Key Takeaways
- SUI is the native cryptocurrency of Sui Network, a Layer-1 blockchain designed to deliver high-speed, low-cost transactions;
- You can easily purchase SUI coin on popular crypto exchanges, such as Binance, Bybit, and Kraken;
- While the token has promising future potential, it remains subject to significant market risks and price volatility.
SIUUUU... wait, no, that’s Ronaldo! You’re not trying to "buy" him (unless you own an oil-rich football club—then, by all means, carry on). You’re here to learn how to buy SUI crypto, and lucky for you, it’s way more affordable than signing a superstar athlete.
As of late 2024, the Sui network has skyrocketed in popularity, boasting over 18 million active accounts and 4.5 billion transactions. This growing traction and the buzz around its ecosystem have made its native coin readily available on prominent exchanges like Binance, Bybit, and Kraken. But with so many options, you might feel unsure about which one to choose.
Don’t worry; stick with me, and I’ll show you how & where to buy SUI coins to make this process as simple and stress-free as possible!
Did you know?
Subscribe - We publish new crypto explainer videos every week!
How to Get Free Crypto? (Explained with Animations)
Table of Contents
- 1. First Things First: Where to Buy SUI
- 2. How to Buy SUI Coin
- 2.1. How to Buy SUI on Bybit
- 2.2. How to Buy SUI on Binance
- 2.3. How to Buy SUI on Kraken
- 2.4. How to Buy SUI on Coinbase
- 2.5. How to Buy SUI on KuCoin
- 3. Key Considerations When Buying SUI Coin
- 4. How to Store Your SUI Coin Safely?
- 5. What Is SUI Coin?
- 6. Is SUI a Good Crypto to Buy?
- 7. Conclusions
First Things First: Where to Buy SUI
Before I explain how to buy SUI crypto, it’s essential to choose the right platform. There are plenty of options available out there, each with its features and benefits. The key is to find one that offers a good balance of security, ease of use, and functionality—something that works whether you’re just starting out or already have some experience in crypto.
Latest Deal Active Right Now:Sign up on Binance and claim up to $600 worth of rewards for completing simple tasks. Use Binance referral code (49316610) to activate the offer while it's still valid!
After comparing several options, I’ve picked a handful of platforms that offer a good mix of these qualities. These are my top recommendations for where to buy SUI coin:
- Bybit. Bybit offers competitive fees, strong security, and a clean interface that makes navigating the platform straightforward. It’s suitable for both newcomers and experienced users.
- Binance. Probably the most popular name among the options, Binance supports a wide range of cryptocurrencies and offers advanced tools for experienced traders and simpler options for casual buyers.
- Kraken. Well-known for its strong security and regulatory compliance, Kraken provides a reliable trading environment. Its user-friendly interface and excellent customer support make it easy to get help when needed.
- Coinbase. Ideal for newcomers, Coinbase offers a simple and intuitive interface that’s easy to navigate, allowing you to buy and sell crypto in just a few clicks.
- KuCoin. Another standout exchange with its support for over 700 crypto assets, more than 70 payment methods, and multiple features to explore.
Which one is the best choice for you will depend on several factors, including your country of residence, the payment method you want to use, and so on.
Read More: Best Cryptocurrency Exchange
How to Buy SUI Coin
Now that you know the top platforms to consider, let’s move on to how to buy SUI crypto on these platforms. Note that I’ll be using their desktop interfaces to explain the steps. But don’t worry—once you’ve got the hang of it, using the mobile version will be just as easy.
How to Buy SUI on Bybit
Bybit’s "One-Click Buy" feature simplifies purchasing cryptocurrencies like BTC, ETH, and, of course, SUI. This handy tool lets you seamlessly buy and sell digital assets using fiat. You can choose from payment methods such as bank cards, third-party providers, or your available balance.
That said, the available payment methods depend on the coin and fiat currency you select. Keeping that in mind, here’s how to buy SUI coin on Bybit:
Step 1: Create an Account. Sign up or log in to your Bybit account.
Step 2: Access the One-Click Buy Page. Once you’re in, head to the "Buy Crypto" option in the main bar. From there, select [One-Click Buy].
