As of Mai 5th, Bitcoin becomes the latest currency tradeable on the Kinesis exchange.
As the world’s most prominent and popular cryptocurrency, Bitcoin is a vital and exciting addition to the Kinesis trading experience. This is a momentous step forward that positions Kinesis to compete with more established exchanges, while at the same time opening up the many unique benefits of the Kinesis monetary system to a substantial, new audience within the crypto world.
The Kinesis exchange makes it simple, convenient and low-cost for Kinesis users to trade between Bitcoin and all others digital, crypto and fiat currencies available, including Kinesis gold and silver-backed digital currencies, KAU and KAG. Kinesis users can also now trade between Bitcoin (BTC), KAU, KAG, Ethereum (ETH), US Dollar ($) and Euro (€).
With over $6 billion worth of Bitcoin traded every single day, the well-known, volatile cryptocurrency was the next natural inclusion for our ever-widening range of trading pairs. The estimated 7.1 million active Bitcoin users globally, now have the ideal opportunity to diversify or stabilise their cryptocurrency portfolio, with the stable value of physical gold and silver, through Kinesis digital gold and silver-backed currencies, KAU and KAG.
Through Kinesis digital currencies, Bitcoin holders can directly trade their Bitcoin for physical gold and silver bullion, as effortlessly as they might trade between Bitcoin and any other currency.
Remember, the physical gold and silver underpinning all of the Kinesis gold and silver-backed digital currencies are stored in the Kinesis vaulting system without charge, fully audited and redeemable.
More trading pairs coming soon
Tether (USDT), a cryptocurrency anchored to the price of the US dollar, is set to join the selection of tradeable currencies Kinesis offers within the coming weeks. Subsequently, Ripple (XRP) – a digital asset designed specifically for payments; and Bitcoin Cash (BCH) – an altcoin offshoot of Bitcoin created for faster, cheaper transactions, will be set to advance the range of trading pairs on the Kinesis Exchange.
Kinesis is committed to the continued expansion of available trading pairs, with a view to providing Kinesis users with a diverse range of entry and exit points to the Kinesis monetary system, while delivering the accessibility, variety and value essential to establish Kinesis as a primary trading hub.
What does the future hold for Kinesis?
Over the course of the next several months to come, Kinesis has some exciting developments in the pipeline for the Kinesis Community, like Kinesis new, intuitive dashboard functionality is set to bring seamless usability to the entire Kinesis platform, followed by the highly anticipated implementation of the Kinesis Yield system, rewarding Kinesis users with a monthly payment of KAU or KAG for their everyday engagement within the Kinesis system.