The Singapore-based startup proposes a solution to convert virtual currencies into cash swiftly through the use of its prepaid Visa card. This real time conversion raises the potential for cryptocurrencies to be used an actual currency in the real world rather than just an investment tool, and it comes as no surprise that TenX received close to $80 million worth of funding through a token sale.
Tag Archive: Cryptocurrency Debit Card
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The cryptocurrency debit card market is gaining a new heavyweight as Monaco continues its 150,000 ETH ICO. Debit Cards Take Advantage Of ICO Craze Monaco, which is raising funds to launch its prepaid Visa card for spending Bitcoin and ERC20 tokens with fiat currency, has accrued around 26,000 ETH since the token sale began May 18. The event marks the fully-fledged entry of crypto debit cards into the ICO realm, which has already seen startups
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In an exclusive interview with Bitcoinist, Mr. Brandon from Cryptonit, an organization that promises to offer the most secure platform to trade traditional fiat money such as USD and EUR for cryptocurrencies like Bitcoin, litecoin, Peercoin, Namecoin, etc. says that they are going to launch anonymous debit cards by the end of 2015. Coming from a company that is registered with the relevant authorities in the UK, the anonymous debit cards are expected to gain