Coinbase exchange to list SUI crypto

The cryptocurrency exchange platform Coinbase will allow its users to trader the token SUI this Thursday.

The Californian Coinbase has announced the listing from SUI on its platform. The token native of Sui network should be available for trading from 6pm (UK time) this Thursday 18 May.

Coinbase will add support for Sui (SUI) on the SUI network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.

– Coinbase Assets 🛡️ (@CoinbaseAssets) May 17, 2023

Launched in early May, Sui is a new l1 blockchain developed by Mysten Labs and often touted as a rival to Aptos. Its digital coin SUI is already offered on several crypto exchanges, including Binance, OKX or even KuCoin.

Trading will begin if liquidity conditions are met. Once a sufficient supply of this asset is established, trading on our SUI-USD trading pairs will be launched in phases,” Coinbase says.

Since its debut on May 3, the course of the SUI has lost about 5% and is now trading around $1.20. The token has a market capitalization of $630 million, according to CMC data.

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