Tether Gold One Day Volume Reaches $8.47 Million (XAUT)

Tether Gold (XAUT) traded down 2% against the US dollar during the 24 hour period ending at 18:00 PM ET on April 30th. One Tether Gold token can currently be purchased for approximately $2,294.79 or 0.03777281 BTC on popular exchanges. Tether Gold has a market cap of $111.18 million and approximately $8.47 million worth of Tether Gold was traded on exchanges in the last 24 hours. Over the last week, Tether Gold has traded down 1.2% against the US dollar.

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

• KILT Protocol (KILT) traded 2.6% lower against the dollar and now trades at $0.29 or 0.00000474 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• BitcoinBR (BTCBR) traded 154.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.2% against the dollar and now trades at $0.0096 or 0.00000016 BTC.

Tether Gold Token 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. 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 currently possible to buy alternative cryptocurrencies such as Tether Gold directly using US dollars. Investors seeking to trade Tether Gold should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Tether Gold using one of the aforementioned exchanges.

XAUT/USD price chart by TradingView