Kinesis Silver wallet

What is Kinesis Silver (KAG)?

Each KAG corresponds to one ounce of investment-grade silver bullion held in insured, audited third-party vaults. What sits in an Ethereum wallet, though, is one layer away from the metal: ERC-20 KAG is a 1:1 claim on native Kinesis KAG, the digital silver instrument issued on the Kinesis blockchain, which is a Stellar fork. The metal backs the native token, and the ERC-20 form is how that claim travels on Ethereum.

Keeping the distinction straight matters in practice. To reach the Kinesis platform itself, or to go all the way down to physical silver, ERC-20 KAG has to be brought back to native KAG through the issuer, under its terms and its compliance onboarding, which is not something a wallet performs by itself. Day to day the token behaves like any ERC-20: the balance changes only when you move it, transfers are paid for in ETH held at the same address, and the destination must be an Ethereum address, never a Kinesis or Stellar one.

Supported networks in Tangem (1): Ethereum.

A claim on bullion is usually acquired to be left alone. The signing key for it is generated inside the Tangem card's secure element and stays there, while a second identical card, kept in another place, is the route back into the same wallet; a seed phrase is available if you would rather also have one on paper. Silver measured in ounces instead of traded by the hour fits a key that waits in a drawer between signatures.