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GoldBee Review 2026: Digital Gold and Silver in India

GoldBee is an app for buying, selling, saving in, or requesting delivery of digital 24K gold and silver in India. Its model relies on external gold, vaulting, and insurance partners, while detailed fees and protections are not published.

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

5.8/10

Mixed

Visit Goldbee

Our verdict on Goldbee

5.8/10

GoldBee may suit India-based users who want app-based access to digital gold or silver and value the option of coin delivery. Its clearest strength is that it names the companies involved in buying, storing, and insuring the gold. The main caveat is that partner names alone do not explain the precise ownership, insurance, or insolvency protections available to customers. Fees and the buy-sell spread are also not clearly published, so compare the app's quotes and terms before buying.

Score breakdown

How Goldbee scores

Security: 5.0/10
Ease of use: 7.0/10
Fees: n/a
Features: 6.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Goldbee?

GoldBee is an India-focused app for buying and selling digital 24K gold and silver. It also advertises the option to convert digital gold into physical 24K coins for delivery across India.

The service relies on external partners: GoldBee says Augmont buys gold for customers, Sequel stores it in a secure vault, and ICICI Lombard insures it. GoldBee describes the vault as SEBI-approved, but that statement is about the vault, not evidence that GoldBee itself is regulated by SEBI.

This setup may suit people looking for app-based precious-metal purchases without arranging storage themselves. It is not described as a blockchain product, and customers should understand the partner and custody arrangements, pricing spread, and delivery terms before using it.

How Goldbee works

GoldBee presents itself as a digital precious-metals service rather than an on-chain exchange. According to the company, users add funds to a special Yes Bank collection account, and its gold partner, Augmont, uses those funds to buy gold in the customer's name. GoldBee says the gold is stored in a Sequel vault and insured by ICICI Lombard.

Users can buy, sell, or save in digital gold and silver through the app. GoldBee also says digital gold can be converted into 24K coins for delivery in India. The homepage does not explain the detailed process for recording customer ownership, selling silver, or making an insurance claim, so users should read the current terms before committing funds.

4 features

Key features

Digital gold

The app offers investment in 24-karat gold, which GoldBee describes as having 99.9% purity.

Digital silver

GoldBee also advertises digital silver, though it provides fewer details about the silver product's purity and custody.

Buy and sell

Users can sell their holdings. GoldBee notes that the sell price is lower than the buy price, but does not publish the spread.

Coin delivery

GoldBee says users can convert digital gold into 24K coins delivered to addresses across India.

Pros and cons

What we like

Offers both digital gold and digital silver in one app.
GoldBee states the gold is 24-karat and 99.9% pure.
The company identifies its gold-purchase, storage, and insurance partners.
GoldBee advertises the option to sell holdings and request delivery of physical gold coins.

Watch out for

GoldBee does not publish a detailed fee schedule or the size of its buy-sell spread.
The gold is held by a partner and a vault, so users depend on those companies and the arrangements GoldBee has with them.
GoldBee does not publish an audit or detailed information about the insurance coverage and its exclusions.
Public sources do not explain how customers' ownership is documented or what happens to their holdings if GoldBee or a partner becomes insolvent.
Physical delivery is limited to addresses in India, and delivery charges or other conditions are not stated.

Goldbee fees

GoldBee does not publish an itemized fee schedule or specify commissions, delivery charges, or the exact buy-sell spread. Its homepage acknowledges that the sell price is lower than the buy price. Check the app's displayed buy and sell quotes and terms before transacting; the total cost of delivery is not stated.

Is Goldbee safe?

GoldBee says customer funds are routed through a special Yes Bank collection account, Augmont buys gold in the customer's name, Sequel stores it in a secure vault, and ICICI Lombard insures the gold. These are company descriptions; the homepage does not provide policy terms, coverage limits, exclusions, or enough detail to assess how customer ownership is handled if GoldBee or a partner fails.

GoldBee does not publish an audit or detailed information about its regulatory status. Its description of a SEBI-approved vault should not be taken to mean that GoldBee itself is SEBI-approved. Review the app's legal terms and the applicable local rules before investing; physical-metal products also carry partner, custody, pricing, and redemption risks.

5 steps

How to get started with Goldbee

1
Visit GoldBee's website and follow its directions to access the app.
2
Review the terms, eligibility requirements, and the current buy and sell quotes before adding funds.
3
Add funds using the payment process shown in the app. GoldBee says funds go to a dedicated Yes Bank collection account for gold purchases.
4
Choose the gold or silver product and review the order details before confirming.
5
To exit, check the app's sell quote and redemption process, or review the conditions for requesting delivery of gold coins.

Open Goldbee

Who Goldbee is for

GoldBee is aimed at people in India who want to buy, sell, or save in digital precious metals through an app, with an option to request physical gold coins. It may be less suitable for users who want transparent fee schedules, independently documented custody protections, or a blockchain-based asset.

Goldbee FAQs

Can I get physical gold through GoldBee?

GoldBee says users can buy and sell digital 24K gold and silver, and request delivery of 24K gold coins. It describes delivery as available across India, but does not publish delivery charges or all delivery conditions.

How does GoldBee store and insure digital gold?

GoldBee says funds are sent to a special Yes Bank collection account and used by Augmont to buy gold in the customer's name. It says the metal is stored in a Sequel vault and insured by ICICI Lombard; users should check the app's terms for the specific ownership and claim arrangements.

Is GoldBee gold backed by physical gold?

GoldBee's homepage says its digital gold is 24-karat gold with 99.9% purity. Its stated process involves a gold partner buying gold for the customer, rather than describing a blockchain token or an on-chain claim.

What fees does GoldBee charge?

GoldBee does not publish an itemized fee schedule or the exact difference between its buy and sell prices. Compare the displayed buy and sell quotes and review the terms before placing an order.

How do I sell gold on GoldBee?

GoldBee says customers can sell their holdings, but its homepage does not give settlement times or explain the full redemption process. Check the current terms and quoted price in the app before selling.

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