December 12, 2024
Backpack, the leading cryptocurrency exchange and wallet platform, has announced its integration with Sui Network, a layer 1 blockchain that delivers unprecedented speed and scalability.To get an advertising service for crypto projects
BackPack integrates with Sui to deliver an ultra-fast and scalable trading experience
The BackPack exchange currently serves users from over 150 countries and has recorded a trading volume of $60 billion since its launch a year ago.
While this collaboration between the Sui and BackPack teams aims to provide integration opportunities and list new projects on the Sui network, it also enhances the user experience for both platforms.
The BackPack wallet is designed to easily and securely manage digital assets, supporting assets such as Solana, Ethereum, and soon the Sui network. The wallet will also provide reliable and secure solutions for Sui users, and will be available as mobile apps on Apple iOS and Android, as well as a Chrome browser extension.
Sui is a layer-one blockchain and smart contract platform designed to make digital asset ownership fast, secure, and accessible to everyone. The platform is built on a unique object-oriented model and uses the Move programming language to enable parallel execution and near-instant transaction completion.
Jameel Khalfan, Global Ecosystem Lead at SWI, said:
“By integrating the unique user experience of the fully regulated BackPack platform with its non-custodial wallet, Sui is taking a major step towards enhancing what it offers to the ecosystem of users, developers, and network enthusiasts. We are excited to work with the BackPack team to expand the user experience and bring the platform’s popular features to the Sui community.”
BackPack provides a reliable infrastructure that enables Sui participants to easily manage and trade assets. In turn, the integration of Sui represents a strategic move for BackPack to expand its user base, to include millions of network enthusiasts and support a multi-chain future.
“Integrating Sui Network gives our users access to its rapidly growing ecosystem, and opens up new opportunities for developers, projects, and traders,” said Armani Ferrente, CEO and Founder of BackPack.
In short, this collaboration between BackPack, a leading digital wallet and trading platform, and Sui Network aims to provide innovative asset management and trading solutions, with a focus on enhancing user experience and supporting projects and developers in the blockchain ecosystem.
