Sui Crypto Beginners Guide (How to Buy Sui Ecosystem Tokens Like $FUD and $HSUI via Turbos DEX)
welcome back to sty crypto today I’m
going to talk about s or sui I’m not
sure the exact pronunciation but we’ll
go withu and I’m going to show you how
to get started it’s a newer L1
blockchain non evm just about a year old
not even so there’s definitely some
upside potentially withu not Financial
advice it’s just for educational
purposes only I highly recommend
following Mato on X um he posts a lot of
content about Su okay so let’s get
started so obviously go to their X
profile and then you can click through
here which will take you to their
website so if you scroll to the bottom
of their website you’ll see ecosystem
and then directory this is where you’ll
find all the projects currently building
on sui specifically what we’re looking
for right now is we need a wallet right
so let’s click on select category and
then let’s go to wallet and there are a
bunch of wallets available for sui the
one I’m going to do in this example is
the native SOI wallet uh again native to
the blockchain Sweet I’ve heard a lot of
good things about this one as well so
I’m going to do a follow-up video
covering that but in this case we’re
going to go with just soie wallet so
we’ll go ahead and click on wallet a
view website it’ll take you to the
Chrome web store and then we’re just
going to add this as an extension just
like we would uh metamask or Phantom
Other web 3 wallets one of the neat
things about SOI is that they aim to
make it very easy for the web 2 world to
connect to web 3 without really even
know much the technical details of it so
you can see you do have the option to
sign in with Google or twitch but in
this case we’re going to create a new
wallet so we’re going to click there and
you you also have the option to use a
ledger Hardware wallet um or to import
an existing wallet wallet in this case
we’re going to create a new wallet all
right so once you’ve entered your
password you do have the option here to
autolock it after set amount of time
check this box here that you’ve read
terms and agreed and create wallet all
right so it’s going to take you to this
wallet created and your recovery phrase
obviously I’m not going to show this but
what you’re going to do is you going to
click here so write it down multiple
times and store it in multiple locations
in case something happens once you’ve
saved your recovery phrase check this
box and then open s wallet okay so
here’s my new wallet one other thing
I’ll show you that like to do right away
open a new tab and then click on this
and then click pin so it’s easy to
access there it is once you have your
wallet created the next step is to send
some Suite to it they give you the
option to buy it right in the wallet so
if you’re able to do this with moonay or
transact if you want to try it that way
you can do that I purchased my Suite on
a centralized exchange I use coinbase so
I’m going to send it from coinbase to
this wallet address so you would just
copy your wallet address go into
coinbase or whatever exchange you’re
using and then hit trans transfer and
send it to your wallet address it’s
really fast it’ll show up almost
instantaneously so once you have some s
in your wallet next step is we’re going
to go explore some of the ecosystem
tokens you go to deck screener click on
sui you’ll see all the tokens in the
ecosystem I like to look for the top
meme coins on new blockchains or really
any blockchain and see if I have an
opportunity to get into them at a good
price where if more liquidity and volume
comes into the blockchain it’s kind of a
levered long on the underlying token so
that’s what we’re doing here with sui
not Financial advice this is just one of
my strategies please do your own
research fud is a token that I’ve looked
at it seems to be their top meme coin at
the moment the way I like to analyze mem
coins obviously you look at the chart go
out to X see how many followers they
have see how often they post learn as
much information about them as you can
the other things I look at market cap
obviously it’s still relatively low it
looks like at one point yeah I always
change this to market cap when looking
at meme tokens it’s just gives you a
better idea so it has touched like 25
million market cap right now it’s
sitting around 12 looks like it’s a
pretty good entry in my opinion so we’re
going to purchase this one some other
things I like to look at to when
analyzing meme tokens whether it’s on
sui on SE or salana I like to go down
