XSGD (XSGD) Hits Market Cap of $38.65 Million

XSGD (XSGD) traded down 0% against the U.S. dollar during the 1-day period ending at 12:00 PM E.T. on April 22nd. One XSGD token can currently be purchased for approximately $0.73 or 0.00001106 BTC on popular cryptocurrency exchanges. XSGD has a total market cap of $38.65 million and approximately $409,113.22 worth of XSGD was traded on exchanges in the last day. Over the last week, XSGD has traded up 0.4% against the U.S. dollar.

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

• KILT Protocol (KILT) traded up 0.2% against the dollar and now trades at $0.34 or 0.00000510 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.3% higher against the dollar and now trades at $0.0088 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

XSGD Token Profile

XSGD launched on October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 52,649,348 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 presently possible to buy alternative cryptocurrencies such as XSGD directly using U.S. dollars. Investors seeking to trade XSGD should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy XSGD using one of the aforementioned exchanges.

XSGD/USD price chart by TradingView