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How to Buy KARATGOLD COIN KBC on HitBTC
Current Price: 1 KBC for USD 1.32$See Audit
Maximum KBC produced: 12 Billion (technical limit)
Maximum KBC for sale: 7.2 billion
Fundraising Goal: $ 72 million
Payment methods: Bitcoin, ETH and Karatpay payments
DETAILS ABOUT KARATBARS: The international distribution partner
Gold, in the form of gold coins and gold bullions, has served as international payment means as well as solid investments for more than 4,000 years. Although legal currencies presently are not backed by gold, gold reserves still serve many central banks in the world as a currency reserve.Private and institutional investors invest in gold. In times of economic crises, gold is deemed to be a stable investment with the potential to a value increase in comparison to other investments.The intrinsic value of gold is caused by its relative rarity as well as by the high cost of mining. This may also be the reason why investments in gold, unlike e.g. investments in interest-bearing securities, do not have default risk.However, gold coins are not used for payment anymore, and it is not feasible or practical to hold and pay with gold in the traditional form.The new alternative is the CashGold. It is reliable, globally available, secure, practical in use, and compatible with other payment means.The idea behind CashGold is to implement small gold bars on a specific paper which partially looks like a bank note. However, instead of mentioning a specific currency amount, the weight of the implemented gold bar is displayed.