Tether Gold (XAUT) Price Tops $2,387.84 on Exchanges

Tether Gold (XAUT) traded up 0.5% against the dollar during the 24 hour period ending at 9:00 AM ET on April 17th. Tether Gold has a total market capitalization of $115.69 million and $6.88 million worth of Tether Gold was traded on exchanges in the last 24 hours. Over the last week, Tether Gold has traded 2.6% higher against the dollar. One Tether Gold token can currently be purchased for approximately $2,387.84 or 0.03837774 BTC on popular exchanges.

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

• KILT Protocol (KILT) traded down 6.1% against the dollar and now trades at $0.33 or 0.00000527 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.6% against the dollar and now trades at $0.0088 or 0.00000014 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’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.”

Buying and Selling Tether Gold

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

XAUT/USD price chart by TradingView