For your coins or bars to qualify for EPD you must have a minimum deposit size of at least 3.22ozt .9999 gold, equivalent to at least 100 KAU, or in the case of KAG, a minimum deposit size of at least 200ozt 999 silver, equivalent to at least 200 KAG.

Yes, subject to approval, small bars and ingots can be deposited into the Kinesis segregated facility.

Yes, users are able to deposit coins, bars and ingots within the same EPD cycle.

Yes, subject to approval, silver bars and silver ingots can be deposited into the Kinesis segregated facility.

There is a 1% deposit fee charged on all coins and bars deposited via the Exchange Physical for Digital (Coins – bars) process.

There is a 2.5% p.a. segregated management fee, charged monthly at 0.2083% per month.

Kinesis users wishing to deposit coins or bars will need to have their coin and/or bar collection assayed at their expense with a service provider of Kinesis’ choosing. Additionally, fees will be charged for both the delivery and cataloguing of the coin or bar holdings.

Assay, delivery and cataloguing fees are calculated on individual circumstances and we will provide a quote after assessment.

Visit the EPD page on the Kinesis Mint to apply and receive a personalised quote.

Yes, the storage is segregated. The segregated coins and bars are stored within the ABX cage of the participating vaulting provider and are attributed to the individual depositor.

In addition to the general information about the deposit, the tube/box/bag number, depositor information, and special notes, such as observed damage, year, edition etc, and, importantly, the KMS HIN of the depositor, would be recorded in the ABX Vault Management System.

Yes, the coins and bars deposited for EPD can be redeemed at any time.

The original depositor or an authorized representative of the depositor via redemption are able to request redemption via the redemption tab of the settings page on the KM platform. In this case, the depositor would need to return the respective number of KAU/KAG to the emission address and pay redemption fees.

The coins deposits are virtually segregated to the depositor and cannot be withdrawn by other participants.

This will remain in effect unless the depositor fails to meet the Balance Maintenance Requirement or fails to pay the minimum segregated management fee.

See Rules FAQ section, or visit the EPD (Coins and bars) requirements – here.

Kinesis gold (KAU) and Kinesis silver (KAG) holders are fully entitled to redeem the underlying coins and bars their KAU or KAG are based on, subject to withdrawal fees and minimum withdrawal requirements.

The minimum withdrawal requirement for gold coins and gold bars is a quantity of coins and bars with a combined fine weight of a minimum of 100 grams of .9999 gold. The minimum withdrawal requirement for silver coins and silver bars is a quantity of coins and bars with a combined fine weight of a minimum of 200 ounces of .999 silver.

The redemption cost and minimum withdrawal requirements of Kinesis are among the lowest in the industry. Redeeming bullion simultaneously liquidates the digital representation of the bullion and removes the respective currency from KAU or KAG circulation.

See our fees page – here.

Yes, to preserve the segregated status of the deposited coins or bars, a depositor must have ⅔ of their KAU or KAG balance received from EPD of coins or bars, in their account on the last calendar day of each calendar month. This is called the Balance Maintenance Requirement.

Therefore, a depositor may liquidate as much of their KAU or KAG balance received from EPD of coins or bars deposited as they wish, as long as their KAU or KAG balance received from EPD of coins or bars deposited, is above the ⅔ requirement stated in the Balance Maintenance Requirement, on the last calendar day of the month.

The depositor must follow the Balance Maintenance Requirement rule or risk losing their holdings and the ability to redeem those coins, in exchange for KAU or KAG, in the future.

If a user redeems part of their segregated holdings, the ⅔ watermark is applied to the remaining coins or bars in segregation. There is no maximum, so long as the amount remaining does not fall below the 100 KAU or 200 KAG equivalent.

The Balance Maintenance Requirement rule means the depositor must hold at least 2/3 of the KAU or KAG received from EPD of coins or bars deposited, in their KM account, on the last calendar day of the month.

The depositor’s balance is checked monthly and if the quantity of KAU or KAG within the depositor’s account falls below the stated requirement, they will be given 30 days to top back up to the required level.

If they do not meet this requirement and the top-up warning is met with inaction, Kinesis will have the authority to remove up to 1/3 of the segregated holdings.

The depositor will now have a new watermark set that they will need to maintain at the start of the next month or they may lose segregation of up to another 1/3 of the remaining holdings.

Read the full details of the Balance Maintenance Requirement rule – here.

If the user’s holdings drop below the ⅔ KAU or KAG balance limit stated in the Balance Maintenance Requirement rule, Kinesis users will be contacted via email and phone, to inform them they have 30 days to top back up to the required level.