CoinDCX launches XAUT SIP from INR 100

• CoinDCX has partnered with Tether Gold to offer Tether Gold (CRYPTO:XAUT) trading in India.
• The exchange has also launched XAUT SIPs, allowing users to start with INR 100.
• Each XAUT token represents one troy ounce of allocated physical gold, according to Tether Gold.

CoinDCX has launched Tether Gold (CRYPTO:XAUT) trading in India alongside a new SIP starting at INR 100.

The move gives Indian users access to tokenised gold through CoinDCX’s crypto platform and recurring investment feature.

“Indian investors have consistently demonstrated a strong affinity for gold as a long-term store of value,” said Mridul Gupta, Founding Partner at CoinDCX.

XAUT represents ownership of physical gold, with each token corresponding to one troy ounce of allocated gold.

The new SIP feature allows users to build recurring exposure to XAUT, following a model similar to mutual fund systematic investment plans.

Tether Gold says the underlying gold is identifiable through each bar’s serial number, purity and weight, with physical redemption available under its terms.

CoinDCX has positioned the launch as part of its wider expansion into tokenised real-world assets and digital investment products for Indian users.