Log in
Register

Buy Kusama
in Lithuania

Trusted by Kusama buyers, you can buy and trade Kusama in Lithuania and 100+ countries on Blocktrade without any fees easily. 

Get Started
KSM
Lithuania

WHY BLOCKTRADE

Your entry to the world of crypto

Buy Kusama with Zero Fees

Buy and trade
Kusama in Lithuania
with Blocktrade without
any trading fees

Wide range of cryptocurrencies

We offer a wide range
of cryptocurrencies
to buy in Lithuania. Number increasing as we’re adding new coins and tokens regularly.

Regulated
in the EU

Blocktrade is registered as VASP
with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..

Learn More about buying KSM in Lithuania

How to buy Kusama in Lithuania

Is KSM a good investment in Lithuania?

Kusama was released in 2019 with an initial price of $1.71. It experienced a price drop very soon after its release, but it never dropped less than $1. Kusama crypto owners might have been disappointed with this price, but 2020 was a surprising year for them because the Kusama price suddenly mounted to $14 in July and ended the year at the price of $60. The Kusama price continued to rise until May 2021, when it reached its highest record of $624.78. That shows how profitable Kusama was in only two years. Kusama had many fluctuations in 2022 and dropped to $28 at the end of the year.

The history of Kusama shows it was a profitable investment. However, it won’t guarantee its profitability in the future. Therefore, you need to check other factors to decide if Kusama is a good investment. One thing that can help you have a broader overview of the future of this coin is checking the price predictions that are made by analysts and crypto experts. Most of them believe Kusama might have good days to come, and its price may go up to $225 by 2025. They also predict that in the long-term it might rise more and mount to $600 again by 2030. However, you should notice that these are just predictions. Your decisions shouldn’t be only on these numbers. Check the news about Kusama the day you decide to purchase it.

Click Here

What is Kusama ?

Kusama is a decentralized cryptocurrency network created in 2019. The main purpose of creating such a network was to enable developers to have their dedicated blockchain on this network. It means the Kusama network is a platform for developers to test the projects that are going to run or implement on the Polkadot network. That’s why Kusama is known as the “Canary of Polkadot network.” Although the codes of both look the same, Kusama is much faster than Dot (Polkadot). Kusama and Polkadot are two completely separate networks that work in parallel. One of the benefits of this network is that users can vote for changes on the platform.

Learn more on Kusama official website.

Click Here

Is Kusama legal to buy in Lithuania?

Yes. According to the AML/CTF Law, the Lithuanian government allows legal financial transactions with cryptocurrency and offers transparent authorizations for the use of virtual currencies. According to the Bank of Lithuania (LB), cryptocurrency also known as virtual currency is non-regulated digital money that can be used as means of payment, and this money is issued and guaranteed by a non-central bank. It is estimated that over 70 thousand people, 2.58% of Lithuania's total population, currently own cryptocurrency.

Click Here

Is Kusama taxed in Lithuania

Yes. According to Art. 2 (14) of Lithuania Law on Personal Income Tax (PITL), the Lithuania State Tax Inspectorate (VMI) states that virtual currency is considered as property; therefore, when income from sales of a virtual currency is received, it is taxable the same as other income from sales of assets or other transfer into ownership. In this case, the difference between sales and the acquisition price is taxed, and the Personal Income Tax rate is 15% on such an income. Also, VMI indicates that according to Art. 17 (1) (27) of Personal Income Tax Law, if taxable profit received from a non-regular sale of cryptocurrency during 12 months is less than EUR 2500, Personal Income Tax is not applied on such a profit.

Click Here

After you've bought Kusama in Lithuania

Most people buy cryptocurrencies to keep them as an investment. Kusama is not an exception. You can keep them in a secure wallet and sell them whenever their price rises. However, this is not as simple as it is in theory. You need to check its price every day to make sure it is growing or find out when it is the right time to sell. If you are a beginner in this world, we suggest you invest as much as you can afford to lose because the cryptocurrency world is volatile and unpredictable. Furthermore, it is better to consider an exit point for your investment to avoid losing money in case the coin didn’t do as well as you thought.

