How to Buy Kusama (KSM) in Armenia

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

Step 1 – Join Coinmama

You will first need to purchase units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your Bitcoin or Ethereum.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. 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? (Just follow this guide)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

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

Once your deposit has been affirmed, you will directly have access to your funds and you can launch purchasing and trading. To invest in {Kusama (KSM)|(KSM) Kusama} on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to spot {Kusama (KSM)|(KSM) Kusama}, you will need to insert the short name of the asset (KSM) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we have marked this also. Click on “KSM/BTC” to go ahead.

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

As soon as you've spotted {Kusama (KSM)|(KSM) Kusama}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our Limit Order.

The ”Price” field will be filled automatically with the latest valuation {Kusama (KSM)|(KSM) Kusama} was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of KSM you want to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of KSM.

When you're happy, make a mouse click on “Buy KSM”. Your order will be filled when a Vendor sells their KSM for the price you submitted.

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

Unless you're frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your {Kusama (KSM)|(KSM) Kusama}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Kusama (KSM)|(KSM) Kusama} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Kusama (KSM)|(KSM) Kusama} by using the given drop-down box. Enter the quantity of {Kusama (KSM)|(KSM) Kusama} you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

If you're glad, click “Submit”. You may be asked for phone/email verification before a take off.

Congrats! You have successfully purchased and stored Kusama (KSM) in Armenia.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the {Kusama (KSM)|(KSM) Kusama} is stored in your wallet, you are all done.

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