KSM - Kusama

What is Kusama (KSM)?

Kusama is a pre-production environment for Polkadot – that runs on an early unaudited release of the Polkadot blockchain. Kusama functions as a sandbox allowing any developer to test early versions of Polkadot projects in a live environment.

Kusama is designed to be a canary network for Polkadot. This means that Kusama will often try out new features or implementations before they are deployed on Polkadot. This allows for a more rapid rate of innovation and experimentation than would be possible on the mainnet.

Kusama is often referred to as “Polkadot’s crazy cousin”. This is because Kusama is much more experimental than Polkadot. Kusama is for developers and organizations who want to experiment with cutting-edge features and who are not risk-averse. Powered by the Kusama Network Token, KSM is the native token of the Kusama network. 

How to Deposit KSM Into Your Coinmetro Account

For all information on how to deposit KSM into your Coinmetro account, please see the following help center article: How to Deposit KSM.

How to Withdraw KSM From Your Coinmetro Account

For all information on how to withdraw KSM from your Coinmetro account, please see the following help center article: How to Withdraw KSM.

Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.

Withdrawals waiting for approval can be canceled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.