KaratGold Coin Combines the Advantages of Cryptocurrencies and Gold
In 2017, the price of a Bitcoin reached parity with gold (per ounce), attracting the attention of gold investors around the world. With the current cryptomania, interest in the concept of gold-backed cryptocurrencies has risen sharply. Cryptocurrencies are increasingly gaining in importance. They are particularly interesting because they are not influenced by central banks. The influence of political interests on the value of currencies makes classic currencies an incalculable risk for many investors. The most secure investment in the world is still the precious metal gold.
Karatgold Coin issuance and execution
The Karatgold is now issuing a gold-secured cryptocurrency: the Karatgold Coin. This combines the advantages of quickly tradable, high-tech currencies and the security of the precious metal gold. Here, KBC transactions are executed by the reliable Blockchain technology.
As of now, you can buy Karatgold Coins. Initially, the bank will be granting time-limited price reductions. 1000 Karatgold Coins can be purchased in the introductory period for 0.01 dollars, after which the price is expected to be 0.08 dollars, the value being naturally determined later, independent of the issuer, depending on supply, demand and the development of gold prices. So it is worth investing now, as investors get the most favorable conditions in the start-up phase.
Security of the new gold-indexed cryptocurrency
Gold-indexed Karatgold Coins are more secure than other cryptocurrencies such as the Bitcoin. The reason: they are linked to a gold value. The Karatgold guarantees for 10,000 Karatgold Coins a minimum value corresponding to 0.1 grams of gold. The number of coins is limited to 12 billion to prevent possible inflation. The coins are sold on the major digital currency platforms, such as Bithumb, Poloniex, Bitfinex or Bittrex.
Karatgold Coins as a stable asset
Now that Blockchain technology has been established as a secure trading method and Bitcoin has gained importance worldwide, a new era is beginning: that of the gold-backed cryptocurrency. The basic concept is a persuasive one. A digital coin representing a gold value is issued. The gold is kept with a trusted depositary and serves as a cryptocurrency hedge. Since Karatgold Coins are independent of political developments and crises, they are rightly considered to be a modern, stable asset.