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Tether Gold Price (XAUT)
$2,388.90
0.03%
Tether Gold Price Chart (XAUT/USD)
Last updated 08 Aug 2024, 01:20AM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 Huobi Global |
XAUT / USDT | $1,945.36 | 0.18% | $1,175,531 | |
| 2 |
 BingX |
XAUT / USDT | $1,955.93 | 0.04% | $252,604 | |
| 3 |
 Bitget |
XAUT / USDT | $1,927.23 | 0.08% | $247,162 | |
| 4 |
 Bitfinex |
XAUT / USD | $1,950.50 | 0.10% | $244,679 | |
| 5 |
Bitfinex |
XAUT / BTC | $1,946.32 | 0.39% | $209,878 | |
| 6 |
 WhiteBIT |
XAUT / USDT | $1,950.97 | 0.07% | $94,838 | |
| 7 |
Bitfinex |
XAUT / USDT | $1,950.86 | 0.10% | $90,323 | |
| 8 |
 OKX |
XAUT / USDT | $1,947.24 | 0.13% | $60,952 | |
| 9 |
 MEXC Global |
XAUT / USDT | $1,954.77 | 0.03% | $17,057 | |
| 10 |
 BTSE |
XAUT / USD | $1,954.80 | 0.50% | $15,036 | |
| 11 |
Bitfinex |
ETH / XAUT | $1,914.82 | 0.56% | $6,571 | |
| 12 |
 LATOKEN |
XAUT / USDT | $1,959.45 | 0.66% | $5,636 | |
| 13 |
 Gate.io |
XAUT / USDT | $1,945.45 | 0.02% | $4,670 | |
| 14 |
 Digifinex |
XAUT / USDT | $1,957.08 | 0.24% | $3,365 | |
| 15 |
Bitfinex |
BTC / XAUT | $1,895.71 | 0.07% | $2,208 | |
| 16 |
 WOO Network |
XAUT / USDT | $1,756.48 | 1.27% | $216 | |
| 17 |
 Indodax |
XAUT / IDR | $1,943.32 | 1.70% | $26 | |
| 18 |
 FTX |
XAUT / USD | $1,709.30 | 0.11% | $158,951 | |
| 19 |
FTX |
XAUT / USDT | $1,704.57 | 0.16% | $15,882 | |
| 20 |
 BigONE |
XAUT / USDT | $2,004.24 | 0.98% | $23,359 |
XAUT Price Statistics
- Tether Gold Price Now $2,389
- 24h Low / 24h High $2,379 / $2,409
- Trading Volume $13,278,208
- Market Cap Rank #100
- Market Cap $589,505,879
- Volume / Market Cap 0.0225
-
All-Time High
$2,489 -3.93%
Jul 17, 2024 -
All-Time Low
$100 65.16%
Mar 19, 2020
Tether Gold: A Revolution in the Cryptocurrency Market
Introduction
Cryptocurrency has taken the world by storm, offering digital solutions for various financial transactions. Among the many cryptocurrencies available, Tether Gold has emerged as a game-changer in the industry. With its unique features and advantages, Tether Gold has attracted significant attention from investors and traders alike.
What is Tether Gold?
Tether Gold is a digital asset that serves as a stablecoin, or a cryptocurrency pegged to the value of gold. Each Tether Gold token represents one troy ounce of gold, making it particularly appealing for those seeking the stability and security associated with precious metals.
The Advantages of Tether Gold
1. Stability: Tether Gold offers stability by linking its value directly to the price of gold. This correlation ensures that the value of Tether Gold remains relatively consistent, reducing the volatility often associated with other cryptocurrencies.
2. Accessibility: Unlike physical gold, which requires storage and transportation, Tether Gold can be easily transacted and stored digitally. This accessibility allows for seamless and efficient trading without the need for physical gold ownership.
3. Security: Tether Gold is backed by actual gold reserves held in vaults, providing an additional layer of security for investors. This transparency ensures that each token is properly backed, instilling trust and confidence in users.
4. Diversification: Tether Gold presents an opportunity for diversifying investment portfolios by incorporating a tangible asset like gold into the digital realm. This blend of traditional and digital investments can enhance overall risk management strategies.
How Tether Gold Works
When an investor purchases Tether Gold, they are essentially acquiring digital ownership of an equivalent amount of physical gold. The underlying gold is securely stored in vaults, and the investor receives a digital token that represents their ownership of that specific amount of gold.
The Future of Tether Gold
Tether Gold has the potential to reshape the cryptocurrency market by bridging the gap between traditional investments and digital currencies. As more individuals and institutional investors acknowledge the benefits of Tether Gold, its usage and popularity are expected to grow.
While Tether Gold currently represents a small portion of the overall cryptocurrency market, its unique value proposition and stability make it an appealing choice for various market participants.
Conclusion
Tether Gold is a revolutionary digital asset that combines the stability and security of gold with the ease and accessibility of cryptocurrencies. As an alternative investment option, Tether Gold provides a reliable solution for those seeking to diversify their portfolios and hedge against market volatility.
With its growing prominence, Tether Gold has the potential to reshape the cryptocurrency landscape and redefine the future of digital investments. As investors continue to explore opportunities in this evolving market, Tether Gold is likely to play a pivotal role in shaping the future of finance.