How to Deposit KSM on OKX? Kusama Funding Tutorial

On OKXOKX, depositing KSM (Kusama) follows the standard on-chain deposit process: log in → get your KSM deposit address → initiate the transfer from an external wallet. The key is to make sure you hold native KSM on the Kusama mainnet, and that the deposit address matches the selected network.

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Here are the complete steps to transfer KSM from an external wallet or platform to OKX.

Prerequisites

1. You have registered an OKX account and completed identity verification (KYC). Verification is required to use deposit and trading functions.
2. Your KSM is on the Kusama mainnet (addresses start with a letter, not 0x), and you have enough balance to cover the transaction fee.
3. You control the wallet holding the KSM and can successfully initiate a transfer.

Step 1: Log in to OKX and get your KSM deposit address

App:

1. Open the OKX app, tap [Assets] → [Deposit] at the bottom.
2. Type "KSM" or "Kusama" in the search box and select KSM.
3. Choose the Kusama network (Kusama mainnet).
4. The deposit address will be displayed. Tap to copy it.

Web:

1. Log in to the OKX website, click [Asset Management] → [Deposit].
2. Search for KSM and select the Kusama network.
3. Copy the deposit address shown.

Success criteria: You have successfully copied the KSM deposit address generated by OKX.

Both sides of a deposit must use the same coin and the same network; otherwise, the deposit will not arrive. If you accidentally select a different network (e.g., BSC or ERC20), the system may alert that the network does not support KSM deposits. Make sure you choose Kusama.

Step 2: Initiate a KSM transfer from your external wallet

1. Open the wallet that holds your KSM (e.g., Polkadot.js, Fearless Wallet, MathWallet, or any wallet that supports the Kusama mainnet).
2. Select "Send" or "Transfer", paste the OKX deposit address copied in Step 1.
3. Enter the amount of KSM you wish to deposit (make sure to keep some for the network fee; the available balance must exceed the transfer amount).
4. Double-check the address, confirm the transaction, and pay the network fee.

Success criteria: The transaction is submitted successfully, a transaction hash (TxID) is generated, and the transaction can be found on a block explorer.

Step 3: Confirm the deposit arrives

1. Return to the OKX app or website and go to [Assets] → [Deposit History].
2. KSM deposits require confirmations on the Kusama mainnet. Typically it takes a few minutes to several tens of minutes, depending on network congestion.
3. When the deposit status changes to "Completed" and the KSM balance on the Assets page has increased, the deposit is successful.

Success criteria: The OKX Assets page shows the updated KSM balance.

Common reasons for failure

Depositing KSM that is not on the Kusama mainnet (e.g., bridged versions)

If you hold KSM wrapped on BSC or Ethereum, sending it to a Kusama mainnet address will not credit. Before depositing, always check the OKX deposit page: the coin must be available and a deposit address shown for the chosen network. If the deposit page does not support the version you hold, do not force the transfer.

Risk warnings

• Wrong network risk: Sending KSM to an address on a network other than Kusama mainnet (e.g., BSC or Ethereum) may result in permanent loss of funds. Always confirm that Kusama is selected on the deposit page before proceeding.
• Address verification: After copying the deposit address, check it character by character in your wallet to avoid clipboard hijacking or substitution.
• Platform usually cannot guarantee recovery: If you deposit a coin on a network that OKX does not support, OKX will try to assist but cannot promise a 100% refund.

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How to confirm the deposit is completed

After submitting the deposit, check the [Deposit History] on OKX. When the status changes from "Processing" to "Completed" and the KSM balance under [Assets] has increased, the deposit is successful. It is advisable to close and reopen the app to refresh the balance display. If the deposit has not shown up after 30 minutes, copy the TxID and submit a "Deposit not credited" ticket through the OKX Help Center.