We’ve made a lot of progress to the StraitsX ecosystem since the launch of our Singapore-dollar backed stablecoin, XSGD. We’ve also received some enquiries from the community asking how to get XSGD. So, we’ve prepared a comprehensive tutorial to make it easier for anyone to get their XSGD tokens directly from the Xfers platform.
Disclaimer: You have to be an Xfers verified user to get XSGD on the Xfers platform.
Note: If your blockchain address was already verified, please proceed to Step 2.
XSGD withdrawals are limited to 50 XSGD to blockchain addresses that have not yet been verified. To get your blockchain address verified and lift the limit, follow the instructions below:
If your blockchain address is a deposit address with a digital asset platform or digital token exchange, you should choose the corresponding platform in the dropdown menu.
If your address is your own hardware wallets or any wallet software for which you control the private key, you should choose Personal Address.
That’s all for adding a blockchain address!
Before proceeding to the next step, please take note of the following:
If you’ve submitted a Personal address, please proceed to Step 1b.
If you’ve submitted a Custodial address, please proceed to Step 2.
If you’ve submitted a Personal Address for verification, we will need to check that the blockchain address you‘re controlling this address.
This process will require you to withdraw XSGD tokens to the blockchain address you’ve just added and then depositing some XSGD tokens back into your “Digital Goods Wallet”.
Before proceeding, please ensure that you have deposited funds into your “Digital Goods Wallet”. You can find instructions on how to do so here.
Before proceeding, please ensure that you have deposited funds into your “Digital Goods Wallet”. You can find instructions on how to do so here.
Once your blockchain address has been verified, you will be able to withdraw XSGD into your verified blockchain address. To do so, follow these steps:
And that’s how you can get XSGD from the Xfers platform!
If you have any questions, please visit our FAQ page or submit a ticket to our customer support here.
For any business-related questions or for StraitsX business development enquiries, please send us an email at [email protected].