Company News

Take a look at our most recent company updates, announcements, as well as projects and milestones of the Kinesis Monetary system and Kinesis native gold and silver-based currencies, KAU and KAG. Keep track of the latest Kinesis audits and learn about new functionalities, system enhancements and cryptocurrency additions to the Kinesis Exchange. Find out all about the bespoke Kinesis Yield system and how to start earning a yield on gold and silver.

Referrer’s Yield Launches on Kinesis Platform

Kinesis is proud to announce the launch of the Referrer’s Yield with the first retroactive yield payment successfully distributed to all Kinesis referees. The Referrer’s yield will reward Kinesis users who successfully introduce their friends, family or followers to the Kinesis platform. What is the Referrer’s yield? The Referrer’s yield rewards system participants for referring new users to the Kinesis Money platform with a passive monthly yield, paid out in Kinesis gold (KAU) and silver (KAG). The launch of the referrers yield today the 23rd of December 2021 was retroactive, accounting for the total Referrer yield accumulated from 4th April 2019 to the 30th November 2021. A total of 25,043 KAU (25kg of physical gold) and 3624 ounces of Silver, with a total value of 1.54 million USD has been distributed to referrers. Moving forward the Referrer’s yield will be paid out on a monthly basis, alongside all other active Kinesis yields, incorporating all transaction fees of referees registered from the past month end every month thereafter. Referrer yield qualifies participants to earn a 7.5% share of all their referees’ transaction fees, gathered through their activity on the Kinesis platform. An image of 25kg of gold for visual representation. Actual Kinesis 1 kilogram bars shot from our vaults in Liechtenstein used. How does the Referrer’s yield work? A Kinesis user becomes an eligible referrer when a new system participant opens a Kinesis account through their referral link and completes the KYC verification process. This enables the referrers to start earning a yield every time their referees mint Kinesis currencies, trade on the Kinesis Exchange, or spend on their Kinesis debit card. The Referrer’s yield is calculated from the total transaction fees, for any given month, accumulated by all system participants registered as referees. This includes fees generated from their Kinesis Money accounts, as well as any external, standalone wallets that they have linked to their Kinesis Money accounts. The first yield payout on the 23rd of December 2021 was retroactive, accounting for the total Referrer yield accumulated from 4th April 2019 and the 30th November 2021. From January 2022 onwards, the Referrer’s yield will be paid out on a monthly basis, incorporating all transaction fees of referees registered from the past month. Please find a more detailed breakdown here. Depositing and Sending Currencies via Email New system participants can set up their Kinesis account free of charge and are not required to make an initial deposit upon joining. System users who sent digital assets via the ‘send to email’ functionality and whose recipients signed up to Kinesis with the emailed referral link are also eligible to receive the Referral yield. The sending of any digital assets, such as Kinesis KAU, KAG, or currencies listed on the Kinesis Exchange - can act as a user’s first deposit, which will count towards a Referrer’s yield for the sender. Importantly, Kinesis referrers can still earn a yield on their recipient’s transaction fees, even if they themselves have not generated any transaction fees. Thanks to Kinesis’ usage-based model, the increased overall transaction velocity among onboarded users will enable all system participants to generate a higher yield. The New Referrer’s Dashboard & Kinesis Rewards Coming soon, the new Referrer dashboard, launching in the new year, will introduce a gamification element to the referral process and the Kinesis monetary system as a whole. The interactive dashboard is set to reward system users for their engagement across the entire Kinesis Money platform, referring others to the platform being just one example. With a milestone-structured activity tracker, Kinesis users can expect to receive tangible rewards as they progress through the stages set up to encourage usage of the Kinesis platform to its fullest potential. Introduce Family & Friends to Kinesis Explore Referrer's Yield

