KUSAMA (KSMUSD) is a decentralized blockchain network that empowers developers to create and deploy their own blockchain applications. As a sister network to Polkadot, KUSAMA offers a more experimental and flexible environment for developers to test and launch their projects. KUSAMA utilizes the same technology as Polkadot, featuring a unique sharded architecture that enables interoperability between different blockchains. This allows developers to create custom blockchain applications and connect them to other blockchains within the KUSAMA ecosystem. Additionally, KUSAMA boasts a governance system that enables token holders to vote on proposals and network changes. The KSMUSD token is used to participate in the governance process and pay for transaction fees on the network. KUSAMA is a community-driven initiative that aims to foster innovation and experimentation in the blockchain industry.

Instrument specification for KUSAMA (KSMUSD)

Minimum order value 1
Description KUSAMA
Maximum order value 150
Transaction Step 1
Type Cryptocurrency
Trading Hours sunday-thursday 00:00-22:59, 23:05-24:00;friday 00:00-21:59;saturday 09:00-22:59, 23:05-24:00
Contract size / 1 lot Price * 1 USD
Deposit required 50%
Value of 1 pip 0.01
Financial leverage 2:1
Minimal step 0.01
Long swap (daily) -0.09808%
Short sale YES
Short swap (daily) -0.06858%
Distance SL and TP 0
3-day swap (date) 5

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