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Spare8: Revolutionising Wealth Building Through Digital Gold Investment

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Shantanu Arora
Spare8: Revolutionising Wealth Building Through Digital Gold Investment

Young investors constantly seek innovative ways to grow their wealth in today's fast-paced world. Traditional investment methods often come with complexities and barriers that can be discouraging, especially for those just starting their financial journey. But what if you could invest your spare change effortlessly and watch it grow into a valuable asset? Enter Spare8, the groundbreaking gold investment app revolutionising how people invest and providing answers to which of these facts is true about digital gold


The Rise of Digital Gold: A Smarter Way to Invest


For good reason: digital gold has taken the financial world by storm. It offers investors a unique opportunity to own a piece of one of the most coveted assets in the world without the hassle of physical storage or high transaction costs. The concept is simple yet powerful: you invest in gold, and your investment is backed by actual gold bullion stored securely in vaults. 


Which of these Facts is True About Digital Gold?


Effortless Savings with Spare8:


One of the standout features of Spare8 is its ability to turn everyday transactions into investments. Whether shopping online, grabbing coffee, or dining out with friends, Spare8 rounds up your digital payments to the nearest Rs 10 and invests the spare change into digital gold. It's like saving effortlessly with every purchase, ensuring you capitalise on every opportunity to invest.


Earn and Grow Together with Spare8:


Spare8 understands the power of community and rewards you for bringing your friends on board. With the Refer and Earn scheme, you and your friends can win free gold worth up to ₹500. This makes wealth-building a social activity and boosts your investment portfolio without spending a dime.


Gamify Your Investment Journey:


Spare8 offers a unique gaming feature that adds an element of excitement to your investment journey. By auto-investing just Rs 10, you can win rewards worth up to Rs 100. 


The Unrivalled Benefits of a Gold Investment App


One of the most compelling reasons to choose Spare8 as your digital gold investment app is its performance. Digital gold has consistently outperformed other asset classes, with the potential for a 16% return on gold leasing. This includes 11% average market returns plus a 5% fixed return from Spare8. This combination of growth and stability is a powerful motivator for young investors looking to build their wealth over time.


Moreover, Spare8 offers unparalleled flexibility. You can invest as little or as much as you want without worrying about lock-in periods or complicated redemption processes.


Security You Can Trust


Spare8 has partnered with Augmont to ensure that your investment is backed by physical gold of the same value, securely stored in Augmont vaults. 


Furthermore, Spare8 employs 256-bit encryption, the same level of security used by banks to protect against fraud.


Conclusion: Unlock Your Wealth-Building Potential with Spare8

Now we know which of these facts is true about digital gold and learnt that Spare8 is not just a gold investment app; it's a financial tool designed to empower young investors to take control of their financial futures.

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Shantanu Arora
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