Latifa Alkhanjary
Latifa Alkhanjary

22/12/2021

Kinesis Partners with Panama-based Provider Atlas Vaults

Kinesis is pleased to announce a new partnership with Atlas Vaults and Atlas Brokers, expanding the global Kinesis Vaulting Network into Latin America. By joining forces with the leading Panama-based vaulting provider, broker and trading hub, Kinesis is introducing the Atlas Group’s considerable client base to the Kinesis Monetary system. The partnership is set to bring superior value and returns to Atlas Vaults and Kinesis clients, as well as citizens across South and Central America. Central to the partnership, Kinesis is introducing the 13th storage facility into its global vaulting network, which now spans 9 countries. New Global Trading Hub Through the new Panama-based trading hub, Kinesis users globally will benefit from enhanced bullion pricing and spreads. The price of Kinesis gold and silver will now be aggregated across a wider range of trading hubs within the Kinesis network, enabling Kinesis to continue to deliver global investors the best aggregated pricing and spreads in the precious metals industry.Additionally, the Panama storage facility becomes an approved vault within the global vaulting and trading network of Kinesis’ core partner, Allocated Bullion Exchange (ABX), as well as a member of the ABX Quality Assurance Framework (QAF). Redemption and Deposit The location and proximity of the vaulting facility will enable Latin American citizens to face significantly reduced delivery costs, when depositing or redeeming bullion. This gives local investors a feasible option between chargeless storage in Kinesis vaulted facilities, or redemption of their precious metals, if they should so choose. In addition, Kinesis’ redemption fees and minimum withdrawal requirements are amongst some of the lowest redemption fees globally, giving system users greater access to their physical bullion. Kinesis in Latin America With a history of episodic hyperinflation and current, prolonged inflation in the LatAm region, the Kinesis ecosystem will reduce barriers of entry for those wishing to experience the stability and safety of precious metals investment. Through the partnership, citizens can easily utilise precious metals as a hedge against the steep inflation rates seen in many countries across Latin America, which reached 10.25%* in Brazil - a recent report has shown. In times of high inflation, capital investments that gain proven returns are desirable across the board. Intrinsic to this partnership, Atlas Vaults and Atlas Brokers will introduce their significant client base to the Kinesis Money platform, enabling them to generate a passive yield on their precious metals holdings.By storing precious metals with Kinesis, holders will have instantaneous access to the usage-based yield model that offers a return for simply holding precious metals, with all storage and insurance costs covered. With the October Holder’s Yield payout reaching a total of $2.84 million, investors can generate a proven debt-free, passive return on their bullion investments. With local currencies continuing to experience the corrosive effects of inflation, Latin American investors are now provided with an alternative investment solution to enhance their portfolios. The Kinesis Monetary system enables LatAm citizens to benefit from easy access to yield-bearing gold and silver, which sits protected in our vaulted, non-banking facility. As part of Kinesis’ provision for Latin American users, the soon-to-launch Spanish version of the Kinesis Money site will introduce the entire Kinesis product suite in their native language. The expected influx of Latin American clients is set to trigger an increase in global transactional activity within the Kinesis Monetary System, contributing to the yields of all Kinesis users globally. Remember, transaction volume will be further strengthened by the upcoming launch of the Kinesis Velocity Yield, which rewards users for trading and spending with Kinesis. Future Projects Following the launch of the Atlas Vault and Atlas Brokers partnership, Kinesis looks to continue to broaden its vaulting network throughout selected regions globally. *Source: Rosati, A. (2021) 'Latin America’s Surging Prices Spell Hard Work for Central Banks'. Bloomberg.

