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Investing in Digital Gold: A Beginner’s Guide to Making a Fortune
Digital gold, also known as digital or e-gold, has become an increasingly popular investment option in recent years. With the ease of digital gold purchases online, it has become easier for investors to invest in digital gold and potentially earn a fortune. In this beginner’s guide, we’ll explore what digital gold is, why it’s worth investing in, and how to get started.
What is Digital Gold?
Digital gold is a form of investment that allows you to buy and hold gold online. It is a way of investing in gold without physically owning it. Digital gold is backed by physical gold, meaning that the value of digital gold is tied to the price of physical gold. Digital gold is an efficient and convenient way to invest in gold, as it eliminates the need for physical storage and transportation.
Why Invest in Digital Gold?
Investing in digital gold has several advantages. Firstly, it provides investors with exposure to the price of gold, which is a safe-haven asset that has historically held its value in times of economic uncertainty. Secondly, digital gold is a cost-effective way to invest in gold, as it eliminates the need for physical storage and transportation. Thirdly, digital gold can be bought and sold instantly, making it a highly liquid investment.
How to Invest in Digital Gold?
Investing in digital gold is a simple process. The first step is to find a reputable platform that offers digital gold purchase online. Once you have selected a platform, you must create an account and complete the KYC process. After your account is verified, you can proceed to purchase digital gold. The digital gold is stored in a secure vault on behalf of the investor, and the investor can sell the gold at any time.
Tips for Investing in Digital Gold
Here are some tips to keep in mind when investing in digital gold:
Choose a reputable platform: Make sure you choose a platform that is regulated and has a good reputation in the market.
Do your research: Understand the market trends and factors that affect the price of gold. Keep an eye on global economic and political developments.
Invest regularly: Investing in digital gold regularly can help you build a diversified portfolio and minimize risk.
Monitor your investments: Keep track of the value of your digital gold investments and sell them when the price is right.
Be patient: Investing in digital gold is a long-term strategy. It may take some time to see significant returns, so be patient and stick to your investment plan.
In conclusion, investing in digital gold can be a lucrative investment option for beginners. With the ease of digital gold purchase online, it has become easier to invest in digital gold and earn a fortune. By following the tips above, you can invest in digital gold confidently and maximize your returns.
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Buy Digital Gold With India’s Best Gold Investment App
Are you looking to invest in gold but don’t want the hassle of buying physical gold and storing it securely? Look no further than India’s best gold investment app — Spare8. With Spare8, you can easily buy and sell digital gold from the comfort of your own home.
Spare8 offers several advantages over traditional gold investments. For one, digital gold is more accessible and affordable than physical gold. Investors can buy and sell gold in small denominations, which makes it easier to invest even if you don’t have a lot of capital to start with. Additionally, digital gold is more transparent, which means you can easily track the value of your digital gold investment over time.
One of the best features of this gold investment app, Spare8, is the seamless digital gold investment experience it offers. You can easily buy and sell digital gold on the app with just a few clicks, without the need for storage or transportation. This means that you can invest in gold without the hassle of physically buying and storing it.
Another advantage of investing in digital gold through Spare8 is the high liquidity it offers, which makes it a flexible investment option. Unlike physical gold, you can easily convert your digital gold holdings into cash, providing you with quick access to funds whenever you need it. This makes digital gold a smart investment choice, particularly during times of economic uncertainty.
In such times, having access to cash reserves can be crucial for weathering financial challenges. Spare8’s digital gold investment platform offers a secure and regulated way to invest in gold with ease, and the high liquidity it provides adds to its appeal. Whether you want to invest for the long term or require cash in the short term, Spare8’s digital gold investment solution offers a flexible and convenient way to invest in gold.
Spare8 is also a secure and regulated investment platform. Your digital gold holdings are stored in secure, regulated vaults, and you have full ownership and control over your holdings. Plus, Spare8 is regulated by financial authorities, ensuring that they operate within strict guidelines.
With Spare8, you can also set up automated gold purchases, so you can invest in gold regularly without having to remember to do it manually. This makes it easier to build up your gold holdings over time and take advantage of potential long-term price increases.
