Why buy Kusama with Kraken?

About Kusama

What can you do with Kusama?

Swap Kusama for other assets

Learn more about Kusama

1. How does Kusama work?

   Unlike traditional currencies, Kusama is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Kusama. This decentralization means the holders and users of Kusama can help to maintain the network.

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2. Where can I buy Kusama?

   Most find that the easiest and most secure way to purchase Kusama is through a reliable cryptocurrency platform like Kraken. While Kusama can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Kusama.

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3. How much does 1 Kusama cost?

   At the current market rate, it costs $31.96 to purchase one KSM. Kraken makes it easy to buy & sell Kusama with confidence.

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4. Can I buy $100 worth of Kusama?

   Yes, Kraken offers a secure and easy to buy $100 worth of Kusama. At its current price, $100 equals 3.13 KSM.

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5. Is it safe to buy Kusama?

   Kraken employs advanced security measures, including encryption and account protection, to ensure your Kusama purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Kusama investment. You should do your own research on Kusama price before buying.

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6. Is Kusama available to buy and sell in my country?

   To find out if Kraken offers Kusama in your region, please check our Support article to see what cryptoassets are available in your country.

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7. Is Kusama a good investment?

   The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Kusama may be a worthwhile purchase.

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8. Can I purchase Kusama using my local currency?

   Kraken supports six different government-issued fiat currencies including:

   • US dollars (USD)
   • Euros (EUR)
   • Canadian dollars (CAD)
   • Pounds sterling (GBP)
   • Swiss franc (CHF)
   • Australian dollar (AUD)

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9. How much is Kusama transaction fee?

   Kraken offers competitive fees for Kusama transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

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10. What is the minimum Kusama investment?

    You can buy as little as $10 worth of Kusama on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Kusama regularly.

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11. How to buy Kusama with PayPal?

    To buy Kusama with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Kusama, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Kusama.

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12. How to buy Kusama with a debit card?

    You can buy Kusama using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

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13. How to buy Kusama with a credit card?

    You can buy Kusama using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
    
    To buy Kusama using a credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

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14. How to buy Kusama with other cryptocurrencies?

    Kraken makes it easy to buy Kusama using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Kusama. Browse the Kusama markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

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15. Can I transfer Kusama from Kraken to my crypto wallet?

    Yes, the Kusama you buy on Kraken is yours. Kraken makes it easy to withdraw your Kusama to any hot wallet or cold wallet that supports Kusama. Simply enter the external wallet address and your Kusama will be in your wallet a few moments later.

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16. Is it safe to keep Kusama on Kraken?

    We take every measure possible to keep the Kusama you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Kusama. Learn more about our globally-recognized security standards.

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17. What is the current circulating supply of Kusama?

    The current circulating supply of Kusama is 16,007,274 KSM.

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