Tether Gold (XAUT) Trading 0.6% Lower This Week

Tether Gold (XAUT) traded 0.2% lower against the US dollar during the 24-hour period ending at 23:00 PM E.T. on November 1st. Tether Gold has a total market cap of $132.98 million and $7.06 million worth of Tether Gold was traded on exchanges in the last day. One Tether Gold token can now be bought for about $2,744.62 or 0.03939562 BTC on cryptocurrency exchanges. During the last week, Tether Gold has traded 0.6% lower against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• 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 up 1.2% 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0% against the dollar and now trades at $69,562.54 or 0.99848263 BTC.
• SolvBTC (SOLVBTC) traded 0.1% higher against the dollar and now trades at $69,548.26 or 0.99827771 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Tether Gold Token Profile

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

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 trade Tether Gold should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tether Gold using one of the aforementioned exchanges.

XAUT/USD price chart by TradingView