We’re excited to announce that Sui (SUI) has been listed on Binance.US. You can now deposit and trade SUI on the best crypto platform for low fees.
Note: This article was last updated on October 25, 2023. Deposits for SUI first opened on October 24, 2023 at 2 a.m. PDT / 5 a.m. EDT. Trading opened 24 hours later.
What is SUI?
The Sui Network is a Delegated Proof of Stake, layer 1 network that is built to support the Move development language. Move allows for an advancement in abstracting accounts and crypto assets and the Sui network builds on top of this designing a programming language specifically designed for blockchain based concepts, furthering smart contract security and programmability.
The Sui blockchain was optimized for developer experience through its “object centric” architecture, which allows for network level storage of assets, non-consensus token transfers & increased composability and scalability of the blockchain. Similar to other layer 1 networks, including: Ethereum, Solana & Aptos, Sui is built to support a variety of decentralized applications across Web3 and decentralized finance.
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