XSGD (XSGD) Hits Market Cap of $28.01 Million

XSGD (XSGD) traded 0.7% higher against the US dollar during the 24 hour period ending at 20:00 PM E.T. on August 2nd. XSGD has a total market capitalization of $28.01 million and $493,890.94 worth of XSGD was traded on exchanges in the last 24 hours. Over the last week, XSGD has traded up 0.9% against the US dollar. One XSGD token can currently be purchased for approximately $0.75 or 0.00001220 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• 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 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.
• 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 2.3% lower against the dollar and now trades at $0.0124 or 0.00000020 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 3% higher against the dollar and now trades at $0.0978 or 0.00000160 BTC.

XSGD Token Profile

XSGD launched on October 4th, 2020. XSGD’s total supply is 83,617,320 tokens and its circulating supply is 37,270,114 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.”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase XSGD using one of the exchanges listed above.

XSGD/USD price chart by TradingView