Exchange | ||||||
Rating | ||||||
Custodian from BlackRock? | ||||||
Fees | 0,15% | 0,10% | 0,99% | 1,49% | 0,99% | 1% |
Fees per $1.000 | $1,50 | $12,50 | 1€ | 14,90€ | $9,90 | $10,00 |
Transfer to external wallet | ||||||
Security | ||||||
Details | The best overall package, the safest exchange in the world, also used by BlackRock, with extremely low fees. | The largest exchange in the world with low fees, but with a but with an incident where CEO CZ had to resign. | The largest exchange in the world with low fees, but with a but with an incident where CEO CZ had to resign. | Extremely secure, but comparatively high fees. | Simple, fast and secure. | Simple, fast, secure, comparatively high fees. |
Go to |
Buy Kusama (KSM) Quickly and Securely on Coinbase

- Transaction Fees & Funding: Coinbase provides clear and transparent fees, which include a 1.49% commission plus a 0.5% spread for purchasing KSM. You can fund your Coinbase account using SEPA transfers (free for European users), bank transfers, or PayPal (with a 3.49% fee for immediate purchases).
- Platform Accessibility & Order Execution: Coinbase allows you to start with as little as 1 KSM, making it accessible for newcomers. The platform supports various order types such as market, limit, and stop-limit orders, which accommodate different trading strategies.
- Security & Regulatory Compliance: Coinbase prioritizes security by implementing two-factor authentication (2FA) and securing 98% of digital assets in cold storage. It adheres to major regulatory bodies like the SEC and FCA, ensuring a safe environment for KSM transactions.
- Platform Scope & User Experience: Coinbase supports over 240 cryptocurrencies, including Kusama (KSM). The platform’s user-friendly interface is accessible on both mobile and web applications, providing an intuitive experience for traders worldwide.
- Customer Support & Tax Tools: Coinbase offers 24/7 customer support through email and live chat, assisting with any concerns. Additionally, it provides integrated tax reporting tools to simplify tax compliance for your KSM purchases.
- Mobile Application: Coinbase offers a fully-featured mobile app that allows you to manage your KSM holdings and trade while on the move.
Follow these simple steps to purchase KSM:
- Sign Up or Log In: Create a Coinbase account or log into your existing one.
- Fund Your Account: Link your payment method (such as a bank transfer, debit card, or PayPal) and deposit funds into your account.
- Search for KSM: Use the search bar to find Kusama (KSM).
- Enter Purchase Details: Specify how much KSM you wish to buy.
- Complete Your Purchase: Verify the transaction details and confirm your purchase.
Feature | Details |
Fee Structure | 1.49% fee for buying XRP, plus 0.5% spread. |
Payment Methods | SEPA (free in Europe), bank/wire transfers, debit cards, PayPal (3.49% for instant buys). |
Minimum Purchase Amount | Minimum purchase is 1 XRP. |
Order Types | Supports market, limit, and stop-limit orders. |
Security Measures | 2FA system, 98% assets in cold storage. |
Regulation and Licensing | Regulated by SEC, CFTC, FinCEN, state regulators, FCA, BaFin, Central Bank of Ireland, and soon MiCA. |
Cryptocurrency Availability | Over 240 cryptocurrencies available. |
User-Friendliness | Beginner-friendly with global app/website access. |
Two-Factor Authentication (2FA) | Available for all users. |
Support Quality | 24/7 Global support via email and live chat. |
Tax Reporting Interface | Tools for easier tax compliance. |
App/Browser Usage | Works on mobile and desktop globally. |
Acquire Kusama (KSM) in 5 Minutes on Binance

- Fee Structure: Binance charges a standard trading fee of 0.10% for both maker and taker orders. Credit card payments may incur up to a 3.5% fee.
- Payment Methods: Binance supports multiple funding methods, including SEPA transfers, credit/debit cards, PayPal (available in select regions), and third-party services like Simplex. Credit card payments come with a 3.5% fee.
- Minimum Purchase Amount: The minimum amount required to buy KSM is $10 USD or its equivalent in local currency.
- Order Types: Binance supports a variety of order types, such as Market, Limit, Stop-Limit, OCO (One-Cancels-the-Other), and advanced orders like trailing stop orders.
- Security Protocols: Binance offers two-factor authentication (2FA) and secures the majority of funds in cold storage to ensure the safety of your assets.
- Regulatory Compliance: Binance complies with anti-money laundering (AML) and Know Your Customer (KYC) regulations in most regions, although it faces some regulatory challenges in certain countries.
