TenX is a cryptocurrency payment platform. It aims to make cryptocurrencies spendable anytime, anywhere.
This was another hot ICO in June, raising nearly 246k Ether, worth roughly $58 million at the time.
The TenX token, PAY, started trading July 8 around $1.13. It got as low as $0.50 during the July sell-off. Now it’s right around $2 after reaching a high of $2.52 yesterday. The token recently started trading on Bter.com which helped push the price up.
TenX is debit card connected to your blockchain assets (so far BTC, ETH, and DASH). They have both a card issuing and a banking license. It also features zero fees and 0.1% cash back.
Token holders can earn rewards too. PAY holders will receive an incentive in ETH that amounts to 0.5% of the entire payment volume on the TenX platform.
Another interesting feature of TenX is the interoperability protocol called COMIT. It’s a protocol where every blockchain is connected. Interoperability is a big issue in the blockchain space. Co-founder Dr. Julian Hosp says COMIT can connect 95% of current blockchains.
Co-founder Julian Hosp is the one of people I like to follow in the cryptocurrency space. He’s done a bunch of videos on the TenX YouTube channel which you can find here.
You can already install the TenX app, just be aware it’s the ‘Unreleased’ version and may be unstable.
The TenX card is available in some places, but not everywhere yet. Check here for more details.
Sorry, a TenX card is not available in the US yet.
I own a few PAY tokens and plan to hodl.
For more articles on cryptocurrencies follow me @g-dubs.
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This post has received a 3.57 % upvote from @buildawhale thanks to: @buildawhale.
Hey g-dubs great post! can you tell me how to instead of having a link just having the name with the link attached?
Use markdown... for links you put [ ] around the word you want to link and the link in ( ) right after. Google
thank you g dubs!!
I go it... Nice Post
Nice! Best of the crypto pay cards I've seen so far. Wish you could get one in the US!
We will expand the subject please, I am very interested
Good idea, will do
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Thanks for the breakdown. I find PAY really interesting and hope it'll succeed. Cryptocurrency could use something familiar like a debit card to gain adoption with the masses.
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TenX is supposed to be available in the US very soon:
•
Also they have a whitepaper online that provides a lot of detail:
• https://www.tenx.tech/whitepaper/tenx_whitepaper_final.pdf