Sui Wallet, developed by Mysten Labs, serves as the official wallet for the Sui blockchain, providing a secure and user-friendly platform to manage Sui assets. This open-source wallet enables users to store, transfer, and receive Sui tokens and NFTs, as well as interact with decentralized applications (dApps) within the Sui ecosystem.
We will walk you through the initial steps of setting up Sui Wallet, focusing on the essentials for beginners. We’ll cover the process of adding the Sui Wallet extension to your browser, creating a new wallet, securing your account with a strong password, backup seed phrase and funding to execute transactions.
How To Create a Sui Wallet
Step 1: Visit the official Sui website
Navigate to their website.
Step 2: Download the extension
Download for Chrome (or your preferred browser) and then “Add Extension”.
Step 3: Create a new wallet
Click “Get Started”, then “Create a New Wallet”.
Step 4: Set a strong password
Enter a strong password, agree to the terms, and click “Create Wallet”.
Step 6: Backup your recovery phrase
Reveal the 12-word recovery phrase, write it down, store it safely, and click “Next.” Make sure to write it down and keep it somewhere safe. This phrase is used to recover your wallet if you lose your password or access to your computer. Do not store your recovery phrase on the computer use external hardrives or a piece of paper.
Step 7: Confirm your recovery phrase
Once you have saved and confirmed your recovery phrase, check “I saved my recovery phrase,” and click “Open Sui Wallet”.
Step 8: Access your Sui Wallet
You’ll now see your wallet dashboard, including your wallet address, balance and displaying several features.
How to Fund a Sui Wallet
In order to carry out transactions on the Sui network, you’ll need to have $SUI in your wallet. Here’s a straightforward way to fund your wallet.
Step 1: Open Sui WalletÂ
Open your wallet, locate and click the “Buy” button which will be easily visible on the main interface of the wallet.
Step 2: Select a purchase option
After clicking “Buy”, you’ll be presented with several available options for purchasing $SUI. Follow the process the platform takes you through to purchase your $SUI. This will usually involve selecting a payment method, entering the amount you wish to buy, and confirming your purchase.
Step 3 (Alternative): Purchase $SUI on an Exchange
And that’s it! You have now know how to successfully create and fund a Sui Wallet. You can now start using Sui Wallet to store, send, and receive cryptocurrency and NFTs. Remember to keep your wallet safe by keeping your seed phrase private.
For a more detailed visual guide, check out the full tutorial video below. This will further assist you in creating and using your Sui Wallet with ease.
