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.
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:
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.
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.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Erden Eruç, Emir Tanju and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.