Gate's dual-currency investment platform now offers XAUT, with multiple trading platforms simultaneously supporting gold token trading.

CoinFeed reported on March 18th that Gate.com has officially launched a dual-currency investment product, XAUT (Tether Gold), in its wealth management section. XAUT is a cryptocurrency pegged to physical gold. Users can profit by using a "buy low, sell high" strategy based on their predictions of gold price movements, earning floating interest during the holding period. According to the rules, in the "buy low, sell high" strategy, users invest USDT; if the settlement price is lower than the pegged price, XAUT will be bought at the target price, earning interest during the holding period. In the "sell high, sell high" strategy, users invest XAUT; if the settlement price is higher than the pegged price, XAUT will be sold at the target price, earning corresponding interest during the holding period. Currently, Gate.com supports XAUT across multiple business segments, including spot trading, contracts, ETFs, wealth management, and trading bots.