Forget the heavy chains and safety deposit boxes. Digital gold is revolutionising how young Indians invest in the age-old precious metal. But with so much information swirling around, it’s easy to get hung up on myths. Let’s set the record straight on which of these facts is true about digital gold and unlock the true potential of digital gold with Spare8, your one-stop shop for secure and profitable gold investments.
Myth Busters: Which of these Facts is True About Digital Gold
Myth 1: “Is Digital Gold Even Real Gold?”
Absolutely false! When you invest in digital gold through a reputable platform like the Spare8 micro finance app, you’re essentially buying actual gold securely stored in insured vaults. The quantity you purchase is reflected in the gold holdings, and you can even request physical delivery of your gold whenever you like.
Myth 2: “Is Digital Gold a Risky Investment?”
Digital gold offers a hedge against inflation, a common concern for young investors. Its value historically trends upwards, providing a safe haven for your money. Plus, Spare8 prioritises security with 256-bit encryption, the same standard used by banks, to safeguard your investments. Over the past decade digital gold has averaged a return of almost 11% Arr
Myth 3: “Hidden Fees and Storage Costs Drain My Digital Gold Profits”
Gone are the days of worrying about physical storage fees or getting ripped off by hidden charges. Spare8 boasts complete transparency with no transaction fees and no hidden platform costs. Plus, you don’t have to worry about theft or loss, as your digital gold is safely secured in insured vaults.
Myth 4: “Buying Digital Gold Requires Tons of Paperwork?“
Investing in digital gold is a breeze with the Spare8 micro finance app. Forget lengthy paperwork. Signing up takes minutes, and buying or selling gold is as simple as a few taps on your phone.
Myth 5: “Can I Really Trust the Authenticity of Digital Gold?“
Spare8 partners with Augmont, a leading secure gold storage provider. The gold holdings are regularly audited by independent bodies, ensuring complete transparency and peace of mind.
Unlocking Profits with Gold Leasing
Digital gold isn’t just about secure storage. It empowers you to make your gold work for you. Spare8’s innovative gold leasing program allows you to lease your holdings to jewellers for a fixed term, earning returns of up to 16% p.a. It’s like earning interest on your gold, maximising your profits without lifting a finger.
Why Choose Spare8? Your Gateway to Smarter Gold Investments
Spare8 is more than just a digital gold platform; it’s an ecosystem designed for the modern investor. Here’s why you should choose Spare8:
- Seamless Buying, Selling, and Leasing: Manage your gold investments effortlessly through the user-friendly Spare8 app.
- Micro-Investing Made Easy: Start small with just 0.5 grams of gold, making gold investment accessible to everyone.
- Unmatched Security: Rest assured, knowing your gold is secured in insured vaults with 256-bit bank-grade encryption.
- Competitive Returns: Earn up to 16% p.a. by gold leasing and maximising your profits.
- Complete Transparency: Enjoy real-time market pricing and detailed transaction history for complete control over your investments.
Ready to join the digital gold revolution? Download the Spare8 micro finance app and start investing smarter today!