As mentioned earlier, investment is not the only thing you can do with Kusama coins. KSM is a governance token; KSM owners can use their coins to validate the network, vote on changes on the platform, and nominate validators. In addition, the KSM cryptocurrency can be used for linking to support new parachains.

Click Here

Who can buy Kusama in Lithuania?

Anyone. Buying cryptocurrency in Lithuania is much faster and more convenient with the help of exchanges. In Lithuania, different purchase means such as Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal, are supported. Our exchange provides safe and fast transactions with no transaction fee through all the mentioned methods.

Click Here

Buy Kusama at your ease

Payment methods to buy Kusama in Lithuania

Credit Card

Debit Card

Bank Transfer

Credit Card

Debit Card

Bank Transfer

PayPal

Google Pay

Apple Pay

PayPal

Google Pay

Apple Pay

GET STARTED

Just 3 easy steps to your first investment in Kusama

Sign up and verify
your account

Make your first
deposit

Start your
investment journey

MANAGE YOUR PORTFOLIO

Buy Other Cryptocurrencies in Lithuania

Buy TRON
Buy Tron (TRX) in Lithuania
Buy Holo (HOT) in Lithuania
Buy GALA in Lithuania
Buy Fantom
Buy Fantom (FTM) in Lithuania
Buy ETC
Buy Ethereum Classic (ETC) in Lithuania
Buy Enjin coin (ENJ) in Lithuania
Buy Compound (COMP) in Lithuania
Bitcoin
Buy Bitcoin (BTC) in Lithuania
Buy BNB
Buy Binance coin (BNB) in Lithuania
Loading More...

FAQ

Frequently asked questions

Many analysts have predicted a bright future for Kusama. They believe its price may rise, and it could be a good investment for people who buy it when the price is dropped. Its history also shows it was a profitable investment before. However, Kusama is a volatile and unpredictable crypto like other cryptocurrencies; anything may affect its future.

When buying cryptocurrency, there are two factors that could affect the cost: 1.The price of the cryptocurrency itself, and 2.The exchange commission. Our exchange is practically one of the cheapest means to buy cryptocurrncy in Lithuania since it charges no exchange fees for the transactions.

Yes. But note that according to Lithuania Personal Income Tax Law, if the taxpayers generate income from the sale of cryptocurrencies, the difference between sales and the acquisition price is taxed and they are obliged to file a personal income tax return. If you are selling your crypto asset in Lithuania, keep in mind that our exchange charges no fees for transactions.

The Kusama coin was released in October 2019, the same time as its network was created.

According to the Finance Minister Gintarė Skaistė, the Lithuanian Ministry of Finance and the Bank of Lithuania are taking proactive steps to strengthen regulation at national level in preparation for subsequent decisions at EU level.

Gavin Wood is the founder of Kusama and Polkadot. He was one of the co-founders of Ethereum, who left the company in 2015. Therefore, he was completely familiar with the cryptocurrency world. He created the Kusama network in 2019.

Trusted crypto platform in Lithuania!

Get Started
Company
Countries
Support
Buy
Services
Learn
Legal

BlocktradeOperations OÜ has its registered address at Tartu mnt 10, Tallinn, 10145 and is governed by Estonian law. 2023. All rights reserved.

Community
Community
Get the App
Partner
Get the App
Partner

BlocktradeOperations OÜ has its registered address at Tartu mnt 10, Tallinn, 10145 and is governed by Estonian law. 2023. All rights reserved.

Log in
Register
The choice is yours! 🍪

We’re using cookies to ensure you have the best experience on our website. Is this okay for you?

We’re using cookies to ensure you have the best experience on our website. Is this okay for you?​ Cookie Policies

Cookie Policies
Accept