Tether Gold Achieves Self Reported Market Capitalization of $140.75 Million (XAUT)

Tether Gold (XAUT) traded down 0.1% against the dollar during the 24 hour period ending at 12:00 PM Eastern on March 10th. One Tether Gold token can currently be purchased for about $2,905.10 or 0.03607869 BTC on popular exchanges. Over the last seven days, Tether Gold has traded 1.1% higher against the dollar. Tether Gold has a market capitalization of $140.75 million and $5.13 million worth of Tether Gold was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded down 0.9% against the dollar and now trades at $0.75 or 0.00000934 BTC.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 3.4% lower against the dollar and now trades at $80,500.49 or 0.99974149 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.9% against the dollar and now trades at $80,484.75 or 0.99954600 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Tether Gold

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 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.”

Buying and Selling Tether Gold

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

XAUT/USD price chart by TradingView