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Hey, did you see that the Botim app launched a new feature for investing in digital silver? 😲 It means you can buy silver for just 10 dirhams from the app—no need to buy large quantities like before.
The important thing is that they partnered with OGold. The idea is that you can invest in silver easily through the app instead of going to gold shops and dealing with paperwork and traditional processes. After the success of digital gold (, which saw 128,000 transactions worth more than 100 million dirhams!), they decided to add silver to the group.
Honestly, the Botim app has always focused on making financial services easier, and this step matches the UAE’s move toward a “digital-first” financial system. Silver is now drawing new global attention as a store of value, and the market is expected to see a sixth consecutive annual deficit. That means demand is there, and the timing is right.
The point is that the Botim app is a smart move to expand investment options for regular people without complications. But let’s see how people will react to this new feature in the coming period 🤔