About Kinesis Gold
What is Kinesis gold (KAU)? 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 KAU 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. Can I redeem my gold? 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.
Trading Insights
Market Stats
Market Cap
£258.63M
5.86%
FDV
Not enough data
Circ. Supply
2.4M KAU
Max Supply
Not enough data
Total Supply
2.4M KAU
Diluted Valuation
£258.64M
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
£14.18K
57.62%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£117.53
Price Change (1Y)
Not enough data
36.05%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Kinesis Gold has decreased by 0.07% in the last hour and decreased by 5.86% in the past 24 hours. Kinesis Gold’s price has also fallen by 8.84% in the past week. The current price is £108.39 per KAU with a 24-hour trading volume of £14.18K. Currently, Kinesis Gold is valued at 7.78% below its all time high of £117.53. This all-time high was the highest price paid for Kinesis Gold since its launch.
The current circulating supply of Kinesis Gold is 2,386,227.834 KAU which means that Kinesis Gold has as total market cap of £258,627,522.92.
Market details
KAU vs markets
↗ 40.32%
KAU vs BTC
↗ 50.01%
KAU vs ETH
↘ 7.41%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x14DAB79fD7B7B3f748d434812Fd6a9Aac460EA52 |
Price history
Time | Price | Change |
|---|---|---|
Today | £108.39 | |
1 Day | £114.87 | |
1 Week | £119.47 | |
1 Month | £117.29 | |
1 Year | £81.19 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Kinesis Gold calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.


