Kinesis Gold (KAU) | Kinesis Money (2024)

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Kinesis gold (KAU) is a digital currency. Each KAU is backed by one gram of fine gold stored in fully insured and audited vaults, in your name. Through blockchain technology, Kinesis has digitalised the proof of ownership of physical precious metals. With KAU, you can trade, earn, and make payments in physical gold, anywhere in the world.

Kinesis gold opens users up to the numerous benefits of owning gold without the burden of storage, insurance, or account fees. As a digital asset, it combines the everyday utility of a currency, backed by the value of the precious metal. This allows KAU to overcome the volatility problem affecting traditional cryptocurrencies.

With Kinesis, we’ve made it very straightforward for you to buy digitalised physical gold (KAU).

From the main dashboard of your Kinesis account, you simply enter how much money you would like to spend or how much gold you would like to buy, and you can purchase gold, at the market price, in a matter of seconds.

As we have vaults all over the world, Kinesis is able to offer you the best price selected from all the major trading hubs around the world.

For this reason, Kinesis is able to offer some of the lowest industry pricing on physical gold, globally.

You just need to sign up for a Kinesis account to purchase gold through our platform. If you wish to trade cryptocurrency for Kinesis gold, it’s not necessary for you to verify your ID.

You can either purchase precious metals through the easy-to-use widget on the main Kinesis dashboard or the Kinesis Exchange, a world-class precious metals trading platform.

Kinesis has made investing in fully allocated physical gold very simple, cost-effective and uniquely profitable. When you invest in precious metals with Kinesis, you receive a passive yield on physical gold bullion, securely stored across multiple vaults globally, without charge.

There are two different kinds of orders to trade gold (KAU) on the Kinesis Exchange – a market order or a limit order.

A market order allows you to instantly buy or sell precious metals at the current market price.

A limit order allows you to set the price at which you wish to buy or sell KAU or KAG. The trade will only be executed when the market price corresponds with your chosen price. Limit orders effectively allow you to trade automatically, entering and exiting markets at the price you wish.

The Holder’s yield is a passive yield earned on every single gram of gold (KAU) – and silver (KAG) – held with Kinesis. The yield will be paid monthly in gold and silver for as long as you hold your precious metals with us.

The Holder’s yield is calculated from a 15% share of Kinesis’ global transaction fee revenue, distributed among all the KAU and KAG holders in the Kinesis system.

To find out how it all works, visit our yields page – here.

Yes, Kinesis gold (KAU) can be described as a stablecoin – a cryptocurrency that derives value from its tie with an underlying commodity. KAU is a digital asset backed by 1 gram of fully allocated, fine gold bullion, offering holders secure ownership of a precious metal that has held its value throughout history. With the aid of blockchain technology, Kinesis has digitalised the proof of ownership of physical precious metals.

The price of Kinesis gold aggregates the cost of physical gold bullion across a network of global vaults, secured and insured by our partner company, ABX.

All gold bullion held by Kinesis undergoes independent, third-party audits, four times a year. With over 10 years of experience in the precious metals industry, we understand the necessary assurance only complete transparency provides.

We employ the world-class independent audit and inspection specialist, Inspectorate International, a Bureau Veritas company, to conduct regular, independent, physical audits of all bullion underpinning Kinesis gold-based digital currencies. The quantity of gold held in our vaults is checked against the record of all KAU and KAG in circulation, stored on our blockchain.

Regular independent audits verify that every KAU and KAG within the Kinesis monetary system is based on an exact 1:1 allocated quantity of gold. Additionally, independent auditors perform a series of assessments to ensure the weight and fineness of the bullion are as stated, and the quality of the storage is satisfactory.

The results of all of our audits are publicly available – here.

All Kinesis gold holdings are fully redeemable.

Kinesis and ABX understand the absolute necessity of physical redemption in gold provision. As a matter of imperative assurance, Kinesis offers physical redemption on all precious metals behind your gold-based digital currencies.

Kinesis currency holders are fully entitled to redeem the underlying bullion the Kinesis gold (KAU) is based on, subject to withdrawal fees and minimum withdrawal requirements. The redemption cost and minimum withdrawal requirements of Kinesis are among the lowest in the industry.

Kinesis enables users to redeem as little as 100 grams of gold, with a fee of 0.45% + $100 USD + delivery costs.

We provide redemption of the underlying bullion through our logistic partners Loomis, Brinks and Malca-Amit.

Redemption is available from the Settings tab of your Kinesis account.

Kinesis was founded by Allocated Bullion Exchange (ABX), a leading institutional exchange with over 10 years of experience trading fully allocated precious metals globally. ABX is a public company with an outstanding reputation in the precious metals space.

Founded in 2011, ABX brings its extensive vaulting network and precious metals trading experience to the operation of Kinesis and the secure, transparent custody of all gold bullion holdings.

Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, OZL Liechtenstein, Atlas Vaults and Brinks.

For a detailed breakdown of Kinesis gold holdings, see our Trust and Security page –here.

Visit our Trustpilot page to see what our users think of Kinesis – here.