We are happy to announce that KSM by Kusama has joined the family of the over 200 cryptocurrencies available for exchange and purchase on Changelly! Starting today, users will be able to buy KSM with fiat or swap it with other digital assets at floating rates on our platform.
Kusama is an early and unrefined version of Polkadot. It essentially works as proving grounds, allowing developers to test out Polkadot’s staking, governance, nomination, and validation functionality in a real environment. Just like its more refined cousin, Kusama also lets teams build and deploy parachains, offering them the same unprecedented interoperability and scalability Polkadot does.
KSM is Kusama Network’s native token. It provides users with the ability to validate, nominate validators, bond parachains, and pay for interop message passing. KSM also lets users participate in the project’s on-chain decentralized and permission-less governance, allowing token owners to vote on various proposals. Kusama’s on-chain governance procedure is almost 4 times faster than that of Polkadot, creating a perfect environment for quick project development.
Kusama is a scalable network of specialized blockchains built using Substrate and nearly the same codebase as Polkadot. The network is an experimental development environment for teams who want to move fast and innovate on Kusama, or prepare for deployment on Polkadot.
Kusama was founded in 2019 by Gavin Wood, founder of Polkadot and co-founder and former CTO of Ethereum.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto. Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 160+ cryptocurrencies that can be effortlessly swapped within 10 minutes on desktop and on-the-go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggy-backing on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.