Tether Gold to Pax Gold correlation
Both Tether Gold and Pax Gold are backed by a fine troy ounce of gold a piece. In theory, they are supposed to be equal in price and fully correlated. However, factors like liquidity, issuer, market demand, and trading volume can lead to a discrepancy in the prices of XAUt and PAXG.
Live Tether Gold Price Change and Market Cap
Currently, the XAUt price is 0$. From the Tether Gold price chart, we can see that the 24-hour change is 0.00%. The circulating supply is 0 XAUt and the market cap in the past 24H is $0. In the previous 24 hours, the Tether Gold price hit highs of 0$ and lows of 0$.
Tether Gold Price Prediction
Tether Gold reached its historic maximum price of $2,076.11 on March 8, 2022. $1,408.88 is its all-time low, observed on March 20, 2020. As of November 2023, it is 4% down from the ATH and 41% up from the all-time low.
As a stablecoin pegged to gold, its price directly depends on the precious metal. In 2023, the XAUt price forecast is $2,502.13 maximum. By 2025, XAUt is expected to reach $5,710.71 US dollars. A 2030 price prediction for Tether Gold gives a target of $35,713.06.
XAUt to PAXG exchange margin
Considering today’s exchange rate, a transaction of 1 XAUt to PAXG would result in an output of 0$.
How to convert Tether Gold to Pax Gold
Tether Gold and Pax Gold comparison
Tether Gold (XAUT) is a cryptocurrency token that represents ownership of physical gold. Each XAUT token is backed by one troy ounce of gold held in a Swiss vault, providing investors with a digital representation of gold ownership. Tether Gold aims to combine the benefits of digital assets with the stability of gold.
Pax Gold (PAXG) is a gold-backed cryptocurrency, launched by the creators of Paxos Standard in September 2019. As an ERC-20 token operating on the Ethereum blockchain, Pax Gold is tradeable on a large variety of exchanges and has become an accessible way for traders to start investing in gold.
What is Tether Gold (XAUt)?
Tether Gold (XAUT) is a digital token that aims to bridge the gap between traditional gold ownership and the world of cryptocurrencies. Each XAUT token is backed by one troy ounce of physical gold held in a Swiss vault, providing investors with a secure and transparent way to own gold in a digital form. Tether Gold offers the advantages of digital assets, such as instant transferability and divisibility, while maintaining the stability and intrinsic value of gold. By combining the best aspects of traditional and digital assets, Tether Gold seeks to provide a reliable and accessible means of investing in and holding gold for individuals and institutions alike.
Tether Gold to Pax Gold price details
XAUt to PAXG Conversion Rate and Price
At the moment, the conversion rate for 1 XAUt equals to 0$. The 24-hour highest price of Tether Gold in relation to Pax Gold was 0$ and the lowest was 0$. In short, XAUt price in relation to PAXG changed by 0.00%.
Instantly Exchange XAUt to PAXG
On ChangeHero you can instantly exchange Tether Gold to Pax Gold without registrations. You can easily convert XAUt to PAXG in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and the Fixed Rate for your XAUt to PAXG exchange.
XAUt to PAXG Best Rate Exchange
In the Best Rate exchange of Tether Gold to Pax Gold, we search through various exchanges for the XAUt to PAXG pair and find the best rate available in the market. We provide you with an estimation of the amount of PAXG you will receive.
As soon as you accept the terms and the XAUt is deposited, the exchange will be automatically processed. We remind you that the final amount of PAXG you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XAUt to PAXG.
XAUt to PAXG Fixed Rate Conversion
In the Fixed Rate exchange of Tether Gold to Pax Gold, ChangeHero finds a good rate for the pair XAUt to PAXG and fixes the rate for up to 15 minutes. In the Best Rate exchange of XAUt to PAXG, you will receive the exact amount of PAXG which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified PAXG address. ChangeHero is the best place to exchange XAUt to PAXG fast and safe at the best rates.
Frequently asked questions
How long does it take to convert XAUt to PAXG?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange XAUt to PAXG?
No, you do not require an account to swap XAUt to PAXG on ChangeHero. There will be no registrations for your Tether Gold to Pax Gold transaction.
Do I need to go through KYC procedures for XAUt to PAXG exchange?
There will be no KYC for the XAUt to PAXG exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange PAXG to XAUt?
Yes, you can instantly exchange PAXG to XAUt on ChangeHero.
