What is Tether Gold? 

XAUT was launched in 2020 by the team that is the founder and developer of Tether, the most widely used stablecoin. Tether Gold is a stablecoin. The commodity to which it is indexed is gold. It follows the price of gold per ounce in UK banks at a 1:1 ratio, so the change in supply and value depends entirely on the ounce value. Although XAUT (Tether Gold) is built on the ERC-20 blockchain, transactions and transfers can also be carried out over the TRC-20 network. It can be easily processed and transferred on the Ethereum network.  

 

How to Buy Tether Gold? 

Unlike other stablecoins, XAUT is indexed to gold and is the choice of gold investors. It is considered one of the options to trade gold in an easy way. 

To trade Bitcoin on the ICRYPEX Cryptocurrency Exchange: 

• Click the New Membership button to create your ICRYPEX membership. You can also complete all of the membership steps using the ICRYPEX iOS and Android apps. 
• Confirm your ICRYPEX account. This way, you won't compromise on user security and will be able to keep trading. 
• After completing your membership, transfer Turkish Lira or crypto money to your ICRYPEX account via the "Deposit" tab. You can fund your account using EFT, Money Order or FAST through a bank account of your own. 
• You can also make deposits and withdrawals via ICRYPEX's mobile apps. 

After loading your wallet, you can start XAUT trading via "Easy Buy-Sell" or "Pro View" if you wish. You can enter buy orders, buy Tether Gold, carry your cryptocurrency wallet with you at all times with ICRYPEX mobile and plan your investment on the XAUT chart. 

 

How Does Tether Gold Work?  

Tether Gold has the same logic as other stablecoins in terms of working logic. The commodity to which it is indexed has supply-price variability with the asset. Since it is indexed to gold ounces, its difference from other stablecoins is that gold can be traded depending on price-volatility.