TenX| An Overview Of The Decentralized Blockchain And How To Get Started

osigbhemeh (64)in #tenx • 6 years ago (edited)

Since the emergence of the very first decentralized cryptocurrency, bitcoin in 2009, we've experienced an increase in different blockchains over the years. Each of these blockchains are charged with serving different purposes, from identity management, smart contract execution and many more. TenX can be said to be a cryptocurrency platform where there's provision for both a digital wallet and a physical card that can be used to spend different kinds of cryptocurrencies anywhere at any point in time, to any merchant, even though they do not accept cryptocurrency payments. Simply put, Tenx can also be said to be a blockchain company that aims to provide debit card services for cryptocurrencies.

Possessing cryptocurrency is one thing, trading it is a whole different thing. Many persons who possess cryptocurrencies are faced with different challenges like how to spend these coins without using an exchange which is very expensive and slow. There are over 2000 tokens used by different platforms, trying to empower and strengthen different communities, tokens such as steem, chi and many more. But the problem with these tokens is how can an average user expediently use his earnings in the real world? Normally, you go through the difficult process of having to create a Bitcoin or Ethereum account before converting these tokens to either Bitcoin or Ethereum and then exchange for fiat. This process is very long, frustrating and tiring for these average user. These platforms collect some commissions for the exchange, you end up losing about 10-25% of your earnings to transfer fees.

TenX believes in the relevance of bringing everyone under the umbrella of a decentralized service and this can be achieved by creating a platform that gives you maximum access to your digital finances.

What Is TenX?

The blockchain project from Singapore, are making it possible for people to spend their cryptocurrencies without any hassle in several stores all over the world. TenX comes in two different ways, the TenX card, which is the debit card and the TenX Wallet, which can be downloaded on the mobile device and can be funded with three major coins; BTC, ETH, and LTC. Here on the TenX blockchain, the stress of converting your cryptocurrencies into fiat before you can exchange it has been eliminated, you can now easily buy and sell cryptocurrencies using the TenX card without any hassle. Also, you can make use of either BTC, ETH or LTC to top up your TenX wallet and you're good to go.

The TenX Wallet is an amazing way through which users will be able to spend their blockchain assets through mobile devices or a physical debit card in a very convenient manner anywhere and at anytime. The TenX App can be downloaded on all smartphones for easy access.