Latifa Alkhanjary
Latifa Alkhanjary

26/10/2021

Q3 Update - Historic Milestone for Precious Metals Industry

In our most recent update, CEO and founder of Kinesis Money, Thomas Coughlin, would like to share the historic milestones of the Kinesis Monetary System in Q3 and provide a glimpse into the final quarter of the year. Holder’s Yield Launched and US $2.84M Payments distributed Just over a week ago, Kinesis paid the highly-anticipated Holder’s Yield - a monumental advancement for the Kinesis Monetary System and the precious metals industry as a whole. On the 6th of October, all users that were holding their gold and silver with Kinesis, received a passive yield, with the first retroactive payout valued at $2.84 million dollars. A total of 46.2 kilograms of gold and 6,047 ounces of silver were distributed back to all eligible holders of the Kinesis Monetary System, rewarding them for simply storing their precious metals with Kinesis, free of charge. With the launch of the Holder’s yield, Kinesis has brought to life its ambitious promise, proving the system’s ability to deliver on such a bold concept. Through a unique, usage-based model, Kinesis has paid a debt-free passive yield on physical gold and silver for the first time in economic history. As Kinesis continues to build its reputation in the precious metals space, we expect a significant influx of new investors into the system, who may have previously been holding their metals with less advantageous providers. An official statement around percentages and detailed figures will be released in a press release separately in the coming weeks. Send digital assets via email This quarter, Kinesis users saw the launch of the new ‘send-to-email’ payment functionality, streamlining the process of sending all digital assets available on the Kinesis platform, including KAU, KAG and KVT, at the tap of a button. This feature opened up the avenue for existing system participants to invite new, prospective users onto the platform, with only the email address of the recipient required. Kinesis users can now pay for services in gold and silver via desktop and mobile, effectively transforming the way precious metals and crypto feed into daily transactional life. In advance of the upcoming Referrer’s yield roll-out, the ‘send-to-email’ feature has ensured that every time a sender completes an accepted transfer to a recipient, they will automatically qualify to receive the Referrer’s yield for that referee. Segregated facility With the launch of the new Kinesis segregated storage facility, Kinesis expanded the existing Exchange Physical for Digital (EPD) program and introduced a new mechanism for users to bring their eligible* coins and bars into secure Kinesis’ vaulting facilities. This update has meant that investors worldwide can now convert the fine weight of their holdings into Kinesis gold (KAU) and silver (KAG), and thereby access all the benefits of the Kinesis Monetary System while maintaining their collection.Find out more about our segregated facility - here. PosGO Indonesia After the months-long spikes of Covid-related issues that caused country-wide lockdowns, 100% work from home mandates and the banning of any public events, the situation has finally abated to the extent that by mid-September the country had begun to gradually open back up and ease into a state of relative normalcy. Currently, there are still capacity limitations on both private and public gatherings and events. However, we remain hopeful the country will continue to open up again fully within the near term. In turn, we anticipate that both PT POS and the Indonesian government’s goal and plan to launch PosGO Syariah to the widest possible audience will happen shortly. As previously, both the global Kinesis team and Indonesian Kinesis tech & business development teams have continued to work and add value to the PosGO Syariah offering. During this time, the Kinesis teams were: integrating on/off ramps and embedded bank accounts from three additional banks – UOB Bank, Artha Graha Bank, Sinar Mas Bank - which now includes six leading local banks in total;automating several back office and reporting modules with the national exchange groups (ICDX and JFX), as well as with the regulator (Bappebti);methodically formulating integration and business development agreement with the Indonesia Migrant Worker Protection Agency (the government agency representing over 5 million migrant workers overseas) successfully enhancing the KAU overseas remittances offering. Kinesis will update the community once there is a firmer timeline for a country-wide launch of PosGO Syariah across Indonesia. However, in its current state, PosGo, which is one of the largest public-private partnerships in economic history - firmly directs Kinesis in a straight line toward the long term and sustainable success for the company, the community, and all stakeholders. As a reminder, PosGO Syariah is directly integrated with Kinesis KAU. As such, every transaction in KAU on PosGO Syariah results in transaction fees that go