2 ways to cashgold your KBC

14 Comments
2 ways to cashgold your KBC

*Updated Oct 9, 2019

In this article I summarize 2 ways you can exchange your KBC cryptocurrency for Cashgold.

For a more detailed tutorial on how to convert your KBC to cashgold, read this article.

 

1. Get your Cashgold through Karatbars ATM

Karatbars ATMs are being manifested into real life!

These machines are also called Cashgold Exchange Machines, CEMs for short.

So, now you can exchange your KBC for Cashgold through a CEM. It’s simple.

  • Second, bring that QR code to CEM, select the Cashgold option and let the machine scan the code.

    • Watch a video below to see how the process of redeeming QR code for physical Cashgold looks like exactly.

    • The rolling-out of Karatbars CEMs around the world has started in the middle of June, 2019. So, for this reason, there is still very few CEMs. There is one in Stuttgart, Germany. The location of others should be made public soon.

    • Now, to speed up the appearance of CEM in your town, you can buy it in your Karatgold backoffice (see screenshot marked 1 below). If you’re not registered, register with Karatgold here.

      • Note, you need to be a shop keeper in order to buy a CEM machine.

Watch how to redeem your QR code for physical Cashgold (Skip to 0.41)

 

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2. Get your Cashgold by going to Karatbars main office in Stuttgart

You can also get Cashgold for your KBC in Karatbars main office, in Stuttgart.

1. 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 the email address you used to registered with Karatbars/Karatbit.

2. Print out and bring QR codes you want to redeem (make sure the dates on the codes are clear)

    • Note: For security purposes, you can only redeem your own QR codes

Got questions? 🙂 Email me at mivaniuk@shaw.ca




14 Comments

  1. Cameron

    Hi. I would like to know some information about these machines. Small details like what will prevent criminals from stealing the machine or breaking it to steal the gold inside. Hope to hear from you.
    Thanks

    Reply

    • Margarita

      Hi Cameron,

      Thank you for dropping by.

      It looks like an official brochure or website is not yet in place for Cash Exchange Machines (CEMs).

      I’ll email support about that, however it’s very doubtful that Karatbars staff will release the information before it’s made public.

      So, at this moment, I know as much as you about CEMs 🙂

      If you’ve been following, 2 weeks ago Karatbars announced that first CEMs are getting shipped to people.

      Here is also a picture of CEM specs, which you probably saw in your Karatgold office.

      I’ll get back to you if I can access any additional info on CEMs.

      Have a great weekend!

      Reply

    • Margarita

      Hi Jeanne,

      Thank you for dropping by!
      There might be or there might not.
      It depends whether any affiliates from UK ordered CEMs already.
      CEM locator should soon be available on Karatbars website – it will be easy to see where CEMs are available around the world.

      So, just a little patience for now 🙂

      Reply

    • Margarita

      I think people would want to share their CEM with as many people as possible — it’s only benefiting them 🙂

      And yes, CEM locator should soon be out. So, we’ll know where CEMs are located around the world!

      Reply

        • Margarita

          Hi Scott,

          I apologize, I don’t have info of an exact location.
          As you can imagine, there are many people who want to exchange QR codes to gold, so the location is kept more private.
          If you know anyone who lives in the area or Minnesota, they may be able to direct you.

          Have a magical day 🙂

          Reply

  5. Sunday Adedayo

    Good day to you.
    I like to know how to change my KBC to QR in order to exchange for cashgold.
    Are there CEM machine in Canada?
    The January 2020 promise of 75 KBC to exchange for 1gm of gold is like is not going to happen soon?
    Thanks for this opportunity.

    Reply

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