The New Gold ATM by Karatbars International Is Finally Here!

If you haven’t heard yet, Karatbars International, the company behind the cryptocurrency KBC, concluded the Gold Independence Day on July 4. Since then, KBC holders can finally convert their coins to Gold – making Karatbars the first cryptocurrency that is truly convertible to a valuable asset.

1 gram of pure gold is equal to 100 KBC worth of coins. Investors can receive their Gold in the form of CashGold via Karatbars’ very own ATMs. So how do these ATMs work? And how can you get a hold of them in the first place?

First of all, Karatbars affiliates and merchants can operate these ATMs. Karatbars International aims to distribute these machines to over 140 countries and hopefully place around 150 to 500,000 units after 2 years.

For those who are interested to install and operate the ATM, the complete package now costs €7,930. Once you operate the ATM, you are already considered a Karatbars affiliate, and you are entitled to a 3% share in every transaction.

For those who are wondering how the ATM works, know that the machine is specially designed to dispense CashGold. It also requires an Internet connection to function (so that investors and traders can easily convert KBC to CashGold from there).

So what is CashGold?

CashGold is basically Karatbars own version of paper money. Like bills, they are made from special paper. But of course, as CashGold, they are embedded with pure gold – and this is what KBC holders and investors get after converting their coins in the ATM!