Invest in fractions than lumpsum: To invest in digital gold, one can start from a small amount. There is no upper limit value to invest in gold online.
Quality assurance:
Digital gold holders will own 24K pure gold, without any compromise in the quality. Safety and purity are assured.
Anytime redemption:
The investor can redeem physical gold units anytime. Digital gold can be redeemed in physical coins or gold bars. Also, the investor can opt for cash withdrawal out of their digital gold investment.
Digital gold as a hedging asset:
Digital gold investment is a good way to diversify the investment portfolio.
Secured gold investment:
Digital gold when purchased is stored in the secured vault. The responsibility of the digital gold is held by the seller.
Gold is the most prized possession for everyone. Also any auspicious occasion marks the purchase of gold. Purchasing gold online has now become the new alternative to invest in gold eliminating all safety risks. In the recent times of globalisation, digitisation is the new dynamic and so are online investments.
To invest in gold online means assured safety and guarantee of purity. Digital gold is the best alternative for any investor who prefers physical gold as a mode of investment. Every purchased unit of the digital gold comes with 24K 99.9% assurance. Online gold investment starts with Re.1. This means anyone from anywhere can invest in gold online at any time of the day.
An investor can invest in digital gold through the Chhota Nivesh Gold application which is available on the Google Play Store and App store. Download the app, complete the login process and then e-KYC. Once the investor purchases or invests in digital gold, the custodian places the gold in the safe vault.
When the investor decides to sell the purchased unit of digital gold, the exact quantity of gold is taken out from the vault. No investor should worry about the purity of the gold while purchasing it online. The gold is filtered through numerous quality checks before it goes to the vault. Digital gold can be sold online at the market price too.
Investing in digital gold is like ordering food online. By completing the e-KYC process, the investor is ready to invest in gold online. An investor can buy digital gold either by weight or by a fixed price based on the market rate of gold. An investor can request for the doorstep delivery of digital gold into physical gold in the form of coins or bullion. Although delivery fee and making charges are applicable.