Aug 16, 2018
A new cryptocurrency bank backed by gold has been announced by Karatbars, called Karatcoin Bank. It makes it easier to use a stable cryptocurrency as a true currency for purchases and for banking.
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Atlanta, United States - August 15, 2018 /PressCable/ —
A new cryptocurrency bank fully backed by gold has been announced by Karatbars, making it easier than ever before for people around the world to buy and invest in gold. Karatgold Bank is one of the world’s first cryptocurrency banks, and the Karatgold Coin are the world’s first cryptocurrency coins backed by gold.
More information can be found at: https://karatbars.com/landing/?s=goldinwealth&p=2
Karatcoin Bank will be one of the first crypto banks in the world to have a full license, and marks a key point in Karatbar’s plans to develop Karatgold Coin into a mainstream payment system for goods and services.
Karatgold Coin holders will have access to banking services using the cryptocurrency itself, and they can use Karatgold Coins in much the same way as more usual currency.
This combats one of the major flaws in big cryptocurrencies like Bitcoin. With Bitcoin, the major disadvantage is that despite its explosion in popularity, it is not a viable payment options for goods and services in most places in the world.
Karatcoin Bank will provide the solution to this, because holders will be able to easily bank with their coins. Karatcoin Bank is set to rise in acceptance and value around the world because of this.
Karatbars International was founded in 2011 as a company that specialized in the sale of small gold bars and gift items in gold bullion. Now it is developing into a multi-faceted platform with gold at its roots.
By aligning the value of its cryptocurrency with gold, it allows for a more stable currency that can be used as a practical form of money.
In addition to this, the Karatcoin Bank aims to set up over 1 million of its own ATMs worldwide, making it easier than ever to get involved in cryptocurrency in a powerful and stable way.
Full details can be found on the URL above.
Contact Info:
Name: Gary
Email: [email protected]
Organization: Wamogi Management Group LLC
Address: 400 West Peachtree Street Northwest, Atlanta, Georgia 30308, United States
Phone: +1-855-592-6644
For more information, please visit http://www.wamogi.com
Source: PressCable
Release ID: 393579
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