Conclusion
Investing in gold can be hassle-free and secure with Spare8, making it the ideal solution for those who want to avoid the complexities of buying and storing physical gold. With its seamless digital gold investment experience, high liquidity, and secure and regulated platform, Spare8 stands out as the best gold investment app in India. So why wait, sign up now to start investing in digital gold effortlessly!
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Best Platform to Invest Digital Gold Online in India - Spare8
Digital gold investment in India has gained immense popularity due to the convenience and flexibility it offers. Thanks to the emergence of digital gold investing apps, investors can now easily buy and sell gold without worrying about storage and security issues.
Among the several digital gold investing apps available in India, Spare8 is a company that stands out. Its app allows users to invest in 24K 999.9 pure gold and offers the option of buying and selling gold in small denominations starting from just Rs.1. Spare8 is backed by industry experts who ensure the quality and purity of the gold.
The Spare8 app is user-friendly and offers competitive pricing, making it an ideal choice for anyone who wants to invest in digital gold in India. Additionally, the app offers secure storage for the gold, eliminating the need for physical storage and ensuring peace of mind for investors.
In conclusion, digital gold investment is an excellent way to invest in gold without having to worry about physical storage or security. With digital gold investing apps like Spare8, it has become easier than ever for digital gold investment in India. Moreover, digital gold investing apps offer several advantages over physical gold investment, making it an excellent option for diversifying one’s investment portfolio.
By using Spare8, investors can buy digital gold in small denominations, making it an accessible and affordable investment option for everyone.
#Invest in Digital Gold#digital gold investing app in india#digital gold investment app#buy digital gold in india#SPARE8
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Spare8 allow you to trade in small quantities, as low as 1 gram, which makes it accessible for even those with a limited budget. Additionally, with the emergence of online apps and tools, it has become easier than ever to buy digital gold with even small amounts of money. Download the Spare8 app and start investing in 24k digital gold right away - http://bit.ly/3rMhxiJ!
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Download the Spare8 app and start investing in 24k digital gold right away - http://bit.ly/3rMhxiJ!
#buy digital gold#digital gold#Invest in Digital Gold#digital gold investment app#digital gold investing app#spare8
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5 Facts and Myths Related to Digital Gold | Spare8
It is a known fact that there have arisen doubts and unfamiliarity when it comes to investing in digital gold. After all, we have been investing in physical gold all these years. But let us tell you that every new thing, in the beginning, brings with it apprehensions, hesitation, inhibition, and insecurity.
Questions like is there any risk in digital gold? Is digital gold better than physical gold? What are the benefits of digital gold? keep hovering if you decide to take the step ahead in investing in digital gold. If you plan to invest in digital gold but are stopped by the misconception surrounding the same, let us take you through some digital gold facts and bust those myths.
Myth 1- Online Gold isn’t Pure Gold
Spare8 gets you the purest digital gold you can ask for. When you buy digital yellow metal you are not just buying it online but from mediators assisting you in accessing the gold from top-notch companies. All these companies own goodwill and offer no risk. So, when you buy digital gold you are in fact buying it with no impurity risks as the product is high in liquidity. Spare8 has partnered with Augumont and Paytm to purchase the digital gold. Stay assured that the digital gold you purchase on Spare8 is stored in vaults secured by SEBI regulated independent trustees.
Myth 2- Digital Gold is a Bad Investment
Gold can never be a bad investment. Once you plan out a digital gold investment and invest accordingly you can actually get paid off quite handsomely. Falling stock prices can be backed up by digital gold investment as well as investment alternatives. It actually becomes a time to celebrate when golf rates increase and shoot out unexpectedly. Digital gold investment helps against economic downturns and recessions.
Do invest in Spare8 to get digital gold returns. We at Spare8 assure you that gold in comparison to diamonds or platinum has strong resale value and you can always consider it the best investment ever!
