Buy Sui with a credit card
You can buy SUI for USD and other fiat currencies here at SwapSpace! We provide an easy way to do that via one of our partners, such as Mercuryo, Guardarian, or Simplex, with a few simple steps right on this page. You can also look at Sui price dynamics and history, get some answers to your questions, and find some useful links to read more about what is SUI.
Sui live price chart
SUI price can be volatile. You can see the history of price changes in the cryptocurrency price chart below to help you make the best decision while considering buying crypto.
What is Sui?
Sui is a decentralized blockchain project designed to bring scalability and efficiency to decentralized applications (dApps). The project was launched in 2022 by a team of developers formerly associated with Facebook’s Diem project. Sui aims to address the scalability issues faced by many blockchain networks by implementing innovative technology solutions.
Sui's blockchain uses a consensus mechanism called Narwhal and Tusk, which separates transaction ordering from transaction processing. This approach enhances the network's throughput and reduces latency, making it suitable for high-demand applications.
Key features of the Sui token (SUI) include:
- High Throughput: Capable of processing thousands of transactions per second.
- Low Latency: Quick transaction finality for real-time applications.
- Scalability: Designed to grow with increasing demand without compromising performance.
- Security: Robust security features to protect against attacks and ensure data integrity.
The total supply of SUI tokens is capped at 10 billion, ensuring a controlled inflation rate. SUI tokens are used for transaction fees, staking, and participating in network governance. The Sui blockchain is well-suited for various applications, including decentralized finance (DeFi), gaming, and supply chain management.
The average fees on the SUI Network
As of now, the average transaction fee on the Sui network is approximately 0.01 SUI. With the current SUI to USD price at around $0.50, this fee translates to roughly $0.005 per transaction. Fees on the Sui network are designed to be minimal to encourage high-frequency transactions and support widespread use of the blockchain.
The SUI token wallets
Here are five popular wallets for storing SUI:
- Ledger Nano S/X: A secure hardware wallet with support for multiple cryptocurrencies including SUI.
- Trezor: Another hardware wallet known for its high security and user-friendly interface.
- Trust Wallet: A versatile mobile wallet that supports a wide range of tokens, including SUI.
- MetaMask: A popular browser extension wallet, soon to support SUI through integration.
- Sui Wallet: The native wallet for the Sui blockchain, offering full functionality and security for SUI holders.
Where to buy Sui
You can buy SUI online through various cryptocurrency exchanges, including Binance, Coinbase, Kraken, Bitfinex, and SwapSpace. SwapSpace stands out as the cheapest way to buy Sui, offering competitive rates and a straightforward purchasing process.
How to buy Sui
To buy SUI with a credit card on SwapSpace, follow these simple steps:
- Visit the SwapSpace website.
- Select the amount of SUI you want to purchase.
- Enter your SUI wallet address.
- Choose your payment method (credit card, debit card, Apple Pay, Google Pay).
- Confirm the transaction and complete the payment.
What can I do with Sui after purchase?
After purchasing Sui, you can:
- Store it as an investment: Hold your SUI in a wallet, anticipating an increase in value.
- Use it for transactions: Pay for services and goods where SUI is accepted.
- Participate in governance: Use your SUI tokens to vote on network proposals.
- Stake it: Earn rewards by staking SUI and supporting network security.
- Trade it: Buy and sell SUI on exchanges to capitalize on market fluctuations.
How to buy SUI on SwapSpace
On this page, we put USD in the “You send” and SUI in the “You get” sections in the widget. USD is the default, but you can choose your preferred fiat currency. Put in the amount of fiat you want to spend. Next, press the ”View offers” button and choose a provider.
Fill in the “Enter the recipient address” field with the destination Sui address. Check the information carefully and click the “Next” button. After reading the special terms and conditions in the next window, click “Next” again.
At this point, you will either see our partner’s widget or be redirected to another page, depending on the chosen provider. You will be asked to verify your identity, as this is standard practice for the services that work with fiat money. Follow the provider’s instructions on the screen.
After completing the KYC procedure, fill in your credit card information. At this point, everything is in place and your transaction will start.
Wait for the transaction to process. You’ll see a message when it’s completed. A window with your transaction details will also appear; from there, you can also create another crypto-fiat exchange.