Step 3: Choose SUI. In the "Receive" section, click the dropdown menu to see a list of cryptocurrencies. Find and select [SUI] in the list (you can also type "SUI" in the search bar for quick search).
Step 4: Select Fiat Currency. In the "Spend" section, pick the fiat currency you’d like to use for your purchase from the dropdown menu.
Step 5: Enter the Amount. You can enter the amount of fiat you want to spend or the number of tokens you want to buy. Whichever you choose, Bybit will calculate the conversion for you based on the current market price.
Step 6: Choose Your Payment Method. Click on the "Payment Method" and select your preferred option.
Step 7: Confirm Purchase. Double-check the details and click [Buy] to proceed.
Step 8: Complete the Payment. Follow the on-screen instructions to finalize your payment.
Once your payment is confirmed, you’ll receive a notification about your transaction status. If successful, your tokens will show up in your account within 48 to 72 hours (depending on your payment method). If there’s an issue, you’ll get a notification explaining the reason and tips to resolve it.
To check your transaction status, simply visit the "One-Click Buy" order page and click the history icon. It’s an efficient way to keep tabs on your purchases.
Further Reading: Bybit Review
How to Buy SUI on Binance
Buying SUI on Binance is also straightforward, thanks to its "Express Buy" feature. With just a few clicks, you can purchase the tokens using payment options like debit or credit card, Google Pay, or Apple Pay. Here’s a simple guide to walk you through the process:
Step 1: Create an Account. Sign up or log in to your Binance account.
Step 2: Navigate to the "Buy Crypto" Page. Once inside, look for the [Buy Crypto] option on the upper-left corner of the screen and click it.
Step 3: Choose SUI. In the "Receive" section of the purchase panel, click the small arrow icon to open the dropdown menu. Scroll through the list or use the search bar to find and select the token.
Step 4: Select Your Fiat Currency. Next, head over to the "Spend" section. Click the arrow to display the available fiat currencies and pick the one you want to use for the transaction.
Step 5: Enter the Amount. Now, input either the amount of fiat you’d like to spend or the number of tokens you want to purchase. Binance will automatically calculate the conversion rate using the current market price.
Step 6: Choose a Payment Method. Click the "Payment Method" bar to view your options, then select the one that suits you.
Step 7: Review and Confirm. Double-check the transaction details and click [Buy] to proceed. If you’re using a payment method like VISA or Mastercard for the first time, you’ll need to select [Add New Card] and provide the required information.
Step 8: Complete Payment. Follow the instructions on the screen to complete the payment process.
And that’s how to buy SUI on Binance with ease! Once the purchase is complete, your tokens will be credited to your account. From there, you can choose to keep them in your account wallet, transfer them to a secure hardware wallet like Ledger Stax, or even stake them on Binance Earn for potential passive income.
Further Reading: Binance Review
How to Buy SUI on Kraken
If you're in North America or Europe and looking into where to buy SUI coin securely, Kraken is among the top choices. It's beginner-friendly, safe, and lets you start small—buying the token with as little as $10. Here’s how:
Step 1: Create an Account. Sign up or log in to your Kraken account.
Step 2: Navigate to the "Buy" Page. Once logged in, go to your account homepage and select the [Buy] option. Alternatively, you can click on [Buy Crypto] at the top of the page.
Step 3: Select SUI. In the search bar, type "SUI" and choose it from the dropdown list.
Step 4: Input the Purchase Amount. Enter the amount of cash you want to spend.
Step 5: Select a Payment Method. Click the [Pay With] bar to choose your preferred payment method. Once selected, hit [Review] to continue.
Step 6: Confirm and Complete Your Purchase. You’ll see a confirmation screen displaying the transaction details. If everything looks good, click [Confirm] to finalize the purchase.
And that’s it! You now have SUI in your Kraken account. From here, you can sell, convert, or hold your tokens as you see fit.
Further Reading: Kraken Review
How to Buy SUI on Coinbase
If you’re completely new to crypto and feel overwhelmed by trading platforms, Coinbase can make things much more manageable. Buying SUI on the platform is as easy as shopping for everyday items online (maybe even easier), thanks to its beginner-friendly layout and visually appealing interface.
