TenX could be a payment company, giving debit card and mobile wallet funded by cryptocurrency. Partnering with VISA and Mastercard, TenX wallets is utilized in nearly 200 countries at over 36 million points of acceptance these days.
The credit card corporations charge the merchants 2% of the dealings amount, like different forms of credit cards. TenX generates revenue by having a revenue share agreement with its credit card partners.
TenX cards are open for application on June 20, 2017
Pros
TenX, in contrast to different alts truly has an operable product which will be used presently. this is often such a crucial issue once attempting to see the worth of cryptos. Also, co-founder julian Hosp is a particularly intelligent and actuated individual with a competitive and realistic understanding of what must be done to achieve the goal of thought adoption.
TenX is finding most likely the foremost vital drawback of crypto currencies easy integration. permitting the plenty to truly use cryptos can do what all us early adopters need it to do subtract institutional power away and grant it to the individual.
Another feature of TenX is that the new COMIT school they're introducing. COMIT permits for TenX to directly act with any blockchain. My biggest professional for TenX is that it's correct leadership and that they are the primary to plug with this idea and execution.
Cons
TenX still should face doable legal struggles with the U.S. we don’t totally knowledge the govt. can react legislatively. Another drawback is that the worth of the PAY token. TenX could be a service supplier that rewards you PAY tokens for victimization the service. they might simply interchange the tokens with the other crypto.
So, i do not see any intrinsic worth within the currency itself. we still do not even apprehend if alts can survive. there's abundant mention what coin can simply become the foundation chain and what everything are designed off of. What lots people construe is that BTC, ETH, etc are not simply currencies; These are OS’s.
Alts will and can be designed off of BTC, ETH, etc. These alts would then lose the necessity for his or her separate currencies, leading them to simply default into BTC, ETH, etc; deeming the previous currency useless.
What is the Comit Network?
The Comit Network, found online at Comit.network, could be a cryptographically secure off-chain multi-asset instant dealings network.
It’s a payment platform that “can give an equivalent final and stylish answer because the web did for information”. It guarantees to supply resistance, low cost payments for users everywhere the globe, as well as true international access while not limitations to any plus or business method connected to the blockchain.
TenX Fees
TenX offers a astonishingly simple fee structure. Here’s what quantity you’ll get the assorted TenX services:
Physical Card supplying Fee (Covers Shipping and Tracking): $15
Virtual Card supplying Fee: $1.50
Physical Card Annual Fee: Free (or $10 if you spend less than $1,000 a year)
Virtual Card Annual Fee: Free (or $10 if you spend less than $1,000 a year)
Foreign Exchange Fee: 0.33
There are sure limits to your payment. normal accounts are restricted to 200 EUR per ATM withdrawal and a daily payment limit of 2500 EUR per day. However, upgraded accounts will pay up to 10,000 EUR per dealings, 20,000 EUR per day, and 1,000 EUR per ATM withdrawal.
Market summary
Current worth - $2.91
Market Cap - $304,087,157
Volume (24h) - $10,718,800
Circulating supply - 104,661,310 PAY
Total supply - 205,218,256 PAY
Features
Spend your cryptocurrencies in reality
The TenX case and also the TenX card are tested by well-known figures within the trade with payments in fifty countries across the globe. accessible currently on iOS, Android, and also the internet.
Real-time, clear rates
What you see is strictly what you get. No difficult fees. Use blockchain assets with an equivalent convenience like your native currency. The minimum fee enables you to pay your assets along with your mind comfy whether or not domestically or after you are abroad.
MULTI-BLOCKCHAIN PLUS SUPPORT
TenX supports blockchain assets across multiple blockchains. presently support Bitcoin, Ethereum, Ethereum ERC20 Tokens (DGX, REP, TRUST, ANT, etc.), DASH – more are coming back.
DECENTRALISED SECURITY SMART CONTRACT (DSS)
You are the holder of the DSS key and fully management of your funds. you'll fine tune your security settings at anytime with the sensible contracts. From payment limits, Daily Limits, Portfolio payment, Widthdrawal setting etc.
PAYMENT PLATFORM FOR BLOCKCHAIN ASSETS
The platform connects assets and businesses on blockchains to the real-world in an exceedingly localised manner. Developers will develop security sensible contract modules, businesses will connect their users and usecase to real-world payments.