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What are Digital Wallets?

Digital Wallets

Learn about digital mobile wallets with our guide.

Mobile wallets can send money and pay while purchasing things online.

 

You often receive cashbacks and offers while paying through these wallets.

 

You can also use these wallets to pay utility bills like electricity bills, telephone and mobile phone bills and recharge, gas bills, internet and cable connection charges etc.

Now, these wallets can also be used to buy gold. Yes, you can buy virtual gold through mobile wallets.

 

What is virtual? 

Virtual is something that you cannot see in physical form or touch.

If something is virtual, you cannot see, feel, or touch it.

Just like the money in your bank account. It’s there, but you can only see it in the form of numbers until you withdraw it.

Similarly, the gold you buy through mobile wallets is virtual gold.

These mobile wallets have a Digital Gold Wallet where you can purchase even for as low as Rs.10.

  • This is the purest form of gold, and its value rises with the price of gold.

 

  • This is Virtual Gold that can be used as an investment.

 

  • The value of your investment also declines with the gold price.

Let's learn about the characteristics of Digital Gold Wallets!

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