FAQ – KVT

KVT What is a KVT? The Kinesis Velocity Token (KVT) is a yield-bearing asset, which grants the holder access to a 20% proportionate share of global transaction fees across the entire Kinesis Monetary System. As transactional volume continues to grow with the Kinesis system, so too, will the yields KVT holders receive. What makes KVT special? The KVT is limited to just 300,000 in circulation. With the integrations Kinesis is implementing globally all contributing to the KVT’s yield, the token represents a unique revenue generation opportunity.  How to buy KVT? A limited number of Kinesis Velocity Tokens (KVT) are currently available for sale at a fixed price on the Kinesis Exchange. Simply sign up for a Kinesis Money account, and purchase the KVT via the simple Kinesis Money dashboard widget or the Kinesis Exchange. Can I buy a KVT if I live in America? Kinesis users based in the United States, must be an accredited investor to purchase KVT. Can I trade KVT? Currently, KVT are not available for trade on the Kinesis Exchange. However, there are plans to make Kinesis Velocity Tokens freely tradeable in the future. Yields What does yield mean? A yield describes the earnings generated on an investment over a certain period of time.In the case of Kinesis yields, users are rewarded for everyday participation in the system with yields paid monthly in physical gold and silver.The yields are calculated from a share of Kinesis’ global transaction fee revenue, redistributed back to the users of the Kinesis system. Visit our yields page for a breakdown of all 5 Kinesis yields - here. What other yields are there in the Kinesis system? There are 5 yields in the Kinesis system: Minter’s yield, Referrer’s yield, Holder’s yield, Depositor’s yield and KVT yield. Find out how you can benefit from them - here.

Doug Turner
Doug Turner

02/07/2021

FAQ – Kinesis Money Platform

Kinesis Money platform What is Kinesis Money? Kinesis Money is a global trading and digital asset utility platform, which facilitates the trade, management and everyday spending of native physical gold and silver-based digital assets and cryptocurrency.  How does Kinesis Money work? Through combining physical gold and silver with blockchain technology, the Kinesis Money platform enables fully allocated physical gold and silver to be instantly purchased, traded, sent and spent, globally. Through redistributing a share of global transaction fee revenue back to users, Kinesis Money offers a yield on all physical precious metals held with the platform. The Kinesis Money platform facilitates instant, low-cost peer-to-peer transactions in digitalised physical gold and silver, while a globally accessible debit card facility - Kinesis VISA card - makes all listed digital assets immediately accessible for global payments. Kinesis’ parent company Allocated Bullion Exchange (ABX), a global institutional allocated precious metals exchange, facilitates the vaulting of all underlying physical gold and silver. All bullion within the Kinesis system is available for physical redemption, with independent audits conducted biannually. Currencies What currencies are supported on the Kinesis Money platform? You can currently purchase gold, silver and cryptocurrency with US Dollar, Euro and British Pound.  Which currencies can I deposit with? Our multi-currency deposit feature enables Kinesis users to deposit a broad range of global currencies into their Kinesis Money account for instant conversion into the US dollar. A favourable exchange rate is applied to the conversion, across all currencies.Our multi-currency deposit supports the following currencies: US dollar (USD), Singapore Dollar (SGD), Japanese Yen (JPY), Euro (EUR), Australian dollar (AUD), Hong Kong dollar (HKD), Great British Pound (GBP), Canadian dollar (CAD), Swiss franc (CHF), New Zealand dollar (NZD), Chinese Yuan (CNH). Users can access Multi-Currency deposits through the Kinesis Money desktop interface.   Yields What is a yield? A yield describes the earnings generated on an investment over a certain period of time.In the case of Kinesis yields, users are rewarded for everyday participation in the system with yields paid monthly in physical gold and silver.  Visit our yields page for a breakdown of all 5 Kinesis yields - here. How many yields are there in the Kinesis system? What are they? There are 5 yields in the Kinesis system: Minter’s yield, Referrer’s yield, Holder’s yield, Depositor’s yield and KVT yield.Find out how you can benefit from them - here. Trust and security How do I know my gold and silver is in the vaults? All gold and silver bullion held by Kinesis undergoes independent, third-party audits, twice a year. With over 10 years’ 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 and silver-based digital currencies. 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.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 and silver bullion. Additionally, independent auditors perform a series of assessments to ensure the weight and fineness of the bullion is as stated, and the quality of the storage is satisfactory.The results of all of our audits are publicly available - here. Why should I trust Kinesis? Kinesis was founded by Allocated Bullion Exchange (ABX), a leading institutional exchange with 10 years’ 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 and silver bullion holdings.  Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, OZL Liechtenstein 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 Money - here. 

