Zubair Bukhari

24th April 2020

How to trade crypto for precious metals

In what’s been a chaotic few weeks for every crypto market, the stable value of the gold price has presented cryptocurrency investors with a welcome opportunity to stabilise or diversify their existing investment portfolio.

How to buy gold with Bitcoin, Ethereum or cryptocurrency?

Many Bitcoin (BTC) and Ethereum (ETH) investors remain undecided on the best crypto exchange for trading between cryptocurrencies and precious metals.

With Kinesis, it’s easy and low-cost to buy gold with Bitcoin or buy silver with Ethereum, or even trade between any of the 20 – and growing – trading pairs available.

Bitcoin (BTC) will be made available for trading in the coming weeks, with Tether (USDT) being added to the list of markets available shortly.

The Kinesis Exchange makes it as simple to trade crypto for precious metals as trading between cryptocurrency on any Bitcoin exchange.

The Kinesis Exchange offers a gold and silver price competitive with the world’s leading physical bullion dealers, by offering the lowest price across our extensive network of vaulting partners spanning across 8 countries.

When the time comes to re-enter the crypto market, simply exchange gold for Bitcoin (BTC/KAU) or silver for Ethereum (ETH/KAG), or whichever trading pair meets your needs.

How does it all work?

The purchased physical gold and silver is represented on the blockchain by Kinesis digital gold and silver-based currencies, KAU and KAG.

It’s simple:

1 KAU = 1 gram of gold
1 KAG = 1 ounce of silver

The purchased physical gold and silver bullion behind the Kinesis currencies is stored securely across Kinesis’ state-of-the-art vaulting network – with no storage costs. It’s also important to note, we are not tying the price to 1oz of gold. In making units of gold available on the exchange by the gram, we make it easy for anyone to buy and sell gold.

How much will it cost to store my gold or silver?

There are zero charges for the storage of the physical gold and silver bullion behind Kinesis currencies.

How can I access my gold bullion or silver bullion?

Kinesis digital currencies combine the stability of the price of gold and silver, the flexibility of a cryptocurrency and the everyday convenience of a traditional fiat currency.

As shown in the 4 ways to access your gold and silver:

  • Kinesis Exchange – Exchange gold for Bitcoin (BTC) or Ethereum (ETH) or Tether (USDT), or vice versa, at any time.
  • Kinesis Debit Card – Spend Kinesis gold and silver based digital currencies, as well as cryptocurrencies, anywhere in the world with the Kinesis debit card, or even withdraw funds in the local currency.
  • Convert your gold back into your currency and withdraw into your bank account.
  • Redeem your physical bullion directly (subject to minimum withdrawal requirements, charges apply)
  • Access a unique yield with Kinesis gold bullion and silver bullion

    Holders of KAU (1 gram of gold) and KAG (1 ounce of silver) receive a unique monthly yield on their gold and silver, based on a proportionate share of 15% of global transactions fees – this is known as the Holders Yield.

    One of five unique yields available to Kinesis users, the Holders yield entitles holders of Kinesis digital gold and silver based currencies to a passive monthly income of KAU or KAG deposited into their Kinesis account, for as long as they hold gold or silver with us. Learn more about Kinesis yields here.

    How do I know my gold or silver is there?

    The physical gold and silver behind the Kinesis gold and silver bullion based digital currencies is:

  • Fully allocated – Every KAU and KAG is backed by a 1:1 allocated quantity of gold and silver bullion stored in the Kinesis vaults.
  • Fully audited – The gold and silver bullion behind Kinesis digital currencies is bi-annually audited by, leading independent global auditor, Inspectorate International. Learn more.
  • Fully redeemable – All gold and silver bullion is fully redeemable, with legal title remaining with the holder, at all times – minimising counterparty risk. *subject to minimum withdrawal requirements.
  • Why use the Kinesis Exchange?

  • Low fees – A small 0.22% trade execution fee.
  • Manage your portfolio in one easy-to-use interface – Buy gold with Bitcoin, Ethereum or Tether.
  • Exchange 24/7 – No matter the time or place, all you need is a phone and internet connection, we are open 24.
  • How to trade crypto for precious metals?

  • Open a Kinesis account.
  • Deposit your choice of either Bitcoin (BTC), Ethereum (ETH) or Tether (USDT) to your Kinesis account.
  • Purchase either KAU or KAG from the Kinesis Exchange interface.
  • The Kinesis Exchange makes it simple and low-cost to access the stable value store of the gold price and the silver price, and when it’s time to exchange gold for Bitcoin (BTC) or Ethereum (ETH), it’s only a click away. With the value, efficiency and ease of use of the Kinesis platform, any crypto investors looking for the best crypto exchange to trade crypto for precious metals, need look no further.