What is Digital Gold? Learn how to buy it through Google Pay, PhonePe?

Investing in gold has been the first choice of Indians for a long time. People usually buy gold ornaments or coins from the nearby shop. However, since the time of the Corona epidemic, people have started using the Internet more than ever.

What is Digital Gold? Learn how to buy it through Google Pay, PhonePe?

Investing in gold has been the first choice of Indians for a long time. People usually buy gold ornaments or coins from the nearby shop. However, since the time of the Corona epidemic, people have started using the Internet more than ever. Now buying and selling of gold online has also started. For the time being, here we are going to tell you about digital gold and how to invest in it.

What is Digital Gold?

Simply put, the digital version of physical gold is called digital gold. The special thing about digital gold is that even a small piece of it can be bought for as low as 1 rupee. For investing in physical gold, customers get the option of grams. It is not possible for everyone to invest in it. At the same time, more and more people can invest in digital gold keeping in mind their budget.

The safety of digital gold is also more than that of physical gold. Till then it is safe. Until you sell it. Some platforms also offer an option to redeem digital gold for physical gold. Popular e-commerce companies are now giving customers the option to buy digital gold in just one click. The names of Google Pay and PhonePe are also included in these platforms.

Buy gold through PhonePe like this:

- First set up your PhonePe account.

After that scroll down and come to the investment category.

Then click on Buy 24K Gold.

After this, select the gold coin that you want to buy from the list. Or you can also easily add the amount that you want to spend to buy gold. The special thing is that you can buy gold here even for 1 rupee.

After that make the payment from your bank account.

Buy gold using Google Pay like this:

- Set up your Google Pay account and add your bank account.

After that scroll down and come to the Gold Locker.

After this click on Buy Gold and enter the amount to purchase. Let us tell you that you can also sell gold at any time.

Note- Before making any kind of investment on any digital platform, read the terms and conditions thoroughly.