KaratGold, a fusion of gold and cryptocurrency has no bounds of happiness as it becomes one of the most successful ICOs. It is cryptonized gold which is making new marks of achievement every day. Benefit from a rare quantum leap in the history of humanity: the world's first and only cryptocurrency, backed by actual, safely deposited gold, and whose price can never plummet.
The whitepaper depicts that it has attracted about 480,000 customers from about 120 countries. The company had a hardcap of USD 120 million and has managed to achieve this aim. Stability of the coin is guaranteed as it is backed up by a huge company i.e. KaratBars. The KaratGold Coin is an Etherium 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.
KaratGold Coin (KBC), a game-changing cryptocurrency representing cryptonized gold that can be transferred cost efficiently, securely and in real-time across borders. A venture from KaratBars International, KaratGold Coin has recently completed a highly successful ICO that secured investments worth over one hundred million USD.
It is working in a fully fledged direction to make the ICO no. 1. The KBC is unique in world history. And thus nothing less than a pioneering achievement that is second to none.
To elaborate a bit, you might by now know that why did it come up with this gold currency. For our new readers:-
As we know that gold has been an acceptable payment means of payment. Slowly our currency evolved. We have come a long way from gold to paper currency and now the cryptocurrency. But gold out of all these currencies has been the most stable one. The value of the KaratBank Coin is expected to strongly increase. The market capitalization of the KaratBank Coin will reflect the billion Euro business that will rely on gold and the gold price based on the CashGold
As stated in the whitepaper:-
Gold has served as international payment as well as investment means for more than four thousand years. Though the modern-day legal currencies are no longer backed by gold, many central banks around the world still make use of gold as their currency reserve. The core idea of KaratGold Coin (KBC) revolves around providing an effective solution to the volatility and unpredictability of cryptocurrencies by utilizing the stability and reliability of gold.
It started with its ICO on 15th February. The marketing team worked really hard to promote ICO on all social platforms so that it could hit huge exchanges.
Starting with Yobit, a Russian-based crypto exchange that was founded in 2015. It offers access to bitcoin as well as hundreds of other altcoins and charges trading fees of 0.2% or less per transaction. It is a global cryptocurrency exchange that allows you to buy and sell an extensive range of digital currencies. It lists popular currencies such as bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) as well as hundreds of other rarer altcoins.
The next exchange it went on was HitBtc
HitBTC is the world’s most advanced cryptocurrency exchange. Since 2013, HitBTC has been providing markets for Bitcoin, Ethereum, Litecoin, Dogecoin, Monero, USDT, and more than 300 cryptocurrencies in total.
Created by outstanding technical minds, high-level finance professionals and experienced traders, HitBTC is delivering the most reliable, fast and powerful platform solution on the market. The platform has earned its reputation for fault-tolerance, flawless uptime, and high availability. Its core matching engine is among the best technological products in its class, offering traders a wide range of features such as real-time clearing and cutting-edge order matching algorithms.
We seek great pleasure in announcing that it is now listed on CoinMarketCap. It is the most popular and comprehensive site for checking on cryptocurrency prices. Unlike individual exchanges, which often have large disparities in coin prices, CoinMarketCap.com calculates a volume-weighted average for cryptocurrency prices. It thus provides a snapshot of the currency’s valuation across multiple markets at the same time, making it easy for traders to evaluate their prospects.
It has achieved many milestones of success and is to achieve more. It was all possible as there were investors like you who helped us achieve our aim.