What Is Crypto Gold Tether Gold? How to Buy XAUโฎ?
First, letโs briefly talk about how to buy XAUโฎ, then carefully examine what Tether Gold is and how it works.
How to Buy Tether Gold (XAUโฎ)
Buying Tether Gold via WhiteBIT is extremely easy. In just a few steps, you can also buy the gold cryptocurrency Tether Gold (XAUโฎ):
- Register on WhiteBIT;
- Pass identity verification (KYC);
- In line with Republic of Tรผrkiye regulations, make your first TRY deposit from your bank account;
- You can instantly trade either directly with TRY via XAUโฎ/TRY, or via USDโฎ with XAUโฎ/USDโฎ!
Note: Those who want to trade with USDโฎ can instantly convert their TRY funds into USDโฎ thanks to our Crypto Converter tool. Or, from the same screen, they can convert TRY to XAUโฎ.
What Is Tether Gold?
The gold-pegged coin Tether Gold (XAUโฎ) is a token created by TG Commodities, a subsidiary of Tether Holding, that combines the advantages of physical and digital assets, is built on the Ethereum network under the ERC-20 standard, and enables holders to hold physical gold digitally. TG Commodities, which trades on the Swiss gold markets, prioritises trust.
Tether Gold (XAUโฎ or XAUโฎ) is a stablecoin that is equivalent 1:1 to one troy ounce of gold. XAUโฎ, which is pegged to a physical gold bar under the London Bullion Market Associationโs (LBMA) Good Delivery standards, was issued in 2020 to bring the crypto gold standard to users worldwide.
Buy Digital Gold with USDT
How to Verify Tether Gold?
The most natural question readers ask is: โHow do I know it is really backed by gold?โ
According to the information shared by the issuer:
- XAUโฎ is associated with specific physical gold bars.
- These bars are defined with details such as serial number, purity, and weight.
- XAUโฎ holders state that they can check the details of the gold bar associated with their own address through the issuerโs โlook-up /verificationโ system.
- In addition, the issuer states that it aims to provide transparency by publishing periodic โgold reserves /reserves reportsโ (including an emphasis on independent review).
Understand the Units Simply: Troy Ounce, Grams, and Fractions
In the gold market, a โtroy ounceโ is used. Quick conversion examples:
- 1 XAUโฎ = 1 troy ounce โ 31.1035 grams
- 0.1 XAUโฎ โ 3.11035 grams
- 0.01 XAUโฎ โ 0.311035 grams
These examples make the โfractional buyingโ advantage more concrete.
How Does Tether Gold Work?
XAUโฎ is the tokenisation of a troy ounce of gold. Each XAUโฎ token has a 1:1 equivalent in a physical gold bar, held under Tetherโs custody in Switzerland. Investors
In short, XAUโฎ aims to move a physical gold reserve into a digital token format:
- Token side: XAUโฎ is a token that can be traded on Ethereum under the ERC-20 standard.
- Collateral side: The issuer states that it holds physical gold collateral for the XAUโฎ in circulation.
- Market side: On exchanges such as WhiteBIT, buying and selling XAUโฎ takes place via the order book (Spot) or via conversion screens, like other crypto assets.
The logic behind crypto gold is both to provide convenience for investors who want to keep their funds in a gold-pegged coin fixed to the physical gold price, and to overcome the difficulties experienced when cashing out gold. Thanks to XAUโฎ tokens, it becomes possible for investors to purchase down to 0.000001 of the value of a one troy ounce gold bar.
Another benefit of buying crypto gold Tether Gold is that XAUโฎ tokens, unlike jewellers, offer 24/7 buying and selling opportunities.
Below, letโs examine the Troy Ounce Gold/US Dollar chart and the Tether Gold/USDโฎ (XAUโฎ/USDโฎ) chart:
Troy Ounce Gold/US Dollar Chart:
18 August โ 18 December 2025 Troy Ounce Gold/USD Chart (TradingView)
WhiteBIT XAUโฎ/USDโฎ Chart:
18 August โ 18 December 2025 XAUโฎ/USDโฎ Chart (WhiteBIT)
FAQ
Developed by the Tether company, which issued the US dollar-pegged stablecoin USDโฎ, XAUโฎ is a stablecoin pegged to the price of one troy ounce of physical gold. As a gold-pegged coin indexed to a physical gold bar under the London Bullion Market Associationโs (LBMA) Good Delivery standards, XAUโฎ can easily be purchased on WhiteBIT.
Tether Gold tokens, which can be purchased 24/7 via WhiteBIT, offer ownership of physical gold. In other words, people who hold XAUโฎ in a certain amount have the chance to request physical gold viahttps://gold.tether.to/. Gold offers an easier alternative through crypto compared to traditional physical gold purchases.
Issued under the ERC-20 standard on the Ethereum network, XAUโฎ exists as a token. However, it can be cashed out instantly using WhiteBITโs Crypto Converter tool.
To withdraw your XAUโฎ or USDโฎ tokens in your WhiteBIT account, after converting your funds to TRY either using the crypto converter tool or by selling via Spot trading, you can withdraw the funds to a bank account in your own name within minutes via Ziraat Bankasฤฑ, Vakฤฑfbank, Tรผrkiye Finans, or other banks.
After registering on WhiteBIT and completing identity verification (KYC), in line with Republic of Tรผrkiye regulations you must make your first TRY deposit from a bank account in your own name. Once this is completed, you can fully access the exchange and buy XAUโฎ directly with TRY from the XAUโฎ/TRY trading pair via our Crypto Converter tool or via Spot trading.
If you have XAUโฎ crypto in another wallet or crypto platform, you can go to โBalancesโ from the top menu on the WhiteBIT website, find XAUโฎ among your assets, and click the โDepositโ button to send your funds to the ERC-20 wallet address you access.
Tether Gold (XAUโฎ) is a stablecoin whose price is always equal to one troy ounce of physical gold. The price of this token managed by the Tether company that issued USDโฎ always remains pegged to one troy ounce of gold.
