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Best Sui Wallets Review 2024: Store your Sui Securely!

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So, you’ve bought some Sui (or are considering it) and you’re looking for the best Sui wallet? This guide will give you a breakdown of the top Sui wallets on the market that will help you to store your Sui tokens securely.

Sui is a layer-1 blockchain that has been making waves thanks to innovative tech solutions for transaction processing and app building in the gaming, DeFi, and social media platform spaces.

As a fairly new coin to the market, having launched in May 2023, wallet support is not as widespread as other more established coins such as Bitcoin and Ethereum. However, there is still support for both hardware and software wallets, with respective examples including Ledger and Martian. Let’s dive into the best Sui wallets available so you can safely secure your Sui bag.

Best Sui Wallets: Summary

This guide will take you through the best options for a Sui wallet. Sui is a Layer-1 blockchain created by Mystern Labs with a focus on high transaction processing speed, otherwise known as throughput. Sui’s Narwhal and Bullshark consensus mechanism enables it to employ parallel transaction execution. This means it can process different blocks at the same time, thereby reducing transaction bottlenecks that arguably put it ahead of projects such as Bitcoin, Ethereum, and Solana

Top Sui Wallets: Key Highlights

  • Enhanced Security Features: Prioritize the safety of your Sui blockchain holdings with hardware wallets implementing robust security measures, such as encrypted private keys.
  • User-Friendly Experiences: Navigate the world of the Sui Network effortlessly with wallets featuring intuitive interfaces designed for both beginners and experienced users.
  • Beyond Storage: Discover wallets offering additional functionalities like NFT minting, staking, and cross-chain compatibility, enhancing your Sui experience.
  • Mobile Wallets: Make use of Sui mobile wallets for asset management on the go.

Top Sui Wallets of 2024

Below we will first look at the best hardware wallets for Sui for those looking for enhanced security. We will then take a look at some of the best software wallets available for Sui to enable easier access to Sui’s DeFi ecosystem.

  • Ledger – Ledger is our pick for the top Sui Hardware Wallet. Featuring a long-standing reputation in the crypto market, Ledger’s various wallet offerings include support for over 5,500 cryptocurrencies.
  • Keystone – Another hardware wallet, Keystone’s roster of wallets feature touchscreen LED s=displays to further enhance the user experience, backed by encrypted security features to keep your Sui safe.
  • Martian Wallet – Martian Wallet is a software wallet built for the Sui and Aptos blockchains. Get involved in Sui’s DeFi ecosystem quickly and easily with Martian Wallet’s excellent user interface.
  • Gem Wallet– Software Wallet that supports Sui and thousands of other cryptocurrencies.
  • Sui Wallet – The official wallet for the Sui blockchain, Sui Wallet allows for seamless integration with Sui’s DeFi ecosystem, along with super fast Sui transaction settlement times.

Best Sui Hardware Wallets

1. Ledger – Best Hardware Sui Wallet

Our first pick for Sui hardware wallets is Ledger. An established wallet brand in the crypto space since 2014, Ledger is renowned for its user-friendly interface and wide support for blockchain networks.

The Ledger Nano X is its standout wallet offering, with Bluetooth connectivity for enhanced mobile support. While the Ledger Nano X has been one of the best-selling crypto wallets, Ledger also launched a next-generation crypto wallet, the Ledger Stax. You can learn about that in our Ledger Stax Review.

The platform also allows users to store 5,500 different coins and tokens, offering increased longevity for those looking to buy and hold lots of different types of cryptocurrency instead of just Sui.

Ledger is the best Sui wallet
Source: Ledger Homepage

Key Features

  • Multi-Currency Support: Ledger supports more than 5,000 cryptocurrencies, allowing users to securely store both well-known and lesser-known coins.
  • User-Friendly Interface: The Ledger Live software provides a simple, intuitive interface, making it easy to manage your crypto assets.
  • Backup & Restoration: Every Ledger device comes with a recovery phrase, enabling asset recovery in case the device is lost.
  • Portability: Compact and easy to carry, Ledger devices allow you to keep your assets accessible wherever you go.

Pro tip: Check out our full guide Ledger Nano X Review: Best Crypto Wallet on the Market? (2024) 

Pros:

  • Enhanced Security: Two-factor authentication, cold storage, and 24-word recovery seed, with an optional passphrase for added protection.
  • Wide Asset Compatibility: Supports over 5,500 cryptocurrencies, including lesser-known assets like Sui.
  • Mobile-Friendly: Equipped with Bluetooth, allowing integration with the Ledger Live mobile app for easy management on both iOS and Android devices.
  • DeFi and NFT Integration: Offers comprehensive features through Ledger Live for buying, staking, and swapping cryptocurrencies, along with NFT management capabilities.