Myth 3- Digital Gold has Hidden Costs and Expensive Storage Fee
Spare8 is consumer-centric and believes in transparency. Once you purchase digital gold on Spare8 know that you are actually trading pure gold. No matter the amount you use for the purchase, every penny is invested in gold only! We only charge you GST cost at the time of investing and the digital gold is kept in high-end security storage for FREE with full insurance.
Myth 4- Purchasing Digital Gold Requires Comprehensive Documentation
Buying Digital gold on Spare8 is as simple as ABCD. The only requirement is the Spare8 app/website and an active bank account/UPI. In no time the gold is yours! We do not believe in dragging customers' time with unnecessary KYC procedures. The fact is purchasing physical gold from some jeweller is tiresome and time taking with the submission of all those documents and id proofs.
Myth 5- Digital Gold is not Real Gold
No matter how much you deny it, digital gold is real gold! As soon as your gold balance strikes a particular gram, you can convert it into a physical gold coin or jewellery. You have the flexibility to withdraw your savings and get it delivered at your home. You don’t get such freedom when you go out to buy physical gold.
Spare8, an awesome digital gold and the micro-investment app is here to help you invest and convert your spare change into gold without hassles. Enjoy the guaranteed 24K gold by Spare8. Start investing in digital gold if you haven’t and see your money grow in no time!
#investment in gold#digital gold#digital gold investment app#buy digital gold#Invest in Digital Gold#spare8
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5 Tips For Your Long-Term Investment Plan | Spare8
If you want to fight inflation, prepare for your child's higher education, or amass a sizeable retirement corpus, long-term investing is the way to go. Do you have any questions on how to proceed? The right approach that can keep you on solid financial ground and move you closer to financial freedom is to invest in digital gold. The top six recommendations for creating a fruitful long-term investing plan.
1. Understand your financial objectives: Think about your overall financial objectives before you start long-term investment. You can calculate how much money you'll need to reach your goals once you've identified them. It will help you organize your money, but more importantly, it will encourage you to put money aside and make investments.
2. Start Early: It's crucial to start early because long-term investing requires patience and dedication. Starting early is crucial for instilling financial discipline and allowing compounding to occur, as compounding multiplies the building of wealth. Additionally, it helps you expand your corpus.
By investing in digital gold today and having it be worth whatever the current value is afterward, you may, for instance, amass wealth in gold. There are several benefits to getting up early. It enables you to fight inflation and allows your money to grow over time.
3. Consider investing in long-term lock-in instruments :Purchasing instruments with a longer lock-in term is another way to maintain your investment over a long period of time. The lock-in has two purposes. Early withdrawals are not allowed, and compounding is allowed. Long lock-in periods apply to some financial products, including Digital Gold, Public Provident Fund (PPF), and National Pension System (NPS).
You will receive the value of the gold that you have invested in after a five- or seven-year lock-in period for digital gold. Either a lock-in period scheme or a short-term investment in digital gold is totally up to you. If at all possible, you should refrain from withdrawing.
4. Invest In Stock :In the short term, in especially, equities are very volatile. However, they have the potential to be more profitable in the long run and to outpace inflation. Short-term market movements might cause potential losses to become actual losses if you panic and give up.
Many investors choose to hold onto their assets for lengthy periods of time due to the allure of earning inflation-indexed gains from stocks. Additionally, they receive payment for it. The patience needed to remain committed for extended periods of time is also developed through equity investment.
5. Diversify your investments :Individual brilliance can help you win one or two games, but winning takes a team effort. Investing for the long term is the same. You shouldn't and can't rely on just one financial tool. Make sure to diversify your investments both inside and between asset classes, such as shares, bonds, and digital gold. Your portfolio can be stabilized and its risk and return are balanced with diversification. The best risk-mitigation strategy is optimal diversification. The fundamental financial theory of optimal diversification states that since each asset class is affected differently by market occurrences, it also boosts returns.
Regular evaluations are necessary for long-term investing. This is due to the fact that conditions alter with time. The evaluation will help you eliminate slackers and modify your investments to meet your goals. Investing for the long term has several advantages. The right approach can keep you on the solid financial ground and move you closer to financial freedom. If you haven't already, download the Spare8 app right away and start buying digital gold if you haven't already.
