Kinesis Silver PriceKAG
Rank #570
About Kinesis Silver (KAG)
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What is Kinesis silver (KAG)?
Kinesis silver (KAG) is a silver-backed cryptocurrency, launched by Kinesis - a global trading and digital asset utility platform. Each Kinesis silver (KAG) token is backed by 1 ounce of investment-grade silver bullion, securely stored in Kinesis’ fully insured, audited vaults.
The mission behind KAG is to reintroduce physical silver backing to money and provide the global community with a stable store of value. Kinesis silver (KAG) has the everyday utility of a fiat currency; the borderless efficiency of a cryptocurrency, and none of the inherent volatility.
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. A true stablecoin, KAG allows crypto traders to easily exit volatile markets and enter into the enduring value of physical silver, while earning a monthly yield.
What makes KAG unique?
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 with the Kinesis Virtual Card, worldwide. Accessible via mobile device, the virtual card lets people everywhere instantly convert their KAG holdings into local currency at the point of sale, anywhere Mastercard is accepted. Through digitalising physical gold in the form of KAG, Kinesis has successfully reintroduced silver as a currency.
Can I redeem my silver?
Every single ounce of silver underpinning KAG is available for redemption, at the click of a button. While other silver-backed cryptos offer redemption, they often set very high minimum withdrawal limits, making redemption unfeasible for everyday in
Kinesis Silver (KAG) Price Trends
24H High$32.53
24H Low$31.69
24H Volume$848.55K
Market Cap
$121.33MAll-Time High(ATH)$35.85
Circulating Supply
3.78M KAGAll-Time Low(ATL)$4.36
Total Supply
3.78M KAGMarket Cap/FDV
100%Max Supply
∞Fully Diluted Valuation
$121.33MMarket SentimentNeutral
Live Kinesis Silver (KAG) Price Update
Kinesis Silver price today is $32.05 with a 24-hour trading volume of $848.55K, and as such Kinesis Silver has a market cap of $121.33M, giving it a market dominance of 0.0026%. The Kinesis Silver price moved +0.07% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | -$0.0025 | -0.0078% |
24H | +$0.02241 | +0.07% |
7D | +$0.9274 | +2.98% |
30D | +$0.8941 | +2.87% |
1Y | +$8.83 | +38.04% |
KAG to USD | $32.18 USD |
KAG to EUR | €28.83 EUR |
KAG to INR | ₹2688.39 INR |
KAG to IDR | Rp488162.09 IDR |
KAG to CAD | $43.65 CAD |
KAG to GBP | £24.17 GBP |
KAG to THB | ฿1061.39 THB |
KAG to RUB | ₽2973.71 RUB |
KAG to BRL | R$175.04 BRL |
KAG to AED | د.إ118.18 AED |
KAG to TRY | ₺1098.38 TRY |
KAG to CNY | ¥226.97 CNY |
KAG to JPY | ¥4633.97 JPY |
KAG to HKD | $250.73 HKD |