Item: xfers
Rating: 3.91

Related information

Issue Time

2021-02-17

Platform pertained to

Current price

$0.7490USD

Market Cap

$31.216mUSD

Volume of Transaction

24h

$334,642USD

Circulating supply

41.924mXSGD

Volume of Transaction

$1.368mUSD

Change

24h

0.00%

Number of Markets

105

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WikiBit Risk Alerts

Previous Detection 2024-11-15

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

xfers Price Chart

Introduction

Markets

0.00%

-1.7%

+2.51%

All

+0.09%

Xfers is a financial technology company based in Singapore that offers digital payment infrastructure. It is not directly a cryptocurrency but supports crypto-related transactions by providing a stablecoin platform called StraitsX. The platform issues XSGD, a stablecoin pegged to the Singapore Dollar, facilitating seamless and secure transactions within the digital economy.

XSGD can be used for various financial transactions such as remittances, payments, and trading on cryptocurrency exchanges. It combines the stability of traditional fiat currency with the efficiency of blockchain technology, ensuring fast transaction times and reduced costs.

Xfers aims to enhance financial inclusion by simplifying access to digital payment systems and improving transactional efficiencies across Southeast Asia. By leveraging blockchain technology, Xfers provides a reliable and compliant bridge between traditional finance and the emerging digital economy, promoting broader adoption of digital assets in the region.

xfers Market

Exchange

Score

24h trading volume

Percentage

Updated

User Reviews

6 ratings

Participate in evaluation

KL JF

Xfers faces uncertain future due to regulatory uncertainties. Potential impact on market growth and user adoption remains a concern.

2024-07-06 19:13

Michael Kee Khiok Leong

The project's lack of transparency and inexperienced team have hindered its potential for market adoption and growth. Security concerns and regulatory uncertainties further dampen investor confidence. Despite a loyal community, the token's volatile history raises doubts about its long-term viability.

2024-03-13 15:31

Ainul Mardiah

Decentralized network shows promise in solving real-world problems with strong community engagement and solid security measures. Potential for market acceptance and sustainable token economics.

2024-07-28 13:51

Oke Oce

The tokenomics of xfers shows promising economic sustainability with well-balanced distribution and inflation mechanisms. It has the potential to attract both investors and users, driving market growth and value.

2024-03-13 12:06

เถลิงศักดิ์ ปักษ์ประจำ

Great potential for Xfers in the cryptocurrency market. Strong technology, practical applications, experienced team, growing user base, and a supportive community. Exciting!

2024-06-06 09:39

Edo.Phoenix

Potential for xfers to revolutionize the market with its innovative blockchain technology, impressive consensus mechanism, and strong focus on user anonymity. Exciting prospects for real-world applications and widespread adoption, backed by a transparent and experienced team. Solid tokenomics and a growing community further boost its long-term viability. High volatility, but the rewards could be substantial. Exciting times ahead for xfers!

2024-05-06 13:06