3.0.17 Safe to install
Embark on a journey of financial empowerment with Spare8. This platform aims to make investing in digital gold accessible to every Indian, regardless of age or income. With the innovative Gold Leasing feature, Spare8 offers the opportunity to invest in 24-karat digital gold and potentially earn impressive returns of up to 16%. The ability to withdraw or pause your lease at any time without any lock-in period adds flexibility to your investment strategy.
Spare8 makes gold investments more inclusive by allowing users to start investing with minimal amounts, even as low as Rs.1. By rounding off your digital transactions to the nearest 10 Rupees and converting the spare change into authentic digital gold, Spare8 helps you save and invest effortlessly. The platform's focus on automation ensures that your spare change is continuously converted into gold, fostering a habit of saving and investing with every transaction.
With Spare8, the onboarding process is swift and hassle-free. No intricate documents or KYC procedures are required – simply sign up, provide basic details, and set up UPI autopay from your preferred UPI app to begin your gold savings journey instantly. The platform prioritizes security by storing your 24-karat Digital Gold in SEBI-regulated digital vaults, partnered with trusted names such as Augmont and Paytm to ensure the safety of your investments.
Noteworthy features like the ability to pause round-ups, easy withdrawals with no charges or lock-in periods, and the option to control when and how you reinvest your savings make Spare8 a user-friendly and flexible platform for micro-investing in digital gold. Leveraging UPI 2.0 technology, Spare8 offers a seamless investing experience while prioritizing user privacy through end-to-end encryption.
If you're considering micro-investing in digital gold, Spare8 presents a reliable option for Indian citizens aged 18+ with a bank account. With no KYC requirements and easy withdrawal options, Spare8 is designed to cater to individual financial goals while prioritizing data security and privacy.
- FAQs:
- Is KYC required? NO
- Who can invest in Spare8? Indian citizens aged 18+ with a bank account.
- Is there a lock-in period? No. Withdraw your money anytime.
- Why trust Spare8? Your data is secured with end-to-end encryption. We prioritize your privacy.
Unlock a world of possibilities where your gold works for you by joining Spare8 today! Remember that investment in digital gold carries risks and should align with your individual financial goals. For further assistance or inquiries, feel free to contact us at [email protected] or Ph-+91 07304287848.
Overview
Spare8: Up to 16% p.a. on Gold is a Freeware software in the category Business developed by Spare8 (owner).
The latest version of Spare8: Up to 16% p.a. on Gold is 3.0.17, released on 04/15/2025. It was initially added to our database on 04/05/2024.
Spare8: Up to 16% p.a. on Gold runs on the following operating systems: Android.
Spare8: Up to 16% p.a. on Gold has not been rated by our users yet.
Pros
- Offers up to 16% annual returns on gold investments, which is attractive compared to traditional savings accounts.
- Provides a platform that allows easy tracking and management of gold investments.
- Gold is often considered a safe-haven asset, helping to hedge against inflation and currency fluctuations.
- The service is typically user-friendly, making it accessible for both novice and experienced investors.
- Diversification in investment portfolio by including gold as an asset class.
Cons
- Investment in gold may involve market risks; returns are not guaranteed and can fluctuate.
- High returns often come with higher risks; potential loss if market conditions change unfavorably.
- Limited control over the underlying asset, as the investment is managed by Spare8.
- Potential fees or charges associated with managing the gold investment through Spare8 could reduce overall returns.
- Requires a certain level of understanding of gold as an investment, which might be challenging for beginners.
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