SUI mainnet goes live as token sees immediate action on Binance, OKX, others
The total supply of the SUI token is capped at 10 billion coins, with tokens running on delegated Proof-of-Stake, or dPoS, consensus algorithm. Major cryptocurrency exchanges around the world are launching trading of the Sui (SUI) token amid the Sui Network's mainnet launch on May 3. According to an official announcement by the Sui Foundation, the Sui mainnet went live at 12:00 pm UTC. A wide number of global crypto trading platforms opted to support the Sui mainnet launch, enabling investors to buy and sell the new SUI token . As such, Binance crypto exchange plans to debut SUI trading right away after mainnet launch. The platform will allow users to trade between SUI and cryptocurrencies like Bitcoin (BTC), Tether (USDT) and Binance Coin (BNB) at 12:15 pm UTC. The firm will also enable investors to exchange SUI against euros and Turkish liras. Other big exchanges including Huobi, KuCoin, ByBit, OKX and Poloniex also announced SUI listings. KuCoin noted that it also plans to ...