Kinesis Money Review

Imagine finding a new way to mix old treasures like gold and silver with the latest tech magic of blockchain.

That’s the exciting world of Kinesis Money, and I stumbled upon it while exploring how technology can improve classic investments.

Kinesis Money is a great discovery because it takes valuable metals and gives them a modern twist, making them part of today’s digital money adventure.

This mix is perfect for anyone who feels the ups and downs of digital currencies are a bit much but still want in on the action. In this Kinesis Money review,I can’t wait to explain the ins and outs of Kinesis Money.

Together, we’ll see how it stands out in the crowded world of crypto, offering a fresh and more reliable way to invest in digital assets.

What is Kinesis Money?

Kinesis Money is a fresh take on currency that I find fascinating. It’s an innovative system built on the stability of gold and silver with a modern twist. The idea is to fix the problems we see with regular money—inflation and losing value over time.

As I understand it, Kinesis’s goal is a fair and honest money system. It’s not just about making profits—instead, it wants to create a currency that holds its value and benefits everyone who uses it.

In 2018, Thomas Coughlin, the founder of Kinesis, set out to improve our money. They digitalized gold and silver, turning these precious metals into a form that’s easy to use daily, just like the money in our wallets.

I think it’s pretty great that you can even earn some extra money by holding onto Kinesis currencies or using them for payments.

The technology behind Kinesis is based on Stellar’s blockchain, which is like a secure online ledger that no one can mess with.

This means every piece of Kinesis gold and silver is tracked and kept safe. I believe this level of security gives people confidence in what Kinesis offers.

What’s exciting is how Kinesis is breaking down barriers. They’re making it possible for people to use gold and silver money anywhere. Partnerships like the one in Indonesia are paving the way for us to use this kind of money in our daily lives.

Kinesis isn’t doing all this alone. They’ve teamed up with ABX, the pros in gold and silver, who have been around for a while and know how to handle these valuable metals safely.

This partnership is like a powerhouse for securing and checking the quality of the metals backing Kinesis currency. I’m impressed by their seriousness about ensuring their system is safe and trustworthy.

Team Behind the Company

This section introduces key members of their leadership team, whose insights and leadership are indispensable in guiding the company toward its goals.

Thomas Coughlin: CEO

Thomas Coughlin has worked for about seventeen years in areas such as investing, managing money, and trading gold. He started a company called TRAC Financial and created a successful investment fund.

A big part of his work has involved helping set up a system for trading gold internationally, working with important people like central bankers and government representatives.

He knows a lot about how to make money grow and uses his knowledge to help steer the company in the right direction.

Michael Coughlin: CFO

With 41 years of experience as a CPA, Michael Coughlin brings a lot of wisdom to their company. He started his own accountancy and financial services firm in Brisbane in 1984.

Before that, he learned a lot working at the Australian Taxation Office for six years, handling tax assessments and audits and providing tax advice.

Since 1979, he’s been applying that knowledge in his practice. As their CFO, he ensures the company’s finances are strong and well-managed.

David Charles: General Counsel

David Charles has worked as a lawyer for many big and famous companies worldwide. He knows a lot about different areas of law, such as company deals, buying and selling businesses, the stock market, protecting creative ideas, and environmental laws.

He studied law at the University of Queensland and is qualified to work as a lawyer in many places around the world. His job is to ensure that their company follows the law and to give advice on any legal matters they face.

Executive Team

At Kinesis Money, the Executive Team is the top team making the big decisions. They are:

• Thomas Coughlin, the CEO, is in charge of setting the company’s goals and ensuring Kinesis does well.
• Michael Coughlin, the CFO, handles all financial matters and ensures the company’s financial health.
• David Charles, the General Counsel, keeps the company safe by handling legal matters and ensuring the rules are followed.

Leadership Team

The Leadership Team comprises the people who run different parts of the company. They make sure that the company’s plans work well daily.

