Discover how to buy Sui (SUI) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Sui (SUI) is currently at
$1.5217
$0.030200 (+1.98%)
Last updated on --.
How can I buy Sui on OKX?
Whether you're new to crypto or an experienced trader, you can buy Sui using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Sui
Select Sui and buy using your chosen method.
Step four
Receive your Sui
Confirm your purchase and store your Sui in your portfolio.
What's Sui?
Sui is a digital token used in a blockchain network. Imagine it like a special kind of digital sticker that helps people trade and share things online safely. Sui exists to make transactions faster and more secure, solving the problem of slow and expensive online exchanges. It helps people connect and share resources without needing a middleman, like a bank, making it easier to use digital services.
How can I buy Sui?
1) Create an account on OKX by visiting the website and clicking 'Sign Up'. Provide your email and set a password. 2) Fund your account using a bank transfer, credit card, or other local payment methods like PayPal. Follow the instructions to deposit funds. 3) Once your account is funded, search for Sui in the marketplace, select it, and click 'Buy'. Enter the amount you want and confirm your purchase.
Why do people buy Sui?
People buy Sui because it offers practical benefits like fast transactions and low fees. It's used in various applications, making digital interactions smoother. Sui is part of a growing ecosystem, supporting new technologies and services. It helps users access decentralized apps and services, enhancing online experiences. However, it's important to understand its limitations, such as market volatility and evolving regulations.
Things to know before buying Sui in the United States
In the United States, cryptocurrencies like Sui are legal but regulated. Users must complete KYC and AML verification, providing identification to comply with laws. Tax implications include reporting capital gains or losses when selling Sui. Income from staking or rewards may be taxable. It's crucial to keep records of transactions for tax purposes and consult a tax professional for guidance.
What are other ways to own Sui?
Besides buying, users can obtain Sui through airdrops, where tokens are distributed for free. Participating in Learn-and-Earn programs or staking can earn rewards. Providing liquidity in certain platforms might offer Sui as a reward. Task-based programs, like referrals, can also grant Sui. These methods require effort and understanding of risks, such as market changes and network participation.
How can I store my Sui?
To store Sui safely, consider fears of loss and theft. Use custodial wallets for convenience, where a service holds your tokens, or non-custodial wallets for more control. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Practice safety by backing up your wallet, using recovery phrases, and checking proof of reserves. Choose a storage method that balances security and ease of use.
Why should I buy Sui on OKX?
Learn more about the security measures keeping your Sui safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Sui (SUI)
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How to get Sui for free
Invite friends, earn rewards
See how you can get free Sui when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Sui grow, for free. Put your crypto to work, 24/7.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Sui
Take advantage of price fluctuations and trade your Sui for other cryptocurrencies.
Send Sui
Send your Sui anywhere, anytime with fast, low-cost transfers.
Spend Sui
Use your Sui to pay for goods, services, and experiences seamlessly.
Hold Sui
If you think your Sui will increase in value, you can hold onto it.
Sell Sui
Convert your Sui to cash quickly and securely.
How to buy Sui (SUI) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Sui SUI safely on a trusted exchange like OKX.
Choose the best exchange to buy Sui (SUI) depending on your individual needs. Factors to consider when picking the best place to buy Sui (SUI) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Sui. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Sui (SUI), as well as fiat withdrawal options.
This depends on the method you use to convert Sui (SUI) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.