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KSM

Kusama (KSM)

Buy Kusama

Exchange rate Kusama:

798.21zł

4.74%

Market capitalization

6116250713 PLN

Volume (24h)

1840553344 PLN

Supply in circulation

8470098 KSM

All-Time High

2 317.28 zł

All-Time Low

3.69 zł

Popularity by CMC

#49
The current rate Kusama KSM is $798.21. In the last 24 hours, the price of Kusama increased by 4.74% and the 24-hour volume of this cryptocurrency is $1 840 553 344.00. The cryptocurrency in the last 24 hours recorded the highest price at the $0.00, while its lowest was $0.00. The highest Kusama price in the last 7 days was $0.00, and the lowest price was $0.00. Exchange rate Kusama in the last 30 days decreased by -29.43%.
Cryptocurrency calculator
Źródło danych: Coinmarketcap.com
1h 24h 7d 14d 30d 1y
0.57% 4.74% -43.18% -50.47% -29.43% 3360.9%
Źródło danych: Coinmarketcap.com

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Exchange rate Kusama on the largest Cryptocurrency Exchanges:

Updated at: 2021-06-23 12:26:24

KSM/USDT

KuCoin:
Exchange rate: 208.44 USDT
Bitfinex:
Exchange rate: 208.75 USDT
Bittrex:
Exchange rate: 217.47 USDT
Binance:
Exchange rate: 208.55 USDT

KSM/USD

Bitfinex:
Exchange rate: 206.44 USD
Kraken:
Exchange rate: 208.47 USD

KSM/EUR

Kraken:
Exchange rate: 175.06 EUR

Kusama is a scalable network of specialized blockchain built using Substrate, which is the same code base as the Polkadot cryptocurrency. More specifically, it's an experimental environment for developers who want to prepare for deployment on Polkadot. The main goal of the project is to explore new opportunities and experiments with the participation of the public and Blockchain network, which can then be implemented in the main project of the Polkadot ecosystem. As the creators themselves say, it is a risky network created for change agents, serving to stimulate innovation and disrupt the status quo.

The story of Kusama

Not much can be said about the history of this project, it was founded in 2019 by Gavin Wood, co-founder of Polkadot and working on the Ethereum project. The project was created as part of the entire Polkadot ecosystem, and its main goal is to innovate, create and test completely new programs in a simple way, which, thanks to the same code base, can be later introduced in the Polkadot system.

Principle of operation

Kusama works on the basis of the Substrate code, it is a completely experimental and risky network, created with the participation of a community whose task is to catch trends and innovations and then introduce it in the main project, i.e. Polkadot. Kusama is an entirely social network, which means its existence depends on its users. The official website even says that the network will work as long as the public wants to use it. All innovations and changes in the structure of the network are voted on, so users decide on the direction of development. Thanks to this, Polkadot programmers can catch the needs of the community and ideas for new solutions that they can introduce in the polkadot system. 

The benefit for users is the possibility of quick and cost-free testing of a new innovative product before introducing it into the main system. It is a very good solution for startups. In addition, you can then use innovative tools that have not yet been introduced into the main polkadot system. Thanks to the use of the same source code, transferring the application from the Kusama system to Polkadot is hassle-free. However, it should be remembered and taken into account that this is an experimental network decided by the community. Because it is built on a blockchain, all the voted changes are introduced immediately and irreversibly, which results in instability and high risk, which is emphasized by the creators at almost every step.

Wallet

 Kusama has a KSM Wallet where you can keep your tokens. Additionally, when it comes to hardware wallets, KSM can be stored on the Ledger. It is possible to stack tokens on both Kusama Wallet and Ledger, which allows voting and decisions regarding the future of the project.

Quotations

The KSM cryptocurrency currently ranks 42nd in terms of capitalization. The highest price for the project was on January 18, 2021 at $ 120.43. The current daily turnover is just over $ 23 million. The asset is listed on 7 exchanges, of which the Binance exchange is responsible for the highest turnover, as much as 70%. Next, 8% of the turnover is equal to MXC, Bkex and Bibox. The remaining stock exchanges have a very small turnover, not exceeding one percent.

Include on your website a calculator Kusama and chart KSMUSD using the widgets below.

Calculator Kusama

Źródło: Tokeneo

To place such a calculator on your website, paste the code below into the appropriate place.

Chart KSM-PLN

Źródło: Tokeneo

To place such a chart on your website, paste the code below into the appropriate place.

To run a calculator or chart on your site, please:

  • Copy the code of the selected widget and paste it into the right place on your website
  • You can also configure widgets as needed by modifying the parameters:
    • data-crypto="" - enter a list of cryptocurrencies that will be available in the cryptocurrency calculator. Enter the cryptocurrency shortname. You can add many cryptos, e.g. BTC, ETH, TEO. You will find a list of available cryptocurrencies here. To add all cryptocurrencies - leave the tag empty.
    • data-fiat="" - enter the list of FIAT currencies that will be available in the cryptocurrency calculator, you can choose multiple currencies by entering e.g. PLN, USD, EUR, GBP. To add all FIAT currencies - leave the field blank.
  • Parameters are configurable for the cryptocurrency calculator. In the case of the chart, it is not possible to add many parameters (crypto or fiat).
  • To use widgets, you must include a link to your source. The link is included in the above widget codes. The link should not contain the parameter rel = "nofollow".

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