Bank transfers in and out of your StraitsX personal account is free.
Transfer Method | Currency or Token | Fees |
---|---|---|
Bank Transfer In | SGD | Free |
Bank Transfer Out | SGD | Free |
Mint | XSGD | Based on Network Fee* |
Blockchain Transfer In | XSGD | 0.5 XSGD for amount ≥ 10 XSGD |
Blockchain Transfer Out | XSGD | Based on Network Fee* |
Bank Transfer In | USD | Free |
Bank Transfer Out | USD | Flat fee of USD 40** |
Blockchain Transfer In | USDC/USDT/XUSD | 0.5 for amount ≥ 10 |
Blockchain Transfer Out | USDC/USDT/XUSD |
XUSD |
* Network fees are capped at 30 for Ethereum, 1 for Polygon and Avalanche.
** Please note that separate bank transaction fees may also be charged by your respective bank for each transaction. These fees are not imposed by us. For more information, please contact your bank directly.
This network fee is dependent on the congestion on the blockchain at the time of the transfer. The more traffic on the blockchain, the higher the cost of the network fee. All network fees will be settled in the token itself and are capped at 5 XSGD for Ethereum and Polygon Network.