Posted 6th Temmuz 2021

Our fees

Precious metals storage fees & Transaction costs 

Storage fees on all fully allocated precious metals held by Kinesis are eliminated by the robust vaulting infrastructure of Kinesis’ parent company, ABX, and a share of global transaction fees charged across the Kinesis system.

Store your gold (KAU) and silver (KAG) on an allocated basis with Kinesis.0% per annum
Buy or sell gold (KAU) and silver (KAG) bullion at quoted market price, via the Kinesis Money dashboard or the Kinesis Exchange.0.22% fee
Buy or sell gold (KAU) and silver (KAG) bullion using limit order, via the Kinesis Exchange.0.22% fee

Kinesis Exchange fees

Trade execution fees

Trade asset at current market price, via market order. 0.22% fee
Trade asset, via limit order0.22% fee

Withdrawal of crypto and fiat

CurrencyWithdrawal feeMinimum withdrawal amount Deposit minimum
KAG0 (standard 0.45% on-chain transaction fee will be charged + 100 stroops (0.00001)0.03 KAG 0.00001 KAG
KAU0 (standard 0.45% on-chain transaction fee will be charged + 100 stroops (0.00001)0.03 KAU 0.00001 KAU
KVTDynamic fee*1 KVT1 KVT
ETHDynamic fee*0.02 ETH 0.00042 ETH
BTCDynamic fee*0.0008 BTC 0.0003 BTC
USDTDynamic fee*50 USDT 0.5 USDT
LTCDynamic fee* 0.01 LTC 0.001 LTC
BCH Dynamic fee*0.001 BCH0.0005 BCH
DASHDynamic fee*0.15 DASH0.1 DASH
XRPDynamic fee*10 XRP5 XRP
XLMDynamic fee*20 XLM10 XLM
XDCDynamic fee*50 XDC30 XDC
USDCDynamic fee*50 USDC0.5 USDC

*Withdrawal fees vary depending on network congestion. Fees are dynamically calculated at the time of withdrawal.

Kinesis Money fees

Wallet transfer fees0.45% fee
Account transfer fees0.45% fee
Transfer fees between the Account and Wallet 0.45% fee

Kinesis Virtual Card fees & limits

Kinesis Virtual Card fees

Kinesis virtual card transaction fee0.95%
Trade execution fee on instant KAU, KAG or crypto transactions0.22%
Card provider transaction fee1%
Sign-up fee$0.00
Monthly fee$0.00

*100% of Kinesis’ fees contribute to the Kinesis yield pool, which is distributed among Kinesis users each month.

Kinesis Virtual Card limits

Daily spend limit€15,000
Max single transaction limit€15,000
Max number of daily POS transactions20

Minting fees

Mint deposit fees

Mint Deposit from outside of KMS$0 per transaction*
Mint Deposit from Kinesis Money Platform$25 per transaction

Mint trade execution fee

Mint trade execution fee0.45% per transaction

Transferring USD from the Kinesis Mint to Kinesis Money

Withdraw from Kinesis Mint to the Kinesis Money platformFREE
Withdraw from Kinesis Mint to the external bank accountNo fee is charged from Kinesis. External banks may charge the receiver fees.

Fees for depositing physical bullion, coins and bars

Exchanging physical for digital (EPD) – bullion

Precious MetalEPD fee

Exchanging physical for digital (EPD) – (coins and bars) – Segregated facility

Deposit fee1%
Segregated management fee2.5% p.a.

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 the assessment.

Physical redemption fees

Physical redemption

Physical redemption is the act of withdrawing the gold and silver bullion underpinning your Kinesis gold and silver-based digital currencies.

CurrencyWithdrawal feeMinimum physical withdrawal amount
KAU0.45% + $100 + delivery fee*100g Gold
KAG0.45% + $100 + delivery fee*200oz Silver

* delivery fees vary between countries, however, the reach of Kinesis’ global vaulting network minimises delivery costs.

Physical redemption fees – example

Price (example)Withdrawn amount (minimum)Withdrawal FeeRedemption costShipping
$60 per KAU (1g of gold)100 KAU (100g of gold) =$60000.45% of 100 KAU = 0.45 KAU(27$)
+$100 Depending on the location
$30 per KAG (1oz of silver)200 KAG (200 oz of silver) =$60000.45% of 200 KAG = 0.9 KAG (27$)
+$100Depending on the location

Physical redemption of segregated holdings deposited via EPD (Coins and bars)

Kinesis users utilising the segregated storage facility, are fully entitled to redeem the underlying gold coins and gold bars their KAU and KAG are based on, subject to withdrawal fees and minimum withdrawal requirements.

CurrencyWithdrawal feeMinimum physical withdrawal amount
KAU0.45% + $100 + retrieval fee (if applicable) + delivery feeCoins or bars with a fine weight of 100g of .9999 gold
KAG0.45% + $100 + retrieval fee (if applicable) + delivery fee*Coins or bars with a fine weight of 200oz of .999 silver