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What is TenX (PAY) coin and how does it work?

by Financial Economy

TenX is a payment platform that facilitates digital and physical modes of transactions for cryptocurrencies for any trader. Of course, physical and digital modes include bank accounts, wallets, debit cards, cash and much more. Information about some topics that what is TenX (PAY) coin, how it works, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can check out here for informaiton about Chainge (CHNG) coin.

What is TenX (PAY) coin and how does it work?

TenX is based on a network known as COMIT (Cryptographically Secure Off-Chain Multi-Asset Instant Transaction). Using the COMIT Routing Protocol (CPR), an existing blockchain can be linked to a new blockchain. This concept is similar to the internet, where it connects to anywhere in the world via the IP/TCP protocol. COMIT networks allow you to instantly exchange assets from one to another for virtually zero transaction fees.

A COMIT transaction takes place between 2 networks connected to COMIT. The user must have a payment mode connected to the COMIT network, and the business the user wants to invest in must also be on the COMIT network. The transaction is also transferred to Liquidity Providers (LPs) which provide funds for the exchange of currencies. The liquidity provider basically streamlines the transaction flow and determines which LP has the best exchange rate.

TenX token features!

TenX coin (PAY) is the native token of the project. With this token, users can purchase the TenX card. In addition, PAY token holders receive 0.5 percent of their transactions as a reward. This allows users to “own” part of the TenX system.

The main 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 powers the network and is the cryptocurrency used for transactions on the network.

TenX founders!

TenX was released in 2011 and was developed by Toby Hoenisch.

Which exchange is PAY coin on?

TenX coin is listed on some cryptocurrency exchanges such as OKX, Gate.io, HitBTC, Bittrex, Zonda (BitBay), etc.

How to buy PAY coins?

TenX coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

PAY coin supply!

Total supply of TenX coin is 205.218.256 PAY.

PAY coin price!

As of August 2, 2022, at the time of the writing, 1 TenX coin price is around $0,01783 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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