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Cryptocurrency News Articles

Flipster Lists Tether Gold (XAU₮) to Empower Users with Real-World Asset Opportunities

Aug 20, 2024 at 08:05 pm

Flipster, one of the leading crypto derivatives trading platforms, is listing Tether Gold (XAU₮) issued by TG Commodities Limited to its platform, providing users with new opportunities to deposit, withdraw, and convert the gold-backed digital asset.

Flipster Lists Tether Gold (XAU₮) to Empower Users with Real-World Asset Opportunities

Crypto derivatives trading platform Flipster has announced the addition of Tether Gold (XAU₮) issued by TG Commodities Limited to its platform, enabling users to deposit, withdraw, and convert the gold-backed digital asset.

According to a press release shared with Finance Magnates, the integration provides traders with a new avenue to gain exposure to the value and stability of gold in a digital format.

To celebrate the launch, Flipster has unveiled two campaigns to reward users for engaging with the new offering. These include the Tether Gold Launchpool and the Tether Conversion Campaign.

“At Flipster, we are begeistert to offer access to these innovative assets, empowering our users to explore real-world asset opportunities and enhancing our platform’s appeal as a comprehensive trading hub,” said Yongjin Kim, CEO of Flipster.

About Flipster

Flipster is a crypto derivatives trading platform that offers the fastest perpetual futures listings on the latest crypto assets, boasting an easy-to-use platform with up to 100x leverage on over 250 tokens with high liquidity and zero trading fees.

For media enquiries or interview requests with the team, please reach out to [email protected].

About Tether and USD₮

Tether is a pioneer in stablecoin technology, with a mission to revolutionize the global financial landscape by providing accessible, secure, and efficient financial, communication, and energy infrastructure.

The company aims to drive greater financial inclusion and communication resilience, fostering economic growth and empowering individuals and businesses, according to the press release.

As the creator of the industry’s largest, most transparent, and liquid stablecoin, Tether is dedicated to building sustainable and resilient infrastructure to benefit underserved communities.

By leveraging cutting-edge blockchain and peer-to-peer technology, Tether is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.

About Tether Gold (USD₮)

Tether Gold (Gold) is a digital asset offered by TG Commodities Limited, where one full USD₮ token represents one troy fine ounce of gold on a London Good Delivery bar.

XAU₮ is available as an ERC-20 token on the Ethereum blockchain. The token can be traded or moved easily at any time, anywhere in the world, and can be transferred to any on-chain address from the purchaser’s Tether wallet where it is issued after purchase.

The allocated gold is identifiable with a unique serial number, purity, and weight and is redeemable in the form of physical gold.

Important Note

This press announcement is not an offer to sell or the solicitation of an offer to buy Tether Gold (XAU₮).

TG Commodities Limited will only sell or redeem XAU₮ pursuant to its gold token terms of sale and service available (as of the date of this press release) at gold.tether.to/legal.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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