How to Add Sui to MetaMask to Easily Manage Sui Assets

Bittime – Managing Sui assets with MetaMask? Now you can! This article discusses how to add the Sui blockchain to your MetaMask wallet using Sui MetaMask Snap.

What is Sui?

Sui is a non-EVM Layer 1 blockchain developed by Mysten Labs. Unlike Ethereum, Sui uses the Move programming language and runs a Delegated Proof of Stake (DPOS) consensus algorithm.

Sui promises super fast transaction speeds and low transaction fees (up to 125,000 TPS and around $0.001 per transaction).

The network is also fairly active, with more than 8 million unique wallets and an average of 10 million daily transactions.

MetaMask and Non-EVM Assets

Despite having some similarities to the Ethereum network, the EVM-based MetaMask wallet cannot directly manage assets from non-EVM blockchains like Sui.

To manage Sui assets, you need MetaMask Snap. Snap is MetaMask's latest development that serves as a bridge between MetaMask wallets and various crypto networks.

Also Read: Coinbase Announces Release of cbBTC

What is MetaMask Snap?

MetaMask Snap is currently only available for the MetaMask browser extension. Snap serves to expand the functionality of the MetaMask wallet.

Snap is a third-party application that uses the MetaMask wallet to perform its functions, and requires permission from the wallet owner.

Currently, there are three MetaMask Snap categories:

• Transaction Analysis: Snaps like Tenderly provide in-app explanations of the transactions you're about to make, so you can see security details and preview transaction results.
• Interoperability: This Snap bridges MetaMask wallets with non-EVM networks. This allows users on other networks such as Bitcoin, Sui, Cosmos, and Solana to manage their assets through the MetaMask wallet.
• Transaction Notification: Snap can also be developed for other functions, such as transaction notifications.

Using Sui MetaMask Snap

This article focuses on Sui Snap Wallet and how Sui investors can manage their assets using it.

1. Install Sui MetaMask Snap

It is recommended to install Snap from the MetaMask Snap directory. However, Snap can also be installed from the developer platform. Make sure you verify the authenticity of the source before installing Snap from outside the MetaMask directory.

Installation Steps:

• Visit the MetaMask Snap directory.
• Search for Sui in the search box and select Sui Snap Wallet by Kuna Labs (or any other Snap you want).
• Click "Add to MetaMask" on the right side of the Snap page.
• Follow the instructions from your MetaMask wallet to complete the installation process. Make sure you understand and agree to the permissions the app requests before continuing with the installation.

2. Using Sui Snap Wallet

Once installed, you can use Sui Snap Wallet for various functions, just as you would a MetaMask wallet. Here are some examples:

Sui is a Layer 1 network that supports a variety of dApps, including DeFi, NFT, and utility applications. You can connect to any dApp using Sui Snap Wallet, as long as the dApp supports Snap. The example in this article uses Cetus Finance.

• Visit the Cetus Finance platform.
• Click "Connect Wallet" on the main page.
• Select "Sui MetaMask Snap" from the wallet options.
• Follow the instructions on your wallet to connect to the platform.
• Your wallet is now connected to the dApp and you can perform various operations available on the platform.

Send Token:

• Click the "Send" button on the main page of Sui Snap Wallet.
• Enter the recipient's address.
• Select the assets you want to send.
• Enter the amount and click "Send".
• Approve transactions from your MetaMask wallet. The assets will arrive in the recipient's wallet after being confirmed on the network.

Staking Token:

• Click "Staking" from the wallet main page.
• Click "Stake SUI" to continue.
• Select Validator and enter the number of tokens you want to stake.
• Click "Staking Now" to continue.
• Approve staking transactions from your MetaMask wallet. Your assets will be staked to validators and potentially earn rewards according to network rules.

Also Read: The Cause of Yesterday's Bitcoin Crash According to Crypto Academy

Conclusion 

Using Sui MetaMask Snap makes it easy to manage Sui assets without the need to install a separate wallet.

However, it is important to understand that Snap is not a standalone wallet. Your assets are still managed within the Sui wallet, and MetaMask only serves as a link.

1. Advantages of Using Sui MetaMask Snap

• Ease of access: You can manage Sui assets directly from the MetaMask browser extension you may already be using.
• Interoperability: Snap can support various dApps on the Sui network.

2. Disadvantages of Using Sui MetaMask Snap

• Security: Since Snap does not manage private keys, security relies on the security of your MetaMask wallet.
• Functionality limitations: Some features may not be available or have limitations compared to the standalone Sui wallet.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

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