XAUT to USD: Convert and Swap Tether Gold (XAUT) to United States Dollar (USD)

How to Purchase Tether Gold (XAUT) using United States Dollar (USD)

To buy Tether Gold using United States Dollar, first, find a cryptocurrency exchange that supports the XAUT/USD trading pair, such as YouHodler, BTSE or Bake. Create an account, verify your identity, and deposit your USD into your exchange wallet. Locate the XAUT/USD pair on the trading platform and place an order to exchange your United States Dollar for Tether Gold. If the XAUT/USD pair is unavailable, you can first exchange United States Dollar for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Tether Gold. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction. In Germany, it’s also important to consider the tax implications of your trades, as capital gains tax may apply to your profits from cryptocurrency transactions.