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Is digital gold better than investing in stocks?
Investors typically buy both of them at cheap costs and hold them until their predicted price increases are bigger. Investors typically buy in the stock market when values reach higher levels; during corrections, they frequently do not wait for the market to rebound. They must eventually sell them for a relatively modest price.
As a result, investing in gold is extremely safer and can help you make a sizable profit. With Spare8, you may begin your gold investment in a secure and safe manner. You won’t encounter any unneeded hassles here, and you may begin investing with just one rupee. Investing in gold is unquestionably the best alternative if you want to expand your wealth over the long term, as seen by the rising digital gold investment growth.
Contrarily, since stock investments depend on the expansion and profitability of publicly traded corporations, they may be riskier than gold investments. Typically, investors buy shares in a certain company, entitling them to a portion of that company’s profits.
Questions like how to invest in digital gold are frequently asked. Sovereign Gold Bonds, Gold EFTs, Multi Commodity Exchanges, and Digital Gold Wallets are the four ways you can invest in gold. Sovereign Gold Bonds allow investors the ability to invest in gold digitally because each bond primarily represents one gram of gold. Gold EFTs are essentially mutual funds, and the stock exchange is where most people buy their units. It is the greatest method for making modest gold investments.
The decision between investing in stocks or digital gold is highly individualized and also highly reliant on the investor’s level of risk tolerance. For people who are willing to take a somewhat high risk in order to optimize their rewards, stock investments may be the best option. For individuals who do not want to incur significant risks or who do not expect a quick payoff, investing in digital gold is a smart option.
The safest type of investment, nevertheless, is seen to be in gold. Due to this versatility, you can begin your investment journey in digital gold with Spare8. Since there is no lock-in time, if you invest now, you can withdraw it tomorrow as well. Here, 256-bit encryption will be used to protect all transactions.
#digital gold#investment in gold#Invest in Digital Gold#digital gold investment app#buy digital gold#spare8
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A Good Investing App Can Help You To Start Saving Money In an Emergency Fund!
During the time of the disastrous Coronavirus period, the need of having an emergency fund has shaken us once again. Emergency funds keep a proportion of our savings aside for unplanned accidents, disasters, medication, and many other important kinds of stuff.
At Spare8, you can not only invest each penny of your spare changes but also here you can start investing in gold online which is way more secure and safe.
Some of the benefits of having an emergency fund:
Can save you from debts: Emergency funds have come out to be good debt savers multiple times. And in Spare8 you don’t need to worry about the time of investment. Start investing today and withdraw it whenever you want to.
Encourages the habit of saving: Having an emergency fund also boosts the habit of saving money which is a good habit for future needs. In Spare8 you can buy digital gold and start saving for an emergency fund.
Provides you a Stress-free life: When you’re investing in an emergency fund it reduces your stress from multiple angles of life and also if anytime any misfortune happens you are ready to use your emergency fund anytime as in Spare8 there’s no such lock-in period.
Start investing in Spare8 today and enjoy multiple features of the app such as-
No more waste of time in the long KYC process
No lock-in period
No minimum or maximum limitations
You’re getting bank-level security with 256-bit encryption
You are getting 24k pure gold which is secured by a SEBI-regulated independent trustee.
These are just a few. To enjoy all these features together start your investment journey today only with Spare8.
#Investing apps in India#gold savings#digital gold#digital gold investment app#Best App For Investment#mumbai#spare8
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How Spare8 came out to be the best way of Digital Savings?
In today's time, it’s very essential to keep all the records of your savings and investments along with you. Spare8 provides you with that opportunity without any hazardous steps or troubles. Here you’re gradually building the habit of investment starting with any amount that suits your budget. This is how Spare8 became one of the best investing apps in India.
Spare8 has turned out to be one of the best investing apps in India by offering its customers help to invest their spare changes in digital gold after every online transaction they make. Some stunning key points made Spare8 reach its own goal, these are-
No Such Lower Limit
The thing that is unique about Spare8 is there is no such lower limit to invest so you can invest without any obstruction. You can even use the spare changes that you are left with after an online transaction to invest in digital gold.
