tPLATINUM
TXPT Price
How is the price of tPLATINUM (TXPT) calculated?
The price of tPLATINUM (TXPT) is calculated by aggregating the latest data across multiple exchanges and markets, using a global volume-weighted average formula. Since TXPT was not traded in the last 24 hours, the price above is a reflection of the last recorded price. Learn more about how crypto prices are calculated on CoinGecko.
tPLATINUM Price Chart (TXPT)
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TXPT Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$5.08 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
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TXPT Historical Price
24h Range | - – - |
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7d Range | - – - |
All-Time High |
$30.30
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Aug 28, 2023 (9 months)
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All-Time Low |
$20.64
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Mar 20, 2024 (about 2 months)
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How do you feel about TXPT today?
What Is tPLATINUM (TXPT)?
tPLATINUM (TXPT) is a platinum-backed stablecoin on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional precious metals market. Each tPLATINUM token is 1:1 collateralized by, and redeemable for 1 gram of 99.95% LLPM-accredited platinum, stored in fully audited and insured vaults. 30% of the transaction fees generated by tPLATINUM are distributed to the holders of AurusX (AX).
What are the benefits of tPLATINUM?
tPLATINUM is a highly portable, transferable, and liquid digital asset. It has the advantages of physically allocated platinum, but does not have the drawbacks of limited transportability or high storage costs usually associated with it. Instead, it has the divisibility, fungibility, and tradability of any digital asset like Bitcoin.
Free of recurring storage or management fees, tPLATINUM offers investors of any size a convenient and cost-effective alternative to traditional platinum products, with the additional benefits of real-time 24/7 trading, cryptographically secure instant settlements, and fewer intermediaries.
With tPLATINUM, investors can enjoy:
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Cost-efficient platinum accumulation, at fractions above spot market price and grams at a time.
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Hassle-free storage: carry any amount of platinum safely in your pocket by using a digital wallet.
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Frictionless transactions: send cents worth of platinum, virtually instantly across the world at minimal fees.
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Access to global liquidity: buy and sell platinum 24/7, at the convenience of your mobile phone.
What makes tPLATINUM Unique?
tPLATINUM was created with sustainability in mind. tPLATINUM tokens are independently minted by a global network of established precious metals refineries, vaults and traders that participate in the Aurus Ecosystem. Aurus’ decentralized approach to tokenization ensures that the company can never “touch” or influence the platinum traded or vaulted, meaning investors are not subject to a single point of failure.
Aurus embraces the decentralized nature of blockchain: DeFi. Holders can (soon) earn a yield on their platinum (tPLATINUM) holdings by providing liquidity to decentralized exchanges (DEX) trading pools. This, for the first time, positions platinum as a productive, yield-bearing asset.
Where Can You Buy tPLATINUM?
tPLATINUM can be bought from various Aurus partnered exchanges and precious metals dealers, with multiple fiat and crypto trading pairs available.
Exchanges: CEX.IO (TXAG-USD), QuickSwap (TXAG-ETH)
Precious metals dealers: Direct Bullion (UK), Aurica precious metals (Chile), AgaBullion (Turkey)
What Is Aurus?
Aurus the company behind tPLATINUM (TXPT), was founded in 2018 and provides the software, network and blockchain infrastructure for global precious metals businesses and financial institutions to merge with the future of finance, in the form of DeFi and Web3 applications. The Aurus platform empowers a global network of precious metals providers, vaults and dealers to autonomously tokenize physical gold, platinum, and platinum bullions into tGOLD, tSILVER and tPLATINUM.
Aurus is setting out to create a more inclusive and efficient precious metals market - democratizing access to gold, platinum, and platinum for retail and institutional investors alike.
The Aurus Ecosystem
The Aurus Ecosystem is a highly scalable, self-sustaining global network of precious metals providers, vaults and distributors (Aurica Precious Metals, Aga Bullion, Direct Bullion, etc.) that interact with the Aurus blockchain platform to independently mint and distribute precious metals-backed tokens globally.
Value proposition and the pain point that Aurus solves:
B2C - Previously, the only way to invest in platinum involved buying from a bullion dealer for a premium and paying storage fees, or through an ETF. While ETFs provide price exposure, they do not represent ownership of physically allocated metals and cannot be redeemed. Aurus precious metal-backed tokens are based on blockchain-based technology, which allows for many contrasting characteristics and makes gold, platinum and platinum accessible to a wider audience. The technology allows for: 24/7 trading; fiat/crypto exchange listings; peer-to-peer transfers; instantaneous settlement on all transactions.
B2B - Aurus doesn’t compete, it collaborates with traditional precious metals industry players, providing access to high-tech products, a huge addressable market, and passive revenues. Aurus empowers bullion dealers to offer a new and innovative digital product and execute frictionless instant settlements enabling them to expand into new market geographics and demographics, and access new recurring revenue streams (instead of one-off premiums).
The Aurus Team
Aurus is led by a strong team of commodity and financial industry veterans. See full team here.
Directors:
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Guido van Stijn - Managing Director
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Mark Gesterkamp - Business Development
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Dan Cearnau - Chief Technological Officer
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Jonathan Boyd - Global Institutional Markets
Board of Non-executive Advisors:
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Tony Dobra - Tony is a 40-year veteran of the precious metals industry. Working as a physical and derivatives trader in London, Frankfurt, Hong Kong and Luxembourg. He was then the Director of UK’s largest gold refinery, Baird & Co. for ten years.
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Jason Toussaint - Jason has deep experience in asset management, precious metals, and fintech industries. He was previously CEO of SPDR Gold Shares (GLD), the world’s largest gold ETF, where he led the growth in assets to over $78 billion. He was also Managing Director and Global Head of Investment at the World Gold Council.
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Grant Angwin - Grant is a 30+ year precious metals industry veteran, having held senior management positions at Johnson Matthey, including President of the North American gold and silver business. He was President of Asahi Refining and has held various roles at global industry associations, including Chairman of the LBMA.
Rex Johnson - Rex has extensive experience working in the Finance industry holding a number of senior trading and broking positions. He has been involved in multiple cryptocurrency start-ups and was previously a board member of an FCA-regulated physical Gold trading company.
Where can you buy tPLATINUM?
TXPT tokens have stopped trading 10 days ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.
What is the daily trading volume of tPLATINUM (TXPT)?
The trading volume of tPLATINUM (TXPT) is $5.08 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for tPLATINUM (TXPT)?
The highest price paid for tPLATINUM (TXPT) is BTC0.001167, which was recorded on Aug 28, 2023 (9 months). Comparatively, the current price is - lower than the all-time high price.
What is the all-time low for tPLATINUM (TXPT)?
The lowest price paid for tPLATINUM (TXPT) is BTC0.0002822, which was recorded on Mar 20, 2024 (about 2 months). Comparatively, the current price is - higher than the all-time low price.
How does the price performance of tPLATINUM compare against its peers?
With a price increase of 0.00% in the last 7 days, tPLATINUM (TXPT) is outperforming the global cryptocurrency market which is down -3.60%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
How to add tPLATINUM (TXPT) to MetaMask?
Adding tPLATINUM (TXPT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TXPT as a token. You can copy TXPT’s contract address (0x2e6978ceea865948f4c5685e35aec72652e3cb88) and import it manually, or if you've installed MetaMask's chrome extension, add TXPT to MetaMask with one click on CoinGecko.
Add TXPT to MetaMask.