Let me guide you through the process step by step:
Step 1: Create an Account. Sign up or log in to your Coinbase account.
Step 2: Add a Payment Method. Click your profile icon, go to [Settings], and then to the "Payment Methods" tab. Select [Add a payment method] and follow the steps to add and verify your choice.
Step 3: Navigate to "Buy & Sell". Now, head back to the Coinbase homepage and click on the [Buy & Sell] option.
Step 4: Select SUI. In the "Buy" panel, use the search bar to find the SUI token. Once you see it, select it from the list.
Step 5: Enter the Amount. Enter the amount in your chosen currency to decide how many tokens you want to buy.
Step 6: Complete Your Purchase. Click [Preview Buy] to double-check your details. Once you’re satisfied, hit [Buy Now] to finalize the purchase.
Once the order is processed, you'll be taken to the confirmation screen. And that's it! You've mastered how to buy SUI on Coinbase!
Further Reading: Coinbase Review
Did you know?
Subscribe - We publish new crypto explainer videos every week!
How to Track Cryptocurrencies? (3 BEST Tracking Platforms Revealed)
- Secure and reliable
- Low fees
- A good amount of fiat currencies accepted
- Reputable exchange
- Multiple fiat currencies are accepted
- Relatively low trading fees
- Fiat currencies - accepted
- Simple to use
- Accepts only the most trustworthy cryptocurrencies
- A leading cryptocurrency exchange platform
- Best for beginner investors
- Accepts fiat currencies
- Fully reserved and transparent
- Multiple tradable asset classes
- Early new token support
- 265 supports cryptocurrencies
- Secure & transparent
- Fully reserved
How to Buy SUI on KuCoin
Getting SUI on KuCoin is simple because of its easy-to-navigate interface and fast trade functionality. Let me show you how:
Step 1: Create an Account. Sign up or log in to your KuCoin account.
Step 2: Go to the "Buy Crypto" Page. Once logged in, head over to the "Buy Crypto" section. You’ll find it on the top left of the main navigation bar. Hover over it with your mouse, and from the dropdown, select [Buy Crypto].
Step 3: Select SUI. In the "I Will Receive" field on the "Buy" panel, click the small arrow to open the dropdown menu. Scroll down or use the search bar to find and select SUI.
Step 4: Choose Your Fiat Currency. Next, look at the "I Want to Spend" section. Click the arrow to view the list of supported fiat currencies, then choose the one you’ll use for this purchase.
Step 5: Enter the Amount. Now, input how much fiat you’d like to spend or the number of tokens you want to buy.
Step 6: Pick a Payment Method. Under "Payment With," click to see your payment options. Choose what works best for you.
Step 7: Review and Confirm. Double-check the transaction details and click [Buy SUI] to proceed.
Step 8: Complete Payment. Follow the steps to complete your payment. Once done, you’ll receive a confirmation of the successful transaction.
If something goes wrong, stay calm. Click [Retry] or return to the homepage to review the details. If the issue persists or you need extra help, KuCoin’s 24/7 customer support is readily available through online chat to assist you.
Further Reading: KuCoin Review
Key Considerations When Buying SUI Coin
You’ve gone through my list of five handpicked exchanges, but I get it—you might still have a few lingering questions. Maybe you’re wondering, “Which one is the best for me?” Or perhaps you’re curious about how to buy SUI on MetaMask or even through a Ledger wallet. (Spoiler: You can’t buy it directly on MetaMask or Ledger, but I’ll explain more later).
All valid concerns. While the five exchanges I mentioned are solid picks, there are indeed other reliable platforms out there where you can buy SUI. No matter where you look, though, a few key factors should guide your choice:
- Regional Compatibility. Always check if the platform is accessible in your country. Some exchanges may restrict specific tokens due to local regulations.
- Payment Options. Ensure the exchange supports payment methods you’re comfortable with, such as bank transfers, credit/debit cards, or digital wallets. Also, confirm your local currency is supported to avoid extra conversion fees.