2. No Lock-in Period
Here you don’t need to worry about any restricted deadline after investing. Spare8 offers you every single facility without any lock-in period.
3. High-Level Security
You’re given bank-level security, with 256-bit encryption. Spare8 makes sure that your investments are secured in vaults that are SEBI- regulated are also assures you about the 100% purity of gold.
4. KYC is not Mandatory
While using Spare8 it’s not even a mandatory step to complete the KYC which process saves customers time to drain out. Here you just need to complete some basic steps and you are good to go.
5. Proper Track Report
With Spare8 you can track the ultimate report of your investment and all other transaction from any corner of this world. With this process, you can plan your next moves accordingly.
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3 Things You Must Know About Digital Gold Before Investing!
For years people are investing in gold irrespective of festivals or any occasion as gold is always treated as an asset. However, in this era of technology, we must take the advantage of technology as well besides investing in gold and this process is called investing in digital gold. But before starting an investment you must consider some facts about digital gold. These are-
1. You must always look for a safer option in terms of security
2. You have to choose the perfect app or platform like Spare8 so that there is no lower limit to start investment and at the same time your gold is secured with bank-level security
3. Also if need to check the terms and conditions clearly about liquifying your gold. On Spare8 there is no such lock-in period and you can redeem your virtual gold anytime according to your needs.
These are some points you must look for before investing in digital gold. If you are thinking to start investing and searching for a perfect platform then you can visit Spare8.
Spare8 offers bank-level security with 256-bit encryption where your gold is secured in world-class vaults that are SEBI regulated. Also, there is no lower limit for starting investment, no KYC is required here, and in return, you get pure gold without any headache of maintenance or other worries.
#digital gold#buy digital gold#investment in gold#Investing apps in India#mumbai#spare8#online digital gold
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How Can You Buy Digital Gold In India!
For almost every special event or festival in India people tends to buy gold here. But in the era of digitalization, the investment in gold can also be processed digitally. However, you’ve to find out the best platforms for investing in today’s market first. And to make your research easier here we’ve enlisted a few most trusted platforms in India.
Amazon.in
In the e-commerce tech giant Amazon, you can start transactions even from Rs. to 30 Kg of gold without the need for any KYC.
Spare8.com
When it’s about digital gold buying, Spare8 is one of the safest platforms to trust and start a transaction. With Spare8 you grow the habit of unintentional investment every time you’ve left with spare changes after a transaction. Here also you can start investing without KYC. Spare8 offers you 256-bit encryption with bank-level security at the same time.
Groww.in
Groww is a six years old India-based well-known platform to invest in digital gold you’re about to start. Here you can purchase gold in grams starting from Rs. 10. Groww is one of the best platforms in today’s Indian market.
So if you’re about to invest in gold digitally keep your eyes on these platforms where you don’t need to have a huge bank balance to start the process.
#digital gold#investment in gold#digital gold investment app#best app for investment#best investment apps
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Best App For Investment In A Small Amount
There are a few benefits of investing in a small amount like you’re not pressurized to save and invest a big amount of money at a time. So Micro-investment apps open the door of investing money online to all. You’re good to go with a very little amount and grow the habit of investing with the benefit of affordability.
Systematic Investment:
Among the few investment options, systematic investment is way more popular now. It is good to hear that now every individual can invest money online and start with SIP having even a tiny amount of money. That's why it is safer than the risks of mutual funds.
Micro-Investment Apps:
Micro investment is the process to invest money periodically. So, on one hand, you are not bound to invest big amounts at a time and on the other hand, you can take the feel & advantages of investing even with a tiny amount periodically. So, Micro-Investment is considered one of the best ways of investment.
Easy Method To Invest:
The tech-savvy youngsters of the modern era want to explore everything online. So micro-investment apps are safe and easier options available to them. Thus their money is invested in stock shares and returned having a good margin. In this case, they don’t need any previous experience in stock markets, investments, or anything related to them.
