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What is Sui Wallet? How to use a Sui Wallet

What is Sui Wallet? Where to create a Sui Wallet? In today's article, I will show you the details on how to create a Sui Wallet.
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linhha
4 min read
Published Sep 07 2022
Updated May 30 2024
how to use sui wallet

What is Sui Wallet?

The Sui wallet is where SUI tokens are stored on the Sui blockchain. You can send and receive SUI tokens as well as interact with applications on the Sui platform in the future.

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In particular, this wallet is owned by you, so no one has the right to influence or use the wallet other than you.

What is included in a Sui Wallet address?

A Sui Wallet has 3 extremely important pieces of information you must take note:

Wallet address: A sequence of numbers and characters used to send assets to the Sui wallet. Others can transfer coins 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. If you want to perform the wallet recovery operation, you must go through the Passphrase login step.
Private Key: A string of letters and numbers to connect to the account, quite similar to the password of a bank account.

To visualize, you can imagine that the Sui wallet is a bank account, the wallet address is the account number and the passphrase is the password.

The difference here is that with a bank account, other people will know your personal information. As for the Sui wallet, the user becomes anonymous, no one knows who owns the wallet, and transactions only occur through the address encoded into a sequence of numbers and characters.

How to create a Sui Wallet

This tutorial will guide you on how to create a new Sui wallet on both the mobile and desktop interfaces, so you can also install both to flexibly switch use.

Download and access Coin98 Super Wallet

Sui wallet is now available on the Coin98 Super Wallet for both iOS and Android users here.

After downloading the app, open and select the language you want to use before directly accessing the wallet interface.

At this interface, you can create a new wallet or restore an existing wallet from other wallet applications to the Coin98 Super Wallet.

Activate the Sui blockchain

Step 1: Open the application, choose More → Active blockchain

Step 2: Choose Sui blockchain to active and click Confirm.

activate the sui blockchain

Create the Sui wallet

Step 1: At the homepage click the Wallet icon → Manage.

Step 2: Click Add Wallet and click on the Sui (SUI) icon to create a Sui Wallet, or you can choose to create a Multi-chain wallet to own more wallets with just one passphrase (recommended) → Create.

creat the sui wallet

Step 3: Create a name for the wallet (name it something that you can remember or is convenient for later use). Click Next.

Step 4: Back up the Passphrase in a safe place.

Note: These are CRUCIAL information that directly affects control over your assets.

Copy and paste the Passphrase into the Confirmation box.
Tick ​​the Backup your recovery key box and click on the copy icon to confirm that you have saved your Passphrase/Private key. You must save the security key in a safe place and do not disclose it to anyone. Otherwise, your account is at risk of being stolen if someone knows these sequences of characters.
Tick ​​the two remaining boxes to confirm that you understand the risks if you lose your Passphrase.

Click Create Wallet.

create sui wallet 2

Once done, you can also go to Manage → Manage All Wallets to check the newly created Sui wallet.

How to use the Sui Wallet

Get SUI devnet token

The Faucet feature on the Coin98 Super App has been released, providing users to get SUI devnet token on the Aptos network.

Step 1: On the Coin98 Super App homepage, click More → Faucet.

Step 2: Choose the SUI network and users will be moved to the devnet faucet section on the Project discord. Copy your Sui wallet address, then type "faucet! your wallet address" into the comment box to get Sui devnet token.

Add SUI tokens

This process is similar on both the mobile and the extension versions, so you can follow these steps for both.

Step 1: Click the Sui wallet on the main screen.

Step 2: Click Receive.

Step 3: Copy the wallet address or scan the QR code address and send your assets to this address.

add sui token

Send SUI tokens

This operation works the same on both the Coin98 Super App and the Coin98 Extension Wallet. I will give an example of how to send SUI stored in the mobile wallet.

Step 1: Click the Sui wallet

Step 2: Choose Send.

Step 3: Select the token, insert the number of tokens you want to send & the wallet address to send to. Adjust the Gas fee slider to suit your needs → Slide the Send bar to confirm.

send sui token

In addition, you can also go to the Send section in the main interface, then select the Sui wallet you want to send from.

Note:

The gas fee for each transaction is paid with SUI, approximately 100 SUI.
The default gas fee on the Coin98 Super App has been set at the standard rate that offers the most optimized speed at a reasonable cost.

Use the Sui Wallet Explorer to check the transaction history

Sui Wallet Explorer is the Sui ecosystem explorer, allowing access to information such as wallet addresses, cryptocurrency transactions, smart contracts, etc. Complex data is easier to grasp now than ever before.

Sui explorer that is commonly used by many users: explorer.devnet.sui.io