TenX- Spend Your Cryptocurrencies Anywhere You Go

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From the beginning, bitcoin was created to serve as a means to instantly transfer value between two users across the globe at a cheap cost. Sadly, it never really attained its initial objective. Why? This is because, after traders have completed a transaction with bitcoin they'll still need a bank or centralized exchange platform that'll enable them to revert their crypto's into Fiat for immediate use.

Before the emergence of TenX, traders were having a difficult time when spending their cryptocurrencies. From the image above, we must have gotten a glimpse of an idea about this topic. However, TenX is a digital wallet and a physical crypto card that allows users to spend cryptocurrencies where ever both MasterCard and Debit cards are allowed. It's pretty frustrating when we can barely spend our coins the way we wish without going through a hectic process, or even fall into the traps of fraudsters. Aside from Overstock.com and other centralized exchange, our options are in fact pretty limited. In order to end these problems, TenX created an iOS wallet (for mobile) and WebApp (for desktop) that are able to get along well with various blockchain assets.

Making Cryptocurrencies Spendable Anytime Anywhere.

Meeting the needs of traders in terms of spending their cryptocurrencies as they wish has been the vision and objective for TenX. Remember the TenX wallet currently only accepts Bitcoin, Dash, and Ether, more coins will be added to their wallet in times to come. To prove the utility of this wallet, over 200 countries are already using this card (at the time of writing) to get something at the store, pay for a cup of coffee or even pay for a book at the bookstore.

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How does TenX work

Above everything, the purpose of TenX wallet is to foster the instant spending of blockchain assets anywhere around the world. In order to execute this tenet, they've built a wallet system that is backed by the "COMIT NETWORK" (the authorization of payments across blockchains).

That's not all, Tenx offers free spending and ZERO exchange fees. Here in Nigeria, we're charged between $1-2 every month for the maintenance of our MasterCard/Debit card and roughly 0.60 cents for every transaction we make. It's really awful and terrifying when we save our money in these centralized banks. However, this isn't the same with TenX, users will be charged an annual fee of $10 that'll cover both transaction and maintenance of the card (both physical and virtual cards) also, there's a limit at which users will spend their cryptocurrencies.

It's very simple, all you have to do is to download the TenX wallet on Play Store (for mobile users) or Tenx.Tech (for desktop users).

Decentralized security smart contracts (DSS)

Another crucial feature about the TENX platform is it's decentralized security smart contracts (DSS). Once the user has successfully installed the app and Set up the payment system, they'll be in full control of their funds. That's not all, users can fine-tune their security settings at their desired time via smart contracts. They can as well adjust the security settings for portfolio spending, daily limits and so on... Remember TenX relies solely on the Comit Network for their assistance. Source.

TenX trading

The TenX token took everyone by surprise when it spiked to an all-time high price of $5.60 in August. This impressive price was as a result of the sales it made from the cards as well as their token being listed on Tunbi - one of the largest cryptocurrency exchanges in China.

At the time of writing, the TenX token has fallen to $1.50-$2.00, the reasons for this fall is unknown. But there's every possibility that once the card is available to be purchased by US residents, the prices might spike back to $5 or even more. source

TenX founders

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Basically, no matter how great any project is, it'll never reach its goal or achieve it's full potential without the help of an elite team working together to get it done. Which is why I am confident about this project (TenX), it's exceptional members ranging from the CEO to the Engineers, Product management, compliance, and the marketers all working together for the advancement of the project.

A wise man once said;

A great team is usually a good balance between experience and academics.

"Two captains can't be on the same ship". A great team is usually a good balance between experience and academics.I believe TenX will be successful because they have a great product, a great idea and a great team.