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What is KSM?

Kusama was founded by Gavin Wood, founder of Polkadot and former co-founder of Ethereum. He created Kusama as an independent project, which also exists as a testnet for Polkadot.


Often called Polkadot's "canary network", Kusama has a fast-paced development environment. This allows more radical testing in real economic conditions than its more conservative cousin, Polkadot. As a result, all non-transaction-based governance processes are around four times faster on Kusama.


Like Polkadot, Kusama's blockchain is a relay chain that coordinates both communication and governance between its attached parachains. Kusama is also built using near-identical Substrate-based technology and the nPOS (Nominated Proof-of-Stake) consensus mechanism. Both cousin blockchains are multichains with on-chain governance, hot-swap runtimes for forkless upgrades and XCM messaging for interoperability.


Kusama has a strong use case for early-stage startup networks looking to build their custom blockchain thanks to lower entry barriers for parachain deployers. With low bond requirements and fast iterations, Kusama is an exciting protocol with innovation, disruption and cutting-edge technology at its forefront.


KSM is Kusama's native token, used for decentralized governance and network validation.

How to buy Cryptocurrency?

Why buy KSM with OKX?

Buy/Sell KSM in a few steps

Simple

OKX makes it easy to buy Cryptocurrency with a user-friendly interface
Buy/Sell KSM in a few steps

Flexible

OKX offers a variety of payment methods and supports numerous local currencies to help users buy Kusama
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Fast

Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history

What can I do after I buy KSM?

Invest in an innovative, fast-iteration network with the potential for rapid technological growth. With Kusama, you can do much more than letting it sit in your OKX wallet.


Participate in Open Governance

Become a network participant on Kusama to vote and have a say in fast-paced referendums and iterations. Kusama adapts and innovates much faster than a traditional blockchain like Polkadot, enabling the community to realize tangible progress. Kusama also has low slashing penalties, encouraging greater validator participation.


Launch Your Custom Parachain Blockchain

The Kusama network is ideal for early-stage startup networks, thanks to low entry barriers. Kusama’s disruptive innovation can be a great ecosystem for startup networks to build brand and community before Polkadot deployment. Both validators and parachains have very low bond requirements on Kusama.


Leverage Global Kusama Community

Whether you’re looking to build a parachain or dApp, with your KSM holdings, you are a part of Kusama’s dedicated global community of developers – a valuable resource for learning and growth. Be exposed to a pre-production environment for Polkadot.


Enjoy Next-Gen Features

Compared to Kusama, Polkadot is highly secure but also more conservative and rigid when it comes to upgrades and iterations. By being a part of the Kusama ecosystem that acts as a test nest, you are exposed to the latest technology and exclusive new features not yet available on the DOT blockchain.


How to buy Cryptocurrency and store it safely?

Guide on how to buy Kusama (KSM)

Buy Kusama with Debit/Credit Cards

Easily buy Kusama with your debit/credit card with over 90 supported fiat currencies. OKX supports the use of Visa, Mastercard and other debit/credit cards. If your preferred fiat or payment mode is unavailable, you may buy Kusama with USDT or with crypto you own.


Buy USDT from Peer-to-Peer (P2P) Market

Navigate to our escrow-powered P2P trading window and purchase USDT directly from trusted sellers to trade it for Kusama. OKX supports 40 payment methods, including bank transfer, PayPal, Cash App, Revolut and more.


Trade Kusama in OKX Spot Market

Buy Kusama in our Spot Trading market easily and instantly. OKX listed the Kusama token against USDT, USDC, BTC and ETH. If you already own those coins, you can transfer them to your OKX account to buy Kusama directly.


Buy Kusama with OKX Convert

Buying Kusama may not be possible with some crypto assets, but OKX has you covered in such a scenario. Our "Convert" feature offers free, instant, slippage-free swaps for more than 100 different digital assets.

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FAQs
  • Can I buy Kusama with a debit/credit card?
    Yes, you buy Kusama with a debit/credit card using over 90 different fiat currencies. Alternatively, you can convert or swap your crypto for Kusama using OKX Convert or our trading terminal.
  • I already have Kusama. Can I transfer it to OKX?
    If you already own Kusama, you can transfer it straight to your OKX wallet. OKX is an excellent platform for storing your holdings due to our low trading fees and top security processes.
  • Do I have to pay fees to buy Kusama on OKX?
    If you choose to swap your USDT holdings to Kusama using our OKX Convert, you pay zero fees for an instant swap. You might have to pay a small fee for a USDT purchase or spot trading against popular KSM trading pairs. However, OKX has competitively low trading fees compared to other platforms.
  • What are the Kusama trading pairs on OKX?
    You can place spot or margin trades against the popular trading pairs, KSM/USDT, KSM/USDC, KSM/ETH and KSM/BTC. You can also use our OKX Convert to swap over 100 cryptocurrencies to Kusama with zero transaction fees.
  • Is Kusama a safe investment?
    While OKX is one of the safest places to buy Kusama, we cannot safeguard or guarantee against market volatility. All cryptocurrencies are considered a volatile asset class by major financial institutions. An investment decision to buy Kusama should arise from diligent research, appropriate portfolio diversification and an awareness of market sentiment.
  • What are the most popular cryptocurrencies to invest in today?

    Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).

    However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.

  • What are the top cryptocurrencies I can buy on OKX now?
    OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.