into the Kinesis Master Fee Pool. Business Operations Team The Business Operations team continues to strategically grow, with global talent joining Kinesis across Sales, Compliance, Delivery, Customer Service and Global Administration. Additional roles will be filled in the coming quarter to realise enhancements, most notably with regard to fiat deposit/withdrawal and compliance review efficiencies. Business Development appointments and strategy will also be a focal point in the quarter ahead. Scalability remains a core component of the Business Operations recruitment drive, and a structure is now in place which is designed to grow seamlessly as our diverse user base does. In addition to the strengthening of the Operations team dynamics, Kinesis continues to explore relationships with exciting service providers across the world as we strive to provide enhanced fiat on and off ramps and expand our bullion deposit and redemption facilities for the Kinesis community. Expect announcements surrounding exciting strategic partnerships to soon be released. Kinesis Monetary system expansion and upgrades Additional crypto trading pairs As we continue to expand the range of cryptocurrencies available on the Kinesis Exchange, the addition of Dash (Digital Cash) and Bitcoin Cash (BCH) further enriches Kinesis users’ selection of the most in-demand coins, globally. Next in the line-up are Ripple (XRP) and Cardano (ADA) where work is currently underway in line with our development roadmap. Every additional cryptocurrency brought onto the platform benefits from the technology and utility of Kinesis, such as the ‘send-to-email’ payment feature. Mobile-friendly web and Sign in with Google We are constantly monitoring the performance of our websites and how the community is interacting with our platform. In line with global trends, we have recently upgraded our Kinesis Monetary System (KMS) web platform to be very mobile-friendly, providing you full KMS functionality on the go and allowing it to be used on more browsers and different form factors than ever before. From mobiles and tablets to smart televisions and other modern devices with inbuilt browsers, these features complement our mobile app available in the Apple and Google stores. In the next quarter, we will release a new feature that will allow you to sign in to our web platform using the one-click “Sign in with Google” for those that have a Google account. This will make it faster and easier to access your account than ever before. Security in our platform is very important to us, as an extra level of protection, users will still need to enter your multi-factor authentication code (MFA) to access, trade or transfer funds from your account. Looking ahead to Q4 Yield Engine Upgrade - The Kinesis Velocity Yield In response to feedback from the community, we have decided to improve the yield engine by replacing the Depositor's yield with the Velocity Yield, which rewards users every time they trade on the Kinesis Exchange or spend on the Kinesis Debit Card. With the introduction of the Velocity yield, we are embracing a new element to the Kinesis yield engine, designed to supercharge the transactional velocity of Kinesis gold and silver currencies, and reflecting their intended use as utilities with fundamental spending power. The Velocity Yield fee allocation is being increased from 5% to a newly set 10% on 1 November 2021, providing an increased incentive to utilise the Kinesis System. As with all Kinesis yields, the first payout of the Velocity yield will be retroactive, meaning that it will be retrospectively applied to all Kinesis participants' previous trading and spending activity. We will announce more on this yield engine upgrade when approaching its release. Referrer’s Yield Later this year, Kinesis is set to launch the Referrer’s yield, as the third yield of five to be released under the Kinesis Monetary system. Following the release of our latest ‘send-to-email’ feature, the Referrer’s yield is set to trigger a mass onboarding of new users to the platform. Through referring new system participants - friends, family, and business associates - the existing user automatically becomes eligible to receive a 7.5% share of every single one of their referee’s Kinesis transaction fees. Alongside the forthcoming release of the Referrer’s yield, the Referrer’s interactive dashboard will enable Kinesis user participants to view those they have successfully onboarded to the platform and track their yield revenue generated from each referee. The galactic-themed dashboard will introduce gamification concepts that reward referrers with bonuses and gifts, whilst tracking progress and celebrating milestones. New HQ Over the coming months, Kinesis is set to unveil our new Liechtenstein Headquarters, situated above a 7,000 square-foot state-of-the-art vaulting facility in the capital city, Vaduz. A progressive regulatory framework as it pertains to our business and the rights of our users was a primary driver in the section of Liechtenstein. We sent the creative team over