Unlike traditional bullion vaulting, Kinesis doesn’t charge storage fees on the gold you store in our world-class vaults.
We use a share of transaction fee revenue to cover the costs of your gold vaulting.
We have a different business model from traditional gold providers that make money on storage fees and mark up the price of gold.
We are unique in the space as we generate revenue through gold transactions, with a small fee taken each time our users spend, trade (0.22%), or send (0.45%) gold. This means we don’t need to rely on storage fees or unfair mark-ups to make money, and we can cover your storage costs with our fee revenue.
Another reason we can offer 0% storage fees is that we use the vaulting network of our strategic partner, Allocated Bullion Exchange (ABX). Founded in 2011, ABX is a leading precious metals exchange with over a decade of experience safeguarding and trading gold for institutions. ABX brings its extensive global vaulting network and precious metals trading experience to the operation of Kinesis and the secure, transparent vaulting of your gold.
Learn more about how your gold is kept safe here.