Cons:

  • Not Fully Open Source: While the Ledger Live software is open source, the firmware on the device is not, which may raise concerns among users focused on transparency.
  • Previous Data Breach: In 2020, a data breach exposed customer information, although Ledger has since strengthened its data security measures.

Visit Ledger

2. KeyStone – Best User Interface for Sui Hardware Wallet

Keystone, founded in 2018, is our next pick for top Sui hardware wallets. Unlike other hard wallets that typically use a USB device to decrypt your wallet to gain access, Keystone features a small touchscreen device for managing your assets — arguably a big improvement over the UIs offered by other hardware wallet makers.

Previously called Cobo Vault, Keystone is led by CEO Lixin Liu in Shanghai, China. It was one of the first wallets to make use of QR codes for transmitting transaction data for senders and receivers. Keystone also publishes regular audits that assess the company’s handling of customer information to ensure the company is operating using best practices.

Keystone is one of the best Sui wallets
Source: Keystone Homepage

Key Features

  • Large Display Screen: The sizeable display makes it easy to view and manage all assets.
  • Open-Source Firmware: Operates on open-source firmware, enhancing transparency and security.
  • Detachable Battery Pack: Features a removable battery for added convenience.
  • SD Card Slot for Firmware Updates: Equipped with an SD card slot to facilitate firmware updates.
  • Multi-Signature Support: This feature enhances security by requiring two out of three user signatures to approve transactions, ensuring safe fund transfers.

Pro tip: Check out our full guide Keystone Pro Wallet Review to learn more about Keystone.

Pros and Cons

Pros:

  • Highly secure wallet: Keystone makes use of cold storage to ensure assets stay entirely offline
  • Over 5,000 cryptos are supported: Across more than 200 blockchains, Sui holders get more bang for their buck.
  • Intuitive UI touchscreen: Touchscreen to enhance user interface and ease of use

Cons:

  • High initial cost: May be high, particularly for beginners just starting out
  • Security features may be annoying: For frequent users, the security features of Keystone’s wallets may be frustrating for users who need to make quick trades.
  • Limited availability: Keystone can sometimes sell out due to high demand.

Best Sui Software Wallets

Software wallets are much better suited for DeFi trading than hardware wallets as they have improved access to DeFi networks, and DApps, and are typically free at the point of use, making them a more affordable option for securing your Sui.

Speaking of Sui DeFi and DApps, we happen to have an article on the Best Sui Projects if you are interested in exploring the Sui ecosystem.

1. Martian Wallet – Best Native Sui Wallet

Martian Wallet is a software wallet that offers support for the Sui and Aptos blockchains. It can be used for buying and swapping, trading NFTs, staking, and bridging tokens from other blockchains using a wallet extension.

The wallet also offers additional tools for users to better manage their crypto assets, such as Martian Portfolio which both tracks asset performance and allows users to bridge their assets across the Sui and Aptos chains.

Martian app is one of the top choices for a Sui wallet
Source: Martian Wallet Homepage

Key Features

  • Self-Custodial Storage of All Tokens: Martian Wallet provides secure, self-custodial storage for all tokens, enabling users to manage and control their own funds without relying on third parties, along with access to advanced trading features like margin trading and auto-buy orders.
  • Collect, Manage, and Mint NFTs: Martian Wallet offers an intuitive platform for collecting, managing, and minting NFTs, making it easy to navigate the NFT marketplace and efficiently manage digital assets.
  • Receive Web3 Notifications: Users receive real-time Web3 notifications directly in Martian Wallet, helping them stay updated on transactions and other account activities.
  • Swap Tokens: Martian Wallet allows fast and secure token swaps, giving users quick access to major cryptocurrencies without relying on third-party services.

Pros

  • Non-custodial wallet with an easy-to-use interface
  • Widely adopted, with over 1 million downloads
  • Strong presence in SEO and public relations

Cons

  • No security audits conducted for the product
  • Limited marketing infrastructure and subpar growth marketing results
  • Lack of publicly available details about the token, its tokenomics, or any airdrop information

2. Gem Wallet – Top Software Sui Wallet for Asset Support

Founded in 2022, Gem Wallet is a self-custodial digital wallet designed to meet diverse crypto needs, regardless of user experience level. With an intuitive interface and a wide array of features, Gem Wallet serves as an all-in-one platform for managing digital assets.

Currently, Gem Wallet supports over 30 blockchain networks and accommodates more than 10,000 cryptocurrencies and NFTs. Through its in-app browser, users can seamlessly engage with decentralized finance (DeFi) projects and enjoy features like token swaps, staking, name services, and more. To broaden its reach, the team behind Gem Wallet has partnered with various industry leaders, further enhancing its capabilities and global presence.