- Cryptocurrency Availability: Binance supports over 600 cryptocurrencies, including KSM.
- User-Friendliness: Binance offers a user-friendly interface suitable for beginners while providing advanced tools for experienced traders. The mobile app and web interface are both intuitive.
- Two-Factor Authentication (2FA): Enabling 2FA is highly recommended for added account security.
- Customer Support: Binance offers 24/7 customer support via live chat, email, and an extensive help center.
Step 1: Create and Verify Your Binance Account
- Visit Binance: Go to www.binance.com.
- Sign Up: Click “Register,” enter your email address, and create a secure password to complete the registration.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and performing facial verification.
Step 2: Deposit Funds into Your Binance Account
- Log In: After completing the verification, log into your Binance account.
- Deposit Fiat or Cryptocurrency:
- For Fiat: Click “Deposit,” choose your payment method (e.g., bank transfer, credit card, or PayPal), and transfer funds.
- For Crypto: If you already hold cryptocurrency, select “Deposit” and transfer your assets to Binance.
Step 3: Find Kusama (KSM) Market
- Go to Markets: On Binance’s homepage, select “Markets” to access available trading pairs.
- Search for Kusama (KSM): In the search bar, type “KSM” and select the trading pair that corresponds with your deposit (e.g., KSM/USDT).
Step 4: Place Your Purchase Order
- Choose the Order Type:
- Market Order: Select “Market Order” to buy KSM at the best available price.
- Limit Order: Choose “Limit Order” if you want to buy KSM at a specific price.
- Enter the Quantity: Specify how much KSM you wish to buy.
- Confirm the Transaction: Double-check the details and click “Buy KSM” to complete the purchase.
Step 5: Secure Your KSM
- Verify Your Balance: Go to your “Wallet” to confirm your KSM balance.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your KSM to a personal wallet rather than leaving it on the exchange.
Buy Kusama (KSM) on Bitget

- Fee Structure: Bitget charges a competitive flat fee of 0.06% for both maker and taker orders. Users who hold Bitget’s native token, BGB, can receive additional discounts on trading fees.
- Payment Methods: Bitget supports various payment methods including bank transfers, credit/debit cards, and stablecoin deposits. Bank transfers are free, but card payments incur a 3% fee.
- Minimum Purchase Amount: The minimum purchase required for Kusama (KSM) is typically around $10 USD.
- Order Types: Bitget supports Market, Limit, and Stop-Limit orders, and also offers copy trading, allowing users to follow expert traders for automated strategies.
- Security Features: Bitget uses multi-signature wallets and two-factor authentication (2FA) to ensure the security of your assets. Cold storage is used for most of the funds to protect them from online threats.
- Regulation and Licensing: Bitget operates with some regulatory oversight in specific regions, but it remains lightly regulated in others.
- Cryptocurrency Availability: Bitget supports over 150 cryptocurrencies, including Kusama (KSM).
- User-Friendliness: Bitget offers a simple and easy-to-navigate platform that is suitable for both new and seasoned traders.
- Two-Factor Authentication (2FA): Bitget strongly recommends enabling 2FA for securing your account.
- Customer Support: Bitget provides 24/7 customer support through live chat, email, and an extensive help center.
Step 1: Create an Account
- Visit Bitget: Go to www.bitget.com and create an account.
- Provide Your Information: Enter your email address and create a secure password to complete the registration.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and a selfie.
Step 2: Deposit Funds
- Log In: After verification, log into your Bitget account.
- Fund Your Account: You can deposit funds via bank transfer, credit card, or cryptocurrency transfer.
Step 3: Find Kusama (KSM)
- Search for KSM: Go to the trading section and search for Kusama (KSM) or select its trading pair (e.g., KSM/USDT).
Step 4: Place Your Order
- Choose the Order Type:
- Market Order: Choose “Market Order” to buy KSM at the best available price.
- Limit Order: Choose “Limit Order” if you want to buy KSM at a specific price.
- Enter the Amount: Specify how much KSM you wish to buy.
- Confirm Your Purchase: Double-check the details and click “Buy KSM” to complete your purchase.
Step 5: Secure Your KSM
- Check Your Balance: After completing your purchase, verify your KSM balance in your Bitget wallet.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your KSM to a personal wallet such as a hardware wallet.
Buy Kusama (KSM) on Bybit

- Fee Structure: Bybit charges a standard fee of 0.10% for both maker and taker orders. Discounts are available for users who hold Bybit’s native token, BYD.
