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Nur Atifi · · 1 min readIn brief: TenX reintroduces its crypto card
TenX, a Singapore-based blockchain business that enables the spending of popular cryptocurrencies on day-to-day items, announced its plan to take the company forward into 2019, titled TenX 2.0. As a first step, TenX has re-launched the TenX card today.
Source: Press release
The TenX prepaid cards will be made available to everyone living in Singapore. The company will also eventually open applications to Asia Pacific-based travelers visiting the country.
“Powered by Visa, cardholders can make payments and withdraw money from supported ATMs around the world, provided their TenX Wallet is topped up,” it said in a statement.
TenX will not be the only one to offer a “traveler-focused” cash card that’s paired with a mobile wallet in Singapore. It will be competing against local players YouTrip and RHB TravelFX.
TenX also wants to launch more products that enable the transparent use of cryptocurrencies as financial instruments, along with fiat in and out options for people who are not yet familiar with crypto.
Editing by Charmaine de Lazo
(And yes, we’re serious about ethics and transparency. More information here.)
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