Sui (SUI) now Available on Bitvavo – A New Layer 1 Blockchain with Scalability and Security Features.
Sui (SUI) Available on Bitvavo
Bitvavo, the largest cryptocurrency trading platform in the Netherlands, has announced the availability of Sui (SUI) on its platform. Sui, a layer 1 blockchain that focuses on smart contracts, offers significant improvements over competing networks. For instance, it is horizontally scalable, meaning that it has a high throughput for transactions while remaining affordable to use.
The Benefits of Sui
Sui has multiple unique features. Firstly, it has zero-knowledge proof integrated, improving the network’s security. Secondly, it uses programmable objects that represent user assets rather than wallet addresses, which is the norm for most networks. Additionally, users can create new objects by putting objects inside other objects, making it easy to build new assets. Users need the SUI token for gas commissions and to pay the storage fund.
The Security Features of Sui
Sui has multiple features to ensure its security. It has zero-knowledge proof integrated into its network, making it more secure than other networks. Zero-knowledge login ensures users’ privacy when logging into their accounts, as it only sends the necessary information.
The Scalability of Sui
Sui is horizontally scalable, making it a highly scalable blockchain that can handle a high volume of transactions while remaining affordable to use. The programmable objects in Sui make it easy to create new assets. As a result, it is an ideal platform for developers to create new blockchain solutions.
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Free €10 at Bitvavo, Lots of New Altcoins
Bitvavo has recently added multiple new altcoins to its platform, including Arbitrum (ARB), Blur (BLUR), Optimism (OP), dYdX (DYDX), Alchemy Pay (ACH), and Dusk Network (DUSK). Moreover, users get €10 free when they create a new account on the platform, which they can use to buy Sui and other assets.
Which Altcoins Are Now Available on Bitvavo?
Bitvavo has added multiple new assets to its platform, including:
- Arbitrum (ARB)
- Blur (BLUR)
- Optimism (OP)
- dYdX (DYDX)
- Alchemy Pay (ACH)
- Dusk Network (DUSK).
The Free €10 Offer from Bitvavo
Bitvavo’s welcome offer provides users with €10 for free when they create an account. The offer is applicable for all assets, including Sui. The €10 can be used to buy assets or withdraw to a bank account.
With Sui being available on Bitvavo, users can now easily access the promising new blockchain. The security and scalability features of Sui, combined with the ease of building new assets on the platform, makes it an exciting new platform for developers and investors.