*Updated Oct 30, 2019
It’s time to talk about KaratCoin Bank coin (KCB) again.
What is KCB coin? The full name of KCB is KaratCoinBank Coin.
Like KaratGold coin (KBC), KaratCoinBank Coin is a blockchain-based cryptocurrency and is backed up by gold.
And if you are not aware yet, it’s one of the main products of Karatbars.
Until December 15, 2019, you can buy KCB only if you are a Karatbars affiliate or customer.
Key points on KCB
♠ KCB is designed to be used as a generally accepted electronic means of payment for all those who consider gold a secure and value-stable medium of exchange
♠ Because KCB coin is backed up by gold, it’s crisis-proof and has relatively little volatility compared to non-backed cryptocurrencies
♠ KCB was launched in September, 2018
♠ The current price of 1 KCB = 0.14 euros ($0.15)
The price of KCB is constant until December 16, 2019
On December 16, 2019, KCB will be merged with KBC (KaratGold coin) to create one single coin — gold-backed Gold Standard Coin
Gold Standard Coin (GSC) initially will be priced at 0.14 euros per coin — just like KCB coin today
♠ Until December 15, 2019, KCB coin is only available privately. Meaning, you need to be a Karatbars affiliate or customer to purchase KCB
♠ KCB is going to be listed on the first exchange after December 16, 2019
♠ KCB is linked to the first cryptocurrency bank, KaratCoin Bank. The bank was opened by Karatbars in Miami
- At the moment, the bank is working on the international, blockchain-based payment system
How to buy KCB coins
♠ KCB coins are no longer offered as a single piece
♠ Today, you can buy KCB coins through a Profit Package or Impulse K1 Package
NOTE: Different Profit Packages and Impulse K1 Packages contain different amounts of KCB coins
And yes, Impulse K1 Packages include that world’s first blockchain smartphone
♠ Essentially, to buy KCB, follow the steps below:
1. First, register with Karatbars. To register, scroll down and click ‘Buy KCB now‘
2. Once you are in your Karatgold backoffice, click on “Product Purchase”
3. Then select either “Profit Packages” or Impulse K1 Phone”
4. If you need detailed directions, follow this detailed tutorial to buy KCB
Difference between KaratCoin Bank coin (KCB) and KaratGold coin (KBC)
♠ The key difference between the two is that KaratCoin Bank coin (KCB) is more of a utility coin. While KaratGold coin (KBC) is more of an asset coin
♠ So, with KCB it’s better to conduct transactions
♠ While KBC is more like an investment
Got questions? Confused? Comment below or write me (Margarita) at email@example.com.