Sui Wallet is a cryptocurrency wallet application developed for Sui, an emerging blockchain platform that has received much attention recently. So let’s explore the features and usage through this Sui Wallet review.

What is Wallet Sui?

The open-source Sui Wallet gives Sui users the ability to create addresses, view and manage assets on the Sui network, and interact with dApps. The Sui Wallet is a reference implementation for other potential wallets and applications in the Sui ecosystem. Finally, it will showcase the newest and most unique Sui abilities. The Sui Wallet repository will act as an essential ecosystem enabler as Sui begins to support large-scale use cases, Move-powered ownership models, and features other skills only found in Sui.

Sui Wallet will adapt based on input from the developer community. Make sure to join our Sui Discord and provide feedback directly on the #General or #Suggestions channels.

Sending SUI tokens from a Sui Wallet will cost the blockchain platform fee in SUI.  

Why choose Sui Wallet?

The path to Web3 adoption is genuinely an empowered developer community and ecosystem. The Sui team is building the best, high-performance blockchain for mass adoption – and the best ideas, apps, and businesses come from the community.

The Sui Wallet is an ecosystem education and support tool, not an actual wallet. We are open to cooperation and eager to see what our community will build. Current definitions of crypto wallets may need to be improved and optimized for rapid user adoption and large web2 migrations. As wallet builders start pushing for the following version, we also look forward to seeing what the Sui community dreams of.

Structure Sui wallet

Like most crypto wallets, Sui Wallet has 3 critical parts you must note:

• Wallet Address: A sequence of numbers and characters used to send assets to the Sui wallet. Others can transfer money to you through the wallet address you provide.
• Passphrase: A security key that can be understood as a password consisting of any 12 English keywords. To get your wallet back, you must go through the Passphrase login step to perform the operation. The format of a passphrase: become toes armor elephant bar other price snow achieve development flag
• Private Key: A string of characters and numbers to connect to the account, quite similar to the Password of a bank account.

Functions

You can use Sui Wallet to:

• Create Sui accounts (addresses)
• Import private keys from other wallets (must be a 32 or 64 byte address)
• Stake and earn SUI
• Transfer coins and NFTs to another address
• View your coins, tokens, and NFTs
• View recent transactions
• Auto split/merge coins to the exact transfer amount
• Easily access transaction history in the Sui Explorer

Basic Instructions

Install the Sui Wallet browser extension

To use Sui Wallet, you must install a Chrome browser extension. You can use the extension with any browser that supports Chrome extensions from the Chrome Web Store.

1. Using a chromium-based browser, open the Sui Wallet page on the Chrome Web Store.
2. Click Add to Chrome.
3. Acknowledge the message about permissions for the extension, and then click Add Extension.

Create a new wallet

If you don’t yet have a Sui Wallet, create a new one. To import an existing wallet, see Import an existing Sui Wallet.

1. Open the Sui Wallet extension in your browser and then click Get Started.
2. Click Create a New Wallet.
3. Under Create Password, enter a password for your wallet. This is not a global password for Sui Wallet. It applies only to this installation in this browser.
4. Under Confirm Password, enter the same password to confirm it.
5. Click the checkbox to accept the Terms of Service.
6. Click Create Wallet.
7. Copy the Recovery Phrase and store it in a safe location, then click the checkbox for I saved my recovery phrase.
8. Click Open Sui Wallet.

Sui Wallet prompts you to enter your password when you open it after the first use.

If you lose access to your wallet, you can recover it only with the recovery phrase. If you lose the recovery phrase, you lose access to your wallet and any coins or NFTs stored in it.

Import an existing Sui Wallet

You can use your Sui Wallet on multiple devices and browsers. After you create a Sui Wallet, use the 12-word recovery phrase to import your wallet to a new browser or device.

1. Open the Sui Wallet extension in your browser and then click Get Started.
2. Click Import an Existing Wallet.
3. Enter the 12-word recovery phrase for the account to import, and then click Continue.
4. Under Create Password, enter a password for this account address. This is not a global password for Sui Wallet. It applies only to this installation in this browser.
5. Under Confirm Password, enter the same password to confirm it.
6. Click Import.
7. Click Open Sui Wallet.

Sui Wallet prompts you to enter your password when you open it after the first use.

