Kusama (KSM)

Rank #307

Market snapshot

Price
$3.06
Market cap
$57.2M
24h volume
$2.9M
Circulating supply
18,697,458.7388
Total supply
18,697,458.7388
Max supply
N/A

What is Kusama?

Kusama serves as a scalable network for developers to experiment with new features and applications before they are deployed on Polkadot. It allows for rapid development and iteration, providing an environment where innovative projects can be tested in real-time.

Key information

Symbol
KSM
CMC rank
#307
Network / platforms
N/A
Categories
N/A
Date added
Dec 12, 2019

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Kusama (KSM)?
Kusama (KSM) is a cryptocurrency associated with a network designed for developers to build and deploy decentralized applications.
What are the risks associated with transferring Kusama (KSM)?
Digital asset prices can be volatile, and users should verify the asset and network before transferring assets.
How can I verify my acquisition of Kusama (KSM)?
Verify the asset name, network, and the destination details before transferring.
Where can I find official resources for Kusama?
Official resources for Kusama can be found at their website: https://kusama.network/.

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