Kinesis Gold

KAU Price

What is Kinesis Gold?

Kinesis gold (KAU) is a gold-backed cryptocurrency, launched by Kinesis - a global trading and digital asset utility platform. Each Kinesis gold (KAU) token is backed by 1 gram of investment-grade gold bullion, securely stored in Kinesis’ fully insured, audited vaults. The mission behind KAU is to reintroduce physical gold backing to money and provide the global community with a stable store of value. Kinesis gold (KAU) has the everyday utility of a fiat currency; the borderless efficiency of a cryptocurrency, and none of the inherent volatility. KAU enables physical gold bullion to be instantly purchased, traded, spent and sent anywhere in the world, bringing real-world access, value, and utility to physical precious metals. A true stablecoin, KAU allows crypto traders to easily exit volatile markets and enter into the enduring value of physical gold, while earning a monthly yield.

What makes Kinesis Gold unique?

In an economic first, KAU holders earned the first debt-free yield on precious metals. All KAU holders receive a passive yield - paid monthly in KAU - 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 gold on the platform. At the time of writing, Kinesis has paid out over $3,000,000 to KAU holders. Unlike other gold tokens, KAU can be instantly spent with the Kinesis Virtual Card, worldwide. Accessible via mobile device, the virtual card lets people everywhere instantly convert their KAU holdings into local currency at the point of sale, anywhere Mastercard is accepted. Through digitalising physical gold in the form of KAU, Kinesis has successfully reintroduced gold as a currency.

What can Kinesis Gold be used for?

Every single gram of gold underpinning KAU is available for redemption, at the click of a button. While other gold-backed cryptos offer redemption, they often set very high minimum withdrawal limits.

Where can you buy Kinesis Gold?

KAU tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Kinesis Gold is Kinesis Money, where the most active trading pair KAU/USD has a trading volume of $65,559.25 in the last 24 hours. Other popular options include Emirex and BitMart.

What is the daily trading volume of Kinesis Gold (KAU)?

The trading volume of Kinesis Gold (KAU) is $92,777.35 in the last 24 hours, representing a -38.70% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for Kinesis Gold (KAU)?

The highest price paid for Kinesis Gold (KAU) is BTC0.003291, which was recorded on Apr 16, 2023 (almost 2 years). Comparatively, the current price is -10.50% lower than the all-time high price.

What is the all-time low for Kinesis Gold (KAU)?

The lowest price paid for Kinesis Gold (KAU) is BTC0.0007844, which was recorded on Apr 21, 2023 (almost 2 years). Comparatively, the current price is 103.20% higher than the all-time low price.

What is the market cap of Kinesis Gold (KAU)?

Market capitalization of Kinesis Gold (KAU) is BTC1,236.5801 and is ranked #464 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of KAU tokens (1.4 Million tokens are tradable on the market today).

What is the fully diluted valuation of Kinesis Gold (KAU)?

The fully diluted valuation (FDV) of Kinesis Gold (KAU) is BTC1,236.5801. This is a statistical representation of the maximum market cap, assuming total number of 1.4 Million ETH tokens are in circulation today.

How does the price performance of Kinesis Gold compare against its peers?

With a price increase of 2.50% in the last 7 days, Kinesis Gold (KAU) is outperforming the global cryptocurrency market which is down -1.20%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 3.50%.