How to Buy $SUI on Bitunix

For this guide, we are using Bitunix. Established in 2022, Bitunix is a centralized exchange that supports over 540+ cryptocurrencies, including SUI. It has grown to serve over one million users and is known for its straightforward interface, competitive fees, and no mandatory KYC for spot trading.

Bitunix applies a flat trading fee of 0.10% for both maker and taker orders. This, combined with direct access to SUI/USDT trading pairs, makes it a practical choice for users looking to acquire and manage SUI tokens efficiently. Additionally, Bitunix offers a 1.50% yield on SUI holdings, the highest among all listed exchanges, allowing users to earn passive income while holding their tokens.

Just follow the steps below to buy SUI tokens on Bitunix Exchange:

Step 1: Open Bitunix’s main website in your browser. Sign up for an account to begin trading.

Step 2: Once registered, find the “Spot” tab on the homepage. Hover over it and choose “Spot”.

Step 3: Now you’re on the Spot trading page. Click on the “Assets-list”, search for “SUI” and pick “SUI/USDT”.

Step 4: On the right side, locate the Buy/Sell panel. You can place either a Market or Limit order.

Step 5: Type the SUI quantity in the “Order Quantity” field or set a USDT value in the “Amount” section. You may also use the slider.

Step 6: When ready, review everything and click “Buy SUI” to submit your order.

 

Fees When Buying Sui Tokens on Bitunix

Bitunix maintains a fixed spot trading fee of 0.10%, applicable to both maker and taker transactions. For example, if you place a market order to purchase $100 worth of SUI, your total fee will be $0.10, and you will receive $99.90 in tokens.

There are no additional trading charges, though standard blockchain network fees apply when transferring tokens off the platform. Bitunix does not currently offer trading discounts through a native token.

 

How to Transfer $SUI to a Web3 Wallet (Nightly Wallet)

After purchasing SUI, the next step for most users is moving their tokens off the exchange. This is often done to access Sui-based applications, manage tokens securely, or prepare for on-chain activity that requires a self-custodial setup.

Nightly Wallet is a dedicated Sui wallet built for exactly this purpose. It’s non-custodial, available as a browser extension, and supports seamless interaction with the Sui network. Once installed and set up, it generates a native Sui address for token transfers.

Step 1: Hover over the “Wallet” icon at the top menu and click on “Spot Account” from the dropdown.

Step 2: Inside your Spot Account dashboard, locate your SUI balance in the list of available assets and hit the “Withdraw” button next to it.

Step 3: You’ll be redirected to the withdrawal form. Ensure the “Coin” field is set to SUI.

Step 4: In the “Network” dropdown, choose SUI as the network.

Step 5: Open your preferred Web3 wallet, copy your SUI network deposit address, and paste it into the “Withdrawal Address” field on Bitunix.

Step 6: Specify the number of SUI tokens you want to withdraw in the “Withdrawal Amount” box.

Step 7: Double-check all details, especially the wallet address, selected network, and amount. Once you’re confident everything is accurate, click “Withdraw” to initiate the transfer.

Moving your SUI from Bitunix to Nightly ensures you retain full control over your assets and can begin interacting with supported dApps. Transfers are generally quick and can be verified on SuiScan once the transaction is processed.

 

Sui Network Explained

Sui is a Layer 1 blockchain designed to offer fast, low-cost transactions without compromising on scalability. Developed by Mysten Labs, it uses the Move programming language, which was originally created by former Meta engineers. What sets Sui apart is its unique object-based model that allows transactions to be processed in parallel, significantly improving speed and throughput.

Alt text: Sui Protocol

This architecture makes Sui particularly suitable for applications like gaming, NFTs, and real-time finance. The network is built to scale efficiently as demand grows, all while maintaining decentralization and strong security guarantees. The native token, SUI, powers the ecosystem by covering transaction fees, enabling staking, and supporting governance activities across the platform.

 

Bottom Line

Buying SUI tokens is a straightforward process when approached with the right tools. Bitunix offers an accessible entry point with low fees, broad token support, and no KYC barrier for basic trading. Once purchased, transferring SUI to a supported wallet allows users to engage directly with the Sui ecosystem, whether for staking, dApps, or long-term storage.

 

FAQs

1. What is the easiest way to buy SUI tokens?

The easiest way to buy SUI is through a centralized crypto exchange that lists it. You’ll need to create an account, deposit funds (usually in USDT or another stablecoin), and place a trade for SUI.

 

2. Do I need a wallet to buy SUI?

You don’t need a wallet to buy SUI on an exchange, but you will need one if you plan to transfer your tokens for long-term storage or to use them in DeFi apps built on the Sui Network.

 

3. Can I buy SUI with a credit or debit card?

Some exchanges support direct crypto purchases using credit or debit cards. If SUI isn’t available directly, you can buy a supported stablecoin first, then trade it for SUI.

 

4. Is KYC required to buy SUI?

It depends on the platform. Some exchanges require identity verification before trading, while others allow limited trading without KYC. Always check the exchange’s policy beforehand.

 

5. What can I do with SUI after buying it?

After purchasing SUI, you can transfer it to a supported wallet to stake, use in Sui-based dApps, or simply hold it as part of your crypto portfolio.