Kinesis Gold Price
KAUThis cryptocurrency is not listed for trading or services on Gate.
Kinesis Gold(KAU) Price Live Chart
Kinesis Gold(KAU) Price Today
Kinesis Gold(KAU) price today is $107.06, with a 24-hour trading volume of $86.12M and as such Kinesis Gold(KAU) has a market cap of $153.62M, giving it a market dominance of 0.0042%. The Kinesis Gold(KAU) price moved +1.02% in the last 24 hours.
KAU Price Data
- 24H Volume$86.12M
- All-Time High(ATH)$112.43
- 24H High$107.2
- All-Time Low(ATL)$44.06
- 24H Low$102.41
KAU Market Cap Infos
- Market Cap$153.62M
- Fully Diluted Valuation$153.62M
- Market Cap/FDV100%
- Market SentimentNeutral
KAU Supply
- Circulating Supply1.43M KAU
- Total Supply1.43M KAU
- Max Supply∞
About Kinesis Gold (KAU)
Explorers
explorer.kinesis.money
Website
kinesis.money
Community
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 withdrawa