Karatbars Frequently Asked Questions: V999, IPO vouchers, QR codes, and more

Here are Karatbars and Karatbit Frequently Asked Questions and Recently Asked Questions (from July and August 2020).

 

 

How to register for V999?

To register for V999 platform see instructions here.

 

 

Please what relationship do KBC and Cashgold have with V999?

2. How do I leverage payment of V999 with my KBC coins as stated on the V999 site?

We’ll have to wait until the instructions or info appears in the ‘Latest News’ in the Karatbars backoffice.

Also, to be on top of updates,you can watch the recordings of affiliate huddle calls (happen every Monday)

Nature never hurries, yet everything gets done in time!

Laugh much and expect only the good ?

 

 

It says it wants fresh coins…

Meaning the KBC I have has to be sold, then bought with BTC or ETH.. to enter coins into the Reduction Plan?

Am I missing something?

Can I just deposit the coins I have somehow?

Yes, you can just use your old coins. See how here.

 

 

Are all the coins going to be divided by 4 in October?

Or it’s only the coins that are not put on the Reduction Plan?

Coins that are in the Reduction Plan will be returned to owners with a bonus.

(This bonus is like a compensation… as you won’t be able to trade those coins until mid-October 2020).

How the supply will be determined in October, I am not sure – we’ll have to see how events unfold 🙂

 

 

I followed what you have mentioned in all the points, and I participated in the Reduction Plan in July 2020.

But the STATUS of the reduction plan is still showing as PENDING… it’s been more than one month.

My status is PENDING as well.

We’ll have to wait. After all, the Reduction Plan process runs until mid October.

 

 

How to transfer KBC coins to Karatbit?

For general directions on how to transfer KBC to Karatbit from another exchange or wallet go here

(Scroll down to ‘How to transfer KBC coins to Karatbit’)

 

 

 

 

How to put vouchers into the Reduction Plan and is it necessary?

Do you see the button “Cancel & Create Reduction Plan?” Just click on that.

If vouchers are not changed into the plan what would be happen?

Or if I change into the new plan what is the next step?

Please, is it a must that I convert my KCB in IPO to KBC now?

You can leave KCB vouchers as they are. They will go towards the Gold Standard Bank IPO when the time comes.

Personally, I just kept the vouchers as they are. This way not all eggs are in one basket 😉 (KBC).

 

 

Any idea how QR codes should be transferred and whereto?

This may be done by Karatbars automatically. We’ll have to wait and see?

 

 

I want to know if is it really true that QR codes will be exchanged to v999 token…. since there are a number of people who think this is just another lie?

Everybody sees the world through who they are.

Personally, I know that Karatbars is a honest revolutionary company, yet making mistakes and delays while it’s evolving.

Yes, I think QR codes will be exchanged to V999 when the time comes 🙂

 

 

My Card has expired 09/18, I didn’t realized that, and Karatbars MasterCard was abolished on July 17.

Can you please let me know how can I get outstanding pay?

To sort this this out, please see screenshot from the ‘Latest News’ attached below.

When there is unemployment people are looking for alternatives of making an income and that’s where Karatbars comes in (and some will like it).

p.s. Listen to independent sources of info, mass news are always twisted

 

 

How to exchange cashgold for physical cash?

Do you have cashgold on hand now?

If yes, go to a local ‘cash for gold’ place – they will exchange it for cash, Karatbars gold is recognized around the world (I have done it twice).

No physical cashgold (stored in vault)?..

Once the debit card is out, you will have an opportunity to order the card.

For now I’d just do a delivery request and exchange it for cash in your town. There is a shipping fee. I’d order more gold so that it actually makes sense to pay a shipping fee.

It’s been a while and my KYC is not approved?

Please make sure you follow the guidelines to the point when submitting KYC

 

The 1st document should be a proof of ID.

It should be a valid government-issued ID with a matching name, a clear picture in color, and the date of birth. Examples are: Passport, driver’s license or any other government ID.

 

The 2nd document should be a proof of address.

It should clearly reflect your name, address and date. Examples are: Gas bill, phone bill or bank statement. Your proof of address should not be older than 6 months. Envelopes, screenshots or online bills cannot be accepted.

NOTE: A new rule came into effect on Aug 29, 2019. You must provide a picture of you holding the above two IDs. This extra step was done to create an additional layer of security. Make sure your face is visible and your IDs are readable!

Karatbars is pretty strict with KYC.

 

 

I am no longer in contact with the persons who referred me and have many unanswered questions ( how to generate a commission, etc)

Can you help me?

 

Here is a 3-step system on how to bring people into your team and make commissions