- Payment Methods: Bybit supports credit/debit cards, bank transfers, and third-party services like Simplex. Credit card payments may incur up to a 3.99% fee.
- Minimum Purchase Amount: The minimum amount required to buy KSM is $10 USD.
- Order Types: Bybit supports Market, Limit, Stop-Limit, Trailing Stop, and Conditional Orders.
- Security Measures: Bybit uses 2FA, encryption, and cold storage for enhanced security of user assets.
- Regulation and Licensing: Bybit is licensed in certain jurisdictions, though it remains unregulated in others.
- Cryptocurrency Availability: Bybit supports a wide range of cryptocurrencies, including Kusama (KSM).
- User-Friendliness: The platform’s interface is straightforward, making it easy for both beginners and experienced traders to use.
- Two-Factor Authentication (2FA): Enabling 2FA is highly recommended to secure your account.
- Customer Support: Bybit provides 24/7 customer support through live chat, email, and a comprehensive help center.
Step 1: Create and Verify Your Bybit Account
- Visit Bybit: Go to www.bybit.com.
- Sign Up: Click “Sign Up” and enter your email address, create a secure password, and complete the verification process.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and a facial verification.
Step 2: Deposit Funds into Your Bybit Account
- Log In: After completing the verification, log into your Bybit account.
- Deposit Funds:
- For Fiat: Go to “Assets” > “Deposit” and choose your preferred payment method (e.g., credit card or bank transfer).
- For Crypto: Go to “Assets” > “Deposit” and transfer your cryptocurrency to Bybit.
Step 3: Find Kusama (KSM) Market
- Go to the Markets Section: Click “Trade” to access available trading pairs.
- Search for Kusama (KSM): Type “KSM” in the search bar to find the trading pair (e.g., KSM/USDT).
Step 4: Place Your Buy Order
- Choose the Order Type:
- Market Order: Select “Market Order” to buy KSM at the best available price.
- Limit Order: Choose “Limit Order” if you want to buy KSM at a specific price.
- Enter the Amount: Specify how much KSM you wish to buy.
- Confirm Your Purchase: Review the details and click “Buy KSM” to complete your transaction.
Step 5: Secure Your KSM
- Check Your Balance: Go to “Assets” to verify your KSM balance.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your KSM to a personal wallet, such as a hardware wallet, rather than keeping it on the exchange.
Buy Kusama (KSM) on Kraken

- Fee Structure: Kraken charges a maker fee of 0.16% and a taker fee of 0.26% under its basic plan. High-volume traders can benefit from discounts based on their trading volume.
- Payment Methods: Kraken accepts SEPA transfers, ACH transfers, and credit card payments, with a 3.75% fee for credit card purchases.
- Minimum Purchase Amount: The minimum purchase for KSM is typically $10 USD.
- Order Types: Kraken supports Market, Limit, Stop-Limit, and more advanced order types like OCO (One Cancels Other).
- Security Features: Kraken uses 2FA, SSL encryption, and cold storage to protect user funds.
- Regulation and Licensing: Kraken is fully regulated in the United States and adheres to financial regulations in the regions where it operates.
- Cryptocurrency Availability: Kraken supports over 70 cryptocurrencies, including Kusama (KSM).
- User-Friendliness: Kraken provides a straightforward interface that is suitable for both novice and experienced traders.
- Two-Factor Authentication (2FA): 2FA is highly recommended to further secure your account.
- Customer Support: Kraken offers responsive customer support via live chat, email, and an extensive knowledge base.
Step 1: Create and Verify Your Kraken Account
- Visit Kraken: Go to www.kraken.com.
- Sign Up: Click “Create Account,” enter your email, create a secure password, and complete the verification process.
- Verify Your Identity: Submit a government-issued ID for KYC compliance.
Step 2: Deposit Funds
- Log In: After completing the verification, log into your Kraken account.
- Deposit Funds:
- For Fiat: Go to “Funding” > “Deposit” and select your payment method (e.g., bank transfer or credit card).
- For Crypto: Go to “Funding” > “Deposit” and transfer your crypto to Kraken.
Step 3: Navigate to the KSM Market
- Go to the Markets Section: Click “Trade” to access Kraken’s platform.
- Search for Kusama (KSM): Type “KSM” in the search bar and select the trading pair (e.g., KSM/USD or KSM/USDT).
