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Where to Buy Kusama: Best Exchanges to Buy KSM

By Edred K. 10 min read

Are you looking to buy Kusama (KSM) and don’t know where to start? Well, if that’s the case then you are on the right place. Don't be terrified; buying cryptocurrency is now easier than ever. With the rate at which prices have risen, cryptocurrency is an interesting investment. However, if you're just getting started, the purchase process might be perplexing, and you may be unclear where to begin. Let’s get started.

Where to buy Kusama

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Kusama (KSM) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Kusama.

1. OKX

OKX crypto exchange, founded in 2017 and headquartered in the Seychelles, is a prominent cryptocurrency exchange that uses blockchain technology to provide clients with a diverse range of trading goods. Hundreds of tokens are available to clients in over 200 countries and you can easily purchase Kusama (KSM) using our step by step.

It allow users to purchase, sell, and swap multiple supported assets. It also allows you to lend and borrow specific coins, as well as join proof-of-work mining pools and earn crypto as a miner. OKX presently offers over 100 cryptocurrencies, as well as over 400 crypto trading pairings.

According to CoinMarketCap, OKX is now one of the top 20 cryptocurrency exchanges in the world by trading volume, and it has a global presence.

OKX Pros

  • Allows the use of a wide range of fiat currencies to establish an account.
  • Offers diverse range of services.
  • Hundreds of trading pairs with high staking APYs.
  • An easy-to-use buy/sell dashboard.
  • Online chat tech support that replies promptly.

OKX Cons

  • Very Complex fee structure.
  • US Citizens are not allowed.
  • There are no Demo accounts available.

 

How to buy Kusama on OKX

Follow our step by step guide below to start buying Kusama (KSM) on OkX Exchange:

1. Log in to your OKX Account.

2. Under the "Buy" tab, choose the fiat currency you wish to use and Kusama from the dropdown menu. Then, enter the amount of fiat cash you wish to spend or Kusama (KSM) you want to purchase.

3. Select your desired mode of payment (Credit Card, Bank Transfer or Crypto).

4. Your bought Kusama will be instantly deposited to your OKX account after payment is completed.


2. Binance

Binance is well-known for its cryptocurrency-to-cryptocurrency trading services. Binance came onto the scene during the 2017 crypto craze and has since risen to become the world's leading cryptocurrency exchange. 

By trading volume, Binance is the world's largest online cryptocurrency exchange. The exchange is also one of the most rapidly growing venues in the cryptocurrency market today. You can easily buy and sell Kusama (KSM) using our step by step guide.

The exchange offers investors one of the most diverse selections of cryptos accessible on the market today. The currencies and tokens on sale range from the markets largest by market cap to some smaller and less well-known coins and tokens.

Binance Features

  1. Binance trading has some of the lowest costs in the business.
  2. On Binance, you can trade over 180 cryptocurrencies.
  3. The exchange is available through online and mobile apps for Android and iOS, as well as desktop programmes for macOS and Windows.
  4. Binance Futures provides up to 125x leverage while margin trading provides up to 3x leverage.
  5. It offers a dedicated help Centre where you may contact the support team or get actual beginning tips and explanations of various exchange operations.
  6. It also allows you to make passive income from your crypto assets through staking, crypto lending, and other methods.

Getting Started with Binance

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward, and you do not need to verify your account for level 1, which has a daily withdrawal limit of 2BTC.

For level 2, which enables up to 100BTC every day, you must upload a picture ID and wait for approval. There are still greater restrictions, but you must contact them personally to arrange for them.

Follow the steps below to open a Binance account:

Step 1: Visit the Binance Website

Step 2: Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.

Step 3: Enable 2-Factor Authentication.

Step 4: Select and Link you payment Methods.

Step 5: Deposit and Start trading.

How to buy Kusama on Binance

Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.

1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.

2. You can purchase Kusama (KSM) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Kusama you can acquire.

3. Select the payment method and fill the required information than Continue.

4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of Kusama you may get will be adjusted depending on the current market price. 

5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired KSM in your Binance Spot Wallet immediately.


3. KuCoin

KuCoin has become one of the most popular cryptocurrency exchanges in the world. It not only gives you access to over 450 cryptocurrency pairings, but it also allows you to trade crypto-specific indices and Bitcoin futures.

Furthermore, ordinary trading costs are only 0.1 percent, which you may lower by an extra 20% by paying using KuCoin Shares. We also appreciate that you may now deposit funds with a debit or credit card, however you will have to go through a KYC check first.

Moreover, KuCoin is that it is not a fully regulated organization. While this means you may trade crypto-to-crypto pairings anonymously.

KuCoin Pros

  • There are almost 200 cryptocurrencies supported.
  • There are several payment options.
  • Allows for the conversion of money to cryptocurrency and vice versa.
  • Downloading mobile apps for Android and iOS devices is simple.
  • Micro withdrawal wallets are now available.
  • Trading commission is rather minimal.

KuCoin Cons

  • Expensive costs when purchasing cryptocurrency with fiat currency (3 percent -12 percent).
  • Fiat currency cannot be withdrawn.

