Article Summary, Automatically Generated By AI
Summary of Tether Gold (XAU₮)
Key Features
- 1:1 ownership of one fine troy ounce of gold on a physical bar of gold
- Fractionable up to six decimal places (0.000001 troy fine ounce)
Benefits
- Easy to transport
- Divisible into small increments
- 24/7 trading on exchanges
- Easily redeemable for physical gold in Switzerland
- Easy and secure storage
- Verifiable gold allocation on the website
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About Tether Gold: A Digital Representation of Gold Ownership
Introducing Tether Gold (XAU₮): A Digital Representation of Gold
Tether Gold (XAU₮) is a pioneering stablecoin that offers a 1:1 ownership equivalent of one fine troy ounce of gold, backed by a physical bar of gold that adheres to the stringent Good Delivery standard of the London Bullion Market Association (LBMA). This innovative technology enables access to a stablecoin that confers ownership of physical gold, while circumventing the drawbacks associated with physical gold, such as exorbitant storage costs and limited accessibility. Notably, XAU₮ tokens can be fractionated up to six decimal places, allowing for increments as small as 0.000001 troy fine ounce.
Unveiling the Unparalleled Attributes of Tether Gold
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Seamless Portability: Transporting physical gold can be a daunting task, whereas XAUt tokens offer effortless mobility, allowing you to take your assets with you wherever you go.
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Flexible Divisibility: Unlike physical gold bars, which are difficult to split, XAUt tokens can be divided into increments as small as 0.000001 fine troy ounces of gold, offering unparalleled flexibility.
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Unrestricted Trading: Physical gold trading is often limited by geographical constraints and trading hours. In contrast, XAUt tokens can be traded 24/7, 365 days a year, from anywhere in the world, on exchanges that list XAUt Tokens.
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Convenient Redemption: Should you wish to redeem your XAUt tokens for physical gold, we offer a seamless process, delivering physical gold bars to any address in Switzerland.
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Secure Storage: Storing physical gold can be costly and exposes you to geopolitical risks. In contrast, storing XAUt tokens is as effortless as storing your other crypto-assets, ensuring peace of mind.
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Transparent Verification: Our website provides real-time tracking of the physical gold that backs XAUt tokens. At any time, you can verify your gold allocation in our vaults, ensuring complete transparency and confidence.
The portability of XAUt tokens offers a stark contrast to the logistical hurdles of transporting physical gold, allowing you to effortlessly carry your digital assets with you, wherever you go.
Easy Divisibility: Unlike physical gold bars, which are cumbersome to divide, XAUt tokens offer unparalleled flexibility, allowing for divisibility into increments as minute as 0.000001 fine troy ounces of gold.
Seamless 24/7 Trading Unencumbered by geographical constraints and limited trading hours, XAUt tokens offer the freedom to trade anytime, anywhere in the world, 365 days a year, on exchanges that list XAUt Tokens.
Seamless Redemption Should you ever wish to exchange your XAUt tokens for tangible gold, we offer a hassle-free process. We deliver physical gold bars directly to any address in Switzerland, ensuring a convenient and secure experience.
Seamless Storage: A Hassle-Free Experience
Storing physical gold can be a costly endeavor, not to mention the geopolitical risks that come with it. In contrast, storing your XAUt tokens is as effortless as managing your other crypto-assets, providing a convenient and secure solution.
Unwavering Transparency: Every ounce of physical gold backing XAUt tokens is meticulously tracked and readily accessible on our website. At your convenience, you can effortlessly verify your gold allocation within our secure vaults at any given time.