We are excited to inform you that XSGD, a stablecoin pegged to Singapore dollars created by Xfers, has been listed on Coinut! That means, you are able to deposit/trade/withdraw XSGD from now on.
Deposit / Withdraw XSGD
The deposits of XSGD are free on our platform but we do charge a blockchain fee for XSGD withdrawals.
You can either convert SGD to XSGD or vice versa through our platform, there will be a fee of 0.05% on takers while makers will be free of charge. Alternatively, you may also do the conversion through Xfers and then deposit to your Coinut's XSGD deposit wallet address.
For more information, you may refer to Xfers' FAQs on
Characteristics of XSGD:-
- 1:1 backed by Singapore Dollars with a fully regulated MAS-approved banking institution
- Open-source blockchain protocols - ERC-20 and ZRC-2
- Secure, Scalable, and Transparent
- Frictionless Settlements
On Coinut, you can trade XSGD with the following pairs:-
Please take note that Coinut supports XSGD ERC20 only at the moment.
The Coinut Team
(Last updated: )