Thanks to its top-notch perks, the emerging Sui protocol has received much attention and attracted a surge of new users. Crucial to the blockchain’s development is the Sui Wallet, which provides the perfect onboarding experience for Sui users. Sui Wallet enables users to create addresses, view and manage assets, and interact with dApps. This article explains how to get started with SUI Wallet and how to set it up, and it provides a quick tour of the wallet’s features.
Why do I Need SUI Wallets
You need SUI Wallet if you’re looking for crypto management basics or the technical aspects of the Sui network. The wallet offers standard Web3 features for regular Sui enthusiasts, such as crypto storage and transaction facilitation.
SUI Wallet also provides access to technical crypto tasks, like dApp interaction, NFT management, staking, and more. Users can also explore other Web3 projects on the Sui protocol through the Sui Wallet. Remember that Sui Wallet is the official wallet for the blockchain.
Developed by Mysten Labs, SUI wallet users enjoy the best on-platform security and access to store private keys by themselves. The wallet is also crucial for exploring the SUI testnet network. Users can transfer, store, and use SUI testnet tokens for dApp development and smart contract deployment within the app.
Getting Started With SUI Wallet
Download
To get started with SUI Wallet, the first step is to install the app on your device. Sui Wallet was originally a browser extension, but Mysten Labs developed and launched a mobile app in 2024 to facilitate mass adoption. Hence, you can download and install Sui Wallets for your Android and iOS devices to manage digital assets on the go. In the meantime, here’s a step-by-step guide to installing the Sui Wallet extension on Chrome:
Step 1: Open the Chrome browser app and head to the webstore. Search for Sui Wallet on the web store.
Step 2: Once you’ve found the original Sui Wallet extension (developed by Mysten Labs), click Add to Chrome.
Step 3: Acknowledge the message about the extension’s permissions, then click Add Extension.
Step 4: Once the extension download is complete, click on the extension icon and tap the pin icon next to ‘Slush’ for easier access. Open the installed wallet extension to create your SUI Wallet account.
Wallet Creation
Wallet creation is the next and final step to get started with Sui Wallets. The process is usually smooth and straightforward, so you should be done within 2-3 minutes. Note that this guide is tailored for users looking to create a new Sui Wallet account. If you previously had a Sui account, use the Import Existing Sui Wallet option on the app to restore your assets.
Follow the steps below to get started with SUI Wallet:
Step 1: Launch the SUI Wallet extension on your browser and sign in with your Google or Apple Account. This lets you create a new wallet from the onboarding options
Step 2: Under Create Password, set up a login password for your wallet. Re-enter the same password under Confirm Password and click Next to proceed.
Step 4: Set how you want your password to secure your wallet to your preference and click Next. Accept the displayed terms of service, then click Create Wallet.
Step 5: Copy the Recovery Phrase and store it in a safe location, then click the checkbox for I saved my recovery phrase. Click Open Sui Wallet to complete the process.
Quick Tour of SUI Wallet
After setting up your Sui Wallet account, you’ll have access to all its features outlined in a user-friendly environment. The wallet features a Home/Assets tab to view your Sui balance, buy, sell, swap, and manage assets.
The Activity tab shows a history of your recent transactions. On the Explore page, you can connect with dApps on the Sui blockchain and look for other opportunities and projects. The Settings tab offers security, network, recovery, and other account management options.
Bottom Line
Mysten Labs created the SUI Wallet to offer users the best Web3 experience on the blockchain. The interface is simple and beginner-friendly, making it ideal and fast to navigate. Getting started with Sui Wallet is straightforward, beginning with app installation and wallet creation. Follow the steps in this post to complete both necessary processes within a few minutes.
FAQs
1. Which network is Sui on?
Sui is a Layer 1 protocol network. In basic terms, this means that Sui performs its consensus and validation for transaction blocks (activity) on its networks using its native token (SUI, in this case). Ethereum (ETH) and Bitcoin (BTC) are other examples of Layer 1 blockchains.
2. How do I get Sui on Binance?
To buy SUI safely on Binance, create an account, complete identity verification, and select your preferred payment method. Binance offers secure transactions through various methods, including credit cards, debit cards, bank transfers, and P2P trading.
3. How fast is the Sui blockchain transaction?
The Sui blockchain processes around 120,000 transactions per second (TPS), completes in 390 milliseconds, and has low gas fees.
4. What programming language does Sui blockchain use?
Sui is a unique blockchain that uses Move language and parallel transaction execution, which allows it to process transactions much faster than its competitors.
5. Who created Sui?
Sui was developed by Mysten Labs, a company founded by former Meta (Facebook) engineers. Key members of the Sui team include Adeniyi Abiodun, Evan Cheng, George Danezis, Kostas Chalkias, and Sam Blackshear.