rafal szulczewski
rafal szulczewski

02/07/2021

FAQ – Gold and Silver

Gold and silver How to buy digital gold?  With Kinesis, we’ve made it very straightforward for you to buy digitalised physical gold (KAU) and silver (KAG). 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 or silver at the market price in a matter of seconds. How do I know I’m getting a good price for gold and silver? 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 prices among the best for physical gold and silver, globally.  How to invest in gold and silver You just need to sign up for a Kinesis Money account to purchase gold and silver through our platform. If you wish to trade cryptocurrency for Kinesis gold and silver, 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 Money dashboard or the Kinesis Exchange, a world-class precious metals trading platform. Kinesis has made investing in fully allocated physical gold and silver very simple, cost-effective and uniquely profitable. When you invest in precious metals with Kinesis, you receive a passive yield on physical gold and silver bullion, securely stored across multiple vaults globally, without charge. How to trade gold and silver? There are two different kinds of orders to trade gold (KAU) and silver (KAG) on the Kinesis Exchange. When trading gold and silver, you have the option to choose between a market order or limit order as per your preference.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. How does a yield on gold and silver work? 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. Trust and security How do I know my gold and silver is in the vaults? All gold and silver bullion held by Kinesis undergoes independent, third-party audits, twice a year. With over 10 years’ 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 and silver-based digital currencies. 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.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 and silver bullion. Additionally, independent auditors perform a series of assessments to ensure the weight and fineness of the bullion is as stated, and the quality of the storage is satisfactory.The results of all of our audits are publicly available - here. How is Kinesis able to offer free storage on fully allocated gold and silver? We are able to offer Kinesis users chargeless storage on their precious metals holdings, by utilising the robust vaulting network of ABX. Additionally, a share of Kinesis global transaction fee revenue is allocated to covering vaulting costs. Can I redeem my gold and silver? What are the costs? 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) & KAG (Kinesis silver) 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 Money account. Why should I trust Kinesis? Kinesis was founded by Allocated Bullion Exchange (ABX), a leading institutional exchange with 10 years’ 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 and silver bullion holdings.  Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, OZL Liechtenstein 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 Money - here.