- Transaction Fees. Fees can sneak up on you, so look at fixed and percentage-based costs. A little difference can add up if you’re making frequent or larger trades.
- Security Measures. Look for exchanges with 2FA, anti-phishing tools, and strong data encryption. It’s also worth checking whether the platform has a history of hacks or user complaints.
- Liquidity. This is especially important if you’re planning larger trades. Low liquidity on an exchange can lead to price slippage, meaning you might end up paying more than you expected.
- Platform Usability. Choose a platform that feels intuitive and matches your experience level. If you’re a beginner, having responsive and reliable customer support is also important in case you run into any issues.
So, if you’re exploring other platforms to buy SUI, keep these considerations in mind. They’ll help you make a wiser, more informed choice and hopefully save you some hassle along the way.
How to Store Your SUI Coin Safely?
As I mentioned, you might be wondering how to buy SUI on MetaMask or a Ledger—which, believe it or not, is a question I get asked pretty often. Unfortunately, neither of these wallets currently supports buying the token directly (at least as of the time of writing).
That said, both are still reliable choices for securely storing your SUI coin after you’ve acquired them elsewhere. Even so, Ledger is particularly excellent if your goal is long-term storage.
Ledger devices function as cold storage, making them significantly safer from online threats.[1] Additionally, they boast an industry-leading secure element chip and a proprietary operating system, providing top-notch protection for your digital assets.
So, if you’ve done your research and decided that SUI is a good crypto to buy, you should consider getting a Ledger device (like the Ledger Stax or Ledger Flex) for optimal long-term security. And if you already have one, here’s a step-by-step guide to store the tokens on it:
Step 1: Install Ledger Live. Download and install the latest version of Ledger Live.
Step 2: Connect Your Ledger Device. Open the Ledger Live app, connect your Ledger device via a USB cable, and unlock it.
Step 3: Install the SUI App. In Ledger Live, click "My Ledger" on the bottom-left side of the menu. Under the "App Catalog" section, use the search bar to find "Sui" and click [Install] when it appears.
Step 4: Install the Sui Wallet Extension. Close the Ledger Live app. Open your web browser (I'm using Chrome browser in the example) and install the "Sui Wallet" extension from the official web store.
Step 5: Set Up the Sui Wallet. Open the Sui Wallet extension and create a new wallet by selecting your preferred sign-in method.
Step 6: Connect Your Ledger to Sui Wallet. On the Sui Wallet home page, click [+ Add], then select [Set Up Ledger]. Then, click [Continue] when prompted.
Step 7: Open the SUI App on Your Device. On your Ledger device, navigate to the "SUI" application and press both buttons simultaneously to open it.
Step 8: Authorize the Connection. Back in your browser, a pop-up window will appear, prompting you to connect your Ledger device. Select your device and click [Connect] to proceed.
Step 9: Unlock Your Ledger Account. Select your Ledger account from the list in the pop-up, then click [Unlock] to link it with the Sui Wallet.
Step 10: Confirm Ledger Account. Click on your Ledger wallet address (marked with a Ledger tag) and select [Verify Ledger Connection]. Confirm the connection in your device to complete the process.
Step 11: Transfer Your SUI. Click the "Copy" button to copy your Ledger Sui account address. Use this address to send your SUI from wherever you purchased them to your Ledger wallet.
Congratulations! Your SUI is now safely stored in your Ledger wallet, ready for long-term safekeeping.
That said, before committing to hodling it for the long run, ensure you’ve done your homework and are confident that SUI crypto is a good investment. If you’re still unsure or need a refresher on what the token is all about, the next section will provide the information you need.
What Is SUI Coin?
SUI coin is the native cryptocurrency of the Sui Network, a Layer-1 blockchain designed to provide high-speed transactions without breaking the bank on fees. Thanks to this efficient structure, it’s no surprise that the project has sparked curiosity and encouraged more people to learn how to buy SUI coin and join the growing ecosystem.
Developed by Mysten Labs (a team of former Meta engineers, no less), Sui stands out for its use of the Move programming language. This innovative framework not only enhances security and efficiency but is also developer-friendly, making it easier for creators to build on the platform.
