You can convert your physical gold or silver bullion into Kinesis KAU or KAG, through the process of digitalisation. We call this the EPD (Exchange Physical for Digital) process.
That way, you can store 1:1 allocated precious metals in our vaults, free of charge, while allowing you to spend, send and transact your gold and silver as money.
If you have eligible existing bullion holdings at an ABX-approved location (subject to conditions within the ABX Quality Assurance Framework), you can exchange that physical metal for Kinesis gold and silver-based digital currencies.
There are many benefits to bringing your precious metals into the Kinesis Monetary System, which will now enable you to earn fee-sharing yields on your physical precious metal, as well as the ability to spend and send your digital gold/silver instantaneously, anywhere in the world, all while taking advantage of ZERO storage fees.
You can find how to Exchange Physical for Digital (EPD) in our step-by-step guide, here.
For further information on EPD (Exchange Physical for Digital) including the ABX Quality Assurance Framework Standard, please click here.
If you have any queries regarding EPD, you can contact us via our live chat, available 24/7 or email support@kinesis.money.