This team includes:

• Shane Morand, Strategic Consultant, advises on special projects.
• Boris Shekerov, Head of Development, is in charge of building software and new products.
• Som Ranga, Head of Delivery, makes sure that projects work out well.

They also have leaders for different areas like Martín Aguilar, Head of Latin America, and Christiaan Roesch, Head of South Africa, who help Kinesis grow worldwide.

Advisory Board

The Advisory Board is a group of wise folks who give good advice to help the Executives and Leaders at Kinesis. They don’t run the day-to-day stuff but have a big say in long-term plans.

They include:

• Tariq Al Habtoor, Pádraig Seif, Chimezeie Chuta, and Ali Hussein Kassim.

These advisors ensure Kinesis makes smart choices and stays on the right track.

How Does Kinesis Money Work?

Kinesis Money is a cool mix of old and new to me. It’s like bringing together the best of both worlds — the solid value of precious metals and today’s smart tech. But if you’re more into holding gold and silver in your hands, other companies let you do just that.

Here’s how Kinesis Money switches things up: it uses technology to turn gold and silver into digital money. You get these digital coins, KAU for gold and KAG for silver, and each one is like having a bit of real metal kept safe in a vault somewhere.

On the Kinesis Money platform, you can easily buy, sell, or trade these digital coins. And there’s this bonus part I think is neat—they give you rewards based on how much you use their system. It’s like getting a thank you for being part of their world.

So, even though I understand why someone might want to stick with the tangible feel of gold and silver, Kinesis Money allows me to be part of the future of money, mixing the trusty value of metal with the amazing possibilities of today’s tech.

Features of Kinesis Money

Let’s examine three key parts of Kinesis Money—the Kinesis Platform, the Mobile App, and the Kinesis Virtual Card—to see how they help make using money safer and more stable for everyone around the world.

1. Kinesis Platform

The Kinesis Platform is where you can easily handle your money, gold, silver, and digital stuff all in one spot.

When you open an account with Kinesis, you get to see all your precious metals and digital things in one view, which makes keeping track of your wealth simple. Plus, you can earn extra monthly money by keeping your gold and silver with them.

Buying gold and silver is simple since you can use eight different kinds of money from around the world to buy them.

Plus, I believe their prices are really good, and you can buy them 24/7. The trading part of Kinesis lets you swap gold, silver, and digital coins anytime with helpful charts and tools. They also have strong security to keep your stuff safe and a support team ready to help you constantly.

2. Mobile App

The Kinesis Mobile App is a game-changer for anyone interested in gold, silver, and digital assets. It’s not just another app for precious metals; it’s a whole new way to manage, spend, and invest your money right from your phone.

What impresses me the most is how you can use your phone to spend gold and silver in real life and even earn more monthly just by keeping your account active. It’s like the app rewards you for smart money management, which I find exciting.

I also love the peace of mind this app provides. Knowing that my gold and silver are safe feels good. Checking in on my fiat money, gold, silver, and digital currencies anytime, anywhere is super convenient.

The app makes buying more precious metals or digital currencies easy in just a few seconds, which is perfect for grabbing opportunities as they come.

Another great thing is the Kinesis Virtual Card, which lets me spend my gold and silver anywhere, instantly turning them into regular money when I make a purchase. And getting rewarded every time I spend? Yes, please!

Making payments with the app is also super simple. I only need an email address to send gold, silver, or digital money, making everything fast and hassle-free.

Lastly, the 10% discount on CoinTracking through the app is a nice bonus, helping me easily track my investments. Plus, if I ever get stuck, there’s a Help Centre and FAQ section to guide me.

Honestly, the Kinesis app feels like it’s not just managing my money—it’s upgrading my whole financial lifestyle.

3. Kinesis Virtual Card

I’m excited to tell you about the Kinesis Virtual Card that’s on the way! It will change how we use money because you can spend your gold, silver, and cryptocurrencies like cash, instantly turning them into regular money when you buy things.

