SUI Wallet Comparison: Features, Costs, Functionality

Sui is a Layer-1 blockchain launched in May 2023 that aims to bring the ease of Web2 to Web3. At the center of Sui’s ecosystem is SUI, the native token that powers activities on the Sui blockchain, including paying gas fees for all operations.

While anyone can own SUI tokens, you need a secure crypto wallet that supports the SUI token to interact with the Sui ecosystem.

In addition to managing, sending, and receiving SUI tokens, your SUI wallet should have smart contract capabilities to connect to GameFi platforms, DeFi protocols, and NFT marketplaces built on the Sui blockchain.

To help you choose a SUI wallet, we’ll compare our top five Sui-compatible crypto wallets: Trust Wallet, Bitget Wallet, OKX Wallet, Suiet, and Ledger. Our comparison guide will focus on five criteria: cost, platform accessibility, backup options, supported assets, and in-app buying possibilities.

Cost Comparison and Accessibility

Understanding cost implications and accessibility is crucial when choosing the right crypto wallet. Here, we break down these two features for our five picks.

Trust Wallet

Trust Wallet is a leading self-custody, multi-chain wallet that supports 100+ blockchains, including Sui.

People don’t incur wallet fees when using Trust Wallet, although they must pay gas fees when transacting on the app.

This crypto wallet has more than 80M downloads thanks to its wide range of features, user-friendliness, intuitive design, and availability on multiple devices and platforms. You can download Trust Wallet as a mobile app for Android and iOS or as a browser extension on various browsers, including Brave, Chrome, Edge, and Opera.

Moreover, you can connect your Trust Wallet to a hardware wallet like Ledger for heightened storage security.

Bitget Wallet

Branding itself as the Web3 trading wallet of the future, Bitget Wallet provides easy access to Web3 applications and marketplaces. Formerly known as BitKeep, Bitget Wallet is another crypto wallet you can consider for exploring the Sui ecosystem.

Like Trust Wallet, Bitget Wallet doesn’t charge any in-wallet fees. Bitget Wallet users only pay Sui blockchain transaction fees.

The Web3 wallet has a simple setup process and is available on iOS and Android, as well as a browser extension on Chrome. You can also connect your Bitget Wallet to a hardware wallet.

OKX Wallet

OKX Wallet is a crypto wallet created by the crypto exchange OKX to provide a non-custodial wallet for its customer base.

Like other Web3 wallets in this guide, OKX doesn’t charge people any in-wallet fees.

The OKX Wallet is available on Android and iOS devices, MacOS and Windows desktops, and as a browser extension for Chrome and Firefox. Like Trust Wallet and Bitget Wallet, you can also connect your OKX Wallet to a hardware wallet.

Suiet

The Suiet wallet is a self-custody crypto wallet exclusively designed for the Sui ecosystem. It has an intuitive interface that makes it easy to use for both experienced and novice users.

Suiet wallet users don’t incur any in-wallet fees. Only Sui blockchain gas fees have to be paid when transacting using the wallet.

It’s currently available as a browser extension on Chrome. However, mobile support is on the company’s roadmap.

Ledger

Ledger is a market-leading, multi-asset hardware wallet, enabling people to store a wide range of digital currencies and tokens in cold storage.

There are three Ledger hardware wallets to choose from that you can also directly purchase from the wallet provider’s website. These are the Ledger Nano S Plus, Ledger Nano X, and Ledger Stax.

Their price ranges between €79.00 and €279.00. If you are a newbie interested in a cold wallet, you can consider getting the Ledger Nano S, which retails at €79.00 and stands out as the most affordable option.

Security and Backup/Recovery Options

All the wallets featured in our guide have their own security and backup or recovery options. Let’s dive into each wallet’s security features and recovery options.

Trust Wallet

Trust Wallet offers two recovery options: you can either use a 12-word seed phrase or choose the encrypted cloud backup option.

The wallet also offers a more secure Web3 experience thanks to its Trust Wallet Security Scanner, which offers multiple layers of protection. The security scanner is a built-in security feature that protects your crypto assets in real time by alerting you of any risky transactions.

Bitget Wallet

The Bitget Wallet utilizes a 12-word secret phrase and an encrypted cloud backup option regardless of what wallet option you choose to create.

Regarding security, the Bitget Wallet uses combined encryption of sha256+aes256+cloud verification to provide users with the highest level of encryption. This feature ensures that their private keys and mnemonics are safely secured from any potential security attacks.

OKX Wallet

Like Trust Wallet and Bitget Wallet, the OKX Wallet utilizes a 12-word secret phrase and encrypted cloud backup option. Additionally, it is also non-custodial, ensuring only you have control over your assets. The wallet also comes with TouchID access for enhanced security.

Suiet

Suiet uses a 12-word secret phrase as a backup option. On matters of wallet security, Suiet uses a non-custodial architecture and incorporates TouchID integration to safeguard its users’ assets.

Ledger

The Ledger wallet uses both a seed phrase and a 25th word. The 25th-word option allows users to add an extra word to their 24-word seed phrase or an optional ‘passphrase.’

The cold wallet also uses the Secure Element chip and exclusive OS to protect your crypto assets from any security breach.

Functionality

Finally, let’s take a look at each wallet’s functionalities.

Trust Wallet

Trust Wallet supports over 10M digital assets across 100+ blockchains, including SUI.

With Trust Wallet, you can access Sui-based dApps, DeFi apps, and NFT marketplaces. You can also buy, receive, send, and stake your SUI tokens, a testament to Trust Wallet’s diverse integration in the crypto market.

Bitget Wallet

Bitget Wallet supports over 250,000 crypto assets across 90+ blockchains, including SUI. You can also access dApps and DeFi platforms that you can use to borrow, swap, or lend your digital assets.

Users can also swap their SUI token using the Bitget Wallet. However, this option is only available if you create a Mnemonic Wallet, as the Multi-Party Computation (MPC) Wallet currently doesn’t support the Sui network.

OKX Wallet

The OKX Wallet supports the SUI token and over 350 tokens across 80+ blockchains. Using the OKX Wallet, users can securely manage their Sui assets. You can also stake your SUI tokens via the Earn feature in the OKX Wallet.

Suiet

The Suiet Wallet supports SUI and Sui-based assets, including NFTs. You can use the wallet to securely store, send, and receive SUI tokens. Moreover, you can also manage your NFTs within the app and explore Sui-based dApps within the wallet.

Ledger

The Ledger wallet supports over 5,500 digital assets, including SUI. In addition to enabling users to securely store their digital assets offline, Ledger also provides cold staking, allowing people to stake Proof-of-Stake-based cryptocurrencies to earn staking rewards.

Comparison Summary

Below, we compare five well-known SUI wallets, including Trust Wallet.

Conclusion

Choosing a suitable Sui wallet all boils down to your personal preferences and needs.

For instance, do you prefer a wallet you can easily access on mobile, like Trust Wallet, or would you rather have a physical hardware wallet, like Ledger?

When looking for a crypto wallet, consider the features that each wallet offers and ease of use. For example, Trust Wallet is an excellent choice for both newbies and expert crypto users. It’s easy to use, accessible on multiple platforms, and supports millions of assets across hundreds of blockchains. Moreover, it has excellent security features.

Besides the basic features, also factor in advanced features like dApp integrations, staking, swapping, and the wallet’s user interface before settling for a crypto wallet. The most important feature, however, remains security.

As the crypto and Web3 space is ever-evolving and growing, we expect the crypto wallet landscape to advance and offer more multifaceted and user-friendly features and interfaces.

Download Trust Wallet today to manage, stake, and swap your SUI tokens.

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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.