Step 4: Place Your Buy Order
- Choose the Order Type:
- Market Order: Choose “Market Order” to buy KSM at the current price.
- Limit Order: Choose “Limit Order” to buy KSM at a specific price.
- Enter the Amount: Specify how much KSM you wish to purchase.
- Confirm Your Purchase: Review your order details and click “Buy KSM” to execute the transaction.
Step 5: Secure Your KSM
- Check Your Balance: After completing the purchase, go to “Funding” to verify your KSM balance.
- Transfer to a Secure Wallet (Optional): For additional security, consider transferring your KSM to a personal wallet, such as a hardware wallet.
Buy Kusama (KSM) on Crypto.com

- Fee Structure: Crypto.com charges a fee of 2.99% for credit card purchases, with trading fees as low as 0.10% depending on your membership level.
- Payment Methods: Crypto.com supports a variety of payment methods, including credit/debit cards, bank transfers, and cryptocurrency deposits.
- Minimum Purchase Amount: The minimum purchase for KSM is $10 USD.
- Order Types: Crypto.com supports Market, Limit, and Stop orders, giving users multiple options for executing trades.
- Security Features: Crypto.com uses two-factor authentication (2FA), SSL encryption, and cold storage for added protection of user funds and personal information.
- Regulation and Licensing: Crypto.com is regulated in several jurisdictions and follows strict Anti-Money Laundering (AML) and Know Your Customer (KYC) policies.
- Cryptocurrency Availability: Crypto.com supports a wide range of cryptocurrencies, including Kusama (KSM).
- User-Friendliness: The platform is designed for both beginners and advanced traders, with a clean and intuitive interface.
- Two-Factor Authentication (2FA): 2FA is strongly recommended to secure your account.
- Customer Support: Crypto.com provides 24/7 customer support via live chat and email, ensuring assistance whenever needed.
- Tax Reporting Tools: Crypto.com offers integrated tax reporting tools to help with tax compliance for your KSM transactions.
Step 1: Create and Verify Your Crypto.com Account
- Visit Crypto.com: Go to www.crypto.com.
- Sign Up: Click “Sign Up,” enter your email address, create a strong password, and follow the on-screen instructions.
- Verify Your Identity: Complete the KYC (Know Your Customer) process by submitting a government-issued ID and performing facial verification.
Step 2: Deposit Funds into Your Crypto.com Account
- Log In: After verification, log into your Crypto.com account.
- Deposit Funds:
- For Fiat: Navigate to “Accounts” > “Fiat Wallet” > “Deposit” and select your preferred payment method (bank transfer, credit card, PayPal).
- For Crypto: If you have cryptocurrency, go to “Accounts” > “Crypto Wallet” > “Deposit” and transfer your assets to Crypto.com.
Step 3: Search for Kusama (KSM)
- Go to the Crypto.com App or Website: Click on “Trade” or “Markets” to access the available cryptocurrencies.
- Search for Kusama (KSM): Type “KSM” in the search bar and select the KSM/USDT or KSM/USD trading pair, depending on your funding method.
Step 4: Place Your Buy Order
- Select the Order Type:
- Market Order: Choose “Market” if you want to buy KSM at the best available price.
- Limit Order: Choose “Limit” if you want to buy KSM at a specific price.
- Enter the Amount: Specify how much KSM you wish to purchase.
- Confirm Your Purchase: Double-check your order and click “Buy KSM” to complete the transaction.
Step 5: Secure Your KSM
- Check Your Balance: After completing your purchase, go to “Accounts” to confirm that your KSM balance has been updated.
- Transfer to a Secure Wallet (Optional): For added security, transfer your KSM to a personal wallet, such as a hardware wallet, instead of keeping it on the exchange.
Buy Kusama (KSM) on OKX

- Fee Structure: OKX charges a base fee of 0.10% for both maker and taker trades. Discounts are available for users based on trading volume.
- Payment Methods: OKX supports SEPA transfers, credit/debit cards, and third-party payment services, making it easy to deposit funds.
- Minimum Purchase Amount: The minimum purchase amount for KSM is generally $10 USD.
- Order Types: OKX supports Market, Limit, Stop-Limit, and OCO (One Cancels Other) orders, giving you the flexibility to choose your preferred trading strategy.
- Security Features: OKX uses two-factor authentication (2FA) and cold storage for the majority of funds to ensure the security of your assets.
- Regulation and Licensing: OKX operates in accordance with regulations in several regions but is lightly regulated in certain jurisdictions.
