Bitbank to list SUI on August 14

## Next-generation chain developed by former Meta developers

The cryptocurrency exchange Bitbank announced plans to start handling SUI from August 14.

Bitbank plans to start handling SUI in its services, including exchange (spot trading), sales office, lending for growth, and regular purchases. The trading pair SUI/JPY will be added.

Sui (SUI) is a layer 1 blockchain developed by former Meta (formerly Facebook) employees. It is designed to keep fees low and maintain fast network processing even as the number of users increases. The biggest feature of Sui is its "parallel processing" technology, which allows multiple transactions to be processed simultaneously.

While traditional blockchains process transactions one by one in order, Sui achieves a significant increase in processing speed by processing unrelated transactions simultaneously.

In addition, a smart contract environment based on the Move language developed by Meta is also provided, enabling the development of decentralized applications (dApps) that are safer and more flexible than before.

SUI tokens have functions related to the operation of the network, including staking that supports security, governance voting that determines the direction of the protocol, and payment of transaction fees. As of August 8, 2025, the unit price is 562 yen, and the market capitalization of 1.9 trillion yen ranks 16th in the market.

Planning a zero trading fee campaign

To commemorate the start of handling SUI, Bitbank will conduct a trading fee-free campaign for the SUI/JPY pair. The campaign period is from the start date of handling until September 11, 2025 (Thursday) at 11:59 AM.

With the start of handling SUI, Bitbank's "Lend and Earn with Cryptocurrency" service is also expected to begin accepting SUI. This service operates on a loan agreement that allows for a maximum annual fee of 5%, and at the end of one year, the lent cryptocurrency and the fee will be returned.

bitbank's Open an account here (free)

SUI-2.64%
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