How to Buy Kusama

Best places to buy kusama

Where to buy kusama cryptocurrencyIf you are looking to buy kusama then check out the prices at these exchanges which all accept customers from United States. Prices can vary quite significantly between exchanges and are constantly changing so the below is just a guide from the last few minutes. For more information on these exchanges and other exchanges for buying kusama or other cryptocurrencies in United States then please scroll down to the Exchanges Info Section which highlights the differences between them.

Buying kusama in United States

Buying kusama in United StatesThe United States is progressively regulating the crypto sphere. However, there seems to be some split in approach to cryptocurrency. On one hand, some states continue to pass laws which aim to stimulate the economy, attract investment, or encourage tech development, while others have either passed restrictive crypto asset and investment regulations, or have suggested to do so. The state of New York, for example, requires companies to acquire "BitLicenses" in order to operate virtual currency businesses, and even issued a "greenlist" of accepted virtual currencies. On a federal level, there is a large amount of crypto regulation from various bodies, meaning lots of overlapping jurisdictions and different opinions on crypto. Although U.S. crypto banking seems undeveloped, it is making slow progress. A large crypto exchange, Kraken, stated that it became the first U.S. digital asset company with a bank charter, recognized under both federal and state law, in 2020.
As of 20/03/2021

Kusama (KSM) Key Data
Price $
408.9789
24hr %
-4.76%
Mkt Cap $
3,557.47b
24hr High
424.0000
24hr Low
395.0000
Kusama is based on the same code as polkadot, however its very early unaudited release.Kusama is more than just testate because it's intended to be a test bed for new features as more of them get implemented in polkadot through landing first on Kusama. Once people have gotten a chance to experiment with those new features in Kusama and everything looks fine, they will eventually move over to polkadot.
Kusama on WebsiteKusama on TwitterKusama on RedditKusama on YoutubeKusama on DiscordKusama on Telegram

Exchanges Info

These exchanges all accept customers from United States. While they broadly offer the same services and you can buy kusama at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Kraken

Kraken has a good reputation for security and protection of your funds and operates across the USA (except NY), Canada, the EU and Japan

Pros
  • It can be used to trade against fiat options
  • Robust security measures
  • Free SEPA deposits in Europe
Cons
  • Not a very beginner-friendly interface.
  • No card deposit options
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