What are the detailed steps to start Digital Gold App in South Africa?
How to Start a Digital Gold App in South Africa: A Step-by-Step Guide As digital finance continues to revolutionize the global economy, digital gold platforms are gaining significant traction. In South Africa—where there's a growing interest in alternative investments and fintech innovation—launching a Digital Gold App presents a lucrative opportunity. However, it also requires thorough planning, regulatory adherence, and robust technical implementation. This article explores the detailed steps involved in launching a digital gold application in South Africa, from legal foundations to product launch and growth. 1. Market Research and Feasibility Study Before investing time or money, conduct in-depth market research to understand: The demand for digital gold in South Africa. Your target demographic (e.g., millennials, retail investors, Islamic finance customers). Competitor landscape (local and international players like Troygold, The South African Mint, and Gold...