Getting Started with KuCoin

Users must first create an account in order to utilize the exchange. The procedure is quite quick and straightforward.

You can open an account with KuCoin by following the easy steps outlined below.

Step 1: To begin, go to the platform's main website.

Step 2: Then, to access the registration form, click the "Sign Up" option.

Step 3: Fill your required information. Verify your supplied email address or Phone Number by clicking on the verification link that was delivered to your inbox.

Step 4: You must provide your cellphone number with the country code to complete the two-step verification process.

Step 5: Now the Account has been created.


4. Gate.io

Gate.io is a Cryptocurrency exchanges platform that allows you to trade Bitcoin, Litecoin, Eth, and other blockchain assets. Within a few years, the exchange acquired global traction and is today available in virtually every country on the planet. However, the platform is presently not active in China, and its registered office has been relocated to Virginia, USA.

This trading platform not only supports over 800 main cryptocurrencies with over 1,000 trading pairings, but it also offers spot trade and margin trade. It has also expanded its offerings to include ETFs, options, futures, and derivatives for investors. It is primarily a platform for professional traders. Beginners with minimal expertise, on the other hand, will benefit from this platform as well.

Getting Started with Gate.io

Creating an account on Gate.io is pretty simple and straightforward, just follow these simple steps below.

Step 1: Go to the official Gate.io website and click Sign Up.

Step 2: On the next screen, enter your email address, and create a password.

Step 3: Next: You must generate a fund password (This password adds an extra layer to your security as without this key no one can withdraw funds from your account).

Step 4: You will be prompted to confirm your email address.

Step 5: Once you've verified your email, you can simply Login to the site and begin trading!

Note: Due to changing regulations, You might need to go through a KYC process to verify your identity.

Gate.io Pros

  • The platform is available in over 400 markets and 800 coins worldwide.
  • The IEO (initial exchange offering) platform is fantastic.
  • Strong mobile application.
  • There are several options available, including spot trading and margin trading with 10x leverage.
  • Exchange that is extremely secure.
  • Customer service is available 24/7.

Gate.io Cons

  • The exchange is unregulated.
  • It is not advised for inexperienced traders.

How to buy Kusama on Gate.io

Follow our step by step guide to buy Kusama (KSM) on gate.io:

1. Log in to your Account on Gate.io.

2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy KSM coin (Credit card, Bank Transfer, P2P Trade).

3. Enter the purchase amount in USD. Now select/search Kusama from dropdown menu.

4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.

5. Accept the terms and conditions and click Purchase.

Now you are Proud investor in Kusama (KSM).

If you want to buy Kusama with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for KSM and buy it using your deposit cryptocurrency.


5. Huobi Global

Huobi is one of the world's major cryptocurrency trading platforms, originally located in Beijing but now headquartered in Singapore. The exchange accepts both ICO tokens, cryptocurrencies and highlights the Blockchain economy's future development.

This Exchange has incredible features that appeal to global investors, such as derivative trading. It is a Huobi Global feature that allows you to trade in both futures and swap markets. This function truly assists exchange users in maximizing their earning potential.

Huobi Global is regarded as a secure and trustworthy platform for purchasing, trading, storing, earning, and selling 348 digital currencies. Tens of millions of consumers in more than 195 countries utilize the exchange, which accepts over 60 payment options for converting cash to cryptocurrency.

Huobi Global Features

  1. Provides Multiple Trading options like Margin,spot etc.
  2. Payment options that are adaptable.
  3. Over 900 trading pairs are supported.
  4. Trading commissions are as follows: 0.2 percent for the maker and 0.2 percent for the taker.
  5. Available on Google Play and Apple's App Store.
  6. Based on trading volume, it is the world's third largest cryptocurrency exchange.
  7. 348 cryptocurrencies are supported, with over 927 trade pairings.
  8. TradingView charts and tools are included in the advanced trading platform.
  9. Competitive Trading commissions of 0.2 percent.
  10. Institutional OTC trading.
  11. A reserve of 20,000 BTC has been set aside for severe security crises and breaches.

How to buy Kusama on Huobi Global

Follow the steps below to buy Kusama (KSM) on Huobi Global: First and foremost, please ensure that you have sufficient USDT assets in your balance.

1. Visit Huobi global website. On the home page, select Kusama, and then on the next page, click "Buy Crypto"

2. Within 45 seconds, enter the entire amount of money you want to spend or the total number of KSM you wish to acquire. Then, choose "Order." Next, select a payment option and transfer funds straight to the seller using the information given.

3. Then, using the payment option you selected, transmit the complete amount of money within the time period specified. Following payment completion, please click "Paid".

4. If all of the information is accurate, "Confirm" to confirm that you have finished the payment.


Other Exchanges to buy Kusama

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy KSM.

1. BitMart Join Now
2. FMFW.io Join Now
3. HitBTC Join Now
4. AAX Join Now
5. LocalTrade Join Now
6. Digifinex Join Now
7. Bibox Join Now
8. Hoo.com Join Now
9. BKEX Join Now


Conclusion

Choosing the best cryptocurrency platform for Kusama (KSM) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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