Learn about Kinka
About
Kinka (XNK) is a gold-backed token. Each XNK is collateralised and redeemable for physical gold held in custody at our certified vault. Manage your digital entitlements on blockchain over the physical gold, convert and pick up gold bullion.
XNK is the easiest way to invest in gold.
FAQs
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What is Kinka?
Our aim is to create a new gold-backed cryptocurrency called Kinka, which is designed to unlock the world's oldest asset to a new generation of investors.
Kinka is a ERC-20 compliant token backed by one troy fine ounce equivalent of gold bullion held in Loomis International Ltd's vaults.
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How much is the fee?
Kinka does not charge any custody or management fees. There are also no transaction fees when purchasing Kinka. Kinka is designed to minimize costs to investors so that as many investors as possible can experience the benefits of owning gold.
Investors are only charged a fee for converting Kinka to physical gold and are responsible for Ethereum gas fees incurred.
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Is Kinka backed by physical Gold?
Yes. Kinka is backed by the highest quality gold bullion of 99.99% or higher, making it the most quality oriented gold bullion.