Kinesis Silver KAG AER in the UK: Lending, Staking & Borrowing Rates

Platform	Coin	Price
Bitmart	Kinesis Silver (KAG)	81.52

Platform

Coin

Price

81.52

Price of Kinesis Silver (KAG) in the UK Today

As of the latest data, Kinesis Silver (KAG) is currently priced at £63.78 with a market capitalization of £237,386,852.41. The 24-hour trading volume stands at £975,784.00, The circulating supply of Kinesis Silver is approximately 3721963.8196. The cryptocurrency has seen a 5.14% increase in value over the past 24 hours.

Platform	Coin	Price
Bitmart	Kinesis Silver (KAG)	81.52

Platform

Coin

Price

Bitmart

Kinesis Silver (KAG)

81.52

Price of Kinesis Silver (KAG) in the UK Today

Frequently Asked Questions About Kinesis Silver (KAG) in the UK

What is Kinesis Silver (KAG) and how does it work?

Kinesis Silver (KAG) is a digital asset backed by physical silver held in reserve by the Kinesis platform. Each KAG token represents a fractional claim on silver and can be exchanged for physical silver or traded on supported exchanges. The system aims to provide exposure to silver price movements with the benefits of digital liquidity, enabling faster transfers and easier portfolio diversification. Investors should understand that while the token is backed by silver, liquidity and redemption options depend on Kinesis’ custody arrangements and the platform’s redemption policy.

How can I buy or trade Kinesis Silver (KAG)?

KAG can be obtained on partnered cryptocurrency exchanges that list the token. You’ll typically need to create an account on a supported exchange, complete KYC, and deposit fiat or crypto to purchase KAG. After acquiring KAG, you can hold it in a compatible crypto wallet or transfer it to a trading wallet to diversify or swap for other assets. Always verify the latest trading pairs, liquidity, and withdrawal options on the exchange’s platform, and be mindful of trading fees and potential slippage during high-volatility periods.

What are the key metrics to watch for KAG (Kinesis Silver)?

Key metrics include price (current price around 94.91), 24-hour price change (~0.48% increase today), circulating supply (about 3,721,964 KAG), and market cap (roughly $353.24 million). Track the token’s price against silver spot prices, as KAG is designed to reflect silver value. Additionally, monitor liquidity on exchanges, redemption options for converting KAG back to physical silver, custody updates from Kinesis, and any protocol fees or staking incentives attached to the token.

What is the custody and redemption model for Kinesis Silver?

Kinesis Silver is backed by physical silver held in reserve by the platform’s custodians. Redeeming KAG for physical silver typically involves a process with verification, transfer of silver to the redeemer, and applicable fees. It’s crucial to review Kinesis’ official custody partner information, redemption timelines, minimum redemption amounts, and any regional constraints. Understanding these details helps ensure you know how to convert digital tokens back into tangible silver if needed.

Are there any risks associated with holding Kinesis Silver (KAG)?

Yes, as with any commodity-backed digital asset, there are risks to consider. These include counterparty risk related to the custodians holding the physical silver, regulatory risk affecting tokenized commodities, liquidity risk on exchanges (which can impact the ease of buying or selling), and price tracking risk if the token deviates from the underlying silver price due to fees or redemption limits. Additionally, market liquidity and volatility can affect entry and exit prices. Conduct thorough due diligence, review custody arrangements, and diversify your holdings to manage risk effectively.

Frequently Asked Questions About Kinesis Silver (KAG) in the UK