to do some filming to lift the veil on the Lichtenstein operation.Stay tuned as Andrew Maguire will be taking you on an exciting tour of the new Kinesis AG operational facilities and showcasing the state-of-the-art vaults, in the weeks to come. The Kinesis Physical Mint Kinesis is excited to introduce the Kinesis Bullion store, where investors will be able to add Kinesis gold and silver bullion to their coin and bar collections, produced at the new Kinesis Physical Mint facility. The Kinesis Physical Mint is now set up for large-scale production of investment-grade Kinesis coins and bars. Through controlling each stage of the production process from end-to-end, Kinesis ensures that all bullion is of the highest quality with our initial range being of minimum metal fineness of 9999 gold and 9999 silver. Each coin and bar has been designed and pressed entirely in-house, featuring bespoke designs conceptualised by our in-house artists. Kinesis users will be able to choose from our debut coin and bar series, finessed with the artistic motifs of the Egyptian and Greek Goddesses, Ma’at and Themis, to represent the intrinsic values of the Kinesis ecosystem. We look forward to sharing our coin and bar designs with Kinesis users and the wider precious metals community, closer to launch. Debit cards We will soon be announcing an exciting collaborative global partnership in the debit card, banking and digital asset lending space. The services from this partnership have been scheduled for a phased roll-out starting this quarter and they will be globally inclusive. Our UK and Europe debit card program partner integration was completed during Q3 in accordance with the roadmap, however, awaits final regulatory approval which we all await with great anticipation. We will be ready for an immediate launch once we cross this final hurdle. Extensive regulatory and compliance work has been conducted on the debit card and banking side to ensure that a smooth rollout with premier providers is handled properly for both longevity and stability. Our combined service offering will be of extreme value to customers and will be strongly commercialised in targeted regions. Stay tuned for upcoming announcements in this space. Regional Partnerships Our regional partnership teams have been busy signing and building out an aggressive integration pipeline of foundational and commercial anchor partnerships across the world. There has been a significant emphasis on selecting strong partners to be part of the Kinesis global growth story far into the future. In Q4 we will begin announcing and launching a number of these partnerships in the strategically correct order, along with building out a global business development team to specialise in certain markets we wish to significantly infiltrate. Watching the momentum build with partnerships will be exciting, particularly once our partner API suite is complete also during this quarter. Onboarding Kinesis Money is currently working to update the process by which users deposit funds to their Kinesis account and Wallet. In a continued effort to enhance the speed and efficiency of depositing funds into a Kinesis account, our company looks to introduce enhanced on-ramping functionality. Legal Kinesis will continue to expand its global corporate footprint and will as a matter of course, seek appropriate licensing in jurisdictions. As regulators across the globe continue to draft legislation surrounding digital assets and digital asset exchanges, Kinesis recognises the importance of working with regulators and operating within the appropriate regulatory framework to ensure the continuity of the Kinesis Monetary System. We will keep the Kinesis community informed as we further build our operating structure. Recruiting and hiring The Kinesis team continues to expand with significant time and resources spent securing the best talent possible around the world. Each member of the Kinesis team has been hand-picked due to their exceptional skills. We have recruited heavily across multiple departments over the last quarter with new additions to our Business Operations, Marketing, Finance and Technology teams. The creation of new roles has allowed us to significantly increase productivity and output across all departments with Kinesis now employing over 100 people worldwide. If you are an exceptional individual with a passion for Fintech be sure to check out our social media channels or reach out to recruitment@kinesis.money for more details. Conclusion As Kinesis looks to Q4, we would like to acknowledge the monumental progress and achievements that have been realised in recent months. With the payout of the Holder’s yield, Kinesis delivered on yet another industry-shifting yield - the first in economic history to reward holders for simply storing their gold and silver. As the most accessible of the five yields and as a matter of design, the Holder’s yield is the epitome of the Kinesis objective: to bring about a monetary system where everyone can access the enduring benefits of owning gold and silver.

