Name
Ticker
Circ. supply
Max. supply
Launch date
Tether Gold
XAUt
n/a
31 Oct 2021
Rating
Collateral
Website
White paper
Github
Rank
High (24h)
Low (24h)
Price cChange (24h)
Price cChange (7d)
Price cChange (30d)
NZ$
NZ$
%
%
%
Market cap
Volume (24h)
2024 returns
All-time high
ATH date
All-time low
NZ$
NZ$
+27%
NZ$ (%)
NZ$
Find below the answers to the most common questions about XAUt. When available, we give you links to in-depth articles for further reading.
Tether Gold (XAUt) is a gold-backed cryptocurrency token issued by Tether. Each XAUt token is backed by one troy ounce of physical gold stored in a Swiss vault. Operating on the Ethereum blockchain as an ERC-20 token, the XAUt enables digital ownership with fractional trading and audited reserves for secure gold investment.
Right now, 1 XAUt is worth NZ$ .
Right now, 1 New Zealand dollar is equal to XAUt.
The XAUt is a good solution for anyone wishing to get exposed to the price of gold quickly, without minimum investment amounts and without having to worry about storing the actual metal. Just like gold, investing in XAUt is a good hedge against inflation and fiat currency devaluation over the long term, and can be a safe haven during crisis and uncertainties in the world. However, it is not a productive asset and doesn't generate any income, its only value comes from market demand.
Each XAUt token is backed by an actual fine troy ounce stored securely in a physical vault in Switzerland, and it can be redeemed for full gold bars there. It is not regulated nor publicly audited, but Tether being one of the largest financial companies in the world it can be considered safe. For a more detailed analysis of the safety of Tether Gold, read its rating on bluechip.org.
You never store XAUt in itself. Instead, you store the private key giving you access and control over a XAUt address. That key is stored in a wallet, which provides an interface to use it. To learn more, read our in-depth guide on storing crypto assets.
To send XAUt, you use a crypto wallet like Bridge Wallet where you will choose the amount to send and the destination address. Confirm and send, that's it!
You can buy XAUt with us here from New Zealand by sending us bank transfers in NZD, avoiding that way unnecessary currency exchange fees. For more information, have a look at our step-by-step tutorial on how to buy XAUt.
You can swap XAUt here against one of the cryptocurrencies that we support, using any self-custodial Tether Gold wallet. For more information, have a look at our step-by-step tutorial on how to swap XAUt.
To cash out XAUt with us, you simply need to transfer your crypto to our address. We'll convert your XAUt in NZD, then transfer the funds to your bank account in New Zealand. For more information, have a look at our step-by-step tutorial on how to sell XAUt.
1 XAUt | = | |
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0.001 XAUt | = | |
0.0005 XAUt | = | |
0.0001 XAUt | = | |
0.00005 XAUt | = | |
0.00001 XAUt | = |
1 NZD | = | |
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10,000 NZD | = | |
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1,000,000 NZD | = |
Read on our blog everything you need to know to get started in the world of crypto on the right foot!
Get startedThe most common questions that our clients ask us are all answered there. Have a look!
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