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Dear Users,
 
Due to popular demand. BingX Spot will add 2 trading pairs on 2023-07-17, 10:00:00 (UTC+0).
• Assets: EURT, XAUT
• Trading Pairs: EURT/USDT,XAUT/USDT
• EURT, XAUT Deposit Time: 2023-07-15, 10:00:00 (UTC+0)
• EURT, XAUT Withdrawal Time: 2023-07-18, 10:00:00 (UTC+0)
• Spot Grid and Spot Infinity Grid will list EURT and XAUT for users to enjoy smart trading of the tokens

About EURT

$EURT, or Tether EURt, is a stablecoin introduced by Tether, designed to provide users with a digital representation of the Euro on blockchain platforms. Functioning similarly to Tether's USDT, $EURT operates by pegging its value 1:1 to the Euro, ensuring stability amidst the volatile cryptocurrency market. The issuance process involves Tether holding equivalent Euros in reserve, acting as collateral for the circulating $EURT tokens. Operating on a blockchain network, typically Ethereum, $EURT employs smart contracts for secure and transparent transaction tracking. Periodic audits conducted by reputable firms further verify the alignment of Euro reserves with circulating $EURT tokens, reinforcing transparency.

The value of $EURT lies in its distinctive blend of cryptocurrency advantages with the stability of traditional fiat, specifically the Euro. The commitment to a 1:1 peg with the Euro sets $EURT apart, offering users a reliable means of preserving value without exposure to the usual crypto market fluctuations. Transparency is a key element of its value, with Tether subjecting itself to regular audits by reputable accounting firms. This commitment enhances user confidence by verifying that Euro reserves adequately back the circulating $EURT tokens, ensuring a secure and trustworthy representation of the Euro.

Furthermore, $EURT's versatility enhances its appeal within the cryptocurrency ecosystem. Users can leverage $EURT as a stable store of value, facilitating cross-border payments with speed and security, engaging in trading and speculation without reliance on traditional fiat, integrating with decentralized finance (DeFi) applications, and enabling low-cost remittance and micropayments. This comprehensive range of use cases positions $EURT as a dynamic and practical asset for a diverse set of users, distinguishing it in the competitive landscape of digital currencies.

BingX Exchange is set to include $EURT in its listing, providing users with the opportunity to engage in trading by selecting the EURT USDT pairing. Comprehensive analyses, including price estimations, token valuation, and considerations on investment viability, will be accessible through the dedicated EURT Price Analysis Tool. Users seeking a detailed walkthrough on the process of purchasing this cryptocurrency can refer to the step-by-step instructions available in the How to Buy EURT Coin guide.

About XAUT

$XAUT, or Tether Gold, is a digital token introduced by TG Commodities Limited to represent ownership of physical gold. Each $XAUT token is backed by 1 troy fine ounce of London Good Delivery gold stored securely in a Swiss vault. This novel token allows for fractionalization up to six decimal places, providing precise ownership and transactions. Holders have the option to redeem their tokens for the associated physical gold, with delivery to a chosen location in Switzerland or the ability to request Tether Gold to arrange the sale of the gold and receive the proceeds in fiat currency.

The value of $XAUT lies in its ability to combine the intrinsic value and stability of physical gold with the efficiency of a digital token. It offers direct exposure to physical gold, distinguishing itself from other gold-backed investment products. The fractionalization feature makes $XAUT accessible to a broad range of investors, democratizing access to physical gold. Transparency is ensured through the association of specific gold bars with on-chain addresses and a "Look-up Website" for verification. The real-time reallocation of gold upon token transfers adds an additional layer of traceability. The transactional utility of $XAUT maintains the benefits of digital tokens, facilitating seamless global transfer of gold ownership and value.

$XAUT stands out by bridging the gap between the digital and physical worlds, providing users with the benefits of owning gold in a format that is easily transferable, divisible, and transparent. This innovative token represents a significant step towards making physical gold more accessible and versatile in the modern financial landscape.

The $XAUT token is set to be listed on BingX Exchange, providing users with the opportunity to trade the token conveniently through the XAUT USDT pair. To assist users in making informed decisions, comprehensive analyses, including price estimations, token valuation, and investment considerations, will be available on the XAUT Price Analysis Tool. For those seeking guidance on the purchasing process, a detailed step-by-step guide on buying XAUT Coin can be found for user reference.

Note:
1. Please make sure that the selected chain or network on BingX is consistent with the platform you're performing the withdrawal or deposit to avoid unnecessary losses.
2. The platform will automatically adjust the relevant parameter limits for spot trading based on market liquidity. If you have any questions, please contact our 24/7 online support.
3. The listing time specified in the announcement is for reference only. We will open the trading service once the deposit requirement for the above asset is met. The actual opening time shall prevail.
 
 
BingX Operation Team
2023-07-15
 
BingX Official Channels
BingX Web: https://bingx.com
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment decisions. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
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