Tether Gold Trading 0.3% Lower This Week (XAUT)

Tether Gold (XAUT) traded 0% lower against the dollar during the 24-hour period ending at 14:00 PM E.T. on September 8th. Tether Gold has a market capitalization of $121.03 million and approximately $3.15 million worth of Tether Gold was traded on exchanges in the last 24 hours. Over the last week, Tether Gold has traded 0.3% lower against the dollar. One Tether Gold token can currently be purchased for $2,498.11 or 0.04594212 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded up 18.7% against the dollar and now trades at $0.0588 or 0.00000108 BTC.
  • 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Tether Gold Profile

Tether Gold’s launch date was 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.”

Tether Gold Token Trading

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

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