Bittime - SUI price has surged over 30% in the past 24 hours, driven by a strategic partnership with Backpack, a leading exchange and wallet platform known for its seamless user experience and ability to handle multiple asset classes.
What is a Backpack?
Backpack is an exchange that has served users from more than 150 countries with a trading volume reaching $60 billion since its launch a year ago.
SUI and Backpack collaboration
This collaboration between Sui and the Backpack team will open up many integration and listing opportunities for projects on Sui, while improving the user experience on both platforms.
Backpack Wallet
The Backpack Wallet is designed to make it easy to manage, securely store, and seamlessly trade digital assets, including Solana, Ethereum, and soon Sui.
Backpack wallet integration will provide a reliable and secure wallet solution for Sui users, available as a mobile app for iOS and Android, as well as a browser extension for Chrome.
Impact of Backpack Collaboration on Sui Ecosystem
Jameel Khalfan, global head of ecosystem at Sui Foundation, stated, “By integrating the best user experience of a fully regulated exchange and a non-custodial Backpack wallet.
Sui is taking a big step in providing more value to the entire ecosystem of developers, users, and enthusiasts.”
“This partnership is very exciting for us, as we can expand the user experience on Sui and bring all of the platform’s popular features to the Sui community.”
Backpack Makes Trading Sui Assets Easier
For Sui, Backpack's presence brings a proven platform in simplifying asset management and trading, allowing Sui ecosystem participants to interact on the network through Backpack's credible and trusted infrastructure.
Also read: SUI Token Price Increases 140% in a Month, Can It Reach ATH?
SUI Accessible to More Users via BackPack
Meanwhile, for Backpack, the integration with the Sui network is a significant step in expanding the impact of the platform it has built—reaching a growing audience of users, including millions of Sui enthusiasts, while moving toward a multichain future.
Armani Ferrante, CEO and founder of Backpack, added, “The Sui integration allows our users to access a rapidly growing ecosystem and opens up new opportunities for Sui developers, projects, and traders.”
Also read Sui Price (SUI)
Sui Price Movement
Latest SUI to IDR Price via Bittime Market
Conclusion
With this partnership, SUI not only gains support from an established platform, but also increases its growth potential in the increasingly competitive cryptocurrency market.
FAQ about SUI Pricing and Partnership with Backpack
1. Why did SUI price increase more than 30% in the last 24 hours?
SUI price surged more than 30% in the last 24 hours due to a strategic partnership with Backpack, a leading exchange and wallet platform.
This integration opens up new opportunities for projects on Sui and improves the user experience across both platforms.
2. What is Backpack and how does it affect SUI?
Backpack is an exchange and wallet platform known for its seamless user experience.
With Sui integration, Backpack provides a secure and reliable wallet solution, allowing Sui users to manage and trade digital assets more easily.
3. What impact will Sui and Backpack's partnership have on Sui's ecosystem?
This partnership is expected to expand the Sui ecosystem by increasing trading volume and attracting more users.
This could also open up new opportunities for developers and projects on the Sui network, increasing the adoption and use of the SUI token in the market.
How to Buy Crypto on Bittime
Want to trade and buy Bitcoin and invest in crypto easily? Bittime is ready to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures that every transaction is safe and fast.
Start by registering and verifying your identity, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
Check BTC to IDR , ETH to IDR , SOL to IDR and other crypto assets rates to find out today's crypto market trends in real-time on Bittime.
Also, visit Bittime Blog for interesting updates and educational information about the crypto world. Find trusted articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your knowledge in the crypto world.
Reference
Chainwire, Backpack Exchange and Wallet To Integrate Sui, Diakses 12 Desember 2024
Author: IN
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