Tether Gold (XAUT) Achieves Self Reported Market Cap of $210.40 Million

Tether Gold (XAUT) traded up 0.8% against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on December 15th. One Tether Gold token can currently be bought for approximately $4,342.64 or 0.04842099 BTC on major exchanges. Tether Gold has a total market capitalization of $210.40 million and approximately $104.58 million worth of Tether Gold was traded on exchanges in the last day. In the last week, Tether Gold has traded up 3.1% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 0.2% lower against the dollar and now trades at $89,585.77 or 0.99889302 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $88,567.83 or 0.99887750 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.

Tether Gold Token Profile

Tether Gold was first traded on January 23rd, 2020. Tether Gold’s total supply is 520,089 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 (Gold) is a digital asset offered by TG Commodities Limited. One full XAUt token represents one troy fine ounce of gold on a London Good Delivery bar.The XAUT token can be transferred to any on-chain address from the purchasers' Tether wallet where it is issued after purchase. Specific gold bar(s) will be associated with each on-chain address where Tether Gold is held.”

Buying and Selling Tether Gold

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

XAUT/USD price chart by TradingView