Gate Launches XAUT Dual Investment Product in Wealth Management Section

According to the company, the new wealth management product lets users deploy USDT or XAUT through buy-low or sell-high strategies while earning floating interest across Gate’s XAUT-supported ecosystem.

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Summary

Gate officially announced the launch of an XAUT dual investment product in its wealth management section, according to the company’s statement. The company said users can deploy either USDT or XAUT using buy-low or sell-high strategies and earn floating interest. Gate also stated that it already supports XAUT across multiple product areas, including spot, futures, ETF, wealth management, and trading bots.

Terms & Concepts
  • XAUT: A digital asset commonly known as Tether Gold, designed to represent ownership of physical gold on-chain.
  • USDT: A widely used U.S. dollar-pegged stablecoin that traders use for payments, transfers, and crypto market transactions.
  • ETF: An exchange-traded fund, a market-traded investment product that tracks an asset or basket of assets.