XSGD (XSGD) Market Capitalization Reaches $41.21 Million

XSGD (XSGD) traded 0.2% lower against the US dollar during the 1-day period ending at 8:00 AM Eastern on December 16th. One XSGD token can currently be purchased for $0.74 or 0.00000714 BTC on popular cryptocurrency exchanges. In the last week, XSGD has traded down 0.5% against the US dollar. XSGD has a total market cap of $41.21 million and approximately $423,044.34 worth of XSGD was traded on exchanges in the last day.

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

• 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 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.
• SolvBTC (SOLVBTC) traded 1.3% higher against the dollar and now trades at $103,664.71 or 0.99634666 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.6% against the dollar and now trades at $103,538.25 or 0.99513117 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

XSGD Profile

XSGD’s launch date was October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 55,504,158 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 currently possible to buy alternative cryptocurrencies such as XSGD directly using US dollars. Investors seeking to acquire XSGD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy XSGD using one of the exchanges listed above.

XSGD/USD price chart by TradingView