In today’s digital age, investments and transactions have moved beyond the traditional brick-and-mortar systems, opening up new avenues and possibilities for users. One such innovative method is the facility to buy digital gold, commonly known as Digi Gold. This article delves into the concept of Digi Gold, explains the numerous online avenues to purchase it, and outlines a step-by-step guide on how to buy Digi Gold through the Airtel Thanks app.
What is Digi Gold?
Digi Gold, in essence, is a digital representation of physical gold. When you buy Digi Gold, you are buying pure gold electronically. This enables investors to invest in gold without worrying about its storage, purity, or even the minimum amount of purchase. Often stored in secure vaults by trusted partners, the ownership of this gold is electronically recorded, and you can sell or redeem your gold holdings at any time.
The flexibility to pay premium online has further simplified the process, making it easier than ever for investors to incorporate gold into their portfolios. Now, you might be wondering, how does one buy Digi Gold? Let’s explore.
Online Methods to Buy Digi Gold
Dedicated Gold Trading Platforms: Many platforms offer exclusive services where you can pay premium online to buy Digi Gold. Once registered, users can check live gold prices, invest accordingly, and even liquidate their holdings when desired.
Banking Apps & Websites: A lot of banks provide the option for their account holders to buy Digi Gold through their mobile apps or websites. Linked directly to your bank account, the process becomes seamless.
Mobile Wallets: Digital wallets are not just for money transfers or bill payments anymore. Many of them have partnered with gold suppliers to offer Digi Gold. It’s just like recharging your phone or paying a bill.
E-commerce Portals: Some e-commerce giants have also ventured into the gold trading sector. They offer Digi Gold as part of their financial products.
Buying Digi Gold through the Airtel Thanks App
Now, diving deeper into one of the platforms, let’s take a look at how to buy Digi Gold using the Airtel Thanks app, which offers an incredibly user-friendly interface to conduct the transaction:
Open the Airtel Thanks App: Start by launching the app on your mobile device. If you don’t have it yet, download it from your device’s app store.
Tap on the Banking Section: Once you are on the home screen, look for the banking section and tap on it. This section generally deals with all the financial services offered by Airtel.
Tap on the Digi Gold Icon: Within the banking section, you will find an icon specifically for Digi Gold. Tap on it to navigate to the Digi Gold dashboard.
Tap on Buy Gold Icon: Now, you will see an option to buy gold. Tap on this icon to proceed with the purchase.
Select to Buy Digi Gold in Grams: The app will offer you options, either to buy gold in terms of weight (grams) or to input a specific amount in your currency.
Or Enter the Amount of Your Choice: If you don’t want to buy in grams, simply enter the amount you wish to invest, and the app will convert that amount into the equivalent weight of gold based on the current gold rate.
Enter your MPin to Complete the Transaction: This is a crucial security step. Enter your MPin (a pin set for transactions) to authenticate and complete the purchase.
Avail Transaction Receipt with Details: Once your transaction is successful, the app will provide you with a detailed receipt of your purchase. Make sure to save this for your records.
The world is swiftly shifting towards digital solutions for almost every facet of life, and the realm of investments is no exception. The ability to buy Digi Gold and pay premium online has democratized gold investment, making it accessible to a larger audience. Whether you’re a seasoned investor or someone just starting, Digi Gold offers an easy and efficient way to add gold to your asset portfolio. The future is digital, and Digi Gold is a testament to that.