- Cryptocurrency Availability: OKX supports over 200 cryptocurrencies, including Kusama (KSM).
- User-Friendliness: OKX provides an easy-to-use interface suitable for both beginners and experienced traders.
- Two-Factor Authentication (2FA): Enabling 2FA is highly recommended to secure your account.
- Customer Support: OKX offers 24/7 customer support via live chat and email.
Step 1: Create and Verify Your OKX Account
- Visit OKX: Go to www.okx.com.
- Sign Up: Click “Sign Up,” enter your email address, create a secure password, and complete the verification process.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and completing facial verification.
Step 2: Deposit Funds into Your OKX Account
- Log In: After verification, log into your OKX account.
- Deposit Funds:
- For Fiat: Go to “Assets” > “Fiat” > “Deposit” and select your preferred payment method (e.g., bank transfer, credit card, etc.).
- For Crypto: Go to “Assets” > “Crypto” > “Deposit” and transfer your cryptocurrency to OKX.
Step 3: Find Kusama (KSM) Market
- Go to the Market Section: Click “Trade” to enter the trading platform.
- Search for Kusama (KSM): In the search bar, type “KSM” and select the appropriate trading pair, such as KSM/USDT.
Step 4: Place Your Buy Order
- Choose the Order Type:
- Market Order: Choose “Market Order” to buy KSM at the current market price.
- Limit Order: Choose “Limit Order” to set a specific price for buying KSM.
- Enter the Amount: Specify how much KSM you wish to purchase.
- Confirm Your Purchase: Double-check the details and click “Buy KSM” to complete the transaction.
Step 5: Secure Your KSM
- Check Your Balance: Go to “Assets” to confirm that your KSM is now in your OKX wallet.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your KSM to a personal wallet, such as a hardware wallet.
Buy Kusama (KSM) on KuCoin

- Fee Structure: KuCoin charges a 0.10% trading fee for both maker and taker trades. Users who hold KuCoin Shares (KCS) can enjoy discounts on trading fees.
- Payment Methods: KuCoin supports bank transfers, credit/debit cards, and third-party payment providers such as Simplex.
- Minimum Purchase Amount: The minimum purchase amount for KSM is typically $10 USD or its equivalent in local currency.
- Order Types: KuCoin offers Market, Limit, Stop-Limit, and OCO (One Cancels Other) orders for flexibility in executing trades.
- Security Features: KuCoin uses two-factor authentication (2FA), cold storage, and encryption to safeguard user assets.
- Regulation and Licensing: KuCoin complies with local regulations in some regions, though it is not heavily regulated in others.
- Cryptocurrency Availability: KuCoin supports over 400 cryptocurrencies, including KSM.
- User-Friendliness: KuCoin’s platform is easy to navigate, making it suitable for both beginners and experienced traders.
- Two-Factor Authentication (2FA): 2FA is highly recommended for securing your account.
- Customer Support: KuCoin offers 24/7 customer support via live chat, email, and an extensive FAQ section.
Step 1: Create an Account on KuCoin
- Visit KuCoin: Go to www.kucoin.com.
- Sign Up: Click “Sign Up,” enter your email address, create a secure password, and follow the registration process.
- Verify Your Identity: Complete the KYC process by submitting a valid government-issued ID and undergoing facial verification.
Buy Kusama (KSM) on Bitpanda

- Fee Structure: Bitpanda charges between 1.49% and 1.99% for cryptocurrency purchases, depending on the payment method chosen. Credit card payments tend to incur higher fees.
- Payment Methods: Bitpanda supports a variety of payment methods, including SEPA transfers, credit cards, PayPal, and several others.
- Minimum Purchase Amount: The minimum purchase for KSM is generally as low as $1 USD, making it accessible for smaller investors.
- Order Types: Bitpanda currently supports only Market Orders, which are executed at the best available price.
- Security Features: Bitpanda implements 2FA, encryption, and cold storage for most of its assets to enhance security.
- Regulation and Licensing: Bitpanda is fully regulated in Austria and complies with European Union financial regulations, ensuring a safe platform for its users.
- Cryptocurrency Availability: Bitpanda supports more than 50 cryptocurrencies, including Kusama (KSM).
- User-Friendliness: Bitpanda is designed with simplicity in mind, making it a great option for newcomers to the world of cryptocurrencies.
- Two-Factor Authentication (2FA): 2FA is available and strongly recommended to secure your account.
- Customer Support: Bitpanda offers responsive customer support via live chat and email.
