The KCX is an online trading platform modelled on the ABX trading platform called Metaldesk with ABX’s consent. The image shown below is the user interface for the KCX trading platform which requires a deposit of USD into a trading account to enable the purchase of an available block of Kinesis KAU or KAG, and the resulting emission of the coins into the minter’s Kinesis eWallet.

See image of the trading interface in the Kinesis Currency Exchange where blocks of kinesis can be purchased.

On the purchase of a block of Kinesis, an automated process is triggered whereby the kinesis coins are immediately transferred into the minter’s kinesis wallet and the equivalent amount of physical bullion is purchased within the Allocated Bullion Exchange (ABX).

The minter is then free to proceed with any transactions using these recently minted Kinesis coins through use of their Kinesis wallet and the Kinesis suite of applications available.

Rosalyn Charlton

CTO, Kinesis Ltd