- In mid-2016 another blockchain-based project, TenX, saw the light of day. The main benefit of TenX is the availability of cryptocurrencies for everyday use. TenX issues a prepaid debit card (VISA) that serves as an instant exchange office. You can send cryptocurrencies to the card, which are converted into traditional currencies (EUR, USD) when paying by card. The disadvantage is that the company charges a considerable fee for card payment: 2% of the transaction. In addition, if you spend more than $ 2,000 on a card in 1 year, you must verify your identity.
- Another TenX product is a mobile wallet that can store any blockchain-based asset (such as cryptocurrency). TenX also has its own PAY blockchain with tokens. PAY is something like shares or shares, so PAY token holders "own" the TenX system and earn ETH for each payment with this service. PAY tokens total 205 million.
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