Cryptocurrencies have forever changed the way that we pay for goods and services; however, the volatility associated with cryptocurrencies have not allowed them to be widely accepted. That changed with the appearance of the gold backed cryptocurrency.
Karatbars International introduced their first gold backed cryptocurrency in February 2018, and quickly became the leader in providing a stable coin backed by gold.
After one of the most successful Initial Coin Offerings ever, the Karatgold Coin (KBC) was launched!
The KBC is listed on Coin Market Cap and is being traded on over 20 of the top Cryptocurrency Exchanges.
The KBC is backed by physical gold and you can currently exchange 75 KBC for 1 gram of Cashgold.
Cashgold is available in 0.1, 0.2, 0.4,and 0.6 gram notes and can be purchased in your Karatbars or Karatgold back office.
On January 1, 2020, the plan is for you to be able to exchange 75 KBC for 1 gram of Cashgold.
As the project continues to grow the possibility exist that in the near future you will be able to exchange 1 KBC for 1 gram of Cashgold.
Cashgold is an important part of the Karatbars Ecosystem and allows users to send gold from one user to another over our Karatpay Network.
Click on the banner below to register for your Free Gold Savings Account. Once you have completed the 5 Steps to set up your Karatbars account, you can start exchanging your paper CURRENCY for Cashgold. You can transfer your Cashgold to your Karatbit account and exchange it for KBC.