Finance

Grow Your Money with Spare8: Micro-Investments in Digital Gold & Gold Leasing

gold leasing, microfinance app, benefits of digital gold

Forget the days of heavy gold bars and worrying about safe storage. Digital gold has emerged as a revolutionary way to invest in this timeless asset, offering convenience, security, and accessibility for everyone. Spare8, a pioneering microfinance app, takes it a step further by integrating a seamless digital gold ecosystem with the lucrative option of gold leasing thus advancing the benefits of digital gold as we know them.

Why Digital Gold?

Investing in physical gold often comes with hassles like storage risks and limited liquidity. Digital gold eliminates these concerns. Benefits of digital gold include buying, selling, and managing your gold holdings effortlessly through a secure app like Spare8. Spare8 uses Augmont’s secure vaults to store your gold, which is frequently verified by independent sources. Plus, you can request physical delivery of your gold investment anytime, making it a truly versatile option.

Benefits of Digital Gold on Spare8

Digital gold on Spare8 offers a multitude of advantages for young investors:

  • Real-time Investing: Track gold prices and invest instantly, allowing you to capitalise on market fluctuations.
  • Micro Investments: Start small with just Rs. 10, making gold investment accessible to everyone, regardless of budget.
  • Safety Guaranteed: Spare8 utilises 256-bit encryption, the same level of security employed by banks, to safeguard your investments.
  • Zero Transaction Fees: Unlike traditional methods, Spare8 boasts zero transaction fees, ensuring you get the most out of your microfinance investment.
  • Transparent Transactions: Detailed transaction history provides complete transparency and allows you to easily track your gold holdings.

Unlocking Additional Profits with Gold Leasing

Spare8 doesn’t just stop at secure digital gold storage. It introduces the concept of gold leasing, allowing you to earn passive income on your gold holdings. Think of it like renting out your gold! You lease your gold to partnered jewellers for a fixed term, typically earning returns of up to 16% per annum. This way, your idle gold works for you, generating additional profits just like interest on a deposit. Spare8 makes leasing gold as simple as a few clicks – you can start with as little as 0.5 grams!

Why Choose Spare8?

Spare8 isn’t just another micro finance app. It’s a comprehensive ecosystem designed to empower your financial journey. Here’s what sets Spare8 apart:

  • User-Friendly Interface: The app boasts a sleek interface, making it easy to navigate for even first-time investors using the microfinance app.
  • Round-Up Savings (Android Users): This unique feature (available for Android users) automatically rounds up your spare change on everyday purchases and invests it in digital gold, helping you grow your wealth effortlessly.
  • Building a Gold Ecosystem: Spare8 is more than just an investment platform. They’re building a complete ecosystem around gold. You can even use your digital gold holdings to get beautiful jewellery crafted by partnered brands.

The Perfect Investment Platform for Young Investors

If you’re a young adult looking to diversify your portfolio and explore new investment avenues, Spare8 is the perfect platform for you. It offers a secure, convenient, and profitable way to invest in gold, making it an ideal choice for beginners and seasoned investors alike. Visit the website to know more!

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