GoldMiners

Tether Gold tokens provide undivided ownership rights to gold on the specified gold bar(s). The allocated gold is identifiable with a unique serial number, purity and weight, so the XAU₮ holders can easily check the details of the gold bars associated with their address. Owning physical assets on the blockchain provides you with the combined benefits of both physical and digital assets. As a XAUt token holder you will be able to enjoy ownership of gold while avoiding drawbacks associated with physical gold, such as high storage costs and limited accessibility. Another advantage is the constant availability of a digital token. Tether Gold tokens are available on markets operating 24 hours a day, seven days a week. It means that when the traditional markets for gold are closed, it's still possible to buy or sell Tether Gold tokens. With Tether Gold tokens we have the possibility to redeem them for physical gold or USD fiat currency.

Launched in 2014, Tether (tether.to) is a blockchain-enabled platform designed to facilitate the use of fiat currencies digitally. Tether works to disrupt the conventional financial system via a more modern approach to money. More information can be found here.
Tether tokens are stablecoins pegged at 1-to-1 with a matching fiat currency and are backed 100% by Tether’s reserves (e.g., 1 USD₮ = 1 USD). The assets are referred to as stablecoins because they offer price stability as they are pegged to a fiat currency. Tether tokens offer traders, merchants and funds a low volatility solution when exiting positions in the market. The available Tether tokens are:
USD-pegged Tether Tokens (USD₮);
EUR-pegged Tether Tokens (EUR₮);
CNH-pegged Tether Tokens (CNH₮);
MXN-pegged Tether Tokens (MXN₮).
Tether Gold (gold.tether.to) is a platform to acquire and redeem Tether Gold tokens.
Note: The minimum purchasing amount to purchase XAU₮ from TG Commodities, S.A. de C.V. is 50 XAU₮ or 50 fine troy ounces. Users can also acquire XAU₮ on trading platforms that have listed XAU₮. Tether Gold token (XAU₮) is a digital asset offered by TG Commodities, S.A. de C.V.. One XAU₮ represents ownership of one fine troy ounce of gold on a gold bar that meets the LBMA’s Good Delivery standard.

Sign up or log in to your GoldMiners Tether Gold account.
Verify your identity.
Go to the Acquire section.
Enter your wallet address and the amount you'd like to buy (minimum 5 XAU₮). add your receiving wallet, then click Confirm.
Tokens are then sent to your wallet
That’s it — just like buying any regular token!

Tether Gold token (XAU₮) is currently available as an ERC-20 token on the Ethereum blockchain

The minimum purchasing amount on the Tether Gold platform is 50 XAU₮ or 50 fine troy ounces (50 XAUT would cost approximately US$95,800 in September 2023). All purchases will be conducted in US Dollars.
Note: It is also possible to buy XAU₮ on trading platforms that have listed XAU₮. Trading platforms may allow purchases in smaller increments please refer to those platforms for details.. Tether Gold (XAU₮) is currently listed on Bitfinex, BTSE, BigOne, and Gate.io. And the current trading pairs on those platforms include XAU₮/USDT, BTC/XAU₮, ETH/XAU₮

You can redeem your XAU₮ for actual gold. After you have redeemed for actual gold, you can also elect to have TG Commodities, S.A. de C.V. attempt to sell your gold on the Swiss gold market and receive the cash proceeds from selling your gold (less applicable fees). To redeem XAU₮, you first need to log in/sign up here and verify your account with TG Commodities, S.A. de C.V..
Important: You can only redeem Tether Gold (XAU₮) in increments of one full gold bar. So you need to have enough Tether Gold (XAU₮) to receive one full gold bar in order to redeem.
If your tokens are allocated to a whole bar of gold, you can redeem an amount of XAU₮ equal to the number of fine troy ounces of gold contained in your bar of gold.
We normally advise that you deposit 430 XAU₮ tokens to ensure you have enough to redeem a full bar of gold. Our bars of gold (like all LBMA bars of gold) vary in size and can be as big as 430 fine troy ounces.
Once you make your deposit, we will reallocate your tokens to one or more full bars of gold (and, potentially, a portion of another bar of gold). Redemption will occur based on the actual number of fine troy ounces contained in your full bar(s) of gold.
Note: Redemptions occur on a one XAU₮ token for each fine troy ounce of gold basis. If you request physical delivery from TG Commodities, S.A. de C.V. for your gold bar(s), the company will arrange for its secure transit to the delivery address in Switzerland specified by you. TG Commodities, S.A. de C.V. will charge 25 basis points on the gold price in the Swiss gold market at the time of redemption of the XAU₮ tokens, plus the cost of delivery.
If you request that attempt to sell your gold bars after redemption, TG Commodities, S.A. de C.V. will attempt to sell your gold in the Swiss gold market and obtain the cash proceeds. If the gold is successfully sold, TG Commodities, S.A. de C.V. will pay you the proceeds of the sale, less a 25 basis point fee.
Note: The proceeds of the sale will be wired to the redeemer in US Dollars.

Tether Gold has adopted an online verification procedure requiring you to complete an online questionnaire and attach certain documents as support. You will also need to sign an online form confirming the accuracy of the information provided and authorising Tether to verify the information. Verification documents required for Individual accounts:
Two (2) forms of photo identification
Proof of address (utility bill, letter from a government dept., tax statement) no older than 90 days.
Selfie photo (holding accepted photo ID and holding a note stating: “To Tether” and listing the current date with signature).
Personal bank statement
Important:
Photo identification constitutes photo identification from a government authority including an International Passport, and both sides of a National ID card or Driver’s License.
Proof of residency constitutes a utility bill, service bill, government tax statement, lease, or mortgage statement that is less than three months old, clearly showing the individual name and address.
Bank Statement should be less than three months old, and the bank account title must match the account holder’s name. Tether will only process wires to and from this bank account after it has been approved.
All documents provided must be in the Roman/Latin alphabet, or a certified English translation is required and formatted as pdf, jpeg, or png.
All fields in the following verification form are mandatory (NA for Non-Applicable can be used)
To avoid possible delays, please check the correctness before submitting documents and double-check you do not send the same document twice and possibly forget one.
Once the above submission is reviewed by the Compliance Department, Tether Gold may require additional information as part of our EDD (Enhanced Due Diligence) procedures.

The verification fee is intended to ensure that only those who are serious about establishing an account apply. Also, the fee helps offset a portion of the costs Tether Gold incurs through the execution of a robust verification process. To comply with applicable laws, Tether Gold maintains the sole discretion to approve or not approve accounts. By submitting a verification request, you agree that the 150 USD₮ (or equivalent EUR₮/CNH₮) deposit is non-refundable. Read carefully here before proceeding and check the minimum requirements on our Fees page, and note that Tether Gold only processes transactions for a minimum of 50 XAU₮ (50 XAUT would cost approximately US$95,800 in September 2023). Important: U.S. persons are prohibited from purchasing or redeeming XAU₮ and should carefully read Tether's Terms of Service before beginning the verification process.

There are no custody fees on Tether Gold, which is one of the product's benefits. TG Commodities, S.A. de C.V. does not charge any additional fees for on-chain transactions either more than the usual gas fees. TG Commodities, S.A. de C.V. just charges a one-time 25 basis point fee when you purchase or redeem XAU₮ from TG Commodities, S.A. de C.V. and specific additional fees on redemption.