Sam Briggs
Sam Briggs

15/10/2021

Kinesis Launches Historic Holder’s Yield

Kinesis Money is proud to announce the Holder’s yield launch, which represents a monumental milestone for the Kinesis Monetary System and the precious metals industry as a whole. With the highly-anticipated Holder’s yield launch, Kinesis is paying out a debt-free, passive yield on physical precious metals for the first time in the industry. The launch of the Holder’s yield will see 46.2 kilograms of gold and 6,047 ounces of silver, distributed to Kinesis users, simply for holding their metals with Kinesis, free of charge. The first payment with a value of 2.84 million dollars, at the time of writing, is scheduled to be paid out into users’ accounts on 6th October 2021. Following the successful roll-out of the Minter’s yield, the Holder’s yield is the second of five yields within the Kinesis Monetary System. The Holder’s yield represents another pivotal moment in Kinesis history, as we continue to forge the path towards a global, fair and ethical monetary future. The Holder’s Yield The Holder’s yield rewards all investors who hold their precious metals on the Kinesis Money platform with a passive monthly yield. This enables system participants to earn a recurring monthly yield, paid in gold and silver, which is accrued for every day they hold gold and silver with Kinesis. The first Holder’s yield payment will be retroactive, which means that Kinesis users will be credited with all yields accumulated from the 4th April 2019 until the 30th September 2021. Going forward, all yield payments will be calculated and paid monthly. With a rapidly expanding system that currently supports over 80,000 global investors, Kinesis will reward every single participant holding gold and silver within the Kinesis system to date. Kinesis native currencies, KAU and KAG, can be acquired on the Kinesis Exchange; the Kinesis Mint; and select external exchanges. All Kinesis gold (KAU) and silver (KAG) held in a user’s Kinesis Money account or linked wallets automatically qualify for the Holder’s yield, with no lock-in terms. How Does Holder's Yield Work? https://www.youtube.com/watch?v=Bj3kdB8CDZQ&t=90s The Holder’s yield is paid out to investors in fully allocated gold or silver, directly into their Kinesis account every month. Through Kinesis’ usage-based model, the Holder’s yield is generated by pooling together all the transaction fees gathered across the entire platform. Every time a transaction is completed, whether from users’ spending, sending or trading on the Kinesis platform, a share is stored in the Master fee pool and allocated to a specific Kinesis yield. A total of 15% of these transaction fees are then distributed back to Kinesis system participants who are eligible to receive the Holder’s yield. The final yield is calculated by the ratio of total gold (or silver) held in a user’s Kinesis Money account (or linked wallet) divided by the total amount held by all other Kinesis users in a month's period. Please find a more detailed breakdown here. How to Become Holder's Yield Eligible? All KAU and KAG held in your Kinesis Money account automatically qualify for the Holder’s yield and require no further action. If you hold KAU and KAG outside of your Kinesis Money account in an external wallet, you will need to link any wallet addresses to your Kinesis Money account, in order to receive the Holder’s yield. We would like to reiterate that the vast majority of Kinesis users will be required to take no action. However, we urge all participants with all external addresses holding KAU or KAG to check that their wallet address is listed in the address linking widget on the Yields tab of the platform. We would like to emphasize that all unlisted wallet addresses holding KAU or KAG will not receive the Holder's yield. This is why it is imperative that all users follow the steps to ensure all external addresses holding KAU or KAG are linked and listed. External Wallet Deadline Extension Please note, we have extended the deadline for wallet linking. External Kinesis wallet holders and CoolWallet S holders now have until Tuesday the 5th October 2021 to link their wallets, in order to receive the Holder’s yield.See CoolWallet S linking instructions - here. See external Kinesis wallet linking guide - here A Landmark in Industry From the start, Kinesis set out to establish a forward-thinking economic model centred around the enduring value of gold as a stable and historically appreciating asset. In a time of financial uncertainty, particularly in high-risk investments, Kinesis recentres the monetary focus on precious metals, which with Kinesis, become a debt and risk-free asset that also generate a yield. With the Minter’s yield launch on the 7th of July this year, all eligible* Kinesis users received a payout of 14,052 grams of gold (KAU) and 1,686 ounces of silver (KAG), with a combined US dollar value of $864,220. With the Holder’s yield launch, Kinesis will prove, yet again, that gold is a safe haven, as well as an asset with vital yielding potential within the Kinesis ecosystem. What’s more, Kinesis only offers investors a positive trajectory for their investment in gold and silver, by providing the infrastructure to maintain zero storage fees on all holdings - for life. Kinesis holders have the choice of storing their precious metals in one of our 8 non-banking vaulting facilities, positioned in favourable jurisdictions for complete assurance of user asset protection. With Kinesis, investors adopting native currencies, KAU and KAG, have access to a high yielding environment that is not set and will grow along with its community of users who recognise the intrinsic value of gold and silver-backed currencies. What’s next for Kinesis? The Kinesis Monetary system continues to welcome a rapid increase of new users. As we scale towards global adoption, more participants are discovering the universal benefits of holding physical gold and silver with Kinesis. Kinesis continues to move forward with its industry-changing roadmap, with the Referrer’s yield next in the pipeline set to launch on the platform this year. Find out how to hold and earn with Kinesis Money. HOLDER'S YIELD

