How & where to buy Lido on Kusama coin
Detailed information, including pairs, last project news and fees is listed below.
Where to buy Lido on Kusama
Step 1You need an account with a cryptocurrency exchange that supports Wstksm crypto. All of them listed on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
| Name | Fee | Trust | DeFi | Volume | |
|---|---|---|---|---|---|
|
Solarbeam | ?? / ?? | MEDIUM | No | $39 |
Lido on Kusama not available on any trading platforms. You can try to look for it on launchpads, presale or community chats.
Step 3If you find seller, try to check his reputation before purchase. Transfer cash only when you trust the safety and purity of the transaction.
Congratulations!
By clicking "buy" button, the Lido on Kusama token will be transferred to your account on the crypto exchange. Keep in mind that just moving your coins off trading platform into cold wallet, you help better protect your purchase. It's not just shorten your risk if your exchange gets cracked, but if you move to a “cold,” or offline, wallet, your Wstksm token turn into safe assets. The only flaw generally have to pay a small withdrawal fee to transfer your crypto from the trading platform.
What is Lido on Kusama
Lido KSM Liquid Staking Protocol, built on the Kusama chain, allows their users to earn staking rewards on the Kusama chain without locking KSM or maintaining staking infrastructure. Lido on Kusama make KSMs liquid while staking. It ensures maximized yield and availability of staking and makes leverage options possible while being decentralized and secure. Users can deposit KSM to the Lido smart contract and receive stKSM or wstKSM tokens in return. Unlike KSM staked directly on the Kusama network, the stKSM and wstKSM tokens are free from the limitations associated with the lack of liquidity and can be transferred at any time. The stKSM and wstKSM token balances corresponds to the amount of the Kusama chain KSM that a holder can withdraw. That becomes possible because of permissionless validator node selection and dynamic reallocation algorithms along with slashing hedging deployed on Moonbeam parachain and empowered by XC-20 cross-chain token standard. wstKSM is a wrapped version of stKSM
Video Review
Lido Finance: Liquid Ethereum Staking & LDO Potential!! 💧
Statistics and Externals
Term of hash algorithms not applicable to Wstksm crypto.
Price and supply
The current total supply is 59974, with a circulating supply of 0 WSTKSM as of Apr 2024. This coin does not have a fixed max supply.
The Wstksm cryptocurrency price is $57.59 as of 05:41 AM. The price went down on 0% over the past 24 hours. The recent price action left the token's market capitalization at 0 united states dollars. Over past 30 days, the Lido on Kusama was declined on -9.2%.
FAQ
What cryptocurrency exchange can I buy Wstksm cryptocurrency?
Wstksm can't be purchased from exchanges. You can search it on launchpads, presale or Crypto forums.
Is Lido on Kusama crypto a good investment?
The Lido on Kusama crypto has a high risks of value drop. Because of high volatility of all crypto industry you should understand: you can lose all of your invested funds, learn the risks before you start trading and any cryptocurrency has a possibility price to crash to zero. Aside from that investing in cryptocurrencies is possible extremely profitable.
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About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
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