Gem Wallet: One of the best Sui wallets
Source: Gem Wallet Homepage

Key Features:
  • Multi-Chain Wallet: Support for multiple crypto assets and DeFi ecosystems.
  • Security and Privacy: Advanced encryption to maintain the security of assets and enhance user privacy.
  • Advanced Wallet Management: Enables multiple accounts and transaction tracking for effective asset management  
  • Fiat on/Off Ramp: Gem provides a payment gateway to enable fiat payments using DEXs for swaps.
  • WalletConnect: Allows users to connect to Defi applications, such as DEXs, lending platforms and more.

Pros

  • Intuitive and user-friendly interface
  • Diverse selection of cryptocurrencies available
  • Option to purchase crypto with a credit card
  • Staking options for multiple cryptocurrencies
  • Strong security measures

Cons

  • Limited range of supported cryptocurrencies
  • Lacks advanced features

3. Sui Wallet – Official Sui Wallet

Sui Wallet is a self-custody wallet available as a Chrome extension, designed specifically for the Sui blockchain by Mysten Labs. As an open-source tool, it allows Sui users to create wallet addresses, manage assets on the network, and interact with decentralized applications (dApps).

Additionally, the Sui Wallet serves as a reference model for other wallets and applications within the Sui ecosystem, showcasing Sui’s latest and most innovative capabilities. The development team envisions the Sui Wallet repository as a vital resource, supporting scalable use cases, Move-powered ownership models, and other unique Sui features as the ecosystem evolves.

Sui Wallet: The official Sui Wallet
Source: Sui Wallet Homepage

Key Features

  • Mint NFTs directly from Sui Wallet
  • Super fast transaction speeds for easy asset management
  • Stake your Sui easily to the Sui blockchain
  • Automatically split or merge coins to match the exact transfer amount
  • Access transaction history easily through the Sui Explorer

Pros and Cons

Pros

  • Official Sui Wallet. Easily stake to the Sui network with integrated staking
  • Mint NFTs directly from Sui Wallet
  • Integration with Sui Explorer for transaction history
  • Install as a Google Chrome extension

Cons

  • Self-custody of private keys can lead to account loss
  • Code is not open source, offering little in the way of transparency
  • No Cross-chain bridge for swaps from other blockchains

If you are interested in exploring cryptocurrency wallets further, you can check out our guide to the Best Hardware Wallets 2024 or take a look at our top picks for multi-cryptocurrency wallets below:

Best Wallet
Type:
Hot Wallet + DEX
Exodus
Type:
Web wallet
Zengo
Type:
Mobile wallet & Exchange
Ellipal
Type:
Hardware Wallet
Trezor
Type:
Hardware wallet
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Best Wallets for Sui Staking

For choosing the best staking wallet for Sui, we’d recommend using one of the software wallets we’ve featured in this guide such as Martian and Gem Wallet. This is because software wallets tend to offer easier access to staking and other DeFi protocols.

Sui uses a delegated proof of stake (DPoS) consensus to manage its network. This means that validators and stakers are rewarded in newly minted Sui tokens as an incentive for them to stake their assets to the network to secure transactions. Any Sui-compatible wallet will be able to stake directly to the Sui network. Check the wallet’s documentation or guides to work out how to do this.

Our pick for the best Sui staking wallet is Sui Wallet. As the official Sui wallet, the platform has native integration with Sui staking and features some of the fastest settlement times for your Sui transactions.

Essential Features to Look for in a Sui Wallet

Any wallet you choose to hold your Sui should have the following features to ensure it can keep your assets secure and allow access to the wider Sui ecosystem. These features will help you to both secure your Sui assets, as well as take advantage of all the great features the Sui ecosystem has to offer.

Pro tip: Check out What is Sui? SUI Review & Beginner’s Guide to learn more about the Sui blockchain.

Security Measures and Protocols

Wallets, both hardware and software, should offer key recovery features as a minimum. This will allow you to recover your funds to another wallet if you lose access.

In addition, many wallets offer advanced security features such as address whitelisting, biometric locks, pins/passphrases, time locks, and 2FA (two-factor authentication) so you can keep your account secure. This will help to prevent hackers from accessing your wallet even if they have managed to acquire your private key information.

Cold storage is also an option you should consider. Cold storage means the wallet is not connected to the internet, thereby decreasing the likelihood of hackers accessing your funds. The term “cold storage” is often used synonymously with hardware wallets, but also includes less popular paper wallets. Hardware wallets are best suited for long-term investors, as cold wallet solutions can be cumbersome if trying to trade frequently or use DeFi protocols.

