Once you have purchased U3O8 you can:
Hold: Keep the U3O8 for trading at a later date. Please note that daily fees are applied through the xU3O8 smart contract.
Trade: Sell or exchange your U3O8 on a trading venue that has listed xU3O8.
The xU3O8 dApp platform and third-party platforms that have listed xU3O8 allow you to trade 24/7 with full transparency. However, certain constraints apply to:
Redeem: Unless you are a regulated person, you cannot request physical delivery of U3O8.
Transfer: xU3O8 can only be held in wallet addresses of approved trading venues (CEX) or whitelisted for use in the dApp. Trading in or out of xU3O8 must occur at a trading venue that can be accessed with the approved wallet.
Lend & borrow: xU3O8 can be used as collateral to borrow USDC on Monarch, powered by Morpho. Lending and borrowing against all metals are not supported yet, but will be coming soon.