Secure & audited bullion vaulting

Yes, all gold and silver held by Kinesis undergo independent, third-party audits, two times a year.

We employ the world-class independent audit and inspection specialist, Inspectorate International, a Bureau Veritas company, to conduct regular, independent, physical audits of all gold and silver within the Kinesis vaults. 

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.

Audits of all physical gold and silver underpinning Kinesis gold and silver-based digital currencies are conducted, four times a year, by Inspectorate International, a Bureau Veritas company and leading global physical commodity audit and inspection specialist.

At a designated date, independent officers from Inspectorate International physically tally the quantity of gold and silver held in Kinesis’ vaults and check the total against the quantity reported by Kinesis’ strategic partner, ABX.

Therefore, the quantity of gold and silver held in our vaults is checked against the record of all KAU and KAG in circulation, stored on our blockchain. See a live record of all Kinesis currencies in existence – here.

As well as recording the quantity, the auditors assess the quality and weight of a random selection of gold and silver bars, and the storage facility. 

Kinesis is a strategic partner of Allocated Bullion Exchange (ABX), a leading institutional exchange with over a decade of experience in 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 and silver bullion holdings.

Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, Malca-Amit and Brinks.

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

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

All Kinesis gold and silver holdings are fully redeemable.

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

Kinesis currency holders are fully entitled to redeem the underlying bullion the Kinesis gold (KAU) and silver (KAG) are 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 or 200 ounces of silver, 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.