Review on TenX by Temitope Babatunde
Wallet With Good Objective
Tenx wallet was established to solve a problem that many have been trying to solve, that is, how to make the spending of cryptocurenccies possible in day to day activities. Tenx wallet is handy work of Tenx company, a company that is based in Singapore. The wallet has good team behind it, with Hoenish as CEO and Julien as the President of Tenx.
The wallet is very simple to use and it is available on android and ios mobile version, user just need to download the app and follow the instruction for setting it. It is a multisignature wallet and has 2Factor Authentication and finger print recognition for security purpose. With this wallet you can spend btc, eth and ltc easily and many coins will be added with time. It also promise to produce the debit card.
It is built on Comit protocol which is Cryptographically Secure Off chain Multi asset Instant Transaction, this allow easy passage of coins through different blockchain. Tenx is in partnership with many companies like Digix global, Litecoin foundation etc. As at now the wallet has not been made available globally for the purpose of which it was established, but the team is working assudiously to achieve their objective.
In conclusion Tenx wallet has not been known for having any special feature but it is somehow secure and can be tried.
Pros
- It is multisignature
- The transaction fees is very minimal or even closer to zero.
- Users keep the private key of their wallet
- Available on android and ios mobile phones, thereby making its usage easier since it can be accessed anywhere.
- The company Tenx is licenced in Singapore.
Cons
- Not yet available worldwide
- The wallet has support for bitcoin, ethereum and litecoin only
- There is KYC.
