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Coinbase Announces Support for SUI Token Trading on Its Platform

Coinbase, the largest cryptocurrency exchange in the US, has announced its support for the SUI token on its trading platform. SUI will be included in the "Experimental" category, and trading of SUI-USD pairs is set to begin after 9 AM PT on May 18, 2023, if liquidity requirements are met.

Coinbase's move to support SUI aligns with its goal of offering credible crypto assets to its retail customers and promoting the use of Web3. SUI's addition to Coinbase's trading platform could have a significant impact on the crypto market, especially if the token gains widespread adoption and becomes a valuable asset in the DeFi space.

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