You can not deny that Crypto Currency has taken the world by storm. If not for this wonderful technology none of this would be able. Crypto Currency is without a doubt the future. There so many benefits that it would be almost impossible for me to tell you about all of them in one post, so I won't be going into details about the benefits. Instead, I'll be sharing one of the latest and revolutionary improvements to this groundbreaking technology.
Not too long ago a friend and I were talking about all of this and we came to the conclusion that Crypto Currency is great in all aspects towards a better future but there was one problem. Regular people with office jobs who are too busy working and taking care for their families often times have to jump trough many hoops to actually get their BTC or any other Crypto Currency for that matter in actual cash to be more useful in daily life. After some research there were some great results. If you can spare the time to do some more research about these Crypto Currencies, you'll find a vast world of opportunities that enables you to use your coins or tokens in your daily life. The business ideas behind some of these currencies are just amazing!
Today I'll be telling you about TenX. TenX has headquarters in Singapore and in London. TenX was created by a team that includes Toby Hoenisch (Co-Founder and CEO), Michael Sperk (Co-Founder and CTO), Paul Kitti (Co-Founder and COO), and Julian Hosp (Co-Founder and CVO). The company has received investments from Fenbushi Capital and ICH.
TenX aims to eliminate international banking fees which they were able to achieve. The reason for this is because TenX is based on the "Comit Network".. The Comit Network, is a cryptographically secure off-chain multi-asset instant transaction network. TenX offers you a card that you can purchase, linked with your wallet and supporting all other currencies you can withdraw your online currency at any ATM paying no international banking fees or exchange rates.
Unfortunately, there are still a few countries which do not support this wallet yet. One of these countries being the US. The TenX team vowed that they are currently working on the situation and plans to provide access to the US Crypto users soon. This company is definitely working on some breakthrough technological solutions. They offer an array of other services for Crypto users.
Currently, their market cap is at $468,025,493. Exchange to dollar is $4.47 to 1 Token and rising. This is not only a great company offering a great service but also a great investment option for possible investors.
TenX Fees:
TenX offers a surprisingly straightforward fee structure. Here’s how much you’ll pay for the various TenX services:
Physical Card Issuing Fee (Covers Shipping and Tracking): $15
Virtual Card Issuing Fee: $1.50
Physical Card Annual Fee: Free (or $10 if you spend less than $1,000 a year)
Virtual Card Annual Fee: Free (or $10 if you spend less than $1,000 a year)
Foreign Exchange Fee: 0%
There are certain limits to your spending. Standard accounts are limited to 200 EUR per ATM withdrawal and a daily spending limit of 2500 EUR per day. However, upgraded accounts can spend up to 10,000 EUR per transaction, 20,000 EUR per day, and 1,000 EUR per ATM withdrawal.
Hope this information has been helpful to all of you, please resteem, help spread the word to create a better future for all of us.