It’s amazing that you can do this anywhere in the world that accepts Mastercard. Imagine being able to spend up to €15,000 every day—that’s really high!

The best part, I believe, is how the card gives back to you. Every time you use it, you earn a bit of gold and silver, which I think is great.

Kinesis even shares 10% of what they earn with us who use the card. They’re also fair about fees, giving part of them back to us monthly.

It’s great that you can choose how to spend your money. Whether it’s different cryptos or precious metals, you can set the order. It supports more than 10 currencies, too! And it’s handy since it works with Google Pay and Apple Pay.

Lastly, this card is tailored for anyone, everywhere. It’s coming to the UK, Europe, Canada, Australia, Oceania, and Latin America, and it’s in over 60 countries. Plus, there are no sign-up or monthly fees, which makes it super user-friendly.

Types of Kinesis Currencies

Let’s explore Kinesis’s offerings in digital money. They have an amazing setup in which the cash you use is actually backed by real precious metals.

This means that instead of just digital numbers in an account, you have actual gold or silver stored somewhere that’s yours.

They have three types of money: Kinesis Gold (KAU), Kinesis Silver (KAG), and Kinesis Velocity Token (KVT).

Kinesis Gold (KAU)

I think Kinesis Gold, or KAU, is pretty neat. Imagine every time you spend or trade, you’re using gold! Each KAU equals one gram of gold kept safe in a vault.

This feels like a smart way to keep your money because it’s linked to something real, not just paper or digital numbers.

Here’s why KAU is amazing:

• Amount Out There: Right now, there’s about $111.59 million in KAU, which is a lot of gold.
• Perks: With a special card, you can use KAU like regular money and even earn gold back. Plus, it’s monitored by experts in gold storage.
• Trust: Your gold is always yours, sitting in a safe place and checked by auditors regularly. You can even get some of it out as physical gold if you ever want.

Kinesis Silver (KAG)

This is just like the gold, but with silver. Each KAG means you own an ounce of silver safely kept away. It’s a great way to have money in something solid and shiny, plus you can do all the things you’d normally do with money, like buying and trading.

• Amount Out There: For silver lovers, there’s $3.41 million in KAG, which is a lot of silver.
• Similar Perks to Gold: Like gold, owning KAG means you have real silver tucked away that’s checked often to ensure its safety and soundness.

Kinesis Velocity Token (KVT)

The Kinesis Velocity Token, or KVT, is an interesting digital coin. It lives on the Ethereum network, meaning it’s safe and can work with many different online wallets.

What’s amazing about KVT is that if you have some, you get a slice of the fees whenever anyone does something with Kinesis, like trading or spending. They give you 20% of these fees back and pay you in real gold and silver every month.

Also, there are only 300,000 KVTs that will ever be made. So, I think owning a KVT could be a great idea because as more people use Kinesis, the rewards from those 20% fees could grow.

What Products Does Kinesis Money Offer?

In this part, I’ll discuss Kinesis Money’s products. Think of Kinesis Money as a modern-day treasure chest.

Let’s examine the details of their gold and silver offerings!

Gold

Their gold collection is something I find exciting because it has so many cool options for both gold and silver fans.

For silver lovers, there are these neat 2022 and 2024 Kinesis rounds, including the Ma’at, Lunar Dragon, and Phoenix designs, all at $32.21 each.

What’s more, if you’re into silver bars, they have different sizes, like 1oz, 5oz, and 10oz, with prices from $32.71 to $327.10, which I think is great for different budgets.

This collection shines when it comes to gold, too. It offers everything from tiny 1g gold bars for around $99.92 to a huge 1-kilo gold bar for $80,563.01. That’s a lot, but imagine having that!

Also, this beautiful 1oz Kinesis Ma’at Gold Round from 2022 costs $2,555.79. I love how each gold and silver piece feels special, whether it’s for investing or just to have something beautiful.

They even have gold bars in sizes like 1/2oz and 1oz and prices up to $2,535.79. Every item feels carefully chosen, and I think anyone looking to add to their collection would like something from here.

