Kinesis silver (KAG) is a silver-backed digital currency launched by Kinesis, a global trading and digital asset utility platform. Each Kinesis silver (KAG) token is backed by one ounce of investment-grade silver bullion, securely stored in Kinesis’ fully insured, audited vaults.

The mission behind KAG is to reintroduce physical silver as money and provide the global community with a stable store of value. By combining the key features of digital assets, Kinesis silver offers physical, fully-allocated, non-fiat-based assets that operate outside of traditional financial infrastructure. All silver backing KAG is recorded on a transparent and immutable blockchain ledger and stored in secure, audited vaults - with the purchaser as the legal title owner of the metal.

KAG enables physical silver bullion to be instantly purchased, traded, spent and sent anywhere in the world, bringing real-world access, value, and utility to physical precious metals. Kinesis silver also serves as a true stablecoin, enabling traders to exit more volatile markets into the time-proven value of precious metals.

In an economic first, KAG holders earned the first debt-free yield on precious metals. All KAG holders receive a passive yield - paid monthly in KAG - simply for holding their metals on the Kinesis platform. The yield is calculated from a 15% share of Kinesis’ global transaction fee revenue which is shared with users who store their silver on the platform.

Unlike other silver tokens, KAG can be instantly spent, globally, with the Kinesis Virtual Card. Accessible via mobile device, the virtual card lets people everywhere instantly convert their KAG holdings into the local currency at the point of sale, anywhere Mastercard is accepted. Through digitalising physical silver in the form of KAG, Kinesis is reintroducing silver as a currency.

Kinesis silver (KAG) was launched by Kinesis. Founded in 2018, the Kinesis platform facilitates the exchange, management and monetary application of native physical gold and silver-based digital assets and cryptocurrency. Kinesis’ strategic partner Allocated Bullion Exchange (ABX), a global institutional allocated precious metals exchange, facilitates the vaulting of all underlying physical gold and silver. With over 10 years in the industry, ABX brings its extensive vaulting network and precious metals trading experience to facilitate the trade and management of physical precious metals on a global scale.

Every single ounce of silver underpinning KAG is available for redemption on the Kinesis platform. While other silver-backed digital currencies offer redemption, they often set very high minimum withdrawal limits, making redemption difficult for everyday investors. KAG holders, however, can redeem as little as 200 ounces of the underlying silver bullion their KAG is based on, with redemption costs among the lowest in the industry.

The number of coins constantly fluctuates as new investors can mint new KAG and introduce more KAG into the system. You can find the live figure of KAG and KAG in circulation on the Kinesis explorer.

KAG (silver) can be purchased on the Kinesis platform and external crypto exchanges. It’s important to remember that only KAG held or traded on the Kinesis platform is instantly spendable and eligible for a monthly yield.

The all-time high of KAG was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Kinesis Silver (KAG) is 0. The current price of KAG is down 0% from its all-time high.

As of , there is currently 0 KAG in circulation. KAG has a maximum supply of 0.

The current market cap of KAG is 0. It is calculated by multiplying the current supply of KAG by its real-time market price of 32.53.

The all-time low of KAG was 0 , from which the coin is now up 0%. The all-time low price of Kinesis Silver (KAG) is 0. The current price of KAG is up 0% from its all-time low.

Kinesis Silver (KAG) has a market capitalization of $0 and is ranked #18124 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Kinesis Silver (KAG) price trends and patterns to find the best time to purchase KAG.