How to transfer XSGD to StraitsX?

Could you please elaborate on the process of transferring XSGD to StraitsX? I'm a bit unclear on the steps involved and would appreciate a step-by-step guide. Specifically, I'm interested in knowing if there are any prerequisites or account setup requirements before initiating the transfer. Additionally, I'd like to understand the fees associated with the transfer and the estimated time it takes for the funds to reach the StraitsX platform. Clarifying these details would greatly assist me in making an informed decision and executing the transfer successfully.