Digital Gold: How to buy Digital Gold?
Gold is considered to be symbol of wealth in India. India is the second largest consumer of gold in the world. Buying physical gold has been always top mode of investing in gold, but in recent times Digital Gold is gaining lot of popularity.
What is Digital Gold?
Digital gold is the new way of investing in gold without any worry of safety lockers. It’s just like buying physical gold online and is stored in insured vaults by the seller on behalf of the consumer. You can buy digital gold as low as Re. 1.
Main problems of buying and investing in gold 1. One needed to have good amount of money to buy gold. 2. Storage and safety 3. Trusted jeweller.
With Digital Gold these three problems have been resolved which makes investing in gold easy and safe.
How does Digital Gold Works?
In Today’s Digital age, you can buy Digital gold in just few minutes. There are several apps to buy Digital Gold, one of the best India’s top platforms is Augmont Gold for All.
You can buy Augmont Digital Gold from Augmont Website https://www.augmont.com/ or from Augmont Gold For All App
How to buy Digital Gold with Augmont?
You can easily buy gold digitally from website or you can also download the app Gold for All by Augmont - India's Best app for digital gold.
Once you’re logged in, perform the following steps –
Enter the amount you want of buying gold online or you can mention the quantity of gold (in grams).
Choose your payment options from Credit/Debit Cards, Net Banking, UPI, Wallet to Cash payment.
Once the payment is done the account you are using will be credited with the gold in sequel vaults backed by an independent trustee which is accessible 24/7.
With live market price, you can sell your gold whenever you want and gain profit.
You can also convert your digital gold into physical gold in just few minutes and get delivered at your home.
Benefits of Buying Digital Gold?
Buying and investing in digital gold comes with lot of benefits and due to which many people are now-a-days considering buying gold online. Below are the few:
a. No Storage Cost:
The main and biggest advantage of buying digital gold is secure storage. Unlike physical gold, there is no need to store it in any bank lockers. It is digitally stored in vaults by the company which is offering Digital gold.
b. Purity:
Purity plays vital role while purchasing physical gold. As digital gold is 24k gold with 999.9 purity there is no need to worry about purity.
c. No making charges:
Buying gold jewellery requires making charges but in case of digital gold there are no making charges.
d. No lower limit on investment:
Here there is no lower limit on investing in gold, one can invest in any amount of gold. If you invest in 100rs gold, you get that quantity gold only. Also, gold can be bought as low as re. 1.
e. Easy to exchange:
At any point of time you can exchange digital gold with physical gold like gold coins. Digital gold can be converted into physical gold. Physical gold will be delivered in doorsteps.
f. Convenience:
Consumers can buy and sell digital gold easily in just few minutes with their finger tips at any point of the day at live market prices.
Conclusion:
Digital gold has transformed the way gold has been bought in India. It can be liquidated easily unlike physical gold. It is very convenient and cost-effective way to invest in gold. One can buy and sell digital gold whenever and wherever they want at live market prices.