Kinesis Silver (KAG) | Kinesis Money (2024)

Kinesis silver (KAG) is a digital currency. Each KAG is backed by one ounce of fine silver stored in fully insured and audited vaults, in your name. With KAG, you can trade, send and make payments in physical silver, anywhere in the world. Through blockchain technology, Kinesis has digitalised the proof of ownership of physical precious metals.

Kinesis silver opens users up to the numerous benefits of owning silver without the burden of storage, insurance, or account fees. As a digital asset, it combines the everyday utility of a currency, backed by the value of the precious metal.

With Kinesis, we’ve made it very straightforward for you to buy digitalised physical silver (KAG).

From the main dashboard of your Kinesis account, you simply enter how much money you would like to spend or how much silver you would like to buy, and you can purchase silver at the market price in a matter of seconds.

You just need to sign up for a Kinesis account to purchase silver through our platform. If you wish to trade cryptocurrency for Kinesis silver, it’s not necessary for you to verify your ID.

You can either purchase precious metals through the easy-to-use widget on the main Kinesis dashboard or the Kinesis Exchange, a world-class precious metals trading platform.

Kinesis has made investing in fully allocated physical silver very simple, cost-effective and uniquely profitable. When you invest in precious metals with Kinesis, you receive a passive yield on physical silver bullion, securely stored across multiple vaults globally, without charge.

There are two different kinds of orders to trade Kinesis silver (KAG) on the Kinesis Exchange. When trading silver, you have the option to choose between a market order or a limit order.

A market order allows you to instantly buy or sell precious metals at the current market price.

A limit order allows you to set the price at which you wish to buy or sell KAG. The trade will only be executed when the market price corresponds with your chosen price. Limit orders effectively allow you to trade automatically, entering and exiting markets at the price you wish.

The Holder’s Yield is a passive yield earned on every single gram of silver (KAG) held with Kinesis. The yield will be paid monthly in silver for as long as you hold your precious metals with us.

The Holder’s Yield is calculated from a 15% share of Kinesis’ global transaction fee revenue, distributed among all the KAG holders in the Kinesis system.

To find out how it all works, visit our dedicated Holder’s Yields page – here.

Yes, Kinesis silver (KAG) can be described as a stablecoin – a cryptocurrency that derives value from its tie with an underlying commodity. KAG is a digital asset backed by an equal amount of 1 ounce of fully allocated, fine silver bullion.

Holders of Kinesis silver are offered the security of ownership on an asset that has held its value throughout history. The price of KAG aggregates the cost of physical silver bullion across a network of global vaults, secured and insured by our partner company, ABX.

All silver bullion held by Kinesis undergoes independent, third-party audits, four times a year.

With more than 10 years of 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 silver-backed digital currencies. The quantity of silver held in our vaults is checked against the record of all KAG in circulation, stored on our blockchain.

Regular independent audits verify that each and every KAG within the Kinesis monetary system is based on an exact 1:1 allocated quantity of silver bullion. Additionally, independent auditors perform a series of assessments to ensure the weight and fineness of the bullion are as stated, and the quality of the storage is satisfactory.

The results of all of our audits are publicly available – here.

Kinesis and ABX understand the absolute necessity of physical redemption. As a matter of imperative assurance, Kinesis offers physical redemption on all precious metals behind your precious metals-based digital currencies.

Kinesis currency holders are fully entitled to redeem the underlying bullion of Kinesis silver (KAG), 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 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 account.

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 silver bullion holdings.

Kinesis guarantees the highest-grade security of your precious metals, through world-renowned vaulting partners; Loomis Zurich, OZL Liechtenstein and Brinks.

For a detailed breakdown of Kinesis silver holdings, see our Trust and Security page – here.

Visit our Trustpilot page to see what our users think of Kinesis – here.