Multi-Send lets you pay multiple recipients in one go. Build a list of payees, set an individual amount for each, and send Kinesis gold and silver to all of them at once - with recipients receiving their funds instantly.
While only KAU and KAG can be sent, amounts can be specified in any fiat currency available on the platform.
Example: if you want a payee to receive £100 each month, you set the amount in GBP and Kinesis calculates how much KAU is needed at the time the payment is made.
Alternatively, you can specify a fixed KAU or KAG amount, which stays the same regardless of market movements.
Payments can be added, edited, or deleted at any time.
Funds can be sent to either an email address or a Kinesis wallet address.
Multi-Send is available on the Kinesis desktop platform only, and is not supported in the mobile app.
Multi-Send Functionalities
The multiple-payments feature allows you to:
- Add multiple payments via the ADD PAYMENTS button.
- Send batch payments to all or selected payees.
- Pre-specify the amount of sent KAU or KAG in any fiat value.
- View and review the transaction details.
- Send funds via send-to-email.
- Add/Edit/Delete payment details instantly and seamlessly.
Supported currencies
Only Kinesis gold (KAU) and silver (KAG) can be sent through Multi-Send.
Are Individual and Business accounts supported?
Yes. Multi-Send is available to all users. You can send KAU and KAG to multiple recipients from your Individual account, or from any Business, Trust Fund, or Retirement Fund account.
Are there any extra fees?
No. Multi-Send carries no additional charge. The standard blockchain fee (0.45%) is applicable for KAU and KAG.
Where do I find Multi-Send?
The multi-send option can be found in the Payments tab on the left-side navigation bar of your Kinesis Home dashboard. From there, you can set up and manage KAU and KAG transfers with the Add payments function, or view and manage your payment history using the Transactions tab.
Multi-Send is available on the Kinesis desktop platform only, and is not supported in the mobile app.
Can I send to non-Kinesis users by email?
Yes. The send-to-email feature lets you send funds to recipients outside the platform using just their email address.
Sending funds via email automatically qualifies the sender for the Referrer’s Yield, as long as the recipient accepts the funds by clicking the ‘Sign-Up’ button in the email and creating a Kinesis account.
Additionally, it automatically enrols both the sender and the recipient into the Silver Referral Rewards, rewarding users with free silver upon meeting the program's conditions.
Can I convert KAU/KAG to fiat or crypto?
No. Multi-Send supports KAU-to-KAU and KAG-to-KAG transfers only, so gold and silver can't be converted to another currency.
You can, however, specify amounts in any fiat currency available on the platform (USD, GBP, EUR, AUD, CAD, SGD, CHF). For example, you can set a payment at $100 and Kinesis calculates and settles the equivalent value in gold or silver on your behalf - useful for sending fixed amounts to several payees at once.
Is there a maximum number of recipients?
You can add up to 50 recipients to your Payments tab, and send them funds at once in a single transaction.
Can I earn silver rewards or yields?
Yes. The Multi-Send feature lets you get rewarded with Kinesis gold (KAU) and silver (KAG) through the Kinesis Yield System as well as participate in Referral Silver Rewards program, in three ways:
- Receiving KAU or KAG via Multi-Send feature makes you automatically eligible for Holder’s Yield - rewarding you for holding gold and silver in your Kinesis accounts.
- Sending KAU and KAG to prospective new users via Multi-Send feature makes you eligible for Referrer’s Yield - rewarding you for bringing new system participants to Kinesis.
- Referral Silver Rewards program earns you 1 ounce of silver, shared between you and each newly referred user, as long as the program’s specific conditions are met.