Dec 23, 2019 Update:
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100 KBC to 1 gram Cashgold promotion ended on Dec 14, 2019.
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The new promotion will start on Jan 15, 2020 (details will be announced).
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All QR codes that you generated are still valid and receivable on the available CEMs. Agreed dates for withdrawal in Karatbars headoffice in Stuttgart are valid as well.
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In this tutorial you will learn how to convert KBC coins to gold (Cashgold).
Just a reminder, that now you can withdraw 2 grams, 10 grams, 100 grams of Cashgold in a single day — as much as you want!
How to convert KBC to QR codes
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Go to www.karatbit.com and click Login in the top right corner
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Click Dashboard.
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Then click KYC.
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Make sure that your KYC level is Platinum. You will have to verify Platinum level before you can proceed with this tutorial.
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In order to verify your Platinum level you will need the following:
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Proof of banking statement
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Bank Name
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Account No or IBAN
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BIC or SWIFT
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Account Holder
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Also, please note that 72 hours must pass since your last activation of Two Factor Authorization (2FA). Otherwise, you will not be able to see Withdrawal button next to BUNV (you will see what’s BUNV later).
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Once your KYC is Platinum successfully verified, click on Wallet & Balance
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Then click Exchange next to KBC
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In the Exchange – KBC pop-up, in Amount field, put ‘100’ (Marked 1 below)
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In To field, in the dropdown menu select BUNV and click Confirm.
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Note: In order to convert KBC to Cashgold, you first need to convert KBC to BUNV or Bonus Unival. Bonus Unival is Karatbars cashgold cryptocurrency, so to say.
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8. Then click OK on the Exchange was successful pop-up
9. When you go back to Wallet & Balance, you will see that now you have BUNV in your account
10. Then to generate a QR code (which can be converted to Cashgold), click on Withdrawal next to BUNV
11. In the drop-up menu select the amount of gold you want to withdraw (Marked 2 below).
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12. Then click Submit
13. On Create Withdrawal? pop up, click Confirm
14. On Almost Done pop-up, click OK
15. Then go to your email inbox and click on Approve button in Please confirm your withdrawal email
16. Then click Dashboard, and you will see that the amount of your BUNV has been reduced by the amount your just withdrew.
17. In another few minutes you will also receive Your ATM Withdrawal QR Code email (Marked 3 below)
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- Note: You can only generate one QR code per day in Karatbit.
18. Use this QR code and other you generate (on the other days) to withdraw Cashgold via Cash Exchange Machine (CEM) machine.
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- Another option is to present the codes in Karatbars Corporate office in Stuttgart. See details below.
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How to convert QR codes to cashgold: 2 ways
Once you have QR codes on hand, there are 2 ways you can convert these to Cashgold.
The first way to convert QR codes to Cashgold is through a CEM machine.
Currently, there is one CEM in Stuttgart, Germany (officially).
In one day you can withdraw any amount of Cashgold from CEM.
There may be more CEMs around the world though. Once a CEM locator is up and running, you’ll be able to look up if there is one available in your city.
Yes, it will take some time to implement CEM machines all around the world.
But you can speed up the appearance of CEM machine in your city! If you are a shop owner, buy a CEM machine (in Karatgold.sg backoffice) and put that machine in your shop 🙂
The second way is to bring your QR codes to Karatbars headoffice in Stuttgart.
Karatbars staff will exchange them for Cashgold.
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At least 2 weeks in advance, email sales@karatbars.com and inform about the date and time you want to come. You can come 10:00 am – 07:00 pm CET. Note: You must use an email address you used to register with Karatbars or Karatbit.
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If your visit was approved (wait for the email from Karatbars), print out and bring QR codes you intend to redeem. Make sure that the dates on them are clear.
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For security purposes, you can only redeem your own QR codes.
- Note: In one day, you can reedeem as many QR codes as you wish.
Have a question? Leave it below 🙂
Can the amount of cashgold I exchanged with kbc not transferred as cash to my katatbars master card or can I usr the cashgold to purchasr packages on my back office? Why asking, because I am residing at a place where there are no CEM and am far from head office in Germany.
Thanking you.
Hi Anna,
Thank you for your question.
Can the amount of cashgold I exchanged with kbc not transferred as cash to my karatbars master card or can I use the cashgold to purchase packages on my back office?
At this moment, there is no option in Karatbars to transfer cashgold to Mastercard as cash.
I know that you can purchase some Karatbars products with Karatpay, which is an online cashgold. There is a KBC GoldMiner promotion going on right now,I’ll soon publish a post on this.