User Interface and Experience

All of the wallets featured in this guide place great importance on well-functioning user interfaces (UIs).

A good UI can make a world of difference in the user experience. A poor UI on the other hand can easily deter users from an otherwise solid wallet.

Sui places a big emphasis on simple, intuitive UI solutions. Although promising technical innovations under the hood, Sui’s focus on demystifying the complex world of cryptocurrencies arguably puts it a step ahead of the more established players on the market.

Compatibility with Other Cryptocurrencies

Compatibility with other cryptocurrencies is an important consideration, especially if you are planning to invest in an expensive hardware wallet. Ledger, for example, allows its hardware wallet to integrate with third-party wallet extensions while retaining security measures. 

Supporting 5,500 cryptocurrencies, Ledger is a great choice for a wallet provider that gives crypto buyers more bang for their buck when it comes to coin support.

Along with the obvious benefits of greater coin versatility for your chosen wallet, this also allows you to receive, buy, and store crypto from different blockchains for greater portfolio diversification.

Visit Ledger

Comparing Sui Wallets: What Sets Them Apart?

Deciding on a Sui wallet is a choice that must be made person to person. If you want a low-cost wallet with easy access to DeFi features such as staking, then a software wallet is likely the best choice for you. On the other hand, the dependable security features of hardware wallets combined with greater interoperability for wider blockchain support make them an attractive offering, too.

Sui blockchain
Source: Shutterstock

Hardware vs. Software Wallets: Choosing What’s Best for You

Choosing between hardware and software wallets depends on your preferences and what you want to do with your assets. If you’re looking to buy and hold for the foreseeable future, then a hardware wallet is likely best.

However, if you want to interact with DeFi protocols or stake your Sui in exchange for rewards, then a software wallet may be a better option.

The choice also depends on the size of your bag. If you have put significant funds into your investment, then a hardware wallet is probably the best option to protect your assets as hardware wallets are safer than software wallets due to their offline nature. However, if you’ve only bought a limited amount to test out, then a software wallet may be the better option thanks to its low cost.

Advantages of Hardware Wallets:

  • Enhanced Security: Private keys are encrypted and kept offline, making them less susceptible to hacking and malware.
  • Physical Protection: Typically requires physical access to confirm transactions, adding an extra layer of security.
  • Backup and Recovery Options: Most hardware wallets include recovery seed phrases, allowing you to restore assets if the device is lost or damaged.
  • Multi-Currency Support: Most hardware wallets support multiple cryptocurrencies, enabling a single device for a diverse collection of cryptocurrencies.

Advantages of Software Wallets:

  • Convenience: Easily accessible from a mobile device or computer, making it simple to manage and trade assets on the go.
  • Lower Cost: Typically free to download and use, unlike hardware wallets that require an upfront purchase.
  • Real-Time Transactions: Software wallets connect to the internet, allowing for instant transactions and access to DeFi services.
  • Integration with Exchanges: Many software wallets can connect to popular cryptocurrency exchanges, simplifying the buying and selling process.
  • Feature-Rich: Often includes tools for trading, staking, and earning rewards directly within the app.

Best Sui Wallets: Conclusion

Finding the best Sui wallet for you will need to be an informed decision based on your preferences and trading objectives. Ultimately, this will depend on the total value of your assets, along with other factors such as your wider crypto holdings and how often you use DeFi functions, such as staking or lending. As the initial cost of a hardware wallet can be relatively high, you may not need to make this purchase if you have less than $50 worth of Sui, for example. However, for larger, longer-term investments, a hardware wallet is strongly recommended to keep your assets more secure and mitigate the risk of hacks, exploits, and phishing attacks.

Our pick for the best Sui wallet in this guide is the Ledger Nano X. Offering comprehensive support for over 5,500 cryptocurrencies, as well as integration with third-party platforms puts Ledger ahead of the competition in our view. If you are interested in picking some Sui up for yourself, feel free to check out our How to Buy Sui Guide.

FAQ

How do I choose the best Sui wallet for my needs?

What is the Best Sui Wallet?

Can Sui wallets hold other cryptocurrencies?

What are the security features to look for in a Sui wallet?

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Jack is a content expert in the crypto space based in London, with over 5 years’ experience working as a writer, editor and content marketing expert. Jack first heard about Bitcoin in 2017 while traveling in China and has been blockchain-obsessed ever since. Before entering the crypto rabbit hole, Jack worked as a sub-editor for a consortium of magazines — including World Finance, The New Economy, and European CEO —  where he cut his teeth in writing and editing fintech content. Jack then specialized in crypto marketing, working for Coinjournal, the Luno exchange and Copper Technologies; broadening his knowledge in writing for both retail and institutional audiences.

View all Posts by Jack Pearson

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