Bybit to List Tether Gold (XAUT) with Special Events Offering $200,000 in Prizes

Bybit has announced the upcoming listing of Tether Gold (XAUT) on its Spot trading platform. The listing will be accompanied by two special events offering a total prize pool of $200,000. The listing timeline begins with XAUT deposits opening on April 10, 2025, at 10 AM UTC, followed by the listing on April 11, 2025, at 10 AM UTC. Withdrawals will be available starting April 12, 2025, at 10 AM UTC. All transactions will be conducted via the Ethereum (ETH) Network.

XAUT will also be available for trades via Spot Grid Bots upon listing. To celebrate the listing, Bybit has organized two events aimed at both new and existing users. These events are designed to encourage participation and trading activity on the platform.

Special Events to Celebrate XAUT Listing

The first event is a new user-exclusive deposit event, running from April 10, 2025, at 10 AM UTC to April 24, 2025, at 9 AM UTC. New users who register for the event and complete identity verification can participate by depositing at least 0.03 XAUT or 100 USDT and trading 100 USDT worth of XAUT. The first 6,000 new users to meet these criteria will each receive 20 USDT.

The second event, a trading competition, will take place from April 11, 2025, at 10 AM UTC to April 24, 2025, at 9 AM UTC. Participants must trade at least 500 USDT worth of XAUT on Spot to earn a share of the 80,000 USDT prize pool. The more a user trades, the larger their share of the prize pool, with rewards capped at 750 USDT per user.

Understanding Tether Gold (XAUT)

Tether Gold (XAUT) is a digital asset backed by physical gold, issued by Tether. Each XAUT token represents one troy fine ounce of gold stored in a secure Swiss vault. This asset combines the stability of gold with the flexibility of blockchain technology, offering investors a unique opportunity to own gold in a digital form.

For more details on the listing and events, visit the official announcement here.

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