How to Buy Kusama (KSM) in Anguilla

A Step-by-Step-Guide on how to buy Kusama (KSM) in Anguilla

Step 1 – Join Coinmama

You will first need to buy one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Kusama (KSM) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find {Kusama (KSM)|(KSM) Kusama}

Once your deposit has been approved, you will instantly have access to your finances and you can initiate purchasing and trading. To buy {Kusama (KSM)|(KSM) Kusama} on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To find {Kusama (KSM)|(KSM) Kusama}, you will need to put the short name of the asset (KSM) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we've highlighted this too. Click on “KSM/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Kusama (KSM)
Step 4 – Buying {Kusama (KSM)|(KSM) Kusama}

After you have spotted {Kusama (KSM)|(KSM) Kusama}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the most recent tariff {Kusama (KSM)|(KSM) Kusama} was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of KSM you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole quantity of KSM.

When you are happy, click on “Buy KSM”. Your plan will be filled when a Vendor trades their KSM for the price you introduced.

Step 5 – Withdraw {Kusama (KSM)|(KSM) Kusama}

Unless you're trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your {Kusama (KSM)|(KSM) Kusama}, hover over the ”Funds” tab and click on “Withdraw”. {Kusama (KSM)|(KSM) Kusama} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Kusama (KSM)|(KSM) Kusama} by using the given drop-down box. Drop in the amount of {Kusama (KSM)|(KSM) Kusama} you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully purchased and safed Kusama (KSM) in Anguilla.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your take off with Ethplorer.io or Etherscan.io and the {Kusama (KSM)|(KSM) Kusama} is stored inside your wallet, you're finished.

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