[Singapore, 17th December, 2019] XcelTrip is proud to announce its partnership with Kinesis, a globally accepted cryptocurrency that is reforming and transforming the precious metals industry. Kinesis eliminates storage fees for physical gold and silver bullion, in addition to offering holders a unique fee-sharing yield model that adds an extra layer of value to gold and silver holders in the form of monthly payments.

With this new partnership we are excited to announce the integration of KAU, a new digital currency based on a 1:1 allocation with physical gold bullion (1 KAU = 1-gram gold), that can now be used as payment on the XcelTrip booking site.

XcelTrip, is the brainchild of Silicon Valley entrepreneur Gyanendra Khadka and allows users from around the world to book over 1.5 million hotels and resorts, along with having access to over 400 airlines. XcelTrip allows users to book their travels using cryptocurrencies; including BTC, ETH, Dash, Verge, XcelToken Plus (XLAB), LITECOIN and now KAU via XCELTRIP.COM and its Android & iOS app. XcelTrip has over a half million active users and has been featured on CNBC, Forbes, Bitcoin.com, Finance Magnate, Entrepreneur, INC, Blockchain Expo and many other popular media outlets.

The Founder & CEO of XcelTrip, Mr. Gyanendra Khadka regarding the partnership has stated that “XcelTrip’s vision is to create a decentralised economy by offering real, value-adding mass use-cases that positively impact global community and empower the end-users.” — Mr. Gyanendra Khadka, Founder & CEO, XcelTrip

Kinesis CEO, Thomas Coughlin’s comments on this new partnership. “This is a tremendous breakthrough as it provides Kinesis currency holders with the unique ability to book flights and hotels around the world, improving the accessibility of basic services. Simultaneously opening up the Kinesis system to an even larger audience who can also benefit from our revolutionary gold and silver-based monetary system which rewards users for their participation.”

This is an amazing opportunity for both Kinesis and XcelTrip to empower the crypto community to use their digital gold and cryptocurrencies for everyday transactions, increasing usability and making cryptocurrency more mainstream.

XcelTrip is committed to building a decentralised economy, our innovative community engagement program and like Kinesis, doesn’t simply reward users but also works towards creating sustainable income opportunities for people around the world.

The first project under this initiative is XcelTrip’s “Independent Marketing Partner” program, where individuals around the world can register, recommend, and list hotel properties on the XcelTrip platform. Once the property is verified and listed on XcelTrip platform, the individual will earn a percentage of booking revenue earned by XcelTrip from the properties listed by them as a sales commission.

“This is a great way to create an income opportunity for all travellers and people around the world for their contributions.” said CEO, Gyanendra Khadka.

“Driving community engagement and usage is important to drive growth” adds CMO, Raghav. XcelTrip also runs a program called “Share and Earn”, where individuals, who share their travel posts or stories with the hashtag TravelWithCrypto (#TravelWithCrypto) and promote XcelTrip’s post to various user communities, will earn XLAB and pay-outs in USD too.

XcelTrip with Kinesis is on a path to create more such partnerships with major cryptocurrencies and institutions to provide real use-cases to users in order to drive mass adoption worldwide.