Natalie Laz
Natalie Laz

01/10/2021

Kinesis introduces 'Send-to-Email' payment functionality

We are pleased to introduce the ‘send-to-email’ payment feature, which enables Kinesis users to send digital assets to current and prospective users, with only the email address of the recipient required. The exciting new functionality allows system participants to transfer digital assets, including Kinesis gold (KAU) and Kinesis silver (KAG), as well as Kinesis Velocity Token (KVT), to friends, family or business associates outside of the Kinesis Monetary System. Accessible on Kinesis desktop and mobile applications, the ‘send-to-email’ feature provides a streamlined payment option for all Kinesis users. Importantly, through the ‘send-to-email’ feature, the existing system participants will be able to invite new, potential users onto the Kinesis Money platform, automatically qualifying the sender to receive the Referrer’s yield. Among its many benefits, the new functionality opens up the door for Kinesis users to pay non-users for their services in gold and silver. For those who wish to send funds via email to existing account holders, the new payment preference provides the advantage of selecting your recipient without requesting their wallet address. Which Crypto Coins Can be Sent by Email? Kinesis account holders can transfer any crypto currently held in their account via the ‘send-to-email‘ process, including: Digital currencies that can be sent via email through the Kinesis Money platform. As Kinesis continues to expand its crypto pairs available, all additions to the platform will also be compatible with this functionality. What are the Benefits of the Send-to-Email Feature? The ‘send-to-email’ function provides an opportunity to easily invite friends, family and people you know into the Kinesis Monetary System, enabling the referer to receive a share of every fee taken on every single transaction made – for life. All the sender needs to do to qualify is ensure the recipient has created an account and verified their email address. Remember, the Referrer’s yield entitles a user to a 7.5% share of every single one of their referee’s Kinesis transaction fees. https://youtu.be/PCisZZV_Yu0 How Do I Send Crypto via Email? Both desktop and mobile users who wish to send funds via email can simply follow the usual flow to send digital assets, only choosing the ‘Email’ option when selecting a recipient. The widget provides the opportunity to include a short message in the email to personalise the message or inform the recipient of the reason for payment. Find a detailed run-through of the process in our user guides here. How Do Non-users Receive Funds Via Email? When a Kinesis account holder is sending crypto to a potential Kinesis user, the recipient will be sent an email with instructions prompting them on how to receive their funds. The recipient of the email will then need to sign up for a Kinesis account and verify their email address, in order to accept their payment. This will ensure that only the person linked to the respective email address will receive funds that are being delivered to them. If the recipient does not accept funds within a 48-hour window, the transaction will expire and funds will be returned to the sender. How Do Kinesis Money Users Receive Funds Via Email? When a Kinesis user is receiving crypto from another user via email, the funds will automatically be deposited into the recipient's account. The new payment feature is an effective onboarding mechanism, reducing barriers to entry for new users. ‘Send-to-email’ functionality will serve as a powerful catalyst for the adoption of the Kinesis Monetary System, ahead of the release of the Referrer’s yield and the powerful, new referral dashboard, later this year.

Latifa Alkhanjary
Latifa Alkhanjary

30/09/2021

Dash now tradeable on the Kinesis Exchange

We are happy to announce that Dash coin (DASH) is now tradeable on the Kinesis Exchange. As we continue to expand the range of virtual currencies in offering for Kinesis users, this important addition will further enrich the selection of the most in-demand crypto coins, available to trade globally. Dash established itself as a top 15 cryptocurrency early this year, according to its market capitalisation, making this exciting news for crypto investors on the platform. What makes Dash unique? Dash came onto the crypto scene as a fork of Bitcoin, with the aim of building a digitally scalable payment system that would resolve the two greatest issues of earlier cryptocurrencies: the speed of crypto transactions and heightened security for crypto holders. Although based on Bitcoin, Dash uses a two-tier network structure enabling a dramatically improved efficiency, which allows for better transaction processing and equips it with a powerful capacity for trading. As a result, Dash offers remarkably fast payments worldwide, with an average transactional speed of just above 1 second. Additionally, Dash, whose name reflects the idea of "Digital Cash", focuses greatly on privacy protection as well as an enhanced user experience. The virtual coin aims to provide a level of privacy equal to cash, which makes Dash a preferred method of payment globally. Kinesis Money users can now send, spend, receive and trade their Dash coins via the Kinesis Exchange, housing them in their respective DASH Wallets, for the ease of completing crypto transactions on a global scale. Trading Dash crypto on the Kinesis Exchange Kinesis users can now trade DASH with a range of selected fiat pairs, as well as gold and silver-backed Kinesis native currencies, KAU and KAG. More Trading Pairs to Come Kinesis will continue to widen the selection of cryptocurrencies on the Kinesis Exchange, to offer investors the most competitive crypto trading options on the market. With further cryptocurrency listings scheduled later this year, Kinesis investors will have the opportunity to diversify and enhance their crypto portfolio. Start Trading Dash on the Kinesis Exchange TRADE DASH

Latifa Alkhanjary
Latifa Alkhanjary

27/09/2021