Wouldn’t it be nice if you could convert your crypto assets into everyday purchases and buy goods with bitcoin and other altcoins? Well, now you can. Just get a cryptocurrency debit card and buy also non-virtual goods (sandwiches, jeans, gardening supplies, etc.) with your crypto assets. This is a review of TenX – one of the many crypto debit cards.
TenX is an upcoming cryptocurrency debit card which launched (or rather, relaunched) in January 2019.
TenX supports the following cryptos:
The card will most likely support even more cryptocurrencies in the future.
With respect to fiat currencies, TenX supports only the USD. More fiat currencies will most likely be supported going forward as well.
TenX is a VISA-card. This gives the card a magnificient reach. The company behind TenX says that over 42 million places will accept the card in in close to 200 countries. This makes the card perfect for a true globetrotter.
US-investors may not use this card. So if you’re from the US and you’re looking for a crypto debit card, please refer to our Crypto Debit Card List to find one for you.
Picture of Card
We think that TenX charges competitive fees. This means that the fees with this card is not a disadvantage to using it.
There is no monthly fee. The issuance fee is an ordinary USD 15.00 for the physical card and USD 1.50 for the virtual card.
There is a fixed ATM-withdrawal fee amounting to USD 3.25. The latter fixed fee might be disadvantageous in countries where the normal ATM-machines only allow smaller withdrawals (USD 20 for instance). In such scenarios, in order to withdraw a larger amount you need to withdraw several times, thus triggering the fixed fee each time.
Furthermore, the most important fee of them all, the commission on spending. TenX charges no commission based on your spending. This means that if you buy a pair of jeans for USD 100, this will only reduce your crypto assets with USD 100.
There is no maximum deposit which is great news for people interested in making large deposits to cryptocurrency debit cards.
If this is the cryptocurrency debit card for you, congratulations. If not, check out one of the other epic cryptocurrency debit cards in our cryptocurrency debit card list. Good luck!