KAU vs PAXG

Yes. Both are gold. RWA Leads does not publish a comparison across asset classes.

Kinesis Gold: Kinesis KAU is issued by Kinesis Cayman. The ERC-20 token is a 1:1 claim on that KAU, issued by KMS Labs S.A., a company incorporated in Panama.. Pax Gold: Paxos Trust Company, National Association.

KAU fees: Allocated storage fee 0%. Buy or sell on the Kinesis dashboard or exchange 0.22%. Send to another Kinesis account or an external wallet 0.45%. Physical redemption fee 0.45% plus $100 plus delivery. Segregated coin and bar redemption is 0.45% plus $100 plus any retrieval fee plus delivery.. PAXG fees: Zero storage fees. Zero on-chain transfer fees.. KAU redemption: Physical delivery is offered. Redeeming bullion removes the corresponding KAU from circulation. Physical withdrawal minimum is 100 grams of gold. ERC-20 redemption for Kinesis KAU requires KMS Labs compliance onboarding, after which physical redemption may be made via Kinesis Cayman.. PAXG redemption: Redeemable through Paxos for LBMA Good Delivery gold bars (minimum 430 PAXG per bar), unallocated Loco London gold, or USD..

The slugs in alphabetical order: /compare/kau-vs-paxg. The other order is a permanent redirect.

Kinesis Gold: The cited catalog does not include an official how-to-buy path for Kinesis Gold. Pax Gold: Buy or create PAXG on the Paxos platform at paxos.com after the account is verified. The terms name the Paxos platform, including itbit.com and paxos.com, as where customers convert US dollars or unallocated gold for PAXG. Paxos Global is a reseller. The product page tells individuals to start from its exchange listings and does not name those venues on the page. A platform purchase uses a streaming quote valid for five seconds, and conversions are rounded down to the nearest 1/100th of a troy ounce. Only verified Paxos customers may purchase PAXG from Paxos or convert or redeem it with Paxos. Redeeming tokens for allocated gold may require additional due diligence.

Kinesis Gold is issued from Cayman Islands (Kinesis KAU); Panama (KMS Labs S.A., the ERC-20 issuer). The issuer does not publish a regulator for Kinesis Gold. The cited catalog does not include a restricted-holder statement for Kinesis Gold. Pax Gold is issued from United States. Regulator, as published: Office of the Comptroller of the Currency (OCC). The Pax Gold page says PAXG is currently unavailable in the EU. The terms say only a verified Paxos customer may buy, convert, or redeem PAXG from Paxos, and that Paxos may refuse where issuance or redemption would be contrary to applicable law. The terms do not publish a country list.

Kinesis Gold: Redemption, as published: Physical delivery is offered. Redeeming bullion removes the corresponding KAU from circulation. Physical withdrawal minimum is 100 grams of gold. ERC-20 redemption for Kinesis KAU requires KMS Labs compliance onboarding, after which physical redemption may be made via Kinesis Cayman. Minimum size, as published: 1 KAU = 1 gram. Divisible to 0.00001 grams. The fees page also lists a 0.00001 KAU figure. Fees, as published: Allocated storage fee 0%. Buy or sell on the Kinesis dashboard or exchange 0.22%. Send to another Kinesis account or an external wallet 0.45%. Physical redemption fee 0.45% plus $100 plus delivery. Segregated coin and bar redemption is 0.45% plus $100 plus any retrieval fee plus delivery. Pax Gold: Allocated-gold redemption requires a minimum of 430 PAXG, plus the fee in the Paxos User Guide, for each London Good Delivery bar. The terms say Paxos may set a minimum for a US-dollar or unallocated-gold conversion and may change it. They do not print a standing dollar minimum for that conversion. Allocated gold is a specific London Good Delivery bar in an LBMA-approved vault in London. For a bar redemption, Paxos sends delivery instructions to the email on the account. The customer is responsible for delivery, and the terms say Paxos has delivered once the bars are with the delivery service the customer chooses. Unallocated gold is wired as Loco London ounces to the account the customer names. US dollars go to a bank account the customer owns. Creation fees on the PAX Gold pages are waived through 1/1/2027. After that date the fee article lists a flat 0.02 PAXG under 2 ounces, then 1.000% from 2 ounces, 0.750% from 25, 0.500% from 50, 0.250% from 75, 0.150% from 200, and 0.125% above 800 ounces. From September 1, 2026, redemption fees are marginal on rolling 30-day net redemptions: 0.125% on the first $2 million, 0.250% from $2 million to $10 million, 0.350% from $10 million to $20 million, and 0.500% above $20 million. From the same date, an in-kind conversion from PAXG to unallocated or allocated gold is 0.05% (5 bps). Those creation and destruction fees apply to conversions through the PAX Gold pages, including USD, bars, and unallocated gold. They do not apply on the Paxos exchange order book or outside the Paxos wallet. The product page says on-chain transfer fees are zero. The terms add a US $2.00 monthly charge on an account that keeps a non-zero balance and has had no issuance or redemption for twelve months or longer. The terms say a purchase request made by 5:00 p.m. EST that has passed compliance checks is delivered the next business day. The product page says tokens created on the Paxos platform are typically minted the same day, and that some larger transactions settle the next business day. The terms also say a conversion or redemption can take up to several business days to show on the account. A US-dollar withdrawal may take up to two days, and a larger withdrawal may take longer. The Paxos fee article says Paxos does not charge gold storage fees to its customers at this time. The product page says zero storage fees. The terms say Paxos may later charge a storage fee to every token holder, by issuing new PAXG, and that the method and timing would be published at least thirty days before it starts. Direct purchase minimum: The Paxos minimums article says the minimum purchase on Paxos.com is 0.03 PAXG, which it attributes to a conversion fee of 0.02 PAXG. It also says there is no minimum holding and that PAXG divides to 18 decimal places. The fee article, read the same day, says creation fees are waived through 1/1/2027. Both statements are on Paxos pages. This catalog does not pick which one controls a purchase. Reserve report: Paxos publishes Pax Gold attestation reports each month. Reports posted on or after 28 February 2025 are examinations by KPMG LLP under attestation standards of the American Institute of Certified Public Accountants. Reports before that date were issued by WithumSmith+Brown, PC, also under AICPA attestation standards.