Silver

They have got everything from cool rounds to solid bars. I’m particularly into the 20x 1oz Kinesis Ma’at Silver Rounds from 2022 and the same amount for the Silver Lunar Dragon and Phoenix Rounds for 2024.

Each of these is priced reasonably at $32.23. Then, there are the 1oz and 5oz Kinesis Themis Silver Bars for 2023 and 2022. I find their design pretty neat—and they’re only $32.73 and $163.65, respectively.

For those looking for something heftier, the 10oz Kinesis Themis Silver Bar, which will be available in 2023 for $327.30, might be perfect.

Silverback Precious Metals also offers super cool 1oz and 5oz bars for $32.73 and $163.65, which I think are great deals.

Plus, there’s this huge 100oz Kinesis Silver Cast Bar from 2022, priced at $3,042.00, and a 100g Kinesis Themis Silver Bar, priced at $105.84, which sound like must-haves for serious collectors.

Why Choose Kinesis Money to Buy Gold and Silver?

Kinesis Money is a smart choice for buying gold and silver because it makes the process straightforward and safe.

Firstly, they offer really good prices, so you know you’re getting a great deal on your gold and silver. I particularly like that they promise the stuff you’re buying is top-notch, meaning it’s made well and looks good.

They also have special edition pieces if you want something unique. They take care to get their materials the right way, which is important to me. All their gold and silver are brand new, straight from their mint.

There’s a bonus for those in the USA: if we spend more than $199, shipping is free, and they ensure it’s delivered safely to our door within a week, with insurance. They’ve thought about everything to make buying gold and silver easy and stress-free.

Types of Investments You Can Make

What grabs my attention is putting my money in gold and silver and minting at Kinesis Money. Let’s explore how these options might fit into my investment goals.

Gold & Silver Investment

Kinesis lets you invest in gold and silver in a modern way. It’s a simple online system where you can buy these precious metals without worrying about where to keep them.

They don’t charge you to store your gold and silver because they use the big secure vaults of their partner, ABX, who’s been caring for such valuable items for over ten years.

• No Storage Costs: You can keep your gold and silver in special vaults worldwide, and Kinesis doesn’t ask for any storage payment.
• Good Prices: Kinesis offers really good prices for buying and selling. They have vaults in many countries, so you always get a fair deal.
• Real Gold and Silver: You can buy real bars of gold and silver with a stamp that proves they’re pure and real.
• Earn Money: You can earn extra money each month by owning gold and silver with Kinesis.
• Safe and Easy: Your gold and silver are kept safe, and you can always sell them or send them to you whenever you want.

Getting Started:

1. Open an Account: Sign up with Kinesis online to start.
2. Make Gold and Silver Yours: You can buy small amounts of gold and silver and regularly receive a small bonus.
3. Invest with Confidence: Kinesis manages more than $111 million in gold and $3 million in silver, showing that they’re trusted with people’s investments.

Kinesis is like having a gold and silver savings account that grows over time, making it a great choice for investing your money.

Minting

Minting with Kinesis is about making new digital money backed by real gold and silver. When you mint, you buy large amounts of gold or silver and turn them into digital coins called KAU (gold) and KAG (silver). This is great because it lets you earn monthly money just to make these new coins.

• Making New Coins: By using Kinesis, you can make new gold and silver digital coins. This helps grow the Kinesis world by adding more digital money backed by real metal.
• Earning Money: When you mint, Kinesis pays you a thank you in gold or silver every month. This payment continues for as long as you have your coins.

Getting Started:

1. Join Kinesis: Sign up and make an account.
2. Confirm Who You are: Quickly verify your ID to keep things safe.
3. Kinesis Mint Account: Make a special mint account to start buying metal.
4. Put in Money: Add some money to your mint account to buy gold or silver.