here and click search on Twitter and
this is just going to search it by the
actual ticker symbol another good way to
kind of get a feel for sentiment around
the token so I’ve done my research on
fud I like it and I’m going to use this
in the example today of how to buy SOI
ecosystem tokens now that we’ve
identified the token we want to purchase
we need a deex there are multiple dexes
for sui the one we’re going to use in
this example is turbos so again I always
recommend starting on their uh X page or
Twitter page turbos is a good Dex
another one is cedis this is also a
really good Dex for sui in this example
we’re going to use turbos all right so
I’m going to go ahead and connect my
wallet in this case we’re using sui
wallet wallet will pop open just click
connect all right while it’s connected
I’m going to swap obviously some sui for
I want to get fud so let’s click here
and see if it’s already in here natively
which it is actually so you just click
on this if your token does not show up
when you’re looking to swap it on a
decks like turbos or any other decks
what you want to do is go to Dex
screener and then copy the token
contract address up here just click copy
and then go back to your Dex and you
would paste it and if it’s available on
that Dex it’ll pop up and you can just
click this and then click on all right
so we’re going to swap some SOI for fud
right now we have 40 available right in
our wallet 40 SOI so let’s just say half
so we’ll swap 20 so for this amount of
fud rate warning I’m not sure what that
is let’s click on that this is just a
slipage I guess it’s set to Auto so
we’ll just leave it on auto for now if
you’re trying to trade a token that is
very volatile with lots of volume you
probably have to increase your slippage
to like 3 4 5% this case we’re going to
leave it on auto and we’re going to
click trade
and then go ahead and approve it so it
was really fast another benefit of sui
is extremely fast so you traded 20 sui
for that much fud you can view it on the
Explorer so click view on explore sui
vision is their version of like ether
scan or Soul scan or say scan right it’s
the Explorer for the sui blockchain so
we can see success here let’s close this
and then let’s open our SOI wallet nice
so it showed up automatically I didn’t
have to add the token manually so we
have that much we have 72 million fud
and now we have 20 SOI my theory again
is that if volume does come into the
ecosystem tokens of SOI the top meme
coins could see significant increase in
price it’s kind of a way to leverage uh
meme coins to grow your swei bag so
everything that I showed you here I will
put links to it in the description this
is just a quick video to show you how to
get started I will have more videos on
sui and other things such as nfts and
defi uh coming up so please stay stay
tuned thank you for watching this video
I’ll see you on the next one
Step-by-step guide on how to get started in the Sui crypto ecosystem. In this tutorial, we’ll first show you how to create a Web3 Sui native Wallet and send $SUI tokens to it via a centralized exchange like Coinbase. Next, we’ll use DEX Screener to find top Sui ecosystem meme coins with potential to moon when more liquidity enters the blockchain. Finally, we’ll show you Sui native DEXs like Turbos and Cetus to swap $SUI for $FUD and any other ecosystem tokens.
Sui is a unique layer 1 non-EVM blockchain that is super fast and has low transaction fees. Sui aims to onboard the masses by making it seamless for Web2 users to move to Web3.
Learn more about Sui Network on X: https://twitter.com/SuiNetwork
Follow Matteo on X for great Sui guides and content: https://twitter.com/matteodotsui
Sui Wallet: https://sui.directory/project/sui-wallet/
Turbos Finance DEX for Sui: https://twitter.com/Turbos_finance
Cetus is another DEX and liquidity protocol for Sui: https://twitter.com/cetusprotocol
SuiVision is the Sui Blockchain explorer: https://suivision.xyz/
Dex Screener to find Sui ecosystem tokens: https://dexscreener.com/sui
Sui Crypto Ecosystem Guide: https://stouy.com/sui-crypto-guide-to-getting-started-in-the-meme-coin-ecosystem/
Song: French Morning
Music by: CreatorMix.com
This video is for entertainment purposes only. It is not financial advice and is not an endorsement of any provider, product, asset or service. Crypto is high risk, you can lose your money. We are not responsible for any funds lost due to platform or user error. Links above could include affiliate commission or referrals.