Tether Gold (XAUT) Price Tops $2,901.29

Tether Gold (XAUT) traded down 1.2% against the US dollar during the 1-day period ending at 10:00 AM Eastern on February 26th. Tether Gold has a total market cap of $140.57 million and approximately $8.36 million worth of Tether Gold was traded on exchanges in the last day. In the last seven days, Tether Gold has traded down 1.1% against the US dollar. One Tether Gold token can now be purchased for about $2,901.29 or 0.03318324 BTC on cryptocurrency exchanges.

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

• Taiko (TAIKO) traded up 2.8% against the dollar and now trades at $0.90 or 0.00001032 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 2.2% lower 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 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.
• SolvBTC (SOLVBTC) traded down 0.8% against the dollar and now trades at $86,912.20 or 0.99404929 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% lower against the dollar and now trades at $85,783.51 or 0.98113993 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Tether Gold

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 website 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.”

Tether Gold Token Trading

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

XAUT/USD price chart by TradingView