TenX (PAY)
TenX (PAY) price, charts, market capitalization, history. Check TenX live and history price in charts and tables, do analysis with special PAY tools below. One of the most recurring challenges that cryptocurrencies face is how to make these currencies work in the real world. TenX aims to solve this problem of how to adapt cryptocurrencies to real world use. It seeks to offer a means through which blockchain assets can be available for use not just to industry insiders but to individuals in the real world. With the emergence and ever-increasing number of different tokens, many businesses and individuals find it difficult to interconnect physical platforms with virtual platforms. TenX strives a way through which these users can have access to a large range of these blockchain assets with maximum convenience, in a safe and reliable manner. With products like the TenX debit card and banking license, users can act as hubs for a blockchain ecosystem through which blockchain assets can be used in the real-world.
TenX price chart
Currency converter
TenX connects this vast array of blockchains by using the COMIT network, which includes the use of Cross-chain Payment channels and a COMIT Routing Protocol which together work in an instantaneous, completely trustless and low-cost manner. Some advantages of TenX products are:
- The TenX wallet is compatible and accepts any blockchain asset. The TenX wallet is a mobile wallet which does not only accepts funding via Bitcoin (BTC), Dash (DASH) and Ethereum (ETH) but also accepts funding using any other blockchain asset. As a result of TenX’s card issuance partnerships with major credit card companies such as Mastercard and VISA, its virtual and physical debit card can be used at over 36 million points of acceptance in over 200 countries.
- Another advantage of TenX is the fact that assets are stored in cryptocurrency. By using cryptocurrency to store these assets, assets are secured and do not have to be converted into fiat money until a transaction actually happens which will be done in real time.
- Without incurring any fees, users can withdraw and transfer blockchain assets from one TenX wallet to another cryptocurrency wallet. Also, TenX has the best fees for the exchanging foreign currencies and performing transactions with no additional charges
- Users of TenX products are rewarded 0.1% for any purchase made. The incentives are transferred to users in the form of PAY tokens on a monthly basis at the beginning which will eventually become more frequent – like on an hourly basis. This will give users a chance to own PAY tokens and eventually benefit from potential increase in the value of the ticket.
By downloading and using the TenX App, users can choose to order a physical or virtual TenX debit card which can only be locked and unlocked via the TenX App. Alternatively, TenX users can use their TenX wallets to spend their blockchain assets via their mobile devices both online and offline. For security purposes, TenX cards can only be locked and unlocked through the TenX App. With the increasing popularity of cryptocurrencies and tokens, TenX will eventually be used in the real world by people from all walks of life. During the TenX ICO which took place on the 24th of June 2017, 200,000 PAY tokens were old and given the fact that it is still a relatively new currency, there is a lot of room for growth.
On Friday, July 7th 2017 at 4 PM (UTC), TenX announced that the PAY token will start trading on Bittrex which is one of the largest crypto-exchanges in the world today. Around 205 million tokens will become moveable and tradeable thus providing an equal chance for buyers and sellers. Trading begun exclusively on Bittrex in an effort to maximize liquidity. Given the fact that over 30,000 people were left without a token when TenX launched its PAY token, the fact that TenX has become tradeable is a chance to grab some PAY tokens as their prices will only keep increasing due to the high demand.
