   KSM price | SimpleFX                                            
```json
{ "@context": "https://schema.org", "@type": "FinancialProduct", "name": "Kusama", "description": "Trade Kusama with SimpleFX. Real-time cryptocurrency trading with competitive spreads, and professional trading platform.", "identifier": "KSMUSD", "category": "Cryptocurrency", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://simplefx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://simplefx.com/instruments/ksmusd" }, "url": "https://simplefx.com/instruments/ksmusd", "sameAs": [ "https://kusama.network/" ], "offers": { "@type": "Offer", "price": 5.92, "priceCurrency": "USD", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.08 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 100 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "USD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "KSMUSD Trading", "description": "Learn how to trade KSMUSD with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://simplefx.com/instruments/ksmusd" } }
```
 
```json
{ "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://simplefx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://simplefx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Crypto", "item": "https://simplefx.com/instruments/?category=crypto" }, { "@type": "ListItem", "position": 4, "name": "KSMUSD" } ] }
```
 
```json
{ "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is Kusama (KSMUSD) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "Kusama (KSMUSD) is a cryptocurrency CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on KSMUSD?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on KSMUSD at SimpleFX is 0.08 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for KSMUSD?", "acceptedAnswer": { "@type": "Answer", "text": "KSMUSD can be traded with up to 1:10 leverage on SimpleFX, which corresponds to a margin requirement of 10.00%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is KSMUSD margined in?", "acceptedAnswer": { "@type": "Answer", "text": "KSMUSD positions on SimpleFX are margined in USD. Your account balance in USD is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for KSMUSD?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for KSMUSD on SimpleFX is 100. Position sizes are calculated based on this contract unit." } } ] }
```
 

78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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*   KSMUSD

[KSM price](https://app.simplefx.com/instruments/KSMUSD)
========================================================

Kusama
------

5.84 USD

\-0.04 (-0.68%)

1H

4H

1D

1W

1MN

KSMUSD Key Statistics
---------------------

Open price

5.88

High today

5.92

Low today

5.7

52 Week high

17.965

52 Week low

3.7

##### Trading hours

\-12:00

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UTC 00:00

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UTC 00:00

Sunday

\-

Monday

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Tuesday

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Wednesday

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Thursday

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Friday

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Saturday

\-

##### Symbol trading specification

Description

KSMUSD

Exchange

OTC

Base Currency

KSM

Quote Currency

USD

Contract size

100

Margin

10.00%\*

\* for 1:1000 account leverage

Tick size

0.01

Target Spread

0.08

Stop levels

0

Swap - Buy

\-0.0654%

Swap - Sell

\-0.0654%

Minimum contract size

0.01

Maximum contract size

10

Type

Crypto

[Trade Kusama](https://app.simplefx.com/instruments/KSMUSD/chart)

### About KSMUSD

**The Kusama price is a topic of keen interest among cryptocurrency enthusiasts and developers, particularly those involved in the experimental blockchain sector.**

#### What is Kusama?

Kusama is a scalable network of specialized blockchains built using Substrate and nearly the same codebase as Polkadot. Its primary role is to serve as a pre-production environment where developers can experiment and test new blockchain deployments under real economic conditions. SimpleFX provides a platform where traders can engage with Kusama through a demo account, which offers trading without any financial risk. This possibility is crucial for traders to understand how to trade KSMUSD and learn about the nuances of speculative testing environments. Transitioning to a live account gives access to crypto leverage options and no minimum deposit requirement.

#### Current KSMUSD price

The current **KSMUSD price** is subject to fluctuation due to the volatility of the market. Investors can check it on the chart, the SimpleFX Webtrader platform, or the mobile app.

#### How does Kusama work?

Kusama functions through a network governance model that includes staking and voting, allowing it to operate as an independent, standalone network despite its close relationship with Polkadot. Those interested in how to invest in KSMUSD should consider its presence on SimpleFX, where it can be traded along with a diverse range of other cryptocurrencies and financial assets. Key factors to watch include the success and failure of the projects tested on its network, the overall development of the Polkadot ecosystem, and broader crypto market trends.

#### Kusama: KSMUSD chart

Traders can check the Kusama chart on the SimpleFX platform and above the instrument description. The KSMUSD chart can be used to analyze the potential changes during the previous economic events that might have affected the price of the asset. In the chart above, traders can check the current Kusama price and its market cap on the SimpleFX platform.

#### Kusama price history

Kusama price history is notably volatile, reflecting its role as an experimental platform where new technologies are tested. Prices can fluctuate significantly based on the outcomes of these experiments and the perceived future value of the projects incubated on the network.

#### KSMUSD market cap

The Kusama market cap is a critical indicator of its speculative value and the level of interest from the developer community and investors. The fluctuations in its market cap give investors insights into the trends of both Kusama and Polkadot.

[Read more Close](#)

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