XSGD Hits Market Cap of $28.71 Million (XSGD)

XSGD (XSGD) traded 0.1% higher against the dollar during the 1 day period ending at 19:00 PM ET on July 12th. XSGD has a total market capitalization of $28.71 million and $435,301.90 worth of XSGD was traded on exchanges in the last 24 hours. One XSGD token can now be purchased for approximately $0.74 or 0.00001287 BTC on popular exchanges. Over the last week, XSGD has traded up 0.6% against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 0% against the dollar and now trades at $0.19 or 0.00000322 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.4% against the dollar and now trades at $0.0128 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

XSGD Profile

XSGD launched on October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 38,570,114 tokens. XSGD’s official Twitter account is @straitsx and its Facebook page is accessible here. The official website for XSGD is www.straitsx.com. The official message board for XSGD is www.straitsx.com/sg/blog.

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.”

Buying and Selling XSGD

It is usually not currently possible to purchase alternative cryptocurrencies such as XSGD directly using US dollars. Investors seeking to trade XSGD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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