TenX – Spend and Handle Your Cryptocurrency With Ease

The thing about cryptocurrencies is that most of it is based on speculations. The belief is that flexibility in terms of more use cases especially in “real life” would attract investors which would eventually increase adoption. Cryptocurrency has not yet received the mainstream adoption that the entire crypto community is looking forward to. Although crypto is yet to be widely accepted as a means of payment, it has been recognized and adoption is increasing.

If you have ever tried introducing cryptocurrency to someone, then one of many questions you probably encountered is “How do I spend my cryptocurrency without trading it on exchanges?” That is a good question because you probably started off by citing different examples of what crypto can be used to do but presently, most of them are only valuable on exchange. What this has done is to increase the transaction chain. For instance, If you want to invest in crypto, you have to convert fiat to bitcoin (or one of the top cryptocurrencies) then to the cryptocurrency of your choice and when you want to cash out you convert back to Bitcoin or Ethereum first then back to Fiat, all this on a cryptocurrency exchange. That’s a long one.

Another issue is that one exchange account is never enough because the cryptocurrency you want to invest in or have already invested in may only be available in one exchange. So you have no choice but to get an account on the new exchange, apply for KYC verification and start backing up passwords all over in order to secure your account. Not to mention that once in a while, an exchange hack pops up in the news and people lose hard earned funds.

What if you could spend any cryptocurrency of your choice anytime, at anywhere without having to go through the trouble of going through an exchange(s)? That is exactly what TenX does. TenX allows youto be in charge of your cryptocurrency. With TenX, users can hold, spend and receive cryptocurrencies – seamlessly.

TenXWhat Is TenX?

TenX is a cryptocurrency payment company that provides a digital wallet and physical card that can be used to spend a variety of crytocurrencies anytime and anywhere (at 36 million points of acceptance in almost 200 countries) to any merchant even if they do not accept cryptocurrency payments.

TenX is based in Singapore and is the first crypto card payment service company. The TenX wallet and debit card is built on the Comit network which is a routing protocol that facilitates payments across blockchains. TenX makes it easier and faster to use and spend crypto. The TenX platform will grant users access to a wide range of blockchain digital assets at the highest degree of convenience in a very secure manner.

Developers will be able to develop security smart contract modules and businesses would be able to connect their clients while offering real-world payments.

TenX Wallet and Debit Card

TenX wallet is a multi-currency wallet that makes it easier to use your cryptocurrency at your convenience. The tenX debit card (which would also serve as a credit card in the future) will work almost the same way as regular debit cards. It can be described as the crypto debit card.

TenX debit card

The TenX platform and wallet currently supports major cryptocurrencies such as Bitcoin, Ethereum and Litecoin along with Ethereum ERC-20 standard tokens. The TenX team is working hard to increase the number of cryptocurrencies the TenX platform supports because they want to offer the largest possible range of digital assets on the blockchain available on android, iOS and web.

To access the TenX wallet, simply download the TenX app (not available in the U.S yet), enter your email address and phone number to set up your account. A multi-currency wallet will be created instantly and users can proceed to fund their wallet with supported cryptocurrencies. TenX wallet uses a decentralized security system that would give users access to their private keys.

The crypto funds in the wallet do not need to be converted to fiat currency until a transaction takes place. Price conversions are done in real-time using market prices at the moment of conversion. On the TenX application, users get to select which of their digital assets to use as payment. Also conversions can be done between different blockchain assets, for example, Bitcoin can be converted or swapped to Ethereum or Litecoin on the TenX wallet using real-time prices.

As a security measure, users can lock and unlock their debit card through the TenX app which is even more secure than conventional card systems. Withdrawals can also be made to other crypto wallets without having to pay transaction fees. Users can also adjust their settings to suit their preferences at anytime with the smart contract. Settings like spending limits, daily limits, withdrawal settings, etc can all be adjusted on the TenX app.

Why TenX?

Depending on how early you discovered and embraced cryptocurrency, you have probably accumulated a lot of coins and it may have already dawned on you that you have very limited options of spending them. TenX increases the spending options by providing card payment services that can be used to make payments to any merchant regardless of their crypto acceptance status.

TenX mission is to bring the entire financial system right to your fingertips.

With the TenX wallet and debit card services, you get access to different cryptocurrencies on different blockchains (including top crypto's like Bitcoin, Ethereum, Litecoin) all at your own convenience. Security of funds and personal data is also covered through very high security standards and a compulsory 2-factor authentication (2FA) for all TenX users. Currently, the private keys to all TenX wallets are secured using a industry hot and cold storage solution but users will have access to their private keys as soon as the Comit network goes live.

The TenX app will have email notifications for receiving or sending out finds (basically any type of account usage) which comes in handy in case there is a fraud attempt, owners will be alerted.

In summary, the main selling points of cryptocurrency are scalability, security and decentralization. But all this would be of no use if we have very few ways of spending them. TenX helps you to use your cryptocurrencies as you wish and anywhere at any time in a very simple way. To find out more about TenX please visit the following websites:

· Project Website: https://tenx.tech/en/

· Products & Services: https://tenx.tech/en/wallet and https://tenx.tech/en/card

· Wallet App: Android. iOS.

· TenX Team: https://tenx.tech/en/our-team/

· TenX Story: https://www.youtube.com/watch?v=OKhssqtezn4

· TenX Official Chat: https://chat.tenx.tech/home

· Facebook: https://www.facebook.com/tenxwallet/

· Medium: https://blog.tenx.tech/

· TenX Twitter: https://twitter.com/tenxwallet

· TenX Instagram: https://www.instagram.com/tenxofficial/