In this video, Mike walks you through withdrawing gold, silver, stablecoins, digital assets and fiat (cash) from the Kinesis platform - and how to make sure your details are set up correctly, so your funds are successfully transferred to your bank account or another platform.
Kinesis gold and silver holders are fully entitled to redeem the underlying bullion backing their KAU and KAG, subject to minimum withdrawal requirements. Find out how here.
Withdrawing cash from Kinesis account
Step 1: Open the drop-down menu in the top-right corner of your dashboard, next to your profile icon, and click Withdraw.
Step 2: Select the currency you wish to withdraw (e.g. GBP) from the top navigation bar, then click Next.
Step 3: The Withdrawal pop-up window will display your options. Specify the currency and the amount you want to withdraw. You can also include an optional reference message if needed.
Note: The Kinesis Mint operates only in USD. For any other currency, you must select a bank account as the withdrawal address.
Step 4: Once you’ve filled in all the fields, simply click Next to proceed. You’ll see a summary of your transaction.
You will be prompted with a description of the transaction, if you are happy with all details, press the Confirm button to process it.
Withdrawing digital assets from the Kinesis platform
Step 1: Go to Assets in the left-hand navigation panel, then open the crypto account you wish to withdraw funds from (ETH in this example).
Step 2: Click Send to open a pop-up window with fields for you to complete. Enter the amount of ETH you wish to send ( you will see the estimated USD value), and insert the ETH deposit address of the recipient.
Additionally, you can add a reference description.
Step 3: Once you're satisfied with the withdrawal details you've entered, click the Next button to submit your request. A transaction confirmation screen will appear for you to review and ensure all the information is correct.
Click Confirm to finalise the transaction. It will be reflected in your Recent Transactions tab.
Withdrawing KAU & KAG from Kinesis account
Step 1: Go to Assets in the left-hand navigation panel, then open the account you wish to withdraw funds from (KAU in this example).
Step 2: Click Send to open a pop-up window with fields for you to complete. Enter the amount of KAU you wish to send ( you will see the estimated USD value), and insert the KAU deposit address of the recipient. You can also withdraw or send funds using the email address, os send it to an external wallet.
Additionally, you have the option to add a reference description.
Step 3: Once you're satisfied with the withdrawal details you've entered, click the Next button to submit your request. A transaction confirmation screen will appear for you to review and ensure all the information is correct.
Click Confirm to finalise the transaction. It will be reflected in your Transactions tab.