Depositing

Loading your Kinesis account with Kinesis gold, silver, KVT, cryptocurrency or fiat.

How to deposit fiat

You can easily deposit currencies onto the Kinesis monetary platform, using ACH transfers, SWIFT or domestic wire transfers. 

ACH and SWIFT transfers (direct bank transfers, such as direct debit or bill payments) are available for all users wishing to deposit their funds in any of the fiat currency options available on the Kinesis platform. 

In most instances users can deposit their funds without the need for currency conversion, however, in some cases, their funds will be converted into the US Dollar ($).

Fiat currencies that do not require conversion: US Dollar ($), British Pound (£), Euro (€), Australian Dollar (A$), Canadian Dollar (C$), Swiss Franc (CHF), Singaporean Dollar (S$) and United Arab Emirates Dirham (AED). 

Fiat currencies that will be automatically converted to the US Dollar at the current prevailing interbank rate: Chinese Yuan Renminbi (¥), Hong Kong Dollar (HK$), Indonesian Rupiah (Rp), Japanese Yen(JP¥) and New Zealand Dollar (NZ$).

As the year progresses, Kinesis will continue to expand fiat on-ramping solutions, with enhanced fiat depositing options to follow.

Step 1: Click on the ASSETS tab from the left-hand navigation panel. (You can also use the deposit function in the top panel)

Step 2: Click open against the fiat account you wish to deposit funds into (USD in this example).

The deposit screen will provide the Kinesis bank account details that you need to make a transfer to in order to deposit fiat funds.

Step 3: Create a bank transfer from your bank account to the Kinesis bank account, including the payment reference contained in the description field on this screen.

Make sure you include the Payment Reference contained in the description field on this screen.

The Kinesis Payment Reference, (starting with KM followed by numbers, eg KM12345678) is a number the Kinesis team uses to identify the account to which the funds should be deposited. If you do not include your KM number as a payment reference, Kinesis will be unable to deposit your funds.

Please note: Allow 3-5 working days for the funds to clear. Once the Kinesis operations team have confirmed receipt of funds in the Kinesis bank account, your Kinesis account will be credited with the deposited funds and you shall receive an email confirming this transaction.

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How to deposit BTC and other crypto assets

The depositing process remains the same for other cryptocurrencies* that can be hosted on the Kinesis platform, with BTC being used as an example.

Step 1: Click on the ASSETS tab from the left-hand navigation panel.

Step 2: Select BTC (or another cryptocurrency of your choice) tile from the top navigation bar, then choose RECEIVE from the BTC OPTIONS drop-down menu.

Step 3: The deposit screen will provide your Kinesis Bitcoin wallet details that you can then deposit BTC to, from your own cryptocurrency wallet.

Once the transaction is complete, you will see your deposited BTC in your account along with an email notifying you about your deposit. You will also be able to view the transaction in your recent transactions.

Please Note: We do not recommend transferring BTC directly from an exchange. It is advised to send BTC directly from an e-wallet.

Please Note:* Kinesis only supports the Ethereum (ERC-20) network when depositing USDT and USDC to the Kinesis platform. This means users are only able to successfully deposit their ERC-20 tokens held on the Ethereum blockchain when depositing to the Kinesis platform.

Example:

USDT deposited with the Ethereum blockchain ✅

USDT deposited with the Polygon blockchain ❌

Depositing ERC-20 tokens that are supported and stored on other blockchains, such as Polygon, Solana and Binance Chain, will result in the assets becoming unavailable to send or trade on the Kinesis platform. Additionally, the user will be liable to pay a fee (5 KAU) to retrieve the deposited cryptocurrency back. Please read our Asset Recovery Policy for further information.

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How to move KVT to your Kinesis account

Please note: If you are moving KVT into your Kinesis account you will need to ensure you have a sufficient amount of ETH in your Ethereum wallet to cover the cost of the transaction, due to the nature of KVTs being ERC-20 tokens.

You can purchase ETH on the Kinesis Exchange or using the Buy/Sell widget on the main Dashboard, within the Kinesis platform.

Option A: Main Dashboard

Step 1: Open the drop-down waffle menu, located in the top-right corner of the main Kinesis Dashboard and select ‘Receive’ .

Step 2: You will be presented with a pop-up screen which displays your KVT account address in numeric and QR-code formats.

Step 3: From there, simply copy (or scan) the KVT account address and enter it into the recipient field in the ERC-20 compatible wallet you currently hold your KVTs in.

Option B: Assets tab

Step 1: Go to your ASSETS tab on the Kinesis account, using the left-side navigation menu and open the KVT asset tile.

Step 2: Click the KVT OPTIONS button and choose ‘Receive’.

Step 3: You will be presented with a pop-up screen which displays your KVT Account address in numeric and QR-code formats.

Step 4: From there, simply copy (or scan) the KVT Account address and enter it into the recipient field in the ERC-20 compatible wallet you currently hold your KVTs in.

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How to receive KAU & KAG

Step 1: Click on the ASSETS tab from the left-hand navigation panel.

Step 2: Select the currency tile you wish to deposit funds to (in this example KAU), from the top navigation bar, then choose RECEIVE from the KAU OPTIONS drop-down menu.

Step 3: The deposit screen pop-up will display your Kinesis deposit address for your account. Copy the Kinesis deposit address by clicking into the container or share via email.

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Exchange physical for digital (EPD)

Visit our EPD (exchange physical for the digital) page here. You can also find our segregated facility page to securely store your coins and bars here.

How to register your bank details:

Step 1: Click the settings icon in the bottom left corner of the navigation menu bar.

Step 2: Select “Bank Details” from the list of settings.

Step 3: 3. Complete the required information on the form. Once complete, click ‘Save’ to store those details in your account, allowing you to withdraw USD, EUR and GBP.