XAU₮ to USDC.
Trade Gold for USDC.
Zero fees.

XAUt is Tether Gold — a token where each unit represents one troy ounce of physical gold held in reserve by Tether. It gives you direct gold exposure without needing a brokerage account or physical storage. You can buy, hold, and trade XAUt entirely within your Ledn account.

Go to Trade in your Ledn account, select the Gold/USDC pair, enter the amount of XAUt you want to trade, and confirm. The exchange happens instantly at the quoted rate — no order book, no waiting. Your USDC lands in your Transaction Account immediately.

Same process in reverse. Select USDC/Gold in the Trade tab, enter your USDC amount, review the rate, and confirm. You can trade any amount — there is no minimum trade size beyond the platform minimums.

Ledn charges zero trading fees. You trade at a 0.5% spread on the mid-market rate — the same transparent spread across all 10 trading pairs. For context, many exchanges typically charge 1–3.5% on similar trades. The rate you see quoted is the rate you get, with no hidden fees added at checkout.

Ledn sources XAUt prices from institutional market makers and applies a flat 0.5% spread. There are no volume tiers, no loyalty tokens required, and no rate surprises. The same spread applies whether you are trading $50 or $500,000.

In most jurisdictions, trading XAUt for USDC is treated as a disposal of a digital commodity (gold) and may trigger a capital gains event. Ledn recommends consulting a tax professional familiar with crypto and digital commodity treatment in your jurisdiction.

When you trade on Ledn, your assets stay within your Ledn Transaction Account throughout. Ledn does not lend out assets held in Transaction Accounts to generate interest, and has a perfect record of protecting client assets since 2018. The same custody standards apply to every asset on the platform.

Yes. USDC in your Transaction Account can be used directly to repay a Ledn loan — you no longer need to do an off-platform trade first. Loan disbursements and repayments in USDC are fully supported.

If you need dollar liquidity — to repay a loan, cover expenses, or rebalance — trading XAUt to USDC lets you act immediately without leaving the Ledn platform. USDC is a regulated, Circle-issued stablecoin, which some clients prefer for its transparency and compliance posture. If you want to keep your gold exposure intact, consider whether a loan might better serve your needs.

Trades are instant. Once you confirm the trade, your USDC appears in your Transaction Account immediately. There are no settlement delays, no pending periods, and no gas fees — it is an on-platform trade, not an on-chain transaction.

Yes. Ledn now supports 10 trading pairs across 5 assets: BTC, XAUt (gold), USD₮, USAT, and USDC. You can trade between any combination in a single step — all at the same 0.5% spread with zero trading fees.

Yes — the minimum trade size is $50 USD (or equivalent in the asset you are trading). There is no maximum.

To see if Trade is available in your jurisdiction, check using our product eligibility tool.