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What can you do with Kusama?
Store/Hold Kusama
Many users hold on to their Kusama with the expectation of it increasing in value. You can store your KSM safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Kusama
You can trade Kusama for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Kusama trading to meet your needs.
Send Kusama
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Kusama online and send to anyone and anywhere with their Kusama address.
Spend Kusama
You can also buy goods and services with your Kusama. More and more vendors and retailers accept Kusama every day.
Donate Kusama
Bitget Charity accepts Kusama donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Kusama so no one misses out on the growth made possible by blockchain.
Learn More About Kusama
You can read more in-depth articles on Kusama from Bitget Research and study how cryptocurrencies like Kusama work on Bitget Academy
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What is Kusama (KSM)?
Kusama is a popular network that has been making waves in the crypto world since 2019. It was launched by the team behind Polkadot. Kusama is often referred to as a 'canary network' for Polkadot, which means that it is a test network for Polkadot's technology.
Kusama is unique in several ways. Firstly, it is designed to be a more experimental version of Polkadot. This means that developers can test new ideas and features on Kusama before implementing them on Polkadot. Secondly, Kusama has a faster development cycle than Polkadot, which means that new features can be implemented more quickly. Finally, Kusama is designed to be more community-driven than Polkadot, which means that the community has more say in the direction of the project.
How Kusama (KSM) Works
Kusama is built on a unique multi-chain architecture that allows it to support multiple blockchains simultaneously. Each blockchain on Kusama is called a 'parachain' and is designed to be interoperable with other parachains. These parachains communicate with each other through a central relay chain that is responsible for coordinating transactions and ensuring their validity.
One of the key benefits of this architecture is that it allows Kusama to support a wide range of use cases and applications. Because each parachain can be customized to meet the specific needs of a particular use case, developers have a great deal of flexibility and control over how their applications are built and deployed.
Additionally, Kusama's multi-chain architecture allows for greater scalability and throughput than traditional blockchain platforms. By supporting multiple blockchains, Kusama is able to process a much larger volume of transactions than a single-chain platform could handle. This makes it well-suited for applications that require high levels of throughput, such as financial applications or gaming platforms.
How Many Kusama (KSM) Tokens Are in Circulation?
KSM does not have a hard cap on total supply. 8,470,098 KSM tokens are in circulation.
How to Buy Kusama (KSM)
Consider investing in FC KSM (KSM)? It only takes 2 minutes to create an account on Bitget and start trading KSM.
Check out the available KSM trading pairs on Bitget!
Spot market
Kusama (KSM) Resources
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