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Sui (SUI) revolutionises asset ownership by being an innovative and decentralised Layer 1 blockchain.
Smart contract platform: With a permissionless group of validators who fulfil the function of validators or minders in other blockchain networks.
Low latency: And scalability for simple use cases by enabling parallel processing of transactions,
Revolutionary scaling: Sui's parallel design enables massive scaling with low costs.
Instant and affordable: Sui ensures quick settlements and minimal fees.
Developer friendly: Sui's language welcomes all developers.
Interoperability potential: Sui’s Layer 1 infrastructure opens up possibilities for interoperability and value transfer between blockchains.
Sui is a decentralised blockchain network designed to facilitate the creation and management of smart contracts and decentralised applications. Built on top of the Ethereum network, Sui allows developers to create customised solutions that can be easily integrated into existing applications. The Sui blockchain is known for its scalability and low transaction fees, making it an attractive option for developers looking to build on a more efficient network.
The founders of Sui, Mysten Labs, have an impressive track record in the blockchain space. Mysten Labs was founded by a team of former senior executives at Meta's Novi Research, which was responsible for developing the Libra blockchain project. The team includes experts in cryptography, programming languages, and distributed systems, which positions Sui as a promising blockchain platform in the Web3 space.
You can buy Sui in Australia through a cryptocurrency exchange such as BTC Markets, one of the largest and most reputable exchanges in the country. To buy Sui on BTC Markets, you will need to first sign up for an account and complete the necessary verification steps. Once you have funded your account with either Australian dollars or cryptocurrency, you can use the BTC Markets trading platform to place a buy order for Sui.
BTC Markets is considered one of the best places to buy Sui in Australia due to its user-friendly platform, and strong reputation for security and reliability. With over 325,000 registered users and a wide range of cryptocurrencies available for trading, BTC Markets is a trusted and convenient choice for buying and selling Sui and other digital assets in Australia.
BTC Market does not place a cap on the amount of Sui (SUI) you can buy. You may start from $15 and go onwards to buy up to $150,000 or more per day.
You can hold SUI on BTC Markets. We offer a managed service, so once you have bought SUI you may send, receive, and store your assets on our exchange.
We support instant OSKO payments and individual BSB and account numbers.
The price of Sui is determined by supply and demand in the market, with buyers and sellers coming together to determine the value of the token. Factors that can influence the price of Sui include market sentiment, regulatory developments, and broader trends in the cryptocurrency industry.
The cost of buying Sui will depend on several factors, including the current market price of the token, the amount of Sui you wish to purchase, and any associated trading fees charged by your chosen exchange. It's important to be aware that cryptocurrency prices can be volatile and can fluctuate rapidly, so it's always a good idea to do your own research and only invest what you can afford to lose.
Always consider purchasing cryptocurrencies from a highly reputable and locally based exchange like BTC Markets. Additional, take steps to protect your account and personal information by setting up two-factor authentication, using a strong and unique password, and refraining from sharing sensitive information with anyone else. As with any investment, there are always risks involved.
Yes, you can convert Sui to cash by selling it on a cryptocurrency exchange such as BTC Markets and then withdrawing the proceeds to your bank account. However, it's important to be aware that cryptocurrencies can be volatile, and their value can fluctuate rapidly, so it's always a good idea to do your own research.
