What is the Kinesis Wallet?
The Kinesis Wallet interface provides an extra layer of security for storing Kinesis gold and silver-backed currencies, KAU and KAG, leveraging the capabilities of distributed ledger technology through the Kinesis Blockchain Network. Users can easily send and receive KAU and KAG from their eWallet to other addresses, although transactions are limited to these specific currencies.
Designed for users who plan to hold significant amounts of Kinesis gold and silver for extended periods, the Kinesis Wallet offers a secure and efficient solution for managing your assets.
How to set up your Kinesis Wallet
STEP 1: Creating an eWallet
The first step in this process is setting up a wallet to hold these digital currencies, known as an eWallet.
1. Log in to your Kinesis account.
2. Once logged in, open the drop-down menu located in the right top corner of the main dashboard and select the 'Wallet' tab.
3. Click the 'Activate Now' button to initiate the creation of your Kinesis Wallet.
STEP 2.
Select the 'Create A New Wallet' option.
You will then be presented with your 12-word recovery phrase which you will need to record securely as this is required later on.
Read the terms of use and check the tick boxes to confirm you are happy to proceed.
Click 'I have Saved My Recovery Phrase' once you are happy to proceed with the wallet creation.
To verify your recovery phrase, enter the missing words from the phrase you recorded previously.
When you are happy to proceed click 'Verify'.
You will be asked to tick the checkboxes on the screen to confirm you understand the importance of keeping your recovery phrase securely stored.
Click 'Continue' when you are happy to proceed.
Your new Kinesis Wallet is now ready for you to use and securely store your Kinesis gold and silver currencies, KAU and KAG.