Klever Exchange will list Kusama (KSM) and will open trading for the following pairs on Oct 26, 2021.

Trading pairs are open for deposit and withdrawals on Oct 21, 2021 at 16:00 (UTC) and Trading goes live on Klever Exchange on Oct 26, 2021 at 16:00 (UTC).

Trading pairs are open for deposit and withdrawals on Oct 21, 2021 at 16:00 (UTC) and Trading goes live on Klever Exchange on Oct 26, 2021 at 16:00 (UTC).

  • KSM/USDT

  • KSM/KLV

  • KSM/BTC

  • KSM/USDC


What is Kusama (KSM)?

Kusama is an experimental blockchain platform that provides developers with a hugely scalable and interoperable framework.

The Kusama blockchain is built on Substrate, a blockchain development kit developed by Parity Technologies. Kusama shares almost all its code with Polkadot, one of the most successful blockchains.

Kusama enables fast-paced projects to have access to a highly scalable, interoperable sharded network, with additional features that Polkadot cannot provide yet. In this regard, Kusama describes itself as a "canary network."

Developers can use the platform to test and deploy their own blockchain and can use it as a preparatory network before launching on Polkadot or Kusama, though many projects choose to use Kusama for their final product.

With Kusama, there is a low barrier to entry for deploying parachains and a low bond requirement for validators. It is usually used by early-stage startups and for experimentation.

By Warren Manuel
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Disclaimer

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Klever will make best efforts to choose high-quality coins, but will not be responsible for your trading losses. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. Klever Exchange is not liable for investment gains or losses.