Sui is another emerging Move-based public chain developed by the Mysten Labs team, with its mainnet launched in 2023. Binance has supported SUI mainnet token deposits and withdrawals since 2023 and added the native USDC channel on Sui in 2024. Here is a complete walkthrough of the process. Account Setup: Register and complete KYC on the Binance official website, use the Binance official app for mobile, and refer to the iOS installation guide for iPhone users.
1. Differences Between Sui and Aptos
Although both utilize the Move language, Sui and Aptos differ in several ways:
| Dimension | Sui | Aptos |
|---|---|---|
| Data Model | Object-based | Account-based |
| Block Time | ~0.4 seconds | ~0.5 seconds |
| Address Format | 64-character hex (starts with 0x) | 64-character hex (starts with 0x) |
| Native USDT | No | Yes |
| Native USDC | Yes (issued by Circle) | No |
The primary stablecoin on the Sui chain is USDC, while Aptos focuses on USDT. This is a key distinction when choosing a network.
2. Binance Side: Sui Deposit Entry
- Go to Wallet → Fiat and Spot → Deposit.
- Select SUI or USDC as the coin.
- In the network list, select Sui (this option appears when USDC is selected).
- Copy the 64-character 0x address.
- No Memo is required.
Binance requires 1 block confirmation for deposits, typically taking between 30 seconds and 2 minutes.
3. Recommended Sui Wallets
| Wallet | Type | Network Support |
|---|---|---|
| Sui Wallet | Browser Extension + Mobile | Official Sui Wallet |
| Suiet | Browser Extension | Mainstream Community Wallet |
| Ethos Wallet | Mobile | Sui Mobile Wallet |
| OKX Web3 Wallet | Multi-chain | Supports Sui |
For beginners, Sui Wallet or Suiet is recommended, as their interfaces are similar to Phantom.
4. Withdrawal Steps (Using Suiet as an Example)
- Open Suiet and ensure you are on the Sui Mainnet (not Testnet).
- Select SUI or USDC and click "Send".
- Paste your Binance deposit address.
- Enter the amount and check the estimated Gas fee (usually < 0.005 SUI).
- Confirm and sign the transaction.
The deposit will immediately enter the mempool and typically arrives within 30 seconds after being included in a block.
5. Minimum Deposit and Confirmation Requirements
| Coin | Min Deposit | Confirmations | Typical Arrival Time |
|---|---|---|---|
| SUI | 0.05 | 1 | 30–120 seconds |
| USDC (Sui) | 1 | 1 | 30–120 seconds |
Deposits below the minimum amount will not be credited.
6. Common Pitfalls
Pitfall 1: Token Ticker Confusion
Binance lists the native SUI token on the mainnet, but there may be project tokens like Suiswap on other platforms. When withdrawing or depositing, always ensure it is the mainnet SUI (contract 0x2::sui::SUI).
Pitfall 2: USDC Type Confusion
There are several types of USDC on Sui:
- Native Circle USDC (Recommended, supported by Binance): Issued directly by Circle via CCTP.
- Wormhole Bridged USDC (wUSDC): Bridged from other chains; Binance does NOT support this.
Before sending, verify the token contract on the Sui Explorer (suiscan.xyz) to ensure it is the native Circle version.
Pitfall 3: Similar Address Formats
Both Aptos and Sui use 0x + 64-character hex addresses, but they are not interchangeable. An Aptos address cannot be used for Sui, and vice versa. Always double-check the network before transferring.
7. Withdrawing to the Sui Network
To withdraw from Binance to Sui:
- Go to Wallet → Withdraw → SUI or USDC.
- Select the Sui network.
- Paste your Sui wallet address and enter the amount.
- The withdrawal fee is usually around 0.05 SUI.
- Arrival time is typically 1–5 minutes.
Withdrawal limits depend on your KYC level. Standard accounts have a daily limit of 5–10 million USD equivalent, which is more than enough for most users.
8. Actual Sui Transaction Speed Performance
In our testing, withdrawing USDC from Binance to a Suiet wallet showed:
- Fastest: 48 seconds (credited after 1 block confirmation).
- Average: 2–3 minutes.
- Slowest: 5 minutes (due to Binance processing queues).
Deposits are usually faster because Binance requires fewer confirmations for this network.
If you are involved in on-chain DeFi (such as LP on Cetus or lending on Navi), Sui offers one of the smoothest user experiences, and the Binance deposit/withdrawal channels are very stable. While TRC20 remains a convenient choice for standard stablecoin transfers, Sui is ideal for engaging with the Sui ecosystem itself.