XDC Buying and selling Is Now Obtainable on the Kinesis Change – The Every day Hodl

August 31, 2022 – London, United Kingdom

Kinesis, the world’s leading gold and silver based monetary system, has listed the XDC coin on the Kinesis Exchange.

XDC will be tradeable against eight fiat pairs, including USD, GBP and EUR, alongside Kinesis’ native gold and silver based stable coins, KAU and KAG.

Users can instantly trade their XDC against physical gold or silver on the exchange to start earning a yield on their assets through Kinesis’ array of yield products.

XDC will be spendable on the Kinesis virtual card alongside the existing pool of cryptocurrencies available. The virtual card allows users to spend with instant conversion, in real-time, using cryptocurrencies such as Bitcoin, Ethereum and XDC alongside gold or silver at over 46 million locations globally.

XDC will also be available to trade on Kinesis Pro Kinesis’ professional cryptocurrency trading platform scheduled to release later this year.

The listing of XDC marks the first phase of the much-anticipated partnership between the XDC Foundation and Kinesis that was formed in February 2022.

The second phase of Kinesis’ collaboration with the XDC Foundation will begin with the development of an interoperable cross-chain bridge to Kinesis’ Stellar-based blockchain, enabling assets to be transferred seamlessly between the two ecosystems.

Billy Sebell, executive director of XDC Foundation, said,

“Congratulations to the Kinesis team on its integration with the XDC Network. We look forward to the next phase of cross-chain interoperability with the Kinesis blockchain, which will contribute to a robust and expandable blockchain ecosystem.”

This interoperability between the XDC and Stellar networks will also improve Kinesis’ blockchain infrastructure. It will enable KAU and KAG to be traded more efficiently across the cryptocurrency ecosystem and expand the global availability of assets.

Thomas Coughlin, chief executive officer of Kinesis, said,

“We are thrilled to open up Kinesis users to the benefits of the thriving XDC Network and integrate their cutting-edge solutions with our system.

“By listing XDC on our exchange, we can broaden our array of cryptocurrencies available to trade [while] further expanding the utility of our native gold and silver backed tokens, KAU and KAG. The very concept of bridging two ecosystems of such robust infrastructure and shared principles of sustainability is what fuels our partnership at its core.”

As the partnership progresses, Kinesis will continue to leverage the XDC Network’s scalable and secure blockchain infrastructure to bring greater network expansion, asset liquidity and interoperability to Kinesis users while bringing emerging technologies to the forefront of operations.

About Kinesis

Kinesis Money is a global digital asset utility platform that facilitates the trade, management and everyday spending of physical gold and silver based digital assets and cryptocurrencies.

Through its monetary system, users can earn yields on physical, allocated gold and silver and spend, save, trade and redeem their precious metals anytime on a global, low-fee basis. For more information about Kinesis, please visit the website.

About XDC Network (XDC)

The XDC Network is an enterprise-grade, EVM-compatible layer one network equipped with interoperable smart contracts. A highly optimized, bespoke fork of Ethereum, the XDC Network reaches consensus through a delegated proof-of-stake (XDPoS) mechanism, which allows for two-second transaction time, near zero gas fees and over 2,000 transactions per second (TPS).

Secure, scalable and highly efficient, the XDC Network powers a wide range of novel blockchain use cases. For more information about the XDC Network, please visit the website.

Contact

Zubair Bukhari, marketing executive of Kinesis Money

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed in are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

WEF Launches Crypto Sustainability Coalition to Use Web3 Applied sciences in Combat In opposition to Local weather Change – Blockchain Bitcoin Information – Bitcoin Information Stellar

WEF Launches Crypto Sustainability Coalition to Use Web3 Applied sciences in Combat In opposition to Local weather Change – Blockchain Bitcoin Information – Bitcoin Information

The World Economic Forum (WEF) created the Crypto Sustainability Coalition, an initiative dedicated to...

By Roger Gofman
Stellar (XLM) Worth Prediction 2025-30: A 3-digit goal for XLM in 8 years? – AMBCrypto Information Stellar

Stellar (XLM) Worth Prediction 2025-30: A 3-digit goal for XLM in 8 years? – AMBCrypto Information

Disclaimer: The datasets shared in the following article have been compiled from a set...

By Roger Gofman
Cryptocurrency Costs In the present day: Examine Bitcoin, Ethereum, XRP, Shiba Inu Charges – NewsBytes Stellar

Cryptocurrency Costs In the present day: Examine Bitcoin, Ethereum, XRP, Shiba Inu Charges – NewsBytes

Cryptocurrency Prices Today: Check Bitcoin, Ethereum, XRP, Shiba Inu Prices 09/25/2022, 3:16 p.m 3...