Why it’s Good:

• Kinesis gives you great prices for gold and silver.
• You can buy quickly when the price looks good.
• Move money easily between your Kinesis accounts.

Whether you’re new to precious metals or already know a lot about them, Kinesis makes it easy and rewarding to invest in digital gold and silver.

What is the Kinesis Exchange?

The Kinesis Exchange is a platform where you can instantly trade gold, silver, and different cryptocurrencies. It’s special because it offers low trading fees of only 0.22% and allows trading 24 hours a day from anywhere.

You can find great deals for trading gold, silver, and cryptocurrencies because they have tight price differences and connect to a large pool of precious metals from ABX, the company that started Kinesis.

The platform is user-friendly, letting you trade in over 100 markets quickly, and you can set automatic orders too.

Kinesis is safe and reliable, with over ten years of experience and strong security to protect your information. Plus, if you need help, they have a support team ready anytime.

What is the Kinesis Yield System?

The Kinesis Yield System is a special way for people to earn rewards by being part of Kinesis. This system returns 57.5% of all the fees Kinesis makes from monthly transactions.

What’s great is that these rewards are given in gold and silver. The more you use Kinesis by holding onto gold and silver, spending, trading, or inviting friends, the more you can earn.

Here are the benefits:

• Holder’s Yield: Get monthly rewards for keeping gold and silver with Kinesis.
• Velocity Yield: Make money by using KAU & KAG on the Kinesis Exchange.
• Referrer’s Yield: Earn when your friends join Kinesis and make transactions.
• Partner’s Yield: Get more rewards from the fees your network makes.
• Minter’s Yield: Make new KAU & KAG and earn forever.
• KVT Yield: Hold Kinesis Velocity Tokens and get a 20% share of all fees.

It’s a win-win; you get rewarded in actual gold and silver for being active in Kinesis and helping the community grow.

How Does the Kinesis Money’s Storage Service Work?

Kinesis Money makes it easy to own gold and silver digitally. When you buy Kinesis gold (KAU) or silver (KAG), you own real gold and silver, but it’s stored securely and digitally tracked.

This is possible through a technology called blockchain, which ensures that for every digital gold or silver you have, there is real gold or silver safely kept for you.

This service is run by Allocated Bullion Exchange (ABX), a company with extensive experience in precious metals.

They keep your gold and silver safe in many places worldwide, including cities like Dubai, London, and New York, without charging you for storage.

If you ever want to turn your digital gold or silver back into real metal, Kinesis makes it easy. They also check regularly with independent experts to ensure all the gold and silver match users’ digital amounts.

This way, you get the best of both worlds: real precious metals and the convenience of digital management.

Kinesis Money Fees

Kinesis Money offers a special way to deal with trading and keeping precious metals and digital money. Here are the main points about their charges:

• Precious Metals Storage Fees: If you have gold or silver with Kinesis, you don’t have to pay anything to keep it safe. This is a big plus for anyone using their service.
• Precious Metals Transaction Fees: It’s pretty cheap when you want to buy or sell gold and silver on Kinesis. Whether you’re buying or selling right away or setting a price you’re comfortable with, the cost is only 0.22%.
• Digital Assets Trade Execution Fees: Trading digital money on Kinesis is also low-cost. No matter how you choose to do it, the fee is still just 0.22%, which makes trading easy and affordable.
• Kinesis Assets Transfer Fees: Moving your assets around, whether in your wallet, to another Kinesis account, or an outside wallet, will cost you a 0.45% fee each time. This flat rate helps keep things simple and fair for everyone.

With its clear fee structure, Kinesis Money makes trading and storing precious metals and digital currencies easy and economical.

Customer Reviews and Ratings for Kinesis Money

I think Kinesis Money is doing pretty great with its users. When I look at Facebook, it’s clear many people like them—they’ve got a 4.5 out of 5 from 201 people talking about their experiences. Plus, 90% of those folks recommend them.

