SUI Gets Binance Listing; IOU Price Set To Skyrocket

The native token of the Layer 1 blockchain, Sui Network, known as SUI (IOU), is scheduled to be listed on Binance, the largest crypto exchange in the world. According to the announcement, Binance will introduce trading of SUI and list it in six pairs, which are SUI/BTC, SUI/USDT, SUI/TUSD, SUI/BNB, SUI/EUR, and SUI/TRY, starting from May 3, 2023.

As the mainnet launch of Sui Network approaches, its native token SUI has gained attention from the cryptocurrency community and has been listed on several exchanges such as OKX, Bybit, and Kucoin. However, it should be noted that while Binance has announced the listing of SUI and its 6 pairs, the exchange has not yet revealed plans to launch SUI perpetual contracts, unlike the APT futures.

At the time of writing, Sui's average trading price was $3, as reported by WikiBIT's data, indicating a 7% increase in price over the past 24 hours.

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