TenX has figured out how to solve one of the biggest problems for people that are involved in cryptocurrency – actually spending the currency.
How does it work?
Once the user has downloaded the TenX App, he simply enters his phone number and email
address to set up an account.
A multi-currency wallet will be created automatically, which the user can then fund with
different cryptocurrencies. The private key to each TenX Wallet is currently secured via an
industry-standard hot & cold storage solution. By the end of 2017, we will directly link the TenX
Wallet to the COMIT network, thereby allowing users to store their own private keys.
The cryptocurrencies do NOT need to be converted to fiat money until an actual transaction
happens, in which case such conversion will be conducted in real-time. The user can choose
between different blockchain assets as a source of payment within the TenX App. Further, the
user can conveniently convert a wide range of blockchain assets such as BTC, ETH and DASH
from one to another by simply using his TenX Wallet.
The user can choose to order a TenX Card, a virtual and/or physical debit (and in time to come,
credit) card, directly within the TenX App. As a security measure, we allow a user to lock and
unlock his card through the TenX App. This makes our system more secure than traditional
credit and debit card systems.
The user can withdraw his blockchain assets and transfer them to another cryptocurrency wallet
without incurring any fees for such transfer at any time.
Fees:
Paying Ethereum ETH in real-time through the TenX card:
https://www.youtube.com/watch?time_continue=3&v=bdyC_QEqN1U
source: https://www.tenx.tech
If you like TenX please resteem!
Do you know what the exchange fees are between cryptos when using TenX? Thanks.
Hi [-]mawit07
Please, see the fees table in my post.
good job. Upvoted!
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