The advent of the KaratGold Coin (KBC) has changed the concept of crypto payment. The KaratGold Coin is transferred borderless, cost-efficiently, securely and in real-time. KBC is an Ethereum-based asset exchangeable for real gold. In essence, it`s a tokenized gold combining the advantages of a physical asset (gold) and crypto. Its value is not likely to grow or fall unexpectedly, as it`s covered by gold which has a long tradition and which value is stable. Hence, the KaratGold Coin is becoming generally accepted worldwide.
The KaratGold aims to reach a market capitalization of USD 100 billion by the end of 2020, and it will do so, given its current achievements throughout the Asian market. Harald Seiz, the KaratGold`s founder, recently announced a partnership with three Asia`s largest gold trading firms. Under the terms of the partnership, the Asian firms agreed to use KaratGold Coin for several million gold transactions per day! And as KaratGold Coin`s value is tied to gold, the firms are entirely safe from any currency fluctuations.
However, the real revolution both in crypto payments and the gold industry is yet to come. Starting 4th July Gold Independence Days, the KBC holders will be able to exchange 100 KBC tokens directly to 1g of pure gold, making the first digital currency convertible to a precious asset.
“Starting with the Gold Independence Days, a full-featured gold circulation is put in place worldwide and the phrase “I will pay in KBC” means “I will pay with gold,” Dr. h.c. Seiz, the founder of Karatbars International, announced.
The KaratGold payment system also perfectly meets the needs of users and saves their time. For example, if a user wishes to sell some gold, he can do so with dollars, euros, BTC, ETH as well as with various fiat currencies, without having to go through complex, time-consuming transaction operations. And since the price of gold tends to change dramatically within just a few hours, the KaratGold system deals away with the risks the buyer and the seller earlier used to take.
KaratGold is happy to announce the full-scale launch of its secure payment gateway K-Merchant. From now on, retailers and online shops worldwide can use the new crypto payment system for their own purposes. The central element of K-Merchant is the irreversible, booking- and certification-secure logging of the payment by the KaratGold blockchain. All it takes is a simple scan by a smartphone. K-Merchant has pre-built customizable modules for the most popular e-commerce platforms so that your business doesn’t have to waste time on integration.
Given its security, cost efficiency, and adaptability, the KaratGold Coin has already attracted investors from all over the world, and it will undoubtedly continue to do so since the transaction is no longer a time-consuming and costly process! You can currently purchase KaratGold Coins on the following cryptocurrency exchanges: KaratBit, Bitforex, Coinbene, HitBTC, Coinsuper, Digifinex and 6 others.