Building on this robust foundation, Sui has quickly gained attention since its launch in May 2023. Its distinctive scalability and practical applications have drawn interest from multiple sectors, including gaming, DeFi, and NFTs.
So, why should you care about learning how to buy SUI and hold it in the first place? Beyond the potential for investment gains, these tokens play a central role in Sui’s ecosystem. Here’s what you can do with them:
- Pay Transaction Fees. You can use the token to cover gas fees within the Sui blockchain, ensuring smooth and cost-effective transactions.
- Staking Rewards. By staking your SUI, you help secure the network through the Delegated Proof-of-Stake (DPoS) mechanism. In return, you could earn rewards as a token of appreciation for your contribution.
- Peer-to-Peer Payments: SUI enables fast, low-cost transfers, making it an efficient option for sending or receiving money directly from others.
- Governance Participation. Holding SUI gives you a voice in the ecosystem. You can vote on protocol upgrades and network policies, influencing the future direction of the blockchain.
As you can see, SUI offers a mix of practical uses and opportunities for earning and engagement. Whether you’re looking to explore blockchain technology, invest, or actively participate in a forward-thinking ecosystem, SUI has something to offer.
Is SUI a Good Crypto to Buy?
Whether SUI is a good crypto to buy entirely depends on your personal goals. If you’re genuinely interested in the project, its technology, and its growing community, learning how to buy SUI crypto and exploring its ecosystem might be worthwhile.
On the other hand, if your aim is to treat the token as a digital asset with the hope of future returns, you’ll need to approach it more thoughtfully. Here are some key factors to consider:
- Research the Project Thoroughly. I’ve shared some basics about SUI’s use case and advantages, but that’s just the tip of the iceberg. Take the time to dig deeper—explore its whitepaper, roadmap, and the unique features that differentiate it from competitors.
- Know Your Risk Tolerance. Be honest with yourself. Are you comfortable with the volatility of cryptocurrencies? Can you handle sharp price drops without losing sleep? If not, it’s wise to start small—invest an amount you can afford to lose while learning the ropes.
- Define Your Time Horizon. Think about whether you’re in it for the long haul or if you’re aiming for short-term gains. Holding SUI long-term might let you benefit from potential adoption growth, while short-term trading requires you to stay on top of market trends and act quickly.
- Understand the Regulatory Landscape. Crypto regulations differ from country to country, so it’s important to familiarize yourself with the laws in your region. Trading rules, tax implications, and restrictions can all have a significant impact on your ability to invest or trade.
While it’s true that the token has potential, if you ask me, “Is SUI crypto a good investment?” I can’t, in good conscience, look you in the eye and say, “Absolutely! Empty your savings and go all in—it’s going to the moon, brother!” That’d be downright irresponsible, especially with the significant market risks and price volatility involved.
Trust me, no one—not even the most advanced, futuristic technology out there[2]—can predict cryptocurrency prices with 100% accuracy. Let alone me, just a chill guy, just vibing, trying to keep it real with you.
That said, if you’re serious about SUI and want to keep track of its progress, there are multiple tools that can help. For instance, you can check out BitDegree's crypto price tracker and regular news updates. They make it easy to stay on top of market trends and the latest happenings in the cryptocurrency space.
Conclusions
By now, you should have a good grasp of how to buy SUI coin on your preferred exchange, whether it’s Bybit, Binance, Kraken, Coinbase, or KuCoin. With features like “Express Buy,” these platforms make purchasing the token quicker, easier, and more secure.
That said, if you’re buying SUI for trading or investment purposes, it’s important to know exactly what you’re getting into. Take the time to research the token thoroughly—understand what it’s all about and why it might deserve a spot in your portfolio.
After completing your purchase, consider transferring your digital assets to a reliable hardware wallet like Ledger Stax or Ledger Flex for ultimate long-term security.
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. Erinle Y., Kethepalli Y., Feng Y., et al.: 'SoK: Design, vulnerabilities, and security measures of cryptocurrency wallets';
2. John D. L., Binnewies S., Stantic B.: 'Cryptocurrency price prediction algorithms: A survey and future directions'.