguelito. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.