How to Buy Kusama | Buy KSM in 4 Steps (June 2024)

Kusama is a public pre-production environment for Polkadot, this enables developers to test and experiment with new types of blockchain applications before releasing them live on the Polkadot network. Kusama, therefore, acts as a testing ground for early projects. This is an interesting way for the public to preview projects before they go live on mainstream Polkadot.

To learn more, visit our Investing in Kusama guide.

How to Buy Kusama (KSM) in 4 Steps

The whole process can take as little as 10 minutes, and all you'll need is a smartphone or computer, photo identification, and a means of payment.

1. Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Kusama (KSM) cryptocurrency.
2. Create an account – Verify your email address and identity.
3. Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
4. Buy Kusama – Use your funds to Buy KSM.

We list the top 6 exchanges that offer the ability to buy Kusama (KSM) with a credit card, debit card, or Bitcoin (BTC).

1. Uphold

A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies, including Kusama (KSM). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.

Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.

Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks, and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.

Best of all, it offers KSM staking opportunities.

German & Netherlands residents are prohibited.

Read our Uphold Review or visit Uphold.

Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong..

2. Kraken

Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry, with over 9,000,000 users and over $207 billion in quarterly trading volume.

From humble beginnings, Kraken now offers over 200 digital assets, including Kusama (KSM). For more sophisticated investors, Kraken also offers futures and margin trading.

Kraken has continued to evolve its platform, and its commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.

Kraken offers trading access to over 190 countries, including Australia, Canada, Europe, and is our most recommended exchange for USA residents. (Excluding New York & Washington state)

Read our Kraken Review or visit Kraken.

3. KuCoin

KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading.  It now offers a varied range of services, including a P2P exchange capability, and purchasing with credit or debit cards.

KuCoin currently offers Kusama (KSM) cryptocurrency trading as well as over 300 other popular tokens.  It is often the first to offer buying opportunities for new tokens.

USA residents are prohibited.

Read our KuCoin Review or visit KuCoin.

4. Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Kusama (KSM) here are both lower fees than competing exchanges, and increased liquidity, enabling you to buy and sell quickly to take advantage of market-moving news.

This exchange is best for investors residing in Australia, Singapore, UK & internationally. Canadian & USA residents are prohibited.

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

5. HTX

Established in 2013, HTX has since become one of the world’s largest digital asset exchanges, with an accumulated trading volume of US $1 trillion. Having once accounted for half of the world’s digital asset transactions, HTX now serves more than 5 million users in over 130 countries around the globe. It should be noted that HTX currently does not accept USA or Canadian residents.

HTX is one of the top exchanges that currently offer Kusama (KSM) trading opportunities.

Read our HTX Review or visit HTX.

6. WazirX

Launched in 2018, WazirX is India’s biggest cryptocurrency exchange with over 6,o00,000 users, and is expanding rapidly. It is one of the most reputable exchanges to currently offer Kusama (KSM) trading opportunities and currently accepts clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.

USA residents are prohibited.

Read our WazirX review or visit WazirX