Doug Turner
Doug Turner

02/07/2021

FAQ – Investor

General What are Kinesis gold (KAU) and Kinesis silver (KAG)? Kinesis gold (KAU) and Kinesis silver (KAG) are a 1:1 digital representation of fully allocated physical gold and silver bullion, which sits in our vaults, in your name. KAU and KAG enable fully allocated gold and silver bullion to be instantly purchased, traded, spent and sent anywhere in the world. For the full specifications of Kinesis gold and silver-based digital currencies, as well as the underlying bars, please visit our assets page - here. How can I liquidate my gold, silver or crypto? Kinesis offers users immediate liquidity of their physical gold and silver through a number of innovative access points, bypassing the inefficiencies of archaic industry infrastructure. Kinesis users can simply trade their physical gold and silver for USD, EURO or GBP on the Kinesis Exchange, with a low trade execution fee of 0.22%. From there, Kinesis users are able to withdraw funds to a registered bank account. The Kinesis VISA card presents Kinesis users worldwide with an avenue of instant liquidity, enabling cardholders to spend physical gold and silver for everyday payments. Kinesis cardholders eliminate the minimum requirements, high costs, and inefficiencies from withdrawing, and spending, physical gold and silver bullion. Can I make a deposit of my personally held physical bullion into the Kinesis vaults? If you have eligible* existing bullion holdings, held at an ABX approved location, you can bring that bullion into our vaults and exchange that physical metal for Kinesis gold and silver-based digital currencies. We call this process Exchange Physical for Digital (EPD).   *subject to conditions within the ABX Quality Assurance Framework For more information, visit our EPD page - here. Trust and security How do I know my gold and silver is in the vaults? With over 10 years’ experience in the precious metals industry, we understand the necessary assurance only complete transparency provides. All gold and silver bullion held by Kinesis undergoes independent, third-party audits, twice 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 is as stated, and the quality of the storage is satisfactory.The results of all of our audits are publicly available - here. How is Kinesis able to offer free storage on fully allocated gold and silver? We are able to offer Kinesis users chargeless storage on their precious metals holdings, by utilising the robust vaulting network of ABX. Additionally, a share of Kinesis global transaction fee revenue is allocated to covering vaulting costs. Can I redeem my gold and silver? What are the costs? 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) & KAG (Kinesis silver) 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 Money account. Why should I trust Kinesis? Kinesis was founded by Allocated Bullion Exchange (ABX), a leading institutional exchange with 10 years’ 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 and silver bullion holdings.  Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, OZL Liechtenstein 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 Money - here.  Currencies What currencies are supported on the Kinesis Money platform? You can currently purchase Kinesis gold (KAU) and Kinesis silver (KAG) with US Dollar, Euro and British Pound.  Which currencies can I deposit with? Our multi-currency deposit feature enables Kinesis users to deposit a broad range of global currencies into their Kinesis Money account for instant conversion into US dollar. A favourable exchange rate is applied to the conversion, across all currencies.Our multi-currency deposit supports the following currencies: US dollar (USD), Singapore Dollar (SGD), Japanese Yen (JPY), Euro (EUR), Australian dollar (AUD), Hong Kong dollar (HKD), Great British Pound (GBP), Canadian dollar (CAD), Swiss franc (CHF), New Zealand dollar (NZD), Chinese Yuan (CNH). Users can access Multi-Currency deposits through the Kinesis Money desktop interface. 

Sam Briggs
Sam Briggs

02/07/2021

FAQ – Kinesis Exchange

Trading What are the fees when trading with Kinesis? All trades across all assets on the Kinesis Exchange are charged a flat 0.22% trade execution fee, whether market order or limit order.  For a full breakdown of our fees, view our fees page - here. What are the spreads like on the Kinesis Exchange? The Kinesis Exchange boasts some of the tightest spreads on fully allocated physical precious metals, and leading cryptocurrencies, globally. When can I trade? Our trading platform, the Kinesis Exchange, is open for trading 24 hours a day. How can I liquidate my gold, silver or crypto? Kinesis offers users immediate liquidity of their physical gold and silver through a number of innovative access points, bypassing the inefficiencies of archaic industry infrastructure. Kinesis users can simply trade their physical gold and silver for USD, EURO or GBP on the Kinesis Exchange, with a low trade execution fee of 0.22%. From there, Kinesis users are able to withdraw funds to a registered bank account. The Kinesis virtual VISA card presents Kinesis users worldwide with an avenue of instant liquidity, enabling cardholders to spend physical gold and silver for everyday payments. Kinesis cardholders eliminate the minimum requirements, high costs, and inefficiencies from withdrawing, and spending, physical gold and silver bullion. How to trade gold and silver? There are two different kinds of orders to trade gold and silver on the Kinesis Exchange. When trading gold and silver, you have the option to choose between a market order or limit order as per your preference.A market order allows you to instantly buy or sell an asset at the current market price.  A limit order allows you to set the price at which you wish to buy or sell an asset. 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. Trust and security How do I know my gold and silver is in the vaults? All gold and silver bullion held by Kinesis undergoes independent, third-party audits, twice a year. With over 10 years 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 and silver-based digital currencies. 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. 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 and silver bullion. Additionally, independent auditors perform a series of assessments to ensure the weight and fineness of the bullion is as stated, and the quality of the storage is satisfactory. The results of all of our audits are publicly available - here. Can I redeem my gold and silver? What are the costs? 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 KAU & 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 Money account.  Blockchain Which blockchain do Kinesis currencies operate on? The Kinesis gold and silver-based currencies, KAU and KAG, have been built on our bespoke fork of the Stellar network. How can I review transactions on the Kinesis Blockchain? Kinesis offers real-time access to view all of the Kinesis gold and silver-based digital currencies in circulation, as well as all KAU and KAG transactions, on the Kinesis Blockchain Explorer - here.

