Click the link to get registered then upload the anti-money laundering/compliance docs (“KYC” = Know Your Customer) and buy your preferred bundle with bonus tokens for early birds.
“With $120 million of investment capital raised, the first deposit of 135 kilos of gold has now been made.
The goal is for each KCB coin to be backed by 1/10 of a gram of gold bullion, today going for about $4.50- $5.00. There is a total of 8 billion coins in circulation.”
The Karatgold Coin cryptocurrency has taken another step ahead in cryptocurrency innovation. Karatbars International CEO Harald Seiz announced that the company will open, Karatcoin Bank one of the world’s first cryptocurrency banks.
The Karatgold Coin, which Karatbars made available in a March 2018 ICO, already distinguished itself from other ICOs by becoming the world’s first cryptocurrency backed by gold. “Karatbars acquired a fully licensed bank in Miami that will be fully operational by mid-June,” Seiz said in a televised press release. “The name of the bank is Karatcoin Bank.
With this bank, we are one of the first crypto banks in the world with a full license.” Creating Karatcoin Bank serves as an important part of the foundation of Karatbar’s plans to develop Karatgold Coin into a mainstream payment system. The licensing is extremely important in achieving that end. It provides security and backing for not just Karatcoin Bank, but the currency itself. Holders are able to rely on the Karatcoin Bank to service their needs, and, therefore, can rely on Karatgold Coin as a payment method.
Because Karatgold Coin holders will now have direct access to banking services using the cryptocurrency itself, they can use their Karatgold Coins in many of the same ways as fiat currencies. A major disadvantage of other existing cryptocurrencies, like bitcoin, is that holders lack the ability to use it as a means of exchange.
Though bitcoin’s technology has opened the door to tremendous innovation and it serves as a fiat currency alternative, users must change it into fiat currency before they can deposit any of it in a bank. For bitcoin, this is a hurdle to widespread acceptance. Karatcoin Bank provides the solution.
Holders of the cryptocurrency now have a place to bank with it. As a result, more people become willing to do business using the coin. This makes the coin viable as a stable means of exchange, savings, and investment. Like all currencies, crypto or fiat, Karatgold’s value depends on demand. Unlike fiat currencies, the supply is limited, so there can be no inflation, as with fiat currencies, where governments continually print more money to service their enormous debts. Karatgold, then, becomes an inflation-protected instrument, and as demand for the currency increases, so does its intrinsic value.
Intrinsic value is what Karatgold is all about. Karatbars CEO Harald Seiz, a German finance entrepreneur and author of The Future of Money, saw the need for cryptocurrencies to have the backing of hard assets. With gold backing the Karatgold Coin, people worldwide can rely on its value. When the value is pegged to gold, it can be accepted in any country without fear that exchange rates will negatively affect transactions.
A person in Europe can exchange Karatgold Coins for Asian products, with both parties knowing they cannot be hurt by currency fluctuations. Bitcoin’s use as a means of exchange has been destroyed by its instability. Though speculative investors may love it, how can people exchange it for goods? If the value plummets, the seller has essentially given away a discount. If it surges, the buyer overpays. Karatgold, by aligning its value with gold, offers the way for a stable cryptocurrency that becomes a practical form of money. With the opening of Karatcoin Bank, Karatgold stands to enjoy a rise in acceptance and value. It is already used by gold traders in Asia for hundreds of millions of dollars in daily trades, as well as by many of the 480,000 Karatbars customers who own Karatbar’s CashGold products. With the fully licensed Karatcoin Bank, the coin’s popularity will spread.
Video presentation by Nitsa Nakos and post info by Christopher Comstock.
>>>>>>>>>>>>Register A Free Account Here<<<<<<<<<<<<<<<
The K-Exchange is innovative and unprecedented payment initiative for your business and a great way to offer your customers
innovation at the checkout.
It’s an innovation of Karatbars International: a shopping community based on trust in gold. Imagine a network of stores and online shops that accept gold both physically: CashGold – and virtually: KaratPAY – as a means of exchange and payment. Worldwide, with maximum security.
CashGold – Reliable – Stable – Worldwide Accepted
CashGold was developed by KaratBank and Karatbars International as an exchange and payment means with integrated gold bars in the smallest unit of 0.1 gram fine gold (Fineness 999,9, conformity with German legislative text §1 FeinGehG). By appropriate combination of the gold bars on the carrier, CashGold can be offered in denominations of 0.1g, 0.2g, 0.4g and 0.6g total weight, ensuring high exchangeability.
CashGold – Safety First, Everywhere and Anytime
14 security features both on the note and on the gold make CashGold virtually counterfeit-proof. Thanks to the encoded forensic marking applied to the bars in liquid form during production, you can instantly check every gold bar for authenticity. This is how we create maximum security for all our partners.
Gold creates Trust – Certified Quality gives Peace of Mind
Karatbank and Karatbars International manufacture exclusively gold from LBMA verified refineries, which ensures that highest demands can be met. The London Bullion Market is the most important over-the-counter market for the trading of gold and silver. Trading is conducted amongst members of the London Bullion Market Association (LBMA), which has accredited five companies to monitor the Good Delivery System.
Click to get your K-Exchange link
If you are a business, company or organisation register today to enjoy the benefits of making and receiving payments in gold.
Register For the K-Exchange
The K-Exchange is an online business directory (aka yellow pages) which is available for every affiliate with a verified account.
This is an additional option for opening an online shop, which can be enabled for both types – business and personal – of your accounts. To register a K-Exchange Shop, you first need to setup a verified affiliate account if you do not already have one.
Karatbars gives companies a golden opportunity.
Our K-Exchange Centers are all over the world and accept Karatbars Gold in many different ways.
In each and every K-Exchange Center you have the possibility to exchange your paper money into Karatbars Gold and of course from Karatbars Gold back into paper money. If you are an entrepreneur or a business owner, you can register your basic K-Exchange at no cost, allowing you to become a part of our worldwide Karatbars network and benefit from our international affiliates and partners.
In order to find the nearest k- exchange shop in your location, kindly follow the link K- Exchange
For any further assistance, please do not hesitate to contact us.
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KaratCoinBank is the first crypto bank operating worldwide with a capital of USD 100 Million. Learn more about the one of a kind KaratCoin Bank
Cryptocurrency backed by gold: Are you aware that whilst you are saving in
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