Step 1: Create an Account on Bitpanda
- Visit Bitpanda: Go to www.bitpanda.com.
- Sign Up: Click “Sign Up,” enter your email address, create a secure password, and follow the registration process.
- Verify Your Identity: Submit a government-issued ID to comply with KYC regulations.
Step 2: Deposit Funds
- Log In: After verification, log into your Bitpanda account.
- Deposit Funds:
- For Fiat: Go to “Accounts” > “Deposit” and choose your preferred payment method (e.g., bank transfer, credit card, PayPal).
- For Crypto: If you already hold cryptocurrency, go to “Accounts” > “Deposit” and transfer your crypto to Bitpanda.
Step 3: Find Kusama (KSM)
- Go to the Markets Section: Click “Markets” to access a list of available cryptocurrencies.
- Search for KSM: Type “KSM” in the search bar to locate the KSM/EUR or KSM/USDT trading pairs.
Step 4: Place Your Buy Order
- Choose the Order Type: Bitpanda only supports Market Orders, so your order will be executed at the best available price.
- Enter the Amount: Specify how much KSM you wish to buy.
- Confirm Your Purchase: Review your order details and click “Buy KSM” to finalize the transaction.
Step 5: Secure Your KSM
- Check Your Balance: After the transaction, go to “Accounts” to confirm your KSM balance.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your KSM to a private wallet, such as a hardware wallet, rather than keeping it on the exchange.
Buy Kusama (KSM) on Bitfinex

- Fee Structure: Bitfinex charges a flat trading fee of 0.10% for both maker and taker orders. High-volume traders can receive discounts based on their trading volume.
- Payment Methods: Bitfinex supports various payment methods, including bank transfers, credit/debit card payments, and cryptocurrency deposits.
- Minimum Purchase Amount: The minimum amount for purchasing KSM on Bitfinex is typically $10 USD.
- Order Types: Bitfinex offers Market, Limit, Stop-Limit, and advanced orders like Trailing Stop and Conditional Orders.
- Security Features: Bitfinex employs high-standard security practices, including two-factor authentication (2FA), cold storage, and SSL encryption to protect user data and assets.
- Regulation and Licensing: Bitfinex follows international KYC (Know Your Customer) and AML (Anti-Money Laundering) standards, although it is not heavily regulated in all regions.
- Cryptocurrency Availability: Bitfinex supports more than 150 cryptocurrencies, including Kusama (KSM).
- User-Friendliness: Bitfinex’s platform is geared toward professional traders, offering a wide range of advanced tools, although the interface can be complex for beginners.
- Two-Factor Authentication (2FA): 2FA is strongly recommended to further secure your Bitfinex account.
- Customer Support: Bitfinex provides responsive customer support through live chat, email, and an extensive help center.
Step 1: Create and Verify Your Bitfinex Account
- Visit Bitfinex: Go to www.bitfinex.com.
- Sign Up: Click “Sign Up” and enter your email address, create a secure password, and complete the verification process.
- Verify Your Identity: Complete the KYC process by submitting a government-issued ID and completing facial verification.
Step 2: Deposit Funds into Your Bitfinex Account
- Log In: After completing the registration and verification process, log into your Bitfinex account.
- Deposit Funds:
- For Fiat: Go to “Deposit” and select “Fiat” to deposit funds via bank transfer or credit card. Follow the provided instructions to complete the deposit.
- For Crypto: If you already have cryptocurrency, go to “Deposit” > “Crypto” and transfer your assets to Bitfinex.
Step 3: Find Kusama (KSM) on Bitfinex
- Go to the Markets Section: On the Bitfinex homepage, click “Markets” to access the list of available cryptocurrencies.
- Search for KSM: Use the search bar to find KSM and choose the appropriate trading pair (e.g., KSM/USD or KSM/BTC).
Step 4: Place Your Buy Order
- Choose the Order Type:
- Market Order: Select “Market Order” to buy KSM at the best available market price.
- Limit Order: Choose “Limit Order” to set a specific price for buying KSM.
- Enter the Amount: Specify how much KSM you want to buy.
- Confirm Your Purchase: Double-check your order details and click “Buy KSM” to complete the transaction.
Step 5: Secure Your KSM
- Check Your Balance: After completing the purchase, go to “Balances” or “Wallet” to verify that your KSM is in your Bitfinex account.
- Transfer to a Secure Wallet (Optional): For added security, consider transferring your KSM to a personal wallet, such as a hardware wallet.