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Kusama (KSM)

What is Kusama (KSM)? 

Kusama (KSM) is a cryptocurrency that powers Kusama, a protocol that enables cross-blockchain transfers of any type of data or asset. By uniting multiple blockchains, Kusama aims to achieve high degrees of security and scalability. KSM serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains. Kusama acts as a "canary" or experimental network for Polkadot (a separate protocol that shares the same codebase) in which developers can more quickly test new programs that can be deployed on both.

Which products support KSM? 

 Send/ReceiveTrading
Coinbase          ✔     ✔
Pro          ✔     ✔
Wallet          ✔     ✖️

What regions support KSM? 

 USNYCANEUUKDESGJP
Coinbase    ✔✖️   ✔ ✔ ✔✖️
Pro   ✔✖️   ✔ ✔ ✔✖️
Wallet ✔ ✔   ✔ ✔ ✔ ✔✖️

Crypto to fiat trading pairs

 USUKEU
USD  ✔ ✖️ ✖️
GBP ✖️ ✖️ ✖️
EUR ✖️ ✖️ ✖️

Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.

Crypto to crypto trading pairs 

  USDCBTC
ETHUSDT
KSM    ✖️  ✖️
 ✖️   ✔

See the full list of countries that Coinbase supports for crypto-to-crypto trading.

Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.

How many confirmations are needed for KSM?

KSM requires 10 network confirmations. Learn about transaction confirmations.

Which blockchain network hosts KSM?

KSM is hosted on the Kusama network. 

What are the minimum and maximum withdrawal amounts?

Coinbase has implemented safeguards to ensure a healthy and efficient network both on-chain and through our platform.

These safeguards include both minimum and maximum amounts for each cryptocurrency we allow customers to send through the blockchain. These amounts vary by asset and are subject to change.

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