Tether Gold (XAUT) Reaches One Day Trading Volume of $3.78 Million

Tether Gold (XAUT) traded up 0.3% against the dollar during the one day period ending at 10:00 AM E.T. on December 28th. One Tether Gold token can currently be bought for approximately $2,628.34 or 0.02778538 BTC on exchanges. Tether Gold has a market cap of $127.34 million and approximately $3.78 million worth of Tether Gold was traded on exchanges in the last 24 hours. In the last seven days, Tether Gold has traded down 0.1% against the dollar.

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

• 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 down 2.2% 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 down 0.9% against the dollar and now trades at $94,259.63 or 0.99646057 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.2% against the dollar and now trades at $93,920.55 or 0.99287603 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Tether Gold Profile

Tether Gold was first traded on 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.”

Tether Gold Token Trading

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

XAUT/USD price chart by TradingView