Tether Gold Price Up 3.2% This Week (XAUT)

Tether Gold (XAUT) traded 1.6% higher against the dollar during the 1-day period ending at 10:00 AM Eastern on February 10th. One Tether Gold token can currently be bought for about $2,907.05 or 0.02992151 BTC on exchanges. Tether Gold has a market capitalization of $140.85 million and approximately $5.78 million worth of Tether Gold was traded on exchanges in the last 24 hours. In the last seven days, Tether Gold has traded 3.2% higher against the dollar.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• GMX (GMX) traded 5.1% higher against the dollar and now trades at $24.17 or 0.00024879 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1% higher against the dollar and now trades at $97,070.49 or 0.99912169 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 6.3% against the dollar and now trades at $93,818.18 or 0.96564642 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Tether Gold Profile

Tether Gold launched on January 23rd, 2020. Tether Gold’s total supply is 246,524 tokens and its circulating supply is 48,450 tokens. The official website for Tether Gold is gold.tether.to. Tether Gold’s official Twitter account is @tethergold and its Facebook page is accessible here.

According to CryptoCompare, “Tether Gold (XAUT) is a digital token representing ownership of one troy fine ounce of physical gold on a specific gold bar. It is a stablecoin tied to the value of gold, created by Tether, the company behind USDT. Tether aims to facilitate the use of fiat currencies digitally by creating tokens pegged to different assets. Tether Gold provides the stability of gold and the flexibility of cryptocurrency, allowing users to own gold without storage costs or handling inconveniences. XAUT can be used as a stable value store, means of transaction, and proof of digital gold ownership. It can be transferred to any on-chain address and diversifies a digital asset portfolio. Tether Gold is a project of Tether Ltd., founded by Reeve Collins, Craig Sellars, and Brock Pierce, part of the Tether Holdings Limited group.”

Buying and Selling Tether Gold

It is usually not possible to buy alternative cryptocurrencies such as Tether Gold directly using U.S. dollars. Investors seeking to acquire Tether Gold should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tether Gold using one of the exchanges listed above.

XAUT/USD price chart by TradingView