XSGD or XUSD can be transferred to either a personal wallet (non-custodial address) or a supported Singapore-registered digital asset platform (custodial address).

Pre-requisites

Before initiating an outbound XSGD or XUSD transfer, ensure the following conditions are met:

• The blockchain address has been whitelisted on the StraitsX account (How to whitelist a blockchain address)
• The blockchain address and network selected for receiving XSGD or XUSD funds are correct.

Note: Due to the nature of blockchain transactions, transfers are irreversible. An incorrect or invalid address will result in the permanent loss of funds.

Transfer Out XSGD Stablecoin

To transfer XSGD from your StraitsX account, proceed with the following steps:

1. Navigate to the Home page on your StraitsX dashboard and select "Transfer Out".
2. Select "XSGD" as the asset you wish to transfer.
3. Choose "Blockchain Transfer" as your preferred method.
4. Under "Select network", choose the appropriate blockchain network (e.g., Ethereum, Polygon, Hedera, etc.).
5. Select your desired whitelisted blockchain address from the list. If no address is available, you must whitelist one first by clicking the "Link Blockchain Address" button.
6. Enter the desired transfer amount. Click "Transfer Out" to review the transaction details carefully.
7. A confirmation pop-up will appear. Confirm all information is correct before proceeding, as the transaction cannot be reversed. Then, click "Proceed".
   
8. Input the 2FA code from your authenticator app and click "Verify" to initiate the transfer.
   
9. Your transaction has now been submitted for processing.
   
   

Transfer Out XUSD Stablecoin

To transfer XUSD from your StraitsX account, proceed with the following steps:

1. Navigate to the Home page on your StraitsX dashboard and select "Transfer Out".
2. Select "XUSD" as the asset you wish to transfer.
3. Choose "Blockchain Transfer" as your preferred method.
4. Under "Select network", choose the appropriate blockchain network (e.g., Ethereum, BNB Smart Chain).
   
5. Select your desired whitelisted blockchain address from the list. If no address is available, you must whitelist one first by clicking the "Link Blockchain Address" button.
6. Enter the desired transfer amount. Click "Transfer Out" to review the transaction details carefully.
   
7. A confirmation pop-up will appear. Confirm all information is correct before proceeding, as the transaction cannot be reversed. Then, click "Proceed".
   
8. Input the 2FA code from your authenticator app and click "Verify" to initiate the transfer.
   
9. Your transaction has now been submitted for processing.
   
   

Processing Time

Transfers are processed after submission. Completion may take up to 1 business day, depending on the selected blockchain network.