XSGD (XSGD) Achieves Market Capitalization of $26.03 Million

XSGD (XSGD) traded up 0.1% against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on November 5th. XSGD has a total market cap of $26.03 million and $210,334.07 worth of XSGD was traded on exchanges in the last day. During the last week, XSGD has traded 0.1% lower against the U.S. dollar. One XSGD token can currently be purchased for about $0.76 or 0.00001044 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during 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 down 2.2% 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 2.2% lower 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 (SOLVBTC) traded 6.1% higher against the dollar and now trades at $72,001.12 or 0.99418841 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5% against the dollar and now trades at $71,257.29 or 0.98391772 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About XSGD

XSGD launched on October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 34,424,079 tokens. XSGD’s official Twitter account is @straitsx and its Facebook page is accessible here. XSGD’s official website is www.straitsx.com. XSGD’s official message board 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 possible to buy alternative cryptocurrencies such as XSGD directly using U.S. dollars. Investors seeking to acquire XSGD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XSGD using one of the exchanges listed above.

XSGD/USD price chart by TradingView