How to Buy Kusama (KSM)

Learn all about Buy Kusama

Kusama (KSM) is the polkadot-ecosystem related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 156 based on market capitalization on CoinMarketCap, with a market capitalization of 490488730 recorded at the time of writing. KSM has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Kusama. They wish to invest or purchase Kusama (KSM), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Kusama. Regardless of your location, Bitrue can provide you with a simple and secure way to buy KSM.

Where and how to buy Kusama

When it comes to purchasing Kusama (KSM), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Kusama in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased KSM will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Kusama (KSM) through Bitrue.

Steps to Buy Kusama (KSM)

Step 1 Create a Bitrue Account

- Register through the official website, Bitrue.com.
- Download the Bitrue App and complete the registration process.
After successfully registering your Bitrue account, follow the security prompts on the website or app to enable Google 2FA for account dynamic verification.

Step 2 Complete KYC Verification

Visit the identity verification page on the Bitrue official website or app, select your country or region, upload valid identification documents, and submit a selfie. Once the identity verification is successful, you will receive a notification.

Step 3 Choose the method to Buy Kusama (KSM)

Buy Kusama Over-the-Counter (OTC)
- 1. Click on "Quick Buy" on the Bitrue official website or app. Choose "Credit Card" or "Bank Transfer" as the payment method.
- 2. Note: Purchasing Kusama (KSM) using "Credit Card" or "Bank Transfer" on Bitrue requires user identity verification. Please provide identity verification documents as per our platform's instructions.
- 3. Select Kusama (KSM) from the list of cryptocurrencies.
- 4. Enter the quantity of KSM you wish to purchase.
- 5. Connect your credit card or bank account.
- 6. Confirm and complete the payment process.
- 7. Transaction completed.
Buy Kusama through Spot Markets
- Note: Currently, the most popular Kusama spot trading pairs include KSM/USDT and KSM/USDC. Before purchasing Kusama (KSM) in the spot market, please ensure that your Bitrue wallet has a sufficient amount of cryptocurrencies (e.g. USDT, USDC). If your account does not have enough cryptocurrencies, you will need to recharge your Bitrue account.
- 1. Click on "Trade" -> "Spot" on the Bitrue official website or app.
- 2. Select Kusama (KSM) from the list of cryptocurrencies.
- 3. Enter the quantity of KSM you want to purchase, either at the market price or set a target price for buying Kusama.
- 4. Confirm the purchase order.
- 5. Transaction completed.
- If Bitrue exchange currently does not support the above methods for purchasing Kusama (KSM), users can only deposit KSM assets into their Bitrue accounts through a cryptocurrency wallet or choose a decentralized exchange (DEX) that supports KSM trading pairs for purchasing.

Step 4 Successful Purchase

The purchased Kusama assets are stored by default in your Bitrue cryptocurrency wallet or trading account. You can use Bitrue to trade other cryptocurrencies, stake for passive income, or withdraw it to an external Kusama cryptocurrency wallet.
Note: If you have not received your Kusama (KSM), visit the help center or contact online customer support for assistance.

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Alternative methods to acquire Kusama

Apart from directly buying Kusama (KSM), what are the alternative methods to acquire Kusama ?

Fixed Auto-Investment in KSM

Regularly invest a fixed amount at scheduled intervals in Kusama (KSM) digital assets, enjoying both short-term returns and long-term benefits.

Staking KSM

Flexible staking of Kusama (KSM) digital assets to earn interest or high returns in other cryptocurrencies.

Get Kusama (KSM) for free

If you have enough time, you can obtain Kusama for free through the following methods:

- Invite friends to join the Bitrue coupon event and earn free Kusama (KSM).

- Join the Bitrue Rewards Center, participate in ongoing challenges and airdrops to receive free Kusama.

- All cryptocurrency airdrops and rewards can be exchanged for KSM through coin-to-coin exchange or spot trading.

How to keep your Kusama safe and secure

Once you have purchased Kusama, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Kusama and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.

