What Is Crypto Gold Tether Gold? How to Buy XAU₮?
First, let’s briefly talk about how to buy XAU₮, then carefully examine what Tether Gold is and how it works.
How to Buy Tether Gold (XAU₮)
Buying Tether Gold via WhiteBIT TR is extremely easy. In just a few steps, you can also buy the gold cryptocurrency Tether Gold (XAU₮):
- Register on WhiteBIT TR;
- Pass identity verification (KYC);
- In line with Republic of Türkiye regulations, make your first TRY deposit from your bank account;
- You can instantly trade either directly with TRY via XAU₮/TRY, or via USD₮ with XAU₮/USD₮!
Note: Those who want to trade with USD₮ can instantly convert their TRY funds into USD₮ thanks to our Crypto Converter tool. Or, from the same screen, they can convert TRY to XAU₮.
What Is Tether Gold?
The gold-pegged coin Tether Gold (XAU₮) 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 (XAU₮ or XAU₮) is a stablecoin that is equivalent 1:1 to one troy ounce of gold. XAU₮, which is pegged to a physical gold bar under the London Bullion Market Association’s (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: “How do I know it is really backed by gold?”
According to the information shared by the issuer:
- XAU₮ is associated with specific physical gold bars.
- These bars are defined with details such as serial number, purity, and weight.
- XAU₮ holders state that they can check the details of the gold bar associated with their own address through the issuer’s “look-up /verification” system.
- In addition, the issuer states that it aims to provide transparency by publishing periodic “gold reserves /reserves reports” (including an emphasis on independent review).
Understand the Units Simply: Troy Ounce, Grams, and Fractions
In the gold market, a “troy ounce” is used. Quick conversion examples:
- 1 XAU₮ = 1 troy ounce ≈ 31.1035 grams
- 0.1 XAU₮ ≈ 3.11035 grams
- 0.01 XAU₮ ≈ 0.311035 grams
These examples make the “fractional buying” advantage more concrete.
How Does Tether Gold Work?
XAU₮ is the tokenisation of a troy ounce of gold. Each XAU₮ token has a 1:1 equivalent in a physical gold bar, held under Tether’s custody in Switzerland. Investors
In short, XAU₮ aims to move a physical gold reserve into a digital token format:
- Token side: XAU₮ 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 XAU₮ in circulation.
- Market side: On exchanges such as WhiteBIT TR, buying and selling XAU₮ 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 XAU₮ 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 XAU₮ tokens, unlike jewellers, offer 24/7 buying and selling opportunities.
Below, let’s examine the Troy Ounce Gold/US Dollar chart and the Tether Gold/USD₮ (XAU₮/USD₮) chart:
Troy Ounce Gold/US Dollar Chart:
18 August – 18 December 2025 Troy Ounce Gold/USD Chart (TradingView)
WhiteBIT TR XAU₮/USD₮ Chart:
18 August – 18 December 2025 XAU₮/USD₮ Chart (WhiteBIT TR)
FAQ
Developed by the Tether company, which issued the US dollar-pegged stablecoin USD₮, XAU₮ 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 Association’s (LBMA) Good Delivery standards, XAU₮ can easily be purchased on WhiteBIT TR.
Tether Gold tokens, which can be purchased 24/7 via WhiteBIT TR, offer ownership of physical gold. In other words, people who hold XAU₮ 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, XAU₮ exists as a token. However, it can be cashed out instantly using WhiteBIT TR’s Crypto Converter tool.
To withdraw your XAU₮ or USD₮ tokens in your WhiteBIT TR 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 Bankası, Vakıfbank, Türkiye Finans, or other banks.
After registering on WhiteBIT TR and completing identity verification (KYC), in line with Republic of Türkiye 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 XAU₮ directly with TRY from the XAU₮/TRY trading pair via our Crypto Converter tool or via Spot trading.
If you have XAU₮ crypto in another wallet or crypto platform, you can go to “Balances” from the top menu on the WhiteBIT TR website, find XAU₮ among your assets, and click the “Deposit” button to send your funds to the ERC-20 wallet address you access.
Tether Gold (XAU₮) 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 USD₮ always remains pegged to one troy ounce of gold.
