FAQ – Buy Cryptocurrency
How many trading pairs are available on the Kinesis Exchange?
The Kinesis Exchange currently houses 19 unique trading pairs, with more being added. Traders can trade Kinesis gold (KAU) and silver (KAG) currencies, Bitcoin (BTC), Ethereum (ETH) and a variety of fiat currencies.
Which cryptocurrencies can I purchase KAU (gold) or KAG (silver) with?
Users are able to purchase KAU and KAG using either Bitcoin (BTC) or Ethereum (ETH) on the Kinesis Exchange. We will be adding more crypto trading pairs in the near future.
Which exchanges are Kinesis currencies (KAU & KAG) listed on?
Kinesis KAU and KAG are currently only listed on the Kinesis Exchange. We are working to have these currencies listed on other popular cryptocurrency exchanges in the near future.
What are the fees associated with trading on the Kinesis Exchange?
A small 0.22% trade execution fee is applied on all trades on the Kinesis Exchange. These fees are accumulated and distributed back to the community in various proportions. Learn more here.
How can I make use of my digital assets?
Users are able to send and receive funds to their Kinesis accounts as well as use funds to spend in the real world using the Kinesis debit card.
Which blockchain network do Kinesis currencies reside?
The Kinesis currencies, KAU and KAG, have been built on our bespoke fork of the Stellar network.
There was one defining objective that needed to be met with this choice, and this is the ability for Kinesis currencies to function as the high velocity, globally used currencies that form the basis for the Monetary System that Kinesis is pioneering.
How can I review transactions on the Kinesis Blockchain?
Transactions for Kinesis currencies, as well as market cap for the respective currency can be viewed on the Kinesis Blockchain Explorer here: https://explorer.kinesis.money/
Safety and security
How are my currencies tied 1:1 to gold and silver?
Each Kinesis KAU and KAG is directly allocated with the corresponding weight of physical precious metal. This allocation is always on a 1:1 ratio. Allocated legal title remains with the holder of the Kinesis currency, ensuring that proportional ownership of the allocated gold and silver always resides with the KAU and KAG holders.
The bullion behind the Kinesis digital currencies will never appear on the Kinesis balance sheet, this reduces counterparty risk when choosing to hold your bullion with Kinesis.
What pairs can I trade with Kinesis?
Traders on the Kinesis Exchange are able to trade between precious metals, fiat and cryptocurrencies: Bitcoin (BTC), Ethereum (ETH) and Tether (USDT).
In terms of precious metals, Kinesis users can currently trade between Kinesis gold (KAU), Kinesis silver (KAG), USD and EURO.
How can I liquidate my physical gold or silver?
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 or EURO 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.