Why asking, because I am residing at a place where there are no CEM and am far from head office in Germany.
I see. If you know any affiliates in your city/town that want CEM as well, you can split the cost of CEM among those people. And place the CEM in one of the affiliates’ shops. That’s one of the ideas to have CEM in your location sooner.
In the end all will work out, just know that it will. 90-99.9% of all success and amazing life are our positive joyful mindset 🙂
Hello, maybe i am boring with my comments, but what do you mean here?
Just a reminder, that now you can withdraw 2 grams, 10 grams, 100 grams of Cashgold in a single day — as much as you want!
When was that possible? I could only withdraw 1g /day
Comments are good Josef 🙂 Because they help other people if they have the same question.
During the 100 KBC = 1 gram promotion you could withdraw any amount of cashgold at CEM. But you could only generate 1 gram of QR codes per day in Karatbit.
Comments are good 🙂
During the 100 KBC = 1 gram promotion you could withdraw any amount of cashgold at CEM. But you could only generate 1 gram of QR codes per day in Karatbit.
Hello there! I am an Affiliate with KaratBars. I am trying to locate a CEM here in the US. How do I go about looking for one? Do you know of any that are operational in the U.S.?
Hi Chris,
In the near future, CEM locator should be available in Karatbars backoffice.
When it’s up, I’ll notify about that in the newsletter (you can subscribe on the right; scroll up).
I’ll get back to you with the location of CEM in US (if there is one; there should be one), okay?
Hi Chris,
In US there are two that now I know of:
In a shop just north of Minneapolis, Minnesota & in Little Rock, Arkansas
Subscribe to my newsletter to stay updated!
Is it possible to generate QR code even without buying any packages after we submit the KYC platinum verification ?
Please I want to know that .
And with 75 kbc =1g of gold will start ?
Hi Cleiton,
To generate QR code you don’t need to buy any packages! However, the 100 KBC=1 gram of gold promotion has ended.
It’s not known when 75 KBC=1gram of gold will start.
There is another KBC to casgold ‘Goldminer’ promotion. It will be activated on Karatbit on Feb 1, 2020. Soon I’ll publish a post about this promotion – subscribe to the newsletter! (scroll up; on the right).
Hi. I wanna know something about to exchange the full amount of my KBC to cashgold on Karatbit, then claim for them to my location(south africa) through Fedex. Is there any possiblity to do so?
Hey Henoc,
The 100 KBC to 1 gram exchange ended on Dec 15, 2019.
Now you can earn gold for 75 KBC through the GoldMiner by leveraging the efforts of your team
See here how to do it: https://freewithgold.com/the-75-kbc-goldminer-cashgold-promo-explained-no-need-to-buy-anything
🙂
Hi after exchanging your kcb to kbc in your karatbit, what is the next step, do you just leave it there or what needs to be done please..
Hi Cicily,
After exchanging KCB for KBC you are done! You don’t have to do anything after that 🙂
hello,
i wanna know if today is possible yet generate a qr code a day of 1 gram of gold and change all these qr code of 1 gram in cash gold
and where are CEM in italy?
thanks
Hi Diego,
Officially, the 100 KBC to 1 gram exchange ended on Dec. 15.
So, you can’t exchange to cashgold directly anymore. But you can redeem all QR codes you’ve got right now at any working CEM.
I’m not aware of any CEMs in Italy, however the CEM locator should soon be available in Karatbars office.
Here is a list of CEMs that I’m aware of (there may be more).
Instead of the 100 KBC to 1 gram exchange, now there is a 75 KBC GoldMiner promotion and with this you earn gold when people in your team buy Multi Packages.
Have a wonderful day 🙂
Good Day
I just want to know since we can’t exchange 100KBC to 1gram of gold anymore, does the 75KBC apply now besides the promotion ? and how do we do it? There’s no exchange button next to the KBC in dashboard…
In summary how do I exchange my KBC to cash gold now ?
Thanks
Hi Dineo,
You can’t exchange KBC to cashgold anymore. Though you can redeem all QR codes you’ve got remaining at any working CEM.
(100 KBC to 1 gram exchange ended on Dec. 15)
Instead of KBC to cashgold exchange, now there is a 75 KBC GoldMiner promo (with this you can earn gold):https://freewithgold.com/the-75-kbc-goldminer-cashgold-promo-explained-no-need-to-buy-anything
Subscribe to the newsletter (on the right), to stay updated!
🙂
Thank you so much for your prompt response..
You are most welcome !
fradieusaintlouia94@gmail.com