July 15, 2024
which of these facts is true about digital gold, gold leasing, digital gullak

which of these facts is true about digital gold, gold leasing, digital gullak

Which of these facts is true about digital gold, gold leasing, and the digital gullak?

  • You can invest in gold with a simple few taps on your phone – true (thanks to digital gold).
  • Your gold earns returns while you sleep – true (with gold leasing).
  • It’s a virtual piggy bank for the digital age – true (that’s the concept of a digital gullak).
  • You can begin investing in gold with just Rs. 10 – true (thanks to digital gold’s accessibility).

Intrigued? Read on to further uncover which of these facts is true about digital gold, the secrets of these innovative financial tools, and discover how they can empower your financial future!

Digital Gold: Convenience Meets Security

Forget the days of heavy gold bars and hidden safes. Digital gold lets you invest in this timeless asset with the utmost convenience. Buy and sell gold instantly based on live market prices, all from the comfort of your phone. Security is paramount – your gold is securely stored in insured vaults with partners like Augmont, undergoing frequent audits for complete peace of mind.

Gold Leasing: Turn Your Idle Gold into Active Returns

Digital gold offers a unique feature called gold leasing. Here’s the magic: you can lease your digital gold holdings to verified jewellers for a predetermined period. Essentially, your idle gold starts working for you, generating returns similar to how you earn interest on a deposit. Spare8 boasts returns of up to 16% p.a. on leased gold, significantly higher than what you might earn on a savings account or fixed deposit. That’s passive income at its finest!

The Digital Gullak: A Modern Piggy Bank for Your Gold Savings

Imagine a digital gullak, a virtual piggy bank where you can save gold bit by bit. This concept allows for easy, regular investment in digital gold, perfect for building your gold portfolio over time. With Spare8, you can even set up automated savings plans, putting your gold goals on autopilot.

The Process of Gold Leasing on Spare8:

Leasing your gold on Spare8 is a breeze:

  1. Download the app and sign up for a hassle-free account.
  2. Purchase digital gold, starting with as little as 0.5 grams.
  3. Choose the leasing term that suits you, typically ranging from 3 to 6 months.
  4. Sit back and relax while your gold generates returns of up to 16% p.a.

Why Choose Spare8 for Your Digital Gold Journey?

Now that you know which of these facts is true about digital gold, you’ll understand what makes Spare8 a pioneering platform. With its commitment to accessibility, transparency, and security, Spare8 offers a one-stop solution for all your digital gold needs. Whether you’re looking to invest small amounts regularly, build your digital gullak, or maximise returns through leasing, Spare8 provides the tools and features to unlock your financial potential. So, ditch the traditional methods and embrace the digital gold revolution with Spare8. Download the app today stat and lay the bricks to building your secure, profitable future, one gram at a time!