Gate News: On March 18, Gate officially launched the XAUT (Tether Gold) dual-currency investment product in the wealth management sector. XAUT is a crypto asset backed by physical gold. Users can generate profits based on their predictions of gold price movements by employing “buy low” or “sell high” strategies, and earn floating interest during the holding period. According to the product rules, in the “buy low” strategy, users invest USDT; if the settlement price is below the peg price, XAUT is purchased at the target price, and interest is earned during the period. In the “sell high” strategy, users invest XAUT; if the settlement price is above the peg price, XAUT is sold at the target price, and corresponding interest is received during the holding period. Currently, Gate supports XAUT trading and strategy scenarios across spot, futures, ETF, wealth management, and trading bot sectors. Additionally, the Gate TradFi zone also covers gold-related assets, further expanding the linkage trading capabilities between digital assets and traditional assets.
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