The Ultimate KaratGold Crypto Tutorial: How to Buy, Sell, Trade or Exchange KBC and KCB.
What Is The KaratGold Coin? –
The KaratGold Coin is a blockchain-based cryptocurrency. Specifically designed to be used as a generally accepted electronic payment means for all who consider gold as a traditional, true, secure and value-stable medium. The coin is an ERC20-token based on the Ethereum network.
The coin perfectly meets worldwide needs because it is based on gold. Each coin represents a certain weight of gold and can at all times be exchanged into physical gold in the form of CashGold. [ See Article About Cashgold HERE ]
Furthermore, it can be exchanged for all fiat currencies and cryptocurrencies worldwide. The Coin is cryptonized gold that can be transferred borderlessly, cost efficiently, securely and in real-time.
Its value is predictable because the value of gold has a long tradition and everybody has an idea about its stability. Therefore, the Coin has the ability to become generally accepted worldwide.
It is part of a dynamic ecosystem that’s known as KaratGold Ecosystem; apart from the coin, the ecosystem has the KaratGold eWallet and KaratPay. [ See Article about KaratPay HERE ] The ecosystem is designed to make sure that its users don’t have to rely much on any third-party crypto-service provider.
Right now, the global payment architecture is quite fragmented, inefficient, time consuming, inhomogeneous, and expensive. That’s precisely because the traditional payment system is controlled by banks, and that’s how centralization is making things worse and slow for the economy. Now, this is what Karatbars International has noted—and its solution is its own ecosystem that’ll redevelop the importance of gold as a robust payment system.
Along with its native cryptocurrency, KaratGold Ecosystem will allow its users to pay for services and products anywhere, anytime. Apart from having KaratGold Coins (KBC), the ecosystem has another physical currency—CashGold. Now, CashGold will always be used as a robust gold-bearing note that’s quite similar to other bank bills. All in all, the ecosystem includes the following components:
- KaratGold Coin (KBC)
- KaratGold eWallet
- Karat Points of Acceptance (K-Exchange)
- KaratCoin Bank
- KaratCoin Bank coin (KCB)
- KaratBit Exchange
- KC Bank official ATMs
- Karatbars Sony Blockchain Smartphones
For technical information about the project you may chose to read the Whitepaper HERE.
What Is The KaratCoin Bank and KCB? –
KBC & KCB Overview:
The KaratCoin Bank has a share capital of 100 million USD and is licensed to trade gold from one of the biggest gold mines in Madagascar with a 900 million USD worth.
The Karat Coin Bank is the first globally acting crypto service which uses the blockchain technology to the fullest possible extent in order to render its crypto banking services. With the KaratCoin Bank, a list of benefits for all associates in the future can be implemented:
– A Blockchain based payment system
– Exchange system for cryptocurrencies
– Efficient utilization of the gold mine
– Development of the Karat Bank Business – faster and cheaper exchanges for your business
– Better gold prices than competitors
– Smaller transaction fees for the bank accounts with Karat Coin Bank
– Smaller annual fees Karat Coin bank accounts and for the credit cards
We believe the value of the new KaratCoinBank Coin is expected to strongly increase due to our acceptance centres, the number of users involved and the reliability of the KaratGold EcoSystem. Karatbars, KaratPay and KaratCoin Bank will generate fees and those fees will be returned to the bank where the banks net worth will increase causing the KBC coin and KCB coin to increase in value as well.
Therefore holders of KaratCoinBank Coin and KaratGold Coin will not only enjoy protection against inflation and volatile governments and economies, but also have the opportunity to participate in the value increase which will be achieved in the future.
I know this information may seem daunting at first, and if you feel confused i recommend watching the follow 2 videos for a complete and systematic overview of the eco-system and all the wonderful opportunity it brings.
- REMEMBER: Come July 4th 2019, 100 KBC coins will be equal to and fully convertible into 1 gram 24K Gold!
How To Buy The Coins –
Currently, you can invest directly into the KaratCoin Bank ICO and acquire any amount of KCB from 150 euros upwards. Simply create a free KaratGold Account HERE
(The ICO ends September 2019.)
The first thing you will need to do once you have logged into your account is verify your e-mail address and KYC documents. Then you will need to add and link a valid Ethereum address to your account, which is where the coins will be stored. The wallet you chose to use MUST support ERC20 tokens. If you are unsure if your wallet supports this, or you do not have an ethereum wallet address yet, we highly recommend to get one for free at WWW.MYETHERWALLET.COM.
Please view the instructions on how to create a MEW (MyEtherWallet) account, from the ‘help’ section of your KaratGold Dashboard.
*MAKE ABSOLUTELY SURE TO SAVE YOUR PRIVATE KEY, MAKE MULTIPLE COPIES AND KEEP IT SAFE!* If you lose this key you will not be able to access your funds.
Alternatively, you can download the official KBC & KCB Wallet App, for both iPhone and Android!
How to add your wallet address to Karatgold/Karatbars:
How to buy KCB using cashgold:
As for the KaratGold Coin (KBC), these can only be acquired on the exchanges, such as CoinSuper, HitBTC etc.
However, i recommend using our very own KaratBit Exchange, with reduces fees, and the option to trade/exchange between gold, fiat and crypto all in one place!
You don’t even have to create a new account because KaratBit, KaratGold and KaratBars all share the same login credentials, so you can use the same login details for all 3 services.
How to deposit funds on KaratBit Exchange –
Lastly, you can get FREE coins and gold in commission as a KaratGold Affiliate, by enrolling on the affiliate program HERE and showing others how to save in gold. It’s free to create an account.
If you have any further questions feel free to contact me, email@example.com
Or visit our VIP gold club forum on Facebook, Bullion Logic