So, if you’re in search of such an app then Spare8 can be a good fit for you. It offers you no lower margin to start investing with the facility of bank-level security and good return.
Visit Spare8 now & start your investment journey from today!
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The Future of Investing:Digital Gold
In this era of digitalization, when tech-savvy people are leaning all over to the digital world then why should digital gold buying be lagging behind? There are also a few advantages of buying digital gold such as you don’t need a Demat account or anything, you can just start by buying gold with the help of a UPI, debit card, etc. Also, you can use your digital gold to redeem physical gold anytime you want. This digital gold currency is the basic concept of today’s fintech giants so it’s certain that it’s the future of this digital era
Purity of Digital gold:
You don’t need to look back worrying about the purity of the digital gold buying because you are investing through a trusted source or app so it’s their duty to assure you about the quality of gold. Therefore the chance of getting the best quality gold is 100%.
Starting is very flexible:
We do have a concept that as gold is a pricey metal so we need to save a handsome amount before going to buy gold. But in terms of digital gold buying, you can even start with Rs.100 thus you will be left with premium quality gold in return for the money you’ve paid.
Effortless Transaction:
You don’t need anything extra, like a Demat account to invest in digital gold. You can easily do the needed transaction using your existed UPI account, debit card, etc.
Therefore, to bring yourself upgraded in this digital world you must think digitally and make your further moves in this digital world.
If you've made up your mind to invest in digital gold then Spare8 can be the safest option open to you as it’s one of the best investing apps in India.
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How can you gift gold and get delivery too?
Another wedding season has arrived, and if you're searching for a unique present, consider gifting digital gold. This is seen to be beneficial and might be a smart investment. There really is no danger of safekeeping of virtual gold, like there would be with real gold, and this is a wise approach to invest. Paytm is a platform where you can purchase digital gold. There is no such thing as a minimal or optimum budget. The individual who receives it may keep this, sell this, or transform it to actual coins as needed in the coming years.
What is Digital Gold?
There is always a question popping up that is what is digital gold. Digital gold, somehow like real gold, may be purchased online and maintained in secured lockers in favour of the consumer by any seller. Individuals have been dealing with gold for centuries, and this yellow metal has remained another of the world's most respected asset types. Aside from real gold, there seem to be other ways to invest within this yellow metal. In recent years, the rise in the online revolution has spread across the gold industry, introducing a new type of investment - virtual gold. For India, digital gold is indeed relatively new.
How does virtual gold work?
Several cellphone e-wallets, like Paytm, Spare8, as well as PhonePe, allow you to invest in virtual gold. Online gold investment is also available through brokers such as HDFC Securities as well as Motilal Oswal.
Throughout India, there are now three firms that provide digital gold-
Augmont Gold Limited
MMTC-PAMP India Private Limited, a joint project between the state-owned MMTC limited and the Swiss company MKS PAMP.
Digital Gold India Pvt/ Ltd, which operates under the SafeGold brand.
Applications and web pages like Spare8 , and others solely serve as a forum for metals trading firms SafeGold as well as MMTC PAMP. When you invest in virtual gold, such trading organizations buy an equivalent quantity of actual gold and deposit it in guarded facilities within your name.
The Benefits of Virtual Gold:
Storage:
You do not have to spend on a bank vault, security, or an extra Fixed Deposit account (FD). According to the marketers, virtual gold has been kept in an authorized, safe facility at no additional cost.
The convenience of investment:
You may begin with as little as Rs 100 and gradually increase your stake. Investing in actual gold demands a substantial sum of money. Gold gift ideas are really good.
Price uniformity:
Physical gold rates vary from place to place and jeweller from jeweller, however digital gold rates are consistent across the nation. Physical gold includes hefty manufacturing costs, but digital gold only has a 3percentage Goods and services tax.
Pureness:
Sellers emphasize that virtual gold investments are done in 24 Karat, 999.9 genuine gold. The expense of determining the purity of actual gold is extra. Gift gold box is really beneficial.
