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$20,000 in Tether Gold, and XAU₮ Swaps Count Double

Gold has one persistent design flaw: it has to physically be somewhere.

Until 21 September, any $50+ swap into XAU₮ earns two entries in our draw with Tether. 100 winners split the $20,000 at the end, and each share is scaled to that winner's total swap volume.

swap into gold

Crypto-to-crypto swaps only; cross-chain USDT swaps don't qualify. 18+. Not open to residents of the US, UK, Singapore or Canada. Read the terms here.

Behind the XAU₮

Tether built USDT, the most widely held stablecoin in the world. XAU₮ is the same idea applied to gold: an asset you own outright and hold as long as you want, no broker, no storage bill.

1 XAU₮ = 1 troy ounce of the metal itself, inside a specific bar, in a vault in Switzerland. Every bar has a serial number and a purity mark, and Tether publishes the list, so you can look up the bar your token belongs to.

Your gold now moves like everything else in your wallet. You can send it to a friend at midnight (you obviously cannot do this with a bar).

Tether pays for the vault. Hold enough of it and you can ask them to swap the tokens back for physical metal.

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Any information provided in this email does not constitute investment advice or investment recommendation nor does it constitute an offer to buy or sell or a solicitation of an offer to buy or sell digital assets or other financial instruments described in this email. In particular, this information should not be used as a substitute for suitable investment and product-related advice. Unless expressly stated otherwise, all pricing information is non-binding.

You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information in this email before making any decisions based on such information.

IMPORTANT NOTICE: This sponsored content is for informational purposes only and not intended for persons in the United Kingdom. If you are accessing this from the UK, please note that this content has not been approved by an FCA authorised person. Cryptoassets are not regulated by the FCA and are high risk. The value of cryptoassets can go down as well as up and you may lose all your money. The content is for information only and not investment advice.