If you are highly familiar with operating on-chain Kusama wallets, you also have the option to store Kusama (KSM) separately in a personal encrypted wallet. This wallet serves to keep your Kusama secure and accessible, allowing you to send and receive it while maintaining control.

To ensure the security of your Kusama, consider the following types of encrypted wallets:

- Mobile Wallets: Store your private key in an application on your smartphone.

- Web Wallets: Third-party-controlled online servers that store your private key.

- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.

- Hardware Wallets: Physical devices for offline storage of private keys.

Note: Cryptocurrency wallets do not technically store your Kusama encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.

Why Bitrue is the Best Platform for Buying Kusama (KSM)

User-friendly Interface

Trading cryptocurrencies on Bitrue is a breeze, requiring just a few simple steps to instantly purchase Kusama.

Swift Deposits and Withdrawals

Our efficient real-time trading system ensures your Kusama assets are instantly depositable and withdrawable.

Security and Stability

With dual-factor authentication, multi-signature support, and cold-hot wallet segregation technology, we ensure the systematic security of Kusama.

Get KSM with Bitrue

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Some market stats about KSM

Price Analysis

KSMKusama Price Now:

$29.83-3%24H

Kusama is falling this week.

The price of Kusama has dropped by -20.69% in the last 7 days. It has seen a -3.69% decrease in the past 24 hours and a -0.3% decrease in just the last hour. The current price is $29.83 per KSM. Kusama is dropped -94.98% from its all-time high of $595.

Buy Kusama Now

Sandbox Testing

Calculate the Returns on Your Kusama Investment

How much profit would I have if I bought $ worth of Kusama in

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Returns based on the average Kusama price for that year. Not financial advice.

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How to buy other cryptocurrencies

There are lots of ways to buy, swap, and convert crypto. Learn more about how you can do it all using Bitrue with our how to buy crypto guide.

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FAQ About Buy Crypto

What is Kusama?

Kusama (KSM) is a cryptocurrency launched in 2019. Kusama has a current supply of 9,651,217.45126206 with 8,470,098.05726206 in circulation. The last known price of Kusama is 456.76505653 USD and is up 3.67 over the last 24 hours. It is currently trading on 104 active market(s) with $193,833,867.67 traded over the last 24 hours. More information can be found at https://kusama.network/.

How many Kusama are there in total?

The total supply of Kusama is 15,877,055 and the Circulating Supply is 15,877,055 .

Why are people buying Kusama?

People buy Kusama for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Kusama serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Kusama include investment, risk diversification, and trust in new digital assets.

Where is the preferred place to buy Kusama?

Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase KSM.

Should I buy Kusama?

Deciding whether to buy Kusama depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Kusama investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Kusama (KSM) may be a suitable investment choice. However, remember that all investments come with risks.

Can I use cash to buy Kusama?

Generally, buying Kusama digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.

How much does it cost to buy 10 KSM?

To purchase 10 KSM, the cost in USD would be $298.39.

What are the fees for buying Kusama?

Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies here.

How to use Apple Pay to buy KSM?

Currently, Bitrue does not support purchasing KSM or adding fiat currency using Apple Pay.

How to use Google Pay to buy KSM?

Currently, Bitrue does not support purchasing KSM or adding fiat currency using Google Pay.

How to use Paypal to buy KSM?

Currently, Bitrue does not support purchasing KSM or adding fiat currency using Paypal.

How to sell my Kusama?

If your Bitrue wallet does not hold Kusama, you need to deposit KSM into your Bitrue account. If you already have KSM, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of KSM you want to sell, select the selling price, confirm the sell order, and once your KSM is successfully sold, you can withdraw funds to your set bank account or other payment methods.

Can I purchase Kusama (KSM) worth 1 US dollar?

In theory, Kusama (KSM) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for KSM is 10 US dollars.

Disclaimer

Cryptocurrency markets are highly volatile and can experience rapid price fluctuations. You are solely responsible for your investment decisions and Bitrue is not liable for any losses you may incur. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information provided on this platform and any associated materials are for informational purposes only and should not be considered as financial or investment advice.

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