A Comprehensive Guide to Getting Started with Sui (SUI)

Setting
up
a
wallet
and
accessing
SUI
are
often
the
first
steps
in
getting
started
in
the
Sui
ecosystem,
according
to

The
Sui
Blog.

Sui
offers
a
vibrant
ecosystem
of
apps
and
digital
assets,
and
understanding
how
to
access
and
manage
these
assets
is
crucial
for
maximizing
the
network’s
potential.
Whether
you’re
new
to
Web3
or
a
seasoned
veteran,
familiarizing
yourself
with
wallets
and
on-ramps
is
essential
for
navigating
Sui.

SUI
can
be
used
for
various
purposes,
including
paying
for
goods
and
services,
purchasing
unique
digital
assets,
or
engaging
in
DeFi
activities.
The
first
step
is
setting
up
a
wallet
and
accessing
SUI
to
explore
the
ecosystem.
Wallets,
on-ramps,
and
bridges
are
key
tools
to
begin
your
journey
into
the
Sui
ecosystem.

Sui
Wallets

To
interact
with
most
Sui
apps,
a
wallet
is
necessary.
Wallets
function
like
accounts
on
the
network,
allowing
users
to
connect
to
apps
and
manage
digital
assets,
such
as
SUI,
NFTs,
stablecoins,
and
other
fungible
tokens.
Wallets
are
available
as
browser
extensions
or
mobile
apps,
each
offering
different
experiences
and
catering
to
various
user
needs.

A
typical
wallet
setup
involves
creating
a
new
Sui
account,
which
can
be
done
in
two
ways:
creating
a
new
passphrase
account
or
using
a
Web2
login
like
a
Gmail
account
via

zkLogin.
Users
opting
for
a
passphrase
must
secure
their
recovery
phrase
provided
during
setup.
Losing
access
to
this
recovery
phrase
means
losing
access
to
the
wallet.
For
those
using
a
Web2
login,
following
the
prompts
to
sign
in
and
ensuring
restricted
access
to
the
account
is
crucial.

Here
are
some
of
the

top
wallets
in
the
Sui
ecosystem:

Sui
On-Ramps

With
a
wallet
set
up,
users
can
convert
traditional
fiat
currency
into
SUI
using
an
on-ramp.

On-ramps
provide
a
simple
and
secure
method
to
purchase
SUI
and
other
assets
with
fiat
currencies
like
USD
or
EUR.

The
most
common
type
of
on-ramps
are
centralized
exchanges,
such
as

Coinbase
or

Binance.
Another
popular
type
involves
payment
processors,
which
are
often
embedded
directly
into
wallets
and
allow
users
to
pay
with
credit
or
debit
cards.

Here
is
a
list
of
payment
processors
that
support
SUI.
Note
that
availability
depends
on
the
country
of
residence.

Sui
Bridges

Web3
veterans
with
assets
on
other
networks
can
easily

bridge
into
the
Sui
ecosystem.
A
bridge
allows
users
to
transfer
digital
assets
between
blockchains,
enabling
the
movement
of
existing
tokens
into
Sui.
Bridging
typically
requires
connecting
both
a
source
wallet
and
a
receiving
wallet
to
the
same
app
and
submitting
a
transaction
from
the
source
wallet.
Depending
on
the
networks
involved,
bridging
transactions
can
take
up
to
15
minutes
to
complete.

Currently,
the

Wormhole
Portal
Bridge
is
the
primary
option
available
on
Sui
Mainnet
for
transferring
assets
to
Sui.
Many
DeFi
apps
within
Sui
also
embed
the
Wormhole
bridge,
providing
a
convenient
location
to
bridge
assets
when
exploring
DeFi.

Looking
ahead,
the
native

Sui
Bridge
(currently
on

Testnet)
is
expected
to
launch
on
Mainnet
in
September,
offering
another
bridging
option
for
the
Sui
ecosystem.

Begin
the
Journey

With
wallets,
on-ramps,
and
bridges
at
your
disposal,
you
are
now
equipped
with
the
knowledge
needed
to
access
SUI
and
explore
the
ecosystem.
These
tools
form
the
foundation
of
your
journey
into
Sui.
As
the
ecosystem
continues
to
grow
and
more
features
are
developed
for
these
tools,
the
onboarding
experience
will
become
even
smoother.
Sui
strives
to
offer
user
experiences
on
par
with
traditional
web
apps,
welcoming
all
users
to
the
Sui
ecosystem.

Note:
This
content
is
for
general
educational
and
informational
purposes
only
and
should
not
be
construed
or
relied
upon
as
an
endorsement
or
recommendation
to
buy,
sell,
or
hold
any
asset,
investment
or
financial
product
and
does
not
constitute
financial,
legal,
or
tax
advice.

Image
source:
Shutterstock