XSGD (XSGD) Market Cap Tops $28.92 Million

XSGD (XSGD) traded up 0.1% against the U.S. dollar during the 1-day period ending at 23:00 PM ET on July 4th. One XSGD token can currently be bought for approximately $0.74 or 0.00001329 BTC on major cryptocurrency exchanges. During the last seven days, XSGD has traded up 0.2% against the U.S. dollar. XSGD has a total market capitalization of $28.92 million and approximately $853,100.71 worth of XSGD was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 6.8% against the dollar and now trades at $0.18 or 0.00000329 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 up 1.9% 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.
• 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 3.4% lower against the dollar and now trades at $0.0115 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 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 39,220,109 tokens. The official website for XSGD is www.straitsx.com. XSGD’s official message board 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 possible to purchase alternative cryptocurrencies such as XSGD directly using U.S. dollars. Investors seeking to trade XSGD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase XSGD using one of the aforementioned exchanges.

XSGD/USD price chart by TradingView