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XSGD Price (XSGD)
$0.745326
0.57%
Rank #258
XSGD Price Chart (XSGD/USD)
Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 Bittrex |
XSGD / USDT | $0.74740000 | 0.50% | $34,628 | |
| 2 |
 Tokenize |
TKX / XSGD | $0.74972200 | 2.24% | $989,046 | |
| 3 |
Tokenize |
ETH / XSGD | $0.74848356 | 1.00% | $591,484 | |
| 4 |
Tokenize |
BTC / XSGD | $0.74956620 | 1.19% | $438,823 | |
| 5 |
Tokenize |
MATIC / XSGD | $0.74353731 | 2.79% | $391,111 | |
| 6 |
Tokenize |
ZIL / XSGD | $0.74844373 | 1.15% | $11,259 | |
| 7 |
Tokenize |
USDT / XSGD | $0.75346313 | 1.66% | $2,622 | |
| 8 |
Tokenize |
XRP / XSGD | $0.76950488 | 2.24% | $1,811 | |
| 9 |
 CEX.IO |
XSGD / USD | $0.74720000 | 0.01% | $58 | |
| 10 |
Tokenize |
AAVE / XSGD | $0.74258339 | 2.12% | $5,051 | |
| 11 |
Tokenize |
SUSHI / XSGD | $0.74222478 | 2.09% | $2,178 | |
| 12 |
Tokenize |
FTM / XSGD | $0.73771461 | 2.00% | $375 | |
| 13 |
Tokenize |
USDC / XSGD | $0.74085777 | 1.59% | $84 | |
| 14 |
 Liquid |
XSGD / SGD | $0.70677600 | 8.00% | $71 | |
| 15 |
Liquid |
XSGD / USDC | $0.70076100 | 10.09% | $70 | |
| 16 |
Tokenize |
AVAX / XSGD | $0.74061805 | 2.02% | $1,555,502 | |
| 17 |
 Coinstore |
XSGD / USDT | $0.74516200 | 1.11% | $1,049,976 | |
| 18 |
Tokenize |
LINK / XSGD | $0.73963337 | 1.99% | $154 | |
| 19 |
 Indodax |
XSGD / IDR | $0.70587000 | 0.80% | $3 |
XSGD Price Statistics
$1
24H Range
$1
- XSGD Price Now $1
- 24h Low / 24h High $1 / $1
- Trading Volume $6,753,766
- Market Cap Rank #381
- Market Cap $55,230,052
- Volume / Market Cap 0.1223
-
All-Time High
$1 -44.94%
Nov 14, 2021 -
All-Time Low
$1 20.36%
May 19, 2021
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What is XSGD Cryptocurrency?
Introduction
XSGD is a stablecoin that aims to bridge the gap between traditional currencies and cryptocurrencies. It is designed to be fully collateralized by Singapore Dollars (SGD), making it a reliable and secure digital currency for users.
Stability and Trust
XSGD is backed by a 1:1 reserve of Singapore Dollars held in a regulated trust account. This ensures that the value of each XSGD token is always equivalent to one Singapore Dollar. The reserve and issuance of XSGD are regularly audited to maintain transparency and trust.
How Does XSGD Work?
XSGD operates on the Ethereum blockchain, utilizing smart contracts to facilitate transactions and maintain the stability of the stablecoin. Each XSGD token is fully redeemable for SGD at any time, allowing users to access their funds easily.
Benefits of XSGD
1. Stability: XSGD provides stability in value due to its 1:1 peg with the Singapore Dollar, making it reliable for everyday transactions.
2. Fast and Low-Cost Transactions: With XSGD, users can transfer funds quickly and at minimal fees, eliminating the need for traditional banking intermediaries.
3. Global Accessibility: XSGD is accessible to anyone with an internet connection, enabling seamless transactions across geographical borders.
Use Cases
XSGD has various use cases, including:
1. Remittances: XSGD can be used for cross-border remittances, allowing individuals to send and receive funds internationally without the need for intermediaries.
2. E-commerce: Merchants and consumers can use XSGD for online transactions, benefiting from fast and secure payments.
3. Stable Asset: Investors seeking a stable digital asset can hold XSGD as a store of value during market volatility.
Conclusion
XSGD cryptocurrency offers a stable and reliable digital currency option for users, allowing them to enjoy the benefits of blockchain technology without the price volatility associated with traditional cryptocurrencies. With its 1:1 peg to the Singapore Dollar and transparent reserve system, XSGD provides stability and trust in the digital currency space.