4 Benefits of Using a Gold Buying App

gold buying app

We’re ordering food, taking photos and opening bank accounts from our smartphones, so why not also buy gold? Thanks to the Minted gold buying app, your favourite precious metal will soon be accessible (literally) at your fingertips! 🎉

Minted is currently only accessible through desktop, but we will soon be releasing our app that will allow you to buy gold from anywhere and at any time. In this post, we’ll be covering the main benefits of using a gold buying app like ours!

 

What does the Minted gold app do?

The Minted gold buying app is scheduled to be released soon, and we couldn’t be more excited. Why are we launching an app?

We built Minted with the objective of making gold accessible and affordable to everyone. In the past, investors had to commit large amounts of money, pay high fees and sign long term contracts in order to invest in gold. Although modern investors now have more flexibility, most gold dealers are not transparent about their fees and overcharge their customers.

That’s why we wanted to create something different: a gold platform and app that is transparent, low-cost and flexible. With Minted, anyone can buy gold with just £30 and start contributing to a monthly savings plan. And it truly is physical gold: at Minted, we only buy 10-gram bars of gold which we store in a security vault. That means that once you’ve accumulated 10 grams worth of gold, you can get it delivered and only pay for shipping costs – unlike other gold dealers that will also charge you “fabrication costs” for smelting the gold into smaller pieces.

With the Minted app, you’ll be able to set gold goals, sell your gold in a few taps, earn fun rewards and prize and even gift gold to your friends other people.

Learn more about the soon-to-be-launched Minted app!


Benefits of using a gold buying app

1. Buy anywhere, at any time

The main advantage of using a gold buying app is that it’s incredibly easy and convenient to use. You won’t need to wait until you log into your desktop or laptop – you can buy and sell from your sofa, gym or on a hike! 🌄

It also means you’ll always have access to your gold and you’ll be able to check how it’s doing at all times (if that’s what you want to do). In addition to that, we’ve made our app very straightforward and easy to use: you won’t see any complicated graphs or maps, and we walk you through the buy and sell process. With your phone, you’ll be able to set up a Minted account in minutes, since verifying your identity will be even faster than before (you just need to take a selfie!).

2. Save money and time

With a gold investment app, you don’t need a computer or a laptop to buy gold; you just need your phone. Although it’s likely you’ve already got a laptop, using a phone means you won’t be as reliant on that pesky wifi or someone else hogging the screen. Since you’ll be able to buy gold at any time, you’ll also be saving money by buying whenever you choose rather than waiting till you get to a desktop.

At Minted, we also offer some of the lowest prices on the market. Here is a comparison table of our prices with some of the other well known gold dealers in the UK:

% on top of spot price

 

Minted

Gold Dealer A

Gold Dealer B

Gold Dealer C

Gold Dealer D

10g

8.5%

19.44%

14.34%

12.95%

27.84%

50g

8.5%

13.85%

10.39%

11.34%

N/A

100g

7.5%

10.90%

9.27%

10.42%

11.04%

250g

7.0%

10.42%

8.96%

9.65%

N/A

500g

7.0%

9.97%

8.56%

9.24%

9.96%

1kg

6.5%

9.52%

8.20%

10.25%

9.08%

 

3. Give the gift of gold

With a gold buying app, you can sync your phone contacts and send your friends and family members gold!

This may not be something you can do with any gold app, but it’s something we’ll be offering on ours. With Minted, you’ll be able to transfer gold to any of your friends, even if they don’t have a Minted account. Once they receive the gold, they’ll be able to use it for their own investments or decide to create a Minted account.


4. Remain secure

Apps are designed specifically for mobile phones, which means it’s safer to use an app than to use a browser. With an app, you’ll also be able to keep a close eye on your gold, and can even choose to receive text alerts depending on how your gold is performing.

At Minted, our app is protected with the utmost security – we are regulated by the FCA and implement cyber insurance, gold insurance and professional indemnity insurance. We are also independently audited by Alliotts and work with a refinery that is on the LBMA’s Good Delivery list.


Getting started with Minted

We haven’t launched our app yet, but you can still get started with our desktop platform. We’ve made the process as simple as possible: click on the button below to create a free account and you’ll be able to buy gold in no time. With the Minted savings plan you’ll be able to get started with £30 per month and enjoy up to 12 months of free gold insurance and storage!


With Minted, you’ll have access to some of the best rates on the market, and you will truly own the grams of gold that you buy. Want to be the first to know when our app launches? Create a free account with Minted and you’ll receive an update when it’s live. In the meantime, you can also follow us on Instagram, Twitter and Facebook!

Araminta Robertson

Araminta Robertson

Araminta is a financial writer and self-professed Fintech nerd. She likes writing about investing, the future of payments and of course, gold.
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Disclaimer: Gold prices can fluctuate over time and may increase and decrease. The Minted App Ltd does not accept any responsibility for any loss caused by information provided on the website. Minted is not an investment advisor and recommends doing research before making a purchase.