XSGD Reaches Market Capitalization of $27.99 Million (XSGD)

XSGD (XSGD) traded down 0.3% against the U.S. dollar during the 24 hour period ending at 22:00 PM Eastern on September 16th. One XSGD token can currently be bought for $0.77 or 0.00001329 BTC on popular exchanges. During the last week, XSGD has traded 0.5% higher against the U.S. dollar. XSGD has a total market cap of $27.99 million and approximately $258,941.46 worth of XSGD was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 11.7% against the dollar and now trades at $0.0431 or 0.00000074 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

XSGD Token Profile

XSGD’s launch date was October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 36,400,109 tokens. 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. XSGD’s official website 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.”

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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XSGD using one of the aforementioned exchanges.

XSGD/USD price chart by TradingView