By Roger Gofman
Three worthwhile tokens in your portfolio – Solana, Stellar and Moshnake |  Bitcoinist.com – Bitcoinist Stellar

Three worthwhile tokens in your portfolio – Solana, Stellar and Moshnake | Bitcoinist.com – Bitcoinist

The cryptocurrency market has been growing lately, attracting capital from the real estate and...

By Roger Gofman
Missouri Soccer: 3 meals stalls from SEC sport in Auburn – Columbia Every day Tribune Stellar

Missouri Soccer: 3 meals stalls from SEC sport in Auburn – Columbia Every day Tribune

AUBURN, Ala. - The game should end in a strange way.Missouri football dropped its...

By Roger Gofman
Anticipated 10x revenue on Feed3 as public focus shifts from Circulate and Stellar |  Bitcoinist.com – Bitcoinist Stellar

Anticipated 10x revenue on Feed3 as public focus shifts from Circulate and Stellar | Bitcoinist.com – Bitcoinist

Cryptocurrencies were created to innovate, revolutionize the financial industry and give people power back....

By Roger Gofman
Wagering Deposit Bonus: Betonline 35% Crypto Reload Bonus – Golden On line casino Information Stellar

Wagering Deposit Bonus: Betonline 35% Crypto Reload Bonus – Golden On line casino Information

Post Views: 9 Bitcoin online casino and sports betting site Betonline has introduced a...

By Roger Gofman
World Financial Discussion board Types New Crypto Sustainability Coalition – Kitco NEWS Stellar

World Financial Discussion board Types New Crypto Sustainability Coalition – Kitco NEWS

Editor's Note: With so much market volatility, keep up with the daily news! In...

By Roger Gofman

Latest Posts

Dot sample [DOT]: Does a drop on this entrance imply a drop on this entrance – AMBCrypto Information Polkadot

Dot sample [DOT]: Does a drop on this entrance imply a drop on this entrance – AMBCrypto Information

Dot pattern, she had one high development activity For quite some time we've been...

By Roger Gofman
WEF Launches Crypto Sustainability Coalition to Use Web3 Applied sciences in Combat In opposition to Local weather Change – Blockchain Bitcoin Information – Bitcoin Information Stellar

WEF Launches Crypto Sustainability Coalition to Use Web3 Applied sciences in Combat In opposition to Local weather Change – Blockchain Bitcoin Information – Bitcoin Information

The World Economic Forum (WEF) created the Crypto Sustainability Coalition, an initiative dedicated to...

By Roger Gofman
Mihai’s Ethereum Venture Replace. The First 12 months. Ethereum

Mihai’s Ethereum Venture Replace. The First 12 months.

Into the ether Hello, fellow Ethereans. I am Mihai Alisie, one of the Ethereum...

By Roger Gofman
Is Binance USD (BUSD) Heading within the Proper Route on Sunday?  – Traders Observer Binance

Is Binance USD (BUSD) Heading within the Proper Route on Sunday? – Traders Observer

Binance USD receives a strong long-term technical score of 71 from InvestorsObserver's research based...

By Roger Gofman
Ethereum co-founder Vitalik Buterin expects Dogecoin and Zcash to maneuver to PoS |  Bitcoinist.com – Bitcoinist Dogecoin

Ethereum co-founder Vitalik Buterin expects Dogecoin and Zcash to maneuver to PoS | Bitcoinist.com – Bitcoinist

Ethereum co-founder Vitalik Buterin believes that other blockchains like Dogecoin and Zcash should follow...

By Roger Gofman
MASSIVE BITCOIN PROBLEM TODAY!!!! [careful now] BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY Videos

MASSIVE BITCOIN PROBLEM TODAY!!!! [careful now] BITCOIN PRICE PREDICTION 2022 // BITCOIN NEWS TODAY

Bitcoin News Today - MASSIVE BITCOIN PROBLEM TODAY!!!! [careful now] BITCOIN PRICE PREDICTION 2022...

By Roger Gofman
Cardano Vasil: Charles Hoskinson Talks One other Factor That May Profit Blockchain – U.As we speak Cardano

Cardano Vasil: Charles Hoskinson Talks One other Factor That May Profit Blockchain – U.As we speak

Tomiwabold Olajide Cardano is the third largest blockchain with a staking market cap of...

By Roger Gofman
Ethereum

Ethereum Builders: Ein vorgeschlagenes Experiment

Hallo, liebe Ethereer. Ich bin Mihai Alisie, einer der Gründer von Ethereum, und seit...

By Roger Gofman