TenX

TenX

PAY #7245
Token Watch

Project Safety Score: 34%

Updated 2 weeks, 2 days ago
TenXPAY
Market Cap$47247
24hr Volume$5
Price$0.00039992
Coverage: 5 buckets · 80% resolved
Concerns raised - see Red Flags below
Scoring rubric: Smart-Contract Token - scored on contract safety, liquidity, holders, team, social
Liquidity
& Market
7 F
100% · medium
Team
Credibility
98 AAA
33% · medium
Social
Behavioral
25 D
33% · low
Contract
Mechanics
5 F
33% · medium
Holder
Distribution
-
0% · low

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PAY TenX Details
Ethereum Ecosystem

TenX is a payment platform that facilitates digital and physical modes of transaction for cryptocurrencies to any merchant, even if they don’t accept cryptocurrencies. Physical and digital modes of course, include bank accounts, wallets, debit cards, cash and much more. The primary agenda of the company is to make it easier and faster to use cryptocurrency and accelerate adoption for the industry. The TenX blockchain supports the PAY token, which is the fuel that runs the network and is the cryptocurrency using which transactions on the network are made.

TenX came into existence in 2011 and was created by Toby Hoenisch. While at the university, he took a keen interest in cryptography though he believed that there was no success for cryptocurrencies.In 2012, Toby started trading Bitcoin when he got to know a member of bitcoin-community who was not able to open an account in bank and used TenX crypto currency instead. Toby Hoenisch and Michael Sperk started a one-bit start up in 2015 and introduced us to a debit card, through which payments with bitcoin could be done.

Cryptocurrency adoption is a longstanding problem - with most cryptocurrencies remaining relegated to the realms of hype and not seeing real-world usage, not as much as the enthusiasts would like, at least. This is an important problem being solved by the TenX coin, which seeks to make it easy for the end user to use cryptocurrencies by removing the hurdles associated with keeping different wallets and using them separately. As with all other investments, it is wise to do your own research, but seeing that TenX seems to be solving unique problems, it may certainly be worth a look.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart

TenX Exchanges

Top 1 by trust score
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100%
Profile Status
Data completeness
No missing data
Medium confidence

Market Stats

All-Time High$5.22
All-Time Low$0.0002
Circulating118141601
Total Supply205218256
Launch2017-07-07
Posts from the TenX
community on Reddit

TenX GitHub