XAUT and USAT are coming to Quidax!
You can see our blog post about it here.
We've answered some of your questions below but remember, you can always reach out to us on support@quidax.com if you have other questions.
How can I trade XAUT and USAT with Swap?
You can use swap to buy and sell XAUT and USAT with Naira, Cedis, other local currencies as well as using any crypto.
The Quidax swap feature allows you to swap between crypto to another like Bitcoin to XAUT or XRP to USAT and others
Here are the steps to use swap;
Log in to your account on the Quidax app or web
Go to the Swap section and search for XAUT or USAT
Select the currency you want to buy with
Enter the amount you want or select a percentage
Click Confirm Swap and confirm your trade
2. What market pairs are available using the orderbook?
You can trade XAUT and USAT using the following pairs:
XAUT/NGN
XAUT/USDT
USAT/USDT
3. Is USAT and XAUT available via the Quidax API?
Yes, Tether Gold (XAUT) and USAT are available via the Quidax API.
Whether you are looking to hedge your corporate treasury, execute high-volume trades, or expand your platform’s offerings, Tether Gold (XAUT) and USAT are accessible via the Quidax API.
Businesses can easily add these assets to allow their own customers to buy, sell, and hold XAUT, USAT and other stablecoins directly within their apps.
By plugging into our API your business gains instant access to deep liquidity for these assets.
4. Is XAUT backed by real gold?
Yes! Tether Gold (XAUT) is backed by physical fine gold stored securely in vaults. One XAUT token represents actual gold.
5. Can I deposit and withdraw XAUT and USAT immediately?
Yes, both tokens are fully integrated. You can deposit them into your Quidax wallet, trade them using Instant Swap or order book as well as withdraw them to any external wallet or exchange
6. Are there fees for trading XAUT or USAT?
Our standard, transparent Quidax trading fees apply to all pairs. See fee structure here