| Hi Friend,
As you know by now, there are many moving parts to the Karatbars eco-system. On one hand it makes for a truly significant and exciting opportunity when you catch the vision and see the capabilities which have already been put together and which continue to advance.
On the other hand it can be a bit of a learning curve which takes some time to adjust to. So let me shorten that learning curve for you today and share my experience and what I know so far, to help you along. I have been very active in all aspects of the eco-system.
First: What's the difference between KCB and KBC? This took me awhile to get straight. I remember it this way (my own method and not company approved or technically correct!)
I remember KCB by using this mental association: Karatbars Company Blockchain coin. The real name is the Karatcoin Bank Coin and that's easy enough to remember but it's confusing because it makes you think its issued by the 'Bank' (like KBC) and it's not (yet). This is the coin/token which the company issues. It is currently valued at 0.14 Euro or 0.16 USD. You get these as bonuses in your package purchases and you also get them free for activity in your team. You can also buy them in the KaratBit Exchange.
In October the KCB will merge with KBC and the new Mainnet Blockchain is rolled out. Both will then be backed by gold and tied to the global market price for gold which means it will be stable with a lot of upside potential.
KBC on the other hand is the 'Karatgold Coin' which doesn't reflect the letters KBC in the name. So I associate it with the term: Karatbars Bank Coin which is issued by the Karatbars bank which is stockpiling gold and gold mines and will soon be open for taking in new accounts as any bank would. The KBC coin will be announced in July as being backed by gold at that time. Right now KBC is trading on various exchanges slightly above 0.04 USD. I tried buying this on the KaratBit exchange with no luck. Everyone there is buying and nobody is selling so no sales transactions are happening there at this time it appears.
I encourage people to accumulate as much of either coin as possible. Why? For example: Right now 1 gram of gold is around, let's just say $60. In October when the coins merge and both are backed by gold at the rate of 100 KBC or KCB = 1 gram of gold, that would mean each coin is worth $0.60 each. If you bought now at $0.16 that means in October after the merger and launch of the Mainnet blockchain by Karatbars, going from $0.16 to $0.60 represents a 375% total return. Not bad for six months.
Here's how to get KCB on the KaratBit exchange.
From your Karatbars back office you go to: Product Purchase > Cashgold > Karatpay Cashgold and purchase your cashgold in any quantity. Do NOT get the cashgold bundle. Only the Karatpay cashgold. This will go into your account right in your back office.
Now that you have cashgold, you want to go to KaratPay > load Ewallet. Here you will use your cashgold after the wallet is loaded, and buy 'Univals' which is the equivalent of 0.1 gram of gold. Once complete your KaratPay wallet should show your univals.
Next, go to KaratBit exchange at Karatbit.com and get set up there. Be alert and see where it says 'If you are already a customer...' and just click there instead of registering a new account.
You will use your univals here to do an 'Exchange' for KCB. On the KaratBit dashboard click on 'Univals' and 'Exchange' the number of univals you have for the KCB coin which will be the only option available. Complete the exchange and the KCB will appear in your account on the dashboard. You are now positioned for the big announcements!
That's pretty much it.
Go get your cashgold and start accumulating your KCB coin!
We'll be celebrating come October!
More later,
Mark
P.S. Buying KBC requires acquiring BitCoin and using BitCoin to fund an external exchange account which is easy enough for those who are disposed to do it. If you want help with that, let me know. You should have at least $5000 in cash or BTC to go that route.
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