Import an account to your wallet

You can import an account from a previous installation of Sui Wallet or from another wallet provider. To import an account, the account address must be either 32 or 64 bytes.

To import an account to Sui Wallet

1. Click the menu (the three bars at the top-right corner of the wallet interface), then click Accounts.
2. Click Import Private Key.
3. Enter or paste the private key for the account to import, then click Continue.
4. Enter the wallet password and then click Import.

The wallet displays the Accounts page with the imported account listed.

Export the private key for an account

You can export the private key for an account to import to another wallet. You should be very careful with the private key. Anyone can use the private key to import the associated account. If someone else knows your private key, they can take over the account and cause you to lose access to it. Never share a private key.

To export the private key for an account

1. Click the menu (the three bars at the top-right corner of the wallet interface), then click Accounts.
2. Click the address of the account to export the key from.
3. Click Export Private Key.
4. Enter the wallet password, then click Continue.
5. Click Copy to copy the private key to your clipboard.

You can then paste the private to import it to a different wallet.

To view the private key, make sure that no one can see your screen, and then click the crossed-out eye icon in the bottom right corner.

Add SUI tokens to your Sui Wallet

When you first open the wallet, you have no coins in it. You can add test SUI coins to your wallet using the faucet in Discord.

To get SUI test coins using the wallet After you install the wallet extension, click Request Devnet SUI tokens. In some cases, you can click it three times to get three tokens. Usually, you can click it once or twice and then it disappears. If this happens, you can find the button instead on the wallet settings page by clicking the three bars in the top-right corner of the wallet interface. The button is displayed there only after you successfully use it the first time (up to three requests). Note that you can request SUI coins only three times every 60 minutes. After you click the button, SUI test tokens appear in your wallet on the Coins tab.

To get SUI test coins through Discord

1. Click Coins.
2. Click the small clipboard icon next to your address to copy it.

It’s near the top of the wallet and starts with 0x.

1. Go to the Discord faucet channel for the network you use:

• devnet-faucet channel in Discord.
• testnet-faucet. This channel may not be available at all times.

1. Use the !faucet command with your wallet address to request tokens:

!faucet 0x6c04ed5110554acf59ff1b535129548dd9a0c741 Replace the address in the command with your wallet address.

The channel bot displays a message confirming your request.

Change the active network

You can change the active network for Sui Wallet. Currently, Sui Wallet supports Sui Devnet, Local, and Custom RPC URL. Use Devnet unless you have a local network for testing. To learn how to create a local network, see Create a Local Sui Network.

1. Click the menu (the three bars) at the top-right corner of the Sui Wallet interface.
2. Click Network.
3. Click the network to use. A checkmark displays next to the active network.

Stake and earn SUI

You can try out staking SUI to earn rewards. These rewards are not real and are for testing purposes only. When you stake SUI, you delegate your SUI tokens to a validator to stake. The validator then pays you rewards for delegating your SUI for them to stake. Note that SUI tokens have no value on test networks.

To stake SUI and earn rewards

1. Open your wallet and click Coins.
2. Click Stake & Earn SUI.
3. Select a validator to stake with.
4. Choose an amount of SUI to stake. Enter an amount that leaves sufficient SUI in your wallet to cover gas fees.
5. Click Stake Now.

Your stake starts earning rewards at the start of the next epoch.

Send coins

You can send coins from your wallet to another address.

1. Open the Sui Wallet extension in your browser.
2. Click Coins and then click Send.
3. In the Amount field, enter the amount of SUI to send, and then click Continue.
4. Enter the recipient’s address, then click Send Coins Now.

Send an NFT

You can use Sui Wallet to send an NFT to another address.

1. Click NFTs.
2. Click on the NFT to send, and then click Send NFT.
3. Enter the recipient address then click Send NFT Now.
4. Click Done to return to the wallet.

Upcoming features of Sui Wallet

New designs
Optimizing Referral Flow
bet flow
Wallet for app communication
discover DApps

Conclusion – Sui Wallet Review

With the rapid development of the cryptocurrency market, you will see a series of potential DeFi projects appearing on Sui. Sui wallet is an option that is considered safe and convenient. With a wide range of features, it can meet all the needs of users.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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