Difference Between