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Euro Tether and Tether Gold now available on StealthEX

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According to reports, on April 11th, Tether announced that Euro Tether (EUR T) and Tether Gold (XAUT) had been launched on the trading platform StealthEX, allowing users to purchas

Euro Tether and Tether Gold now available on StealthEX

According to reports, on April 11th, Tether announced that Euro Tether (EUR T) and Tether Gold (XAUT) had been launched on the trading platform StealthEX, allowing users to purchase stable currency EUR linked to the euro and stable currency XAUT representing gold ownership.

Euro Tether and Tether Gold have been launched on StealthEX

On April 11th, Tether made an exciting announcement for the cryptocurrency community. The trading platform StealthEX has now added two new stable currencies to its roster: Euro Tether (EUR T) and Tether Gold (XAUT).

What are Euro Tether and Tether Gold?

Before we delve into the specifics of these two new stable currencies, it’s essential to understand what stable currencies are and how they work. Stable currencies are cryptocurrencies that maintain their value relative to an asset such as gold or the U.S. dollar. Stable currencies offer a hedge against the volatility that traditional cryptocurrencies like Bitcoin face.
Euro Tether (EUR T) is a stable currency that is pegged to the euro. It is backed by fiat currency stored in reserves that match the amount of Euro Tether that is in circulation.
On the other hand, Tether Gold (XAUT) represents ownership of one troy ounce of gold on a London Good Delivery bar. Tether Gold (XAUT) is also backed by physical gold held in a Switzerland vault.

What is StealthEX?

StealthEX is a non-custodial cryptocurrency exchange that allows users to swap or trade cryptocurrencies without the need for a middle-man or centralized authority. It’s designed for users who want to trade cryptocurrencies without going through the traditional hoops associated with exchanges, such as completing KYC and AML procedures.

What is the significance of Euro Tether and Tether Gold being added to StealthEX?

The addition of Euro Tether and Tether Gold to StealthEX is significant because it adds two new stable currencies that are pegged to different assets. Euro Tether provides traders with a stable hedge against the euro, while Tether Gold allows traders to invest in the precious metal without actually owning it.
Moreover, It seems like Tether is launching these stable currencies on platforms like StealthEX to offer individuals and businesses low-cost digital currency transactions. Historically, the international bank transfers have been the costliest way to move money from one country to another. Tether transactions are usually a cheaper option.

How to buy Euro Tether and Tether Gold on StealthEX?

Buying Euro Tether and Tether Gold on StealthEX is relatively easy. Follow the steps below:
1. Visit StealthEX.io and sign up for an account.
2. Select your preferred stable currency from the list of available cryptocurrencies.
3. Enter the amount you want to purchase and provide your wallet address.
4. Upon completion of these easy steps, you will be able to trade from one cryptocurrency to Euro Tether or Tether Gold.

Conclusion

The addition of Euro Tether and Tether Gold to StealthEX is a positive development for the cryptocurrency market. It presents traders with another opportunity to trade safe and stable currencies without having to jump through the traditional hoops of exchanging one cryptocurrency for another.
Cryptocurrencies that are stable will be crucial in building a trustworthy and sustainable financial system. It is more important than ever to have safe haven currencies that provide stability for businesses and individuals alike.

FAQs

Q. What is the cost of trading Euro Tether and Tether Gold on StealthEX?
A. The trading fee on StealthEX is 0.8%.
Q. Can I purchase Euro Tether and Tether Gold with my credit card?
A. No, StealthEX only accepts cryptocurrencies as payment.
Q. Is it safe to use StealthEX to trade cryptocurrencies?
A. Yes, StealthEX has a high level of security and privacy measures in place to protect users’ information and funds.

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