What Is TenxPay (PAY)?
As blockchain technology continues to gain popularity, cryptocurrencies like TenX are trying to ensure that people can easily spend their cryptocurrencies by connecting blockchain to traditional payment systems.
Below, you will learn about the TenXPAY exchange, how to buy TenXPAY crypto, and how you can spend your coins using a physical or virtual TenX card.
TenX is a platform that creates a connection between blockchain assets and real-life payment platforms.
The company prides itself in its goal to increase the usability of cryptocurrency and make sure that mainstream consumers slowly adopt it as a valid means of payment. Established mid-2015 in Singapore, TenX gradually rose to become one of the most recognized financial networks in the world.
The TenX platform uses PAY, a token created off ERC-20. TenX PAY crypto serves as a security token of the platform. It offers a physical card and digital wallet for making purchases with crypto. Currently, Singapore is the only country where TenX is available.
TenX supports the following crypto options:
The team continues working to make sure that the number of supported assets keeps growing.
The three most notable features of TenX PAY crypto are:
- Ease of access: You don't need to be a crypto expert to use TenX PAY. All you have to do is register, add funds to your wallet, and start purchasing.
- No hidden charges: Fees for every service are clearly outlined, and there are no additional charges you are not aware of.
- Decentralized security system: DSS ensures users are in control of their funds.
TenXPay Price Index
During the initial coin offering, the price per token reached over $60 according to the TenX PAY price chart. But, as expected, right after that, the value of the token dropped drastically to $0.6, and it has continued to slowly decrease ever since.
There were no further price peaks after July 2017, and there has been no correlation between PAY price and the value of most popular coins like Bitcoin and Ethereum.
Circulation of Ten XPay
Circulating supply refers to the number of cryptocurrency tokens or coins that are available to the public and are circulating in the crypto market. TenX PAY, for instance, is completely premined. The current circulation equals the total supply — 205,218,256 PAY.
The ICO of TenX PAY was held in 2017, which raised over $80 million. The rest of the tokens entered the market gradually over the next four years.
Ways of Buying PAY
As the token sale closed back in 2017, you cannot buy PAY from the platform directly. The only way to obtain TenX PAY is to swap other coins for it at specialized exchange services. If you choose Godex to be your PAY converter, you are guaranteed to enjoy the safety, convenience, and efficiency of the platform.