What is the current price of Tether Gold (XAUT)?

The current price of Tether Gold (XAUT) is 5092.233574893847 AUD, representing a -1.49 from the day prior.

Can I buy Tether Gold (XAUT) on Coinstash?

Yes - you can easily buy and sell Tether Gold (XAUT) on Coinstash. Simply login or sign up, to start buying Tether Gold (XAUT) in minutes.

Where is the best place to buy Tether Gold (XAUT) in Australia?

The best place to buy Tether Gold (XAUT) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Tether Gold (XAUT) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Tether Gold (XAUT)?

The trading volume of Tether Gold (XAUT) is 55.7M AUD in the last 24hrs, representing a -1.49 from the day prior.

How can I buy Tether Gold (XAUT)?

Tether Gold (XAUT) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Tether Gold (XAUT)?

The current market cap of Tether Gold (XAUT) is 1.3B AUD.

Can I convert Tether Gold (XAUT) to cash?

Yes - With Coinstash you can convert your Tether Gold (XAUT) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Tether Gold (XAUT) are there?

The current circulating supply of Tether Gold (XAUT) is 246.5K.

Is Coinstash a safe place to buy Tether Gold (XAUT) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Tether Gold (XAUT) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Tether Gold (XAUT)

What is Tether Gold?

Tether Gold (XAUT) is a digital asset backed by physical gold. Each XAUT token represents ownership of one troy ounce of gold on a gold bar that meets the Good Delivery standard of the London Bullion Market Association (LBMA). Tether Gold offers a blockchain-based way to buy, hold, and transfer gold ownership without needing to possess it physically.

How does Tether Gold work?

Tether Gold operates on the Ethereum and TRON blockchains as an ERC-20 and TRC-20 token, respectively. This digital token leverages blockchain technology to provide the stability of physical gold with the versatility associated with digital assets. Each XAUT token is backed by real gold stored securely in Swiss vaults, and Tether offers transparency by allowing token holders to verify the gold backing on their website. XAUT can be fractionalized, enabling smaller investments by dividing ownership into portions as small as 0.000001 ounces.

What are the potential use cases for Tether Gold?

Potential use cases for Tether Gold include investment and hedging against market volatility, portfolio diversification, providing an alternative to traditional physical gold and gold ETFs, enabling fractional ownership, and allowing for global accessibility and 24/7 trading. It also offers secure storage and transferability of gold ownership through digital means. Tether Gold can be utilized in investment platforms, digital wallets, financial institutions, and in commodity trading operations.

What is the history of Tether Gold?

Tether Gold was launched by Tether on January 23, 2020, marking an expansion from their fiat-collateralized stablecoins into commodity-backed digital assets. Founded by Reeve Collins, Brock Pierce, and Craig Sellars, Tether's initial focus was on providing stablecoins like USDT. Tether Gold was introduced to offer a stable and secure investment in gold through digital means. The project has achieved significant milestones such as integration with major cryptocurrency exchanges, the development of a versatile platform connecting traditional gold investments with modern digital assets, and the introduction of fractional ownership.