Doug Turner
Doug Turner

02/07/2021

FAQ – Mobile App

Currencies Which cryptocurrency can I buy on the Kinesis mobile app? You can buy two of the most popular cryptocurrencies on the market; Bitcoin (BTC) and Ethereum (ETH), as well as Litecoin (LTC). What currencies are supported on the Kinesis app? You can currently buy and trade gold, silver and cryptocurrency with the US Dollar, Euro and British Pound.  Which currencies can I deposit with Our multi-currency deposit feature, available on desktop, enables Kinesis users to deposit a broad range of global currencies into their Kinesis Money account for instant conversion into US dollar. A favourable exchange rate is applied to the conversion, across all currencies.Our multi-currency deposit supports the following currencies: US dollar (USD), Singapore Dollar (SGD), Japanese Yen (JPY), Euro (EUR), Australian dollar (AUD), Hong Kong dollar (HKD), Great British Pound (GBP), Canadian dollar (CAD), Swiss franc (CHF), New Zealand dollar (NZD), Chinese Yuan (CNH).Users can access Multi-Currency deposits through the Kinesis Money desktop interface.   Trust and security Is mobile trading safe? The Kinesis mobile app supports a number of security features to ensure that trading on the application is secure.  Kinesis mobile app users are able to protect their accounts with 2FA authentication and biometric login functionality.  How do I know my gold and silver is in the vaults? All gold and silver bullion held by Kinesis undergoes independent, third-party audits, twice a year. With over 10 years’ 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 and silver-based digital currencies. 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.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 and silver bullion. Additionally, independent auditors perform a series of assessments to ensure the weight and fineness of the bullion is as stated, and the quality of the storage is satisfactory.The results of all of our audits are publicly available - here. Why should I trust Kinesis? Kinesis was founded by Allocated Bullion Exchange (ABX), a leading institutional exchange with 10 years’ 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 and silver bullion holdings.  Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, OZL Liechtenstein 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 Money - here.

