How to buy Kusama
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Kusama.
- Open an account on an exchange that supports KSM.
Most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Kusama.
- Buy Kusama.
Complete your Kusama purchase and then find the best wallet to store KSM.
What is Kusama?
In the words of the development team, "Kusama is an early, unaudited and unrefined release of Polkadot." It's basically a live version of a test network for Polkadot, where parachains, dapps and staking can be done for a fraction of what it would cost to do on Polkadot. Features intended for Polkadot are first rolled out on Kusama, which has made it appealing to some as an experimental economy that may continue to hold value over time.
The KSM token is used for staking on the network, which allows stakers to launch Validator or Nominator nodes – these are used to secure the parachains and the Kusama relay chain respectively. In return for staking, users are rewarded with additional KSM tokens. Tokens may also be used for governance and voting on upgrades to the protocol.
Kusama (KSM) is the 41st largest cryptocurrency in the world by market cap, valued at US$2,053,744,500. The current price of Kusama is US$228.700, which is 6.277% higher than yesterday. Prices have ranged between US$229.280 and US$198.850 over the past 24 hours. All prices are listed in US dollars and accurate as of February 27, 2021 01:02 UTC.
Kusama coin priceUse our graph to track the performance of KSM over time.
Kusama at a glance
|Total KSM supply||10,000,000|
|All time high||US$295.110|
|All time high date||February 22, 2021|
Where to buy KusamaFind an exchange to buy, sell and trade KSM by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Kusama price performance over time
How to sell Kusama
You can cash out your KSM with the same exchange you bought it through:
- Sign in to the exchange you have KSM on.
If you store your Kusama in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of KSM you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Kusama.
Ask an Expert