XSGD (XSGD) Reaches Market Capitalization of $24.55 Million

XSGD (XSGD) traded down 0.2% against the dollar during the 24-hour period ending at 15:00 PM ET on November 1st. One XSGD token can now be purchased for $0.76 or 0.00001092 BTC on major exchanges. XSGD has a market cap of $24.55 million and $317,632.37 worth of XSGD was traded on exchanges in the last 24 hours. In the last seven days, XSGD has traded 0.4% lower against the dollar.

Here is how other cryptocurrencies have performed in 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 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.2% lower against the dollar and now trades at $69,456.86 or 1.00143361 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.4% against the dollar and now trades at $69,356.08 or 0.99998055 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

XSGD Profile

XSGD launched on October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 32,424,079 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.”

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 GDAX, Gemini or Coinbase. 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