It’s not just Facebook; on TrustPilot, they’ve got a solid score of 4.1 out of 5 from 465 reviews. That tells me many customers are happy with what they get from Kinesis Money.

Kinesis Monetary System (KMS) gets both good and bad reviews. People like it for its investment platform and note excellent customer service, especially from staff like Michael Barrett and Stephen McCoy.

Users enjoy trading and storing metals with low fees and appreciate the help in understanding and using KMS. However, some are worried that KMS only seems to reply to positive comments and are suspicious of its many high ratings.

There are also complaints about the Kinesis virtual card not working for weeks without updates and issues with switching card providers, causing embarrassment and frustration for some users due to lack of communication and operational problems.

What are Customers Saying About Kinesis Money?

Customers are really happy with Kinesis Money, and they’re sharing their positive experiences.

• Glen L likes how easy it is to use Kinesis. He mentions the low fees for buying and selling digital gold and silver and the extra benefit of getting gold and silver as rewards. He finds the service efficient and appreciates the personal support from his account manager.
• Richard praises Kinesis for being a great place to invest in precious metals and cryptocurrencies. He points out the low costs, no fees for storing metals, and the safety measures like insurance and audits. The ability to use metals, almost like cash, through a special card is a huge plus for him.
• Jean Ceulemans is impressed by Kinesis’s unique offerings, like buying metals at low costs and storing them for free. He values the platform’s transparency and reliability, especially when owning the metals without any hidden risks.
• Linda Chlins thinks Kinesis is an outstanding cryptocurrency platform with low costs, no storage fees, and bonuses for using the service. She enjoys the easy-to-use platform and the control it gives her over her finances, saying that Kinesis represents the future of money management.

Pros and Cons of Kinesis Money

Let’s dive into some pros and cons. I’ll walk you through the good points and some possible issues below so you can get a clearer picture.

Pros:

• Kinesis Money links its tokens to real-world assets like gold and silver, providing a stable and secure investment.
• Tokens represent actual ownership of the metal, which can be traded or spent digitally.
• The Kinesis Debit Card enables the straightforward spending of metal-backed digital currency.
• A unique reward system offers passive income for various ecosystem activities, aiming to increase adoption and liquidity.

Cons:

• Shifting to Kinesis requires a significant mindset change from traditional fiat money, potentially limiting widespread acceptance.
• Its reliance on precious metal markets introduces volatility, possibly deterring those seeking stability.

So, Kinesis Money has its pros and cons, with some solid possibilities but also some big challenges it needs to overcome to become a hit in the digital currency world.

Frequently Asked Questions

Q1: Is Kinesis Money a legitimate company?

I think Kinesis Money is real. It mixes old-fashioned gold and silver with new digital money to make spending and saving more reliable.

Q2: What does Kinesis Money do?

I believe Kinesis Money creates digital money as good as real gold or silver. When you use it, you’re trading with bits of gold and silver, but in digital form.

Q3: Is Kinesis Money available in the USA?

Yes, I know, anyone in the USA can use Kinesis Money. It lets people in the States buy, trade, and spend digital money backed by gold and silver.

Q4: When did Kinesis Money start?

Kinesis Money kicked off in 2018, blending the timeless worth of gold and silver with the ease of digital money, aiming to shake up how we think about money.

Q5: What is the alternative to Kinesis Money?

I see Goldmoney as an alternative. Like Kinesis, Goldmoney lets people deal with money worth gold and silver for investing or everyday spending, but it’s a different company.

Conclusion

Finally, Kinesis Money offers a unique way of dealing with digital money by connecting it with real gold and silver.

This interesting idea gives a more stable and safer choice than the up-and-down nature of most digital money. It makes it appealing to those wanting to invest in something based on real, valuable assets online.

By combining trusted value from precious metals with modern technology, Kinesis Money keeps investments safe and encourages the use of digital money for everyday buying and selling.

This mix of old and new makes Kinesis Money stand out in the fast-moving world of digital finance, marking it as an important option for both experienced and new digital currency users.