XSGD Achieves Market Cap of $38.42 Million (XSGD)

XSGD (XSGD) traded 0.3% lower against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on May 1st. One XSGD token can now be bought for about $0.73 or 0.00001259 BTC on popular cryptocurrency exchanges. XSGD has a market capitalization of $38.42 million and approximately $891,237.91 worth of XSGD was traded on exchanges in the last day. Over the last week, XSGD has traded down 0.6% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 1.5% lower against the dollar and now trades at $0.28 or 0.00000490 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 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• BitcoinBR (BTCBR) traded 12.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.4% against the dollar and now trades at $0.0097 or 0.00000017 BTC.

XSGD Token Profile

XSGD was first traded on October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 52,649,348 tokens. The official website for XSGD is www.straitsx.com. The official message board for XSGD is www.straitsx.com/sg/blog. XSGD’s official Twitter account is @straitsx and its Facebook page is accessible here.

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 currently possible to buy alternative cryptocurrencies such as XSGD directly using U.S. dollars. Investors seeking to acquire XSGD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XSGD using one of the exchanges listed above.

XSGD/USD price chart by TradingView