Tether Gold (XAU₮) is a gold-backed digital asset where each token represents ownership of one troy fine ounce of physical gold allocated to a specific gold bar.
XAU₮ is issued as:
The physical gold backing XAU₮ is held in secure Swiss vaults, directly controlled by Tether. Unlike many competing products, XAU₮ charges zero custody fees and maintains full control over gold storage with industry-grade security and anti-threat measures.
Participation is open to individual users only. Market makers, API traders, and institutional accounts are not eligible. Users must register for the event to qualify.
Accounts found using multiple registrations or sharing the same IP address may be disqualified.
To participate:
Users who do not register will not be considered valid participants.
Newcomer Challenge: Share $40,000 in XAU₮
The first 2,000 users who complete the tasks will receive rewards.
To qualify:
Reward:
Users can also participate in a futures trading competition to share 10,000 USDT in futures bonus rewards.
To qualify:
Rewards are distributed proportionally based on each user’s trading volume, with a maximum reward of 100 USDT per user.
Trading-based rewards are calculated according to each user’s share of total trading volume
Users must:
If multiple new-user events overlap, only the highest reward will be issued.
LBank reserves the right to adjust, modify, or cancel the event and retains final interpretation rights.
XAU₮ offers a way to hold gold digitally while maintaining:
For users seeking gold exposure with blockchain flexibility, XAU₮ provides a transparent and asset-backed alternative.
