FAQ – Trader
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.
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.
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.
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.