TenX Situated in Singapore, Pte. Ltd. boasts robust industry backing. TenX clinched the top spot at the DBS Blockchain Hackathon under its former name, OmniChain, and progressed through PayPal's startup incubation program.
When TenX comes to mind, many envision the company's acclaimed debit card, a seamless bridge for using crypto from your mobile wallet for transactions worldwide, both online and in-person, void of foreign exchange or transaction fees.
As a Singapore-headquartered enterprise, it kicked off locally with 1,000 beta testers. The testing soon extended globally, with thousands of new users adopting the TenX card and wallet in over 50 countries, underlining the product's broad appeal.
What Assets Are Supported?
TenX is actively broadening its range of supported blockchain assets. Presently, you can transact with Bitcoin, Dash, Ethereum, and a variety of Ethereum ERC20 tokens, including ANT, TRUST, REP, DGX, and more.
What Are the Rewards?
TenX users benefit beyond zero fees. Token holders receive 0.5% of their rewards in Ethereum, while card users earn 0.1% in PAY, distributed monthly, with the intention of faster reward processing in the future. Remember, the TenX card operates as a Visa.
Even with waived exchange or transaction fees, TenX users encounter a $10 charge on both physical and virtual cards, lifted after spending $1,000 annually. Reissuing the physical card is $15, plus $1.50 issuance for activating virtual cards. A minimal $2.75 ATM fee also applies, all automatically deducted from your account.
What Alternatives Exist for Non-Card-Based Transactions?
With web and iOS app access, TenX ensures effortless transactions via mobiles or computers; however, your TenX account is single-device capped, anticipated to change later to allow multi-device logins. Nonetheless, accounts are sychronized across Android, iOS, and web platforms, tied to your phone number and email.
What Are PAY Tokens?
PAY serves as TenX's transactional currency. Since its token sale concluded on June 24, you can only acquire PAY through crypto exchanges that continue to expand. PAY tokens can be safely stored in any ERC20-compatible wallet, though spending them via the TenX card requires them in your TenX wallet.
How to Create a Ten X Wallet
Accessing your PAY tokens is feasible via an app ready for download on both Android and iOS, enabling payments and storage management. from their website A straightforward signup awaits new users, involving name, email, and phone entries, email and text verifications followed by your local currency selection to access an online wallet for cryptocurrency deposits, payments, or ordering a TenX card.
There is also a web interface Without a special code, obtain a physical payment card for $15.
Currently, purchasing involves acquiring Bitcoin or Ethereum and exchanging them.
Как купить TenX Pay
We’ll walk you through buying crypto via Credit or Debit cards using a particular site, then swapping it for PAY Tokens. на бирже .
For first-time cryptocurrency buyers, Coinbase is our recommendation. Known for its usability and US government regulation, it's a safe and reputable platform offering Bitcoin, Litecoin, and Ethereum purchases with cards or bank transfers. Instant delivery offsets higher card fees. Coinbase Account creation mandates identity verification, aligning with strict financial standards. Note: Changelly .
Регистрация на Coinbase
Gain $10 in free bitcoin after your first $100 purchase.
Begin by hitting 'Sign up', fill in your name, email, and password. наша ссылка для регистрации Post-registration, Coinbase sends an email link for account verification. After email confirmation, you’re redirected to verify your identity using an ID—be it a passport or driver’s license. Add payment details like a bank account or card; once verified, you're ready for your first purchase.
To acquire Ethereum for subsequent cryptocurrency swaps, navigate Coinbase's 'Buy / Sell' tab. Choose 'Ethereum', select your payment, and specify your desired purchase in USD or Ether.
Verify your transaction, potentially completing additional card verification. Upon completion, Ethereum appears in your account.
Покупка Ethereum или Bitcoin
Proceed to Changelly for exchanging Ethereum to PAY.
Input the amount of Ethereum to convert, review your anticipated PAY amount, and if satisfied, click the green 'Exchange' button.
Используя Changelly
Register using a social account or email at the next screen. Используй эту ссылку Afterward, a transaction overview page appears; validate amounts before continuing with the green 'Next' button.
Input your Waves wallet address for the coins when prompted on the subsequent screen. Paste and hit 'Next'.
A final review page appears; ensure accuracy before proceeding.
Changelly lists an address for your Ether transfer. Copy it, return to Coinbase.
Access 'Accounts' in Coinbase, select 'Ethereum Wallet', click 'Send'.
Paste Changelly's provided address.
Отправь свой Ethereum или Bitcoin
Hit 'Continue', confirming via email or phone if two-factor authentication is set.
The Ethereum network processes the transaction, anticipated shortly, tracked within Changelly with updates provided:
On completion, a 'Transaction Complete' message confirms your PAY tokens in your TenX Wallet.
TenX offers users a Decentralized Security Smart contract (DSS), granting full control over funds and security settings, adjustable for spending, withdrawals, and daily limits. Holding a banking license legalizes its role in blockchain transaction facilitation.
- Ожидание платежа
- Обмен
- Отправка в ваш кошелек
TenX's platform aligns with various blockchain assets, connecting them to everyday businesses. This decentralization allows businesses to seamlessly accept payments and developers to build secure smart contract modules, integrating transactions from bank accounts and cards to mobile wallets and shops.
Как TenX обеспечивает безопасность?
Beyond the card, TenX is developing
Deciphering the Payment System Behind the Scenes
, a Cryptographically-secure Off-chain Multi-asset Instant Transaction network, that’ll operate alongside current infrastructure using channels, liquidity providers, and hashed contracts to form a cross-chain asset conversion network.
Что такое COMIT?
With the COMIT protocol, blockchains interconnect, profoundly scaling and expanding the blockchain ecosystem's inclusivity. COMIT A Newcomer's Manual to Getting Started with TenX (PAY): Insights, Analysis & Guide to Acquisition
All-Encompassing Overview on TenX PAY: Comprehensive Breakdown of Features, Creating a Secure Wallet, and Purchasing PAY Tokens via Credit Card or Bank Transfer
Заключение
Pte. Ltd., nestled in Singapore, enjoys robust backing from the industry. TenX claimed first place at the DBS Blockchain Hackathon as OmniChain and graduated from PayPal's startup incubator program.
1Comment
does this card work in Pakistan??