XSGD Hits Market Cap of $24.54 Million (XSGD)

XSGD (XSGD) traded 0.1% lower against the US dollar during the 24-hour period ending at 23:00 PM E.T. on October 29th. In the last week, XSGD has traded down 0.8% against the US dollar. One XSGD token can now be bought for about $0.76 or 0.00001046 BTC on cryptocurrency exchanges. XSGD has a market cap of $24.54 million and approximately $131,611.92 worth of XSGD was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3% higher against the dollar and now trades at $72,453.33 or 1.00081322 BTC.
• SolvBTC (SOLVBTC) traded up 2.2% against the dollar and now trades at $72,417.53 or 1.00031870 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

XSGD Profile

XSGD’s launch date was October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 32,424,079 tokens. XSGD’s official message board is www.straitsx.com/sg/blog. XSGD’s official Twitter account is @straitsx and its Facebook page is accessible here. The official website for XSGD is www.straitsx.com.

According to CryptoCompare, “XSGD is a stablecoin pegged to the Singapore Dollar (SGD) and operates on several blockchains, including Ethereum, Polygon, and Zilliqa. Each XSGD token is fully collateralized one-for-one by the Singapore Dollar, providing a stable and reliable digital currency option for users. XSGD is issued by StraitsX, a trademark of Xfers Pte Ltd, and is a licensed Major Payment Institution by the Monetary Authority of Singapore. It facilitates near-instantaneous cross-border transactions and allows for the swapping of other stablecoins at competitive rates. XSGD supports micropayments due to its ability to be counted out to six decimal places, addressing a key limitation of traditional fiat-based digital payment systems. XSGD’s versatility also extends to its usability across various blockchain ecosystems, including Zilliqa and Ethereum, thereby enhancing its utility in the evolving landscape of digital finance.”

XSGD Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as XSGD directly using U.S. dollars. Investors seeking to trade XSGD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase XSGD using one of the exchanges listed above.

XSGD/USD price chart by TradingView