Redeem as well as Sell:
With the press of a mouse, digital gold crypto may be traded or refunded. You may sell virtual gold quickly, and the worth of your metal is promptly deposited into your savings account via a unique market-linked price that operates 24 hours a day, seven days a week. If you choose to redeem this holding, actual gold would be sent to your doorstep.
Immediate liquidity:
Virtual gold could be traded quickly, although actual gold may only be swapped or sold via a jeweller, or occasionally multiple jewellers.
Collateral:
Virtual gold could also be utilized as a security for loans.
Who should purchase Digital Gold?
Anyone who cannot manage to acquire real gold and who cannot spend large quantities of money on precious metal at the same time might opt for virtual gold. Virtual gold is guaranteed by 99.9 per cent 24-carat authenticity and therefore can be purchased for as little as 1rupees through the Spare8 application, which eliminates the need to store this in a secure location.
Everything you need seems to be the Spare8 application on your smartphone to get started. You may also invest automatically on this website. Virtual gold could also be purchased via several middlemen that assist the purchasing of virtual gold.
Digital gold may be bought as well as sold instantaneously with market prices, eliminating the need to visit many jewellery stores and request reductions on manufacturing charges! Other kinds of virtual gold, like Gold Securities and Gold Exchange-traded funds, are available for customers and have been controlled by the SEBI as well as RBI. While compared with SGBs, virtual gold appears to be a profitable investment alternative for short-term traders because of the ease of redeeming.
Unlike SGBs, digital gold currency may be purchased and traded instantly through the platform where it was purchased. SGBs, on the other hand, have an 8-year term, although they may only be encashed or redeemed after that fifth year from the date of issuance.
Whenever it relates to equity mutual funds, one must pay large expenditures to particular fund management organizations, which include expense ratios and other applicable charges. In short, digital gold appears to be a viable alternative for anyone looking to get started in the investing environment with simple investment possibilities. Another of the finest aspects regarding virtual gold is indeed the versatility it provides.
The ability to sell as well as purchase at any moment of the day, as well as the convenience of delivery, makes it an excellent choice for anyone who wishes to conserve gold for prospective usage.
There are numerous simple methods to acquire digital gold stock; another of them is the Spare8 Application, which allows you to invest in precious metal automatically in the simplest way imaginable. Spare8 can assist you in meeting your financial objectives by assisting you in saving money on a regular basis through transactions.
Conclusion
Digital gold India represents a really simple method to invest in gold. Based on the site you pick, you may even have your gold sent to your home as coins, bars, even jewellery. Most of this, together with the assurance of purity, storing safety, and the ability to acquire gold with minimal money, renders it a highly appealing method of obtaining gold within India.
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Best App For Investment in 2022
If you are in search of the best app for investment then you must be known that in today’s world investing online has become a way to make money online at a low cost with the opportunity to enter the world of the stock market even it doesn’t matter whether you’re a beginner or an expert at it.
“Investment” seems to be a risky deal!
We have an inbuilt concept that investing online is a tough and risky thing to attempt. But still, there are some companies whose work ethics denies this concept at the very beginning, there you need not think about risk factors or others, rather decide which sector you want to invest in and It doesn’t matter how small or the big amount you’re investing.
Here we’re introducing the best app for investment, Spare which makes your investment hassle-free and secured. It doesn’t matter how small or the big amount you’re investing, even you can start from Rs. 1. Yes! You heard it right, start with 1 rupee.
Points in your favour:
A big amount is not needed to invest.
Little investments will secure your bright future.
You get bank-level security with256-bit encryption.
Your purchase of gold is safe in world-class vaults by a SEBI-regulated independent trustee.
Advantages of the website:
The onboarding process in the app is very smooth, simple, and hassle-free
Availability of multiple payment methods, i.e Debit &Credit Cards, UPI, Net-Banking.
The most exciting part, “REWARDS” is coming soon!
Big brands like Paytm, AUGMENT, AMFI are our partners.
No matter where you’re on your investment journey, you can start from this moment and make your investments unintentional, burden-free still profit-making.
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