KMA coin is a new coin based on the entire Kusama ecosystem. If you are planning to buy this new type of token or simply invest in cryptocurrencies, then read on to know how to buy kma coin and where to buy it from (Step by Step Guide).
In this simple guide, there’s detailed information on:
- What is KMA
- Where to buy KMA coin
- Kma coin price
- How to buy KMA coin
What is KMA?
KMA, fully known as the Calamari Network, is a private layer built on the Substrate framework for the entire Kusama ecosystem. It is compatible with other projects and parachain assets including wrapped major crypto assets.
KMA is ranked #2803 on Coinmarketcap and the current price is $0.047813 USD with a 24-hour trading volume of $22,223,618 USD. Recently, it went down 21.73% in the last 24 hours. The circulating supply and max. supply is not available.
Where to buy KMA Coin
KMA has been listed on a few crypto exchanges like Gate.io, Kucoin, Bybit, and MEXC. But unlike other main cryptocurrencies, you cannot directly buy KMA coins with fiat money. However, this coin can still be bought by first buying one of the major cryptocurrencies, Tether (USDT), from any fiat-to-crypto exchange and then transfer to the exchange that allows you to trade the KMA coin.
To buy or sell KMA coin, Gate.io is currently the best option and the most reliable exchange. You can use Trustwallet or any crypto exchanges that accept fiat deposits to buy USDT as the cryptocurrency you need to exchange for the KMA coin. Continue reading this step-by-step guide article as we provide details on how to buy KMA.
How to buy KMA coin (Step by Step Guide)
Coinmarketcap or Coingecko are the best websites to make use of if you want to know the best exchange available for any cryptocurrency currently trading KMA coin. To find out the particular exchange, simply go to the above-mentioned websites.
On Coinmarketcap, search for the KMA coin page.
To do this, on the homepage, simply type in ‘KMA coin’ or ‘calamari’ into the search bar at the top
Below is the direct link to Jasmy coin on Coinmarketcap and Coingecko
https://coinmarketcap.com/currencies/calamari-network/
https://www.coingecko.com/en/coins/calamari-network
1. Buy USDT with fiat money
If you are buying from Coinbase, click the ‘Trade’ button at the top left, choose USDT and confirm your transaction.
After buying USDT you need to transfer it to Gate.io where KMA coins can be traded.
2: Transfer USDT to Gate.io
By the right side of your dashboard, there’s a string of random numbers saying ‘USDT address’. Those random numbers are the unique public address of your USDT wallet at Gate.io. With the address, you can receive and send USDT.
Now to transfer the ‘USDT’ we already bought on any fiat-to-crypto exchange to this wallet, just right-click on the full address and click copy to stick the address to your clipboard.
Now go to Portfolio on the exchange website you bought USDT from. Go to the dashboard, and click on USDT on your asset list. Lastly, click on “Send” on the right.
Go back to the exchange website you bought USDT from. On the dashboard, go to your Portfolio and on your asset list, click on USDT and click “Send”.
paste the wallet address you copied into the Recipient box. Click “Send” and a confirmation email will be sent to your email address immediately. Once you click on the confirmation link, your USDT will be sent to Gate.io!
Go back to your Gate.io account and click on your exchange wallets. A confirmation notification from Gate.io will be sent to your email address once your deposit arrives
3: Buy KMA coin
To buy KMA coin, follow the steps below
On your Gate.io account, go to Exchange>Basic. There, you will see continuous flicking figures.
In the right column, there’s a search bar.
Since you are about to trade USDT to an altcoin pair, be sure that “USDT” is selected. Click on the column and type “KMA” into it, and you will see KMA/USDT. Click or select the pair and a price chart of KMA/USDT will display in the middle of the page.
Below the chart, you’ll see a box with a green button that says “Buy KMA”. Inside the box, click the “Market” tab because it is the best type of buying order. If you want to choose what portion of your USDT you want to deposit, click the percentage buttons. Or you type in your amount directly. After that, click “Buy KMA coin’.
And that’s how to buy a KMA coin from Gate.io .
Conclusion
KMA, fully known as the Calamari Network, is a private layer built on the Substrate framework for the entire Kusama ecosystem. It is compatible with other projects and parachain assets including wrapped major crypto assets.
If you have any questions on How to Buy KMA coin, drop a comment below.