Karatgold Coin price is $0.00055589
At present, Karatgold Coin (KBC) is being traded for a price of $ 0.00055589.
Karatgold Coin (KBC) is a blockchain-based cryptocurrency that is directly linked to physically deposited gold in the form of the so-called CashGold. Each KBC coin represents a certain weight of gold and can be exchanged for the physical gold at any time.
The development and creation of Karatgold Coin (KBC) can be attributed to Harald Seiz and Karatbars International. This Germany-based company primarily deals in selling small gold bars and gift items in gold bullion.
Karatgold Coin (KBC) operates by leveraging the security and versatility of blockchain technology. Each KBC coin unit represents a specific weight of real gold that can be converted into physical gold in the form of CashGold at any given moment. Since CashGold is a physical form of gold, it adds a new level of usability and real-world value to the Karatgold Coin cryptocurrency.
Karatgold Coin distinguishes itself by being directly linked to physical gold, a tangible and stable asset. Unlike many other cryptocurrencies that are prone to volatility due to market dynamics, KBC offers stability and peace of mind to its holders, courtesy of its direct connection to gold. This unique feature effectively makes KBC a form of stablecoin, albeit rather different from traditional USD-pegged stablecoins, seeing as it ties its stability not to a fiat currency, but an inherently valuable real-world asset.
At present, there are KBC coins in circulation.
Currently, the market cap of Karatgold Coin (KBC) stands at $ .
You can buy Karatgold Coin (KBC) at select cryptocurrency exchanges. It is highly recommended to do your due diligence and choose a reputable exchange from the CoinAll, Bitforex, Bit-Z list that supports KBC trading.
The best way to keep your Karatgold Coin safe is by using a secure digital wallet. Ensure that you keep your private keys offline and secret. Additionally, enable all available security features such as two-factor authentication for increased security. However, it's essential to remember that while these practices can increase your Karatgold Coin's safety, they cannot provide 100% security, as the risk of hacking or adverse market dynamics can never be entirely eliminated.
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