Connect With A Wealth Coach

How can your Wealth Coach reach you?

Thanks For Subscribing!

We'll send you interesting emails
about exciting investment options.
Oops! Something went wrong while submitting the form.
Investing Related

How To Gift Digital Gold Using Cube

Want to gift your loved ones something special this festive season? Check out this blog to understand how you can spread joy safely & digitally using Cube.

Priya Bansal
All

Gold is the go-to gifting option for special occasions in India. It is auspicious, valuable, safe and holds sentimental value for both the giver and the receiver. Because of the pandemic, however, stepping out to buy gold jewellery or coins is both unsafe & risky.


But just because you can’t step out of your home doesn’t mean you can’t gift your loved ones gold safely & digitally. This festive season, we at Cube want to assure you that gifting gold is still possible in a more efficient and simpler way. Read along to know more! 


What Is Digital Gold?


Digital Gold is one of the easiest ways to invest in physical gold.  While physical gold has its benefits, there are risks too – you need a place to store your gold safely and guard against it being stolen. You need to be trust the jeweller or goldsmith about the purity of the gold you’re buying. If you’re buying jewellery, there are always making charges.

Contrast this with Digital Gold – by its nature, its safe and easy to store. You’re trusting large institutions with regard to purity, not a local goldmith. And you can easily buy and sell in small chunks. That’s hard to do with traditional gold. 


Fun fact: 11% of the world’s gold reserves are owned by Indian housewives


Why Gift Digital Gold?


Some benefits of gifting Digital Gold:

  • No storage problems
  • No safety concern thanks to SafeGold
  • No transportation or delivery issues
  • Can be sent to anyone with an email id

How You Can Gift Digital Gold Using Cube


The easiest way to give your loved ones Digital Gold is through the Cube Wealth app. With Cube's partner Safegold, you can buy 24 karat gold in a safe and simple way. The Digital Gold you buy is backed by real gold, which is stored in a secure vault guarded by Brinks.


The best part? You can start gifting with an amount as low as ₹1000! The gifting process is very simple:


Step #1: Send your gift amount via UPI:



Step #2:
Send us an email at gift@bankoncube.com with:


  • Name of the person(s) you want to send the gift to.
  • Email id of the person(s) you want to send the gift to.
  • A message you’d like to send them.
  • A screenshot of your UPI payment confirmation.


We’ll send a personalized email to your giftees. The gift amount goes to their bank account after they invest in Digital Gold via Cube for the very first time.



If you send 10+ gifts before the 14th of November, 2020 Cube will add 20% to the value of your gift!*

So don't just distribute a box of dry fruits this Diwali. Download the Cube Wealth app or speak to a wealth coach to gift your near & dear one’s valuable Digital Gold today!


*T&C:

  • Gift recipient must not be a current user of Cube.
  • In the unlikely event that the recipient received multiple gifts, only the first one will be redeemed and the others will be refunded to the gifter.
  • *Cube will add 20% to your gift value capped at max Rs.500.
  • The minimum gift amount is Rs.1000

Priya Bansal

Curious about personal finance and all things money. Can either find me reading a book or dancing to a tune.

Top 5 Reasons To Try Our Powerful Investment App!
  • High Quality Mutual Funds
  • Top Notch Stock Advisory
  • Invest in U.S. Stocks
  • Alternative Investments
  • Low Minimum Investments

Grow your money without wasting time

on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!

Connect With A Wealth CoachConnect With A Wealth Coach