Introduction to TenX — Blockchain Payment Platform & Comit Network.

Sandra lams
2 min readJun 25, 2017

--

TenX, is a cryptocurrency payment platform that consists of a wallet, physical debit card, bank account, ATM access, and more. Overall, the company wants to introduce products that make it easier for you to use your cryptocurrencies in the “real world”.

“The platform connects assets and businesses on blockchains to the real-world in a decentralized manner. Developers can develop security smart contract modules, businesses can connect their users and usecase to real-world payments.”

The main advantage of TenX is that it offers free spending and exchange fees. That’s a 0% fee. However, you’ll need to pay fees for physical and virtual cards, and there are spending limits in place. We’ll talk more about TenX’s fees down below.

To access the TenX platform, you’ll need to download the TenX wallet, which is available as a mobile app from the Play Store, or as desktop software from TenX.tech.

The TenX platform and the wallet supports blockchain assets across multiple blockchains. It supports Bitcoin, Ethereum, and DASH, for example, along with Ethereum ERC20 tokens. The company plans to add many more cryptocurrencies in the future.

Another key feature of the TenX platform is its decentralized security, which is based on smart contracts. You are a holder of the DSS key and you’re in full control of your funds. You can fine tune your security settings at any time with the smart contracts. You can adjust security settings for daily limits, portfolio spending, withdrawal settings, and more, for example.

Once you’ve setup the payment platform and wallet, you can start interacting with real-world products and services. TenX relies on the Comit Network for these services.

--

--