rafal szulczewski
rafal szulczewski

02/07/2021

FAQ – Kinesis Mint

Requirements What’s the minimum amount of gold and silver I can mint? The minimum amount of gold you are able to mint is 100 grams (100 KAU). The minimum amount of silver you can mint is 200 ounces (200 KAG). Can I mint more than 100 grams of gold or 200 ounces of silver? Yes, due to the institutional precious metals liquidity of Kinesis, you are able to mint as much gold and silver as you wish. However, you must always mint in lots of 100 grams of gold (KAU) and 200 ounces of silver (KAG). For example, you could choose to mint 500 grams of gold (KAU), or 1200 ounces of silver KAG. Minter’s yield Is the Minter’s yield paid in gold or silver? You will receive a yield in gold on all minted and transacted (sent or spent) qualifying Kinesis gold (KAU) and yield in silver on all minted and transacted (sent or spent) qualifying Kinesis silver (KAG).  Your earned yield will be paid into your Kinesis Money KAU and KAG Account, although Kinesis calculates and checks your holdings and minted coins on all linked addresses. You can keep track of your yield via the yield dashboard in the Kinesis Money platform. When is the Minter’s yield paid? The Minter’s yields are paid monthly, in week 1 of each following month, for all yields accrued in the previous month. Where will I receive my Minter’s yield payments? Your earned yield will be paid into your Kinesis Money KAU and KAG Account, although Kinesis calculates and checks your holdings and minted coins on all linked addresses. You can keep track of your yield via the yield dashboard in the Kinesis Money platform. Am I eligible for Minter’s Yield? What Qualifies my KAU and KAG? The Minter’s yield is designed to reward Kinesis users for minting and then using new KAU and KAG. In order to be eligible for the Minter’s Yield, you must first buy Kinesis Gold or Silver in the process of creating your own Kinesis currencies (aka. Minting), either using fiat or through the EPD process. You then activate your Minter’s Yield by either selling or spending your KAG or KAU on the Kinesis Exchange or using the debit card or transferring it to an unrelated, verified account or wallet. For a full breakdown please read our comprehensive eligibility guide - here. Do I need to Mint every month to receive my Minter’s Yield? No. Your Minter’s yield is perpetual and you will be receiving a proportional stake of the Minter’s Yield fee pool every month. If I complete an EPD process, will that count towards the Minter’s yield? Yes, Exchanging Physical for Digital (EPD), followed by either sending your digitalised physical bullion to another verified user’s account or selling/ trading it on the Kinesis Exchange, counts towards your Minter’s yield. Please find the exact guidelines - here. Will I receive the Minter’s yield if I purchase another asset (other than USD) with my minted gold or silver? Yes, you will receive the Minter’s Yield as long as the KAU and KAG you are selling have been minted, and not bought on the Kinesis Exchange. How is my Minter’s Yield calculated? 5% of the Kinesis Master Fee pool is allocated for the Minter’s yield fee pool. This 5% is then distributed to all who are eligible for the Minter’s yield in the proportion they have minted and used (either by sending or spending) as compared to other participants. Trust and security What are Kinesis gold (KAU) and Kinesis silver (KAG)? Kinesis gold (KAU) and Kinesis silver (KAG) are a 1:1 digital representation of fully allocated physical gold and silver bullion, which sits in our vaults, in your name. KAU and KAG enable fully allocated gold and silver bullion to be instantly purchased, traded, spent and sent anywhere in the world. For the full specifications of Kinesis gold and silver-based digital currencies, as well as the underlying bars, please visit our assets page - here. How do I know my gold and silver is in the vaults? With over 10 years’ experience in the precious metals industry, we understand the necessary assurance only complete transparency provides. All gold and silver bullion held by Kinesis undergoes independent, third-party audits, twice 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 is as stated, and the quality of the storage is satisfactory. The results of all of our audits are publicly available - here. How is Kinesis able to offer free storage on fully allocated gold and silver? We are able to offer Kinesis users chargeless storage on their precious metals holdings, by utilising the robust vaulting network of ABX. Additionally, a share of Kinesis global transaction fee revenue is allocated to covering vaulting costs. Can I redeem my gold and silver? What are the costs? 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) & KAG (Kinesis silver) 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 Money account. Why should I trust Kinesis? Kinesis was founded by Allocated Bullion Exchange (ABX), a leading institutional exchange with 10 years’ 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 and silver bullion holdings.  Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, OZL Liechtenstein 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 Money - here. Depositing bullion Can I mint Kinesis gold (KAU) and Kinesis silver (KAG) with my own physical bullion? Yes, we call this process Exchange Physical for Digital (EPD).  If you have eligible* existing bullion holdings, held at an ABX approved location, you can bring that bullion into our vaults and exchange that physical metal for Kinesis gold and silver-based digital currencies.  Converting your bullion into Kinesis gold (KAU) and Kinesis silver (KAG), allow you to receive a passive yield on your physical gold and silver, securely stored across multiple vaults globally, without charge. Additionally, holding KAU and KAG allows you to spend your physical gold and silver for everyday transactions, with the Kinesis Visa card.  *subject to conditions within the ABX Quality Assurance Framework For more information, visit our EPD page - here.

Doug Turner
Doug Turner

02/07/2021

FAQ – Trader

Trading What are the fees when trading with Kinesis? All trades across all assets on the Kinesis Exchange are charged a flat 0.22% trade execution fee, whether marker order or limit order.  For a full breakdown of our fees, view our fees page - here. What are the spreads like on the Kinesis Exchange? The Kinesis Exchange boasts some of the tightest spreads on fully allocated physical precious metals, and leading cryptocurrencies, globally.  What are Kinesis gold (KAU) and Kinesis silver (KAG)? Kinesis gold (KAU) and Kinesis silver (KAG) are a 1:1 digital representation of fully allocated physical gold and silver bullion, which sits in our vaults, in your name. KAU and KAG enable fully allocated gold and silver bullion to be instantly purchased, traded, spent and sent anywhere in the world. For the full specifications of Kinesis gold and silver-based digital currencies, as well as the underlying bars, please visit our assets page - here. When can I trade? Our trading platform, the Kinesis Exchange, is open for trading 24 hours a day. How can I liquidate my gold, silver or crypto? Kinesis offers users immediate liquidity of their physical gold and silver through a number of innovative access points, bypassing the inefficiencies of archaic industry infrastructure. Kinesis users can simply trade their physical gold and silver for USD, EURO or GBP on the Kinesis Exchange, with a low trade execution fee of 0.22%. From there, Kinesis users are able to withdraw funds to a registered bank account. The Kinesis virtual VISA card presents Kinesis users worldwide with an avenue of instant liquidity, enabling cardholders to spend physical gold and silver for everyday payments. Kinesis cardholders eliminate the minimum requirements, high costs, and inefficiencies from withdrawing, and spending, physical gold and silver bullion. Currencies What currencies are supported on the Kinesis Money platform? You can currently trade gold, silver and cryptocurrency with US Dollar, Euro and British Pound trading pairs. Which currencies can I deposit with? Our multi-currency deposit feature enables Kinesis users to deposit a broad range of global currencies into their Kinesis Money account for instant conversion into US dollar. A favourable exchange rate is applied to the conversion, across all currencies.Our multi-currency deposit supports the following currencies: US dollar (USD), Singapore Dollar (SGD), Japanese Yen (JPY), Euro (EUR), Australian dollar (AUD), Hong Kong dollar (HKD), Great British Pound (GBP), Canadian dollar (CAD), Swiss franc (CHF), New Zealand dollar (NZD), Chinese Yuan (CNH). Users can access Multi-Currency deposits through the Kinesis Money desktop interface.   Trust and security How do I know my gold and silver is in the vaults? All gold and silver bullion held by Kinesis undergoes independent, third-party audits, twice a year. With over 10 years’ 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 and silver-based digital currencies. 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.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 and silver bullion. Additionally, independent auditors perform a series of assessments to ensure the weight and fineness of the bullion is as stated, and the quality of the storage is satisfactory.The results of all of our audits are publicly available - here. Why should I trust Kinesis? Kinesis was founded by Allocated Bullion Exchange (ABX), a leading institutional exchange with 10 years’ 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 and silver bullion holdings.  Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, OZL Liechtenstein 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 Money - here.  Can I redeem my gold and silver? What are the costs? 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) & KAG (Kinesis silver) 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 Money account.  How is Kinesis able to offer free storage on fully allocated gold and silver? We are able to offer Kinesis users chargeless storage on their precious metals holdings, by utilising the robust vaulting network of ABX. Additionally, a share of Kinesis global transaction fee revenue is allocated to covering vaulting costs.

rafal szulczewski
rafal szulczewski

02/07/2021

FAQ – Personal

Trust and security How do I know my gold and silver are there? All the gold and silver within the Kinesis system is independently audited twice a year, by Inspectorate, a Bureau Veritas company and leading global physical commodity audit and inspection specialist. All Kinesis audits are publicly available on our website -  here. How do I know my gold and silver are safe? The gold and silver within the Kinesis system is stored in fully insured, world-class vaulting facilities across twelve vaults in eight locations around the world: Sydney, Singapore, Hong Kong, London, Dubai, Zurich, New York and Liechtenstein.Visit our trust and security page for more information - here. Why should I trust Kinesis? Kinesis was founded by Allocated Bullion Exchange (ABX), a leading institutional exchange with 10 years’ experience trading fully allocated precious metals globally. ABX is a public company with an outstanding reputation in the precious metals space.As we’ve been looking after precious metals globally for over a decade, we understand all the steps necessary to provide our users with the assurance they need. All precious metals within the Kinesis system are fully reserved (1:1), fully audited, fully redeemable, and securely held within the insured vaults of Kinesis’ parent company, Allocated Bullion Exchange (ABX). For a full explanation of the security and transparency of Kinesis gold and silver holdings - see our Trust and Security page - here.  Or, visit our Trustpilot page to see what our users think of Kinesis Money - here. Buying gold and silver Is it complicated to buy gold and silver? With Kinesis, we’ve made it very straightforward for you to buy gold and silver. 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 or silver at the market price in a matter of seconds. How do I know I’m getting a good price for gold and silver? 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 prices among the best for physical gold and silver, globally. Storage Are there expensive storage fees? Kinesis users pay no storage fees on the gold and silver securely stored with Kinesis. How is free storage possible? We are able to offer Kinesis users chargeless storage on their precious metals holdings, by using the world-class vaulting network of our parent company, ABX. Additionally, a share of Kinesis global transaction fee revenue is allocated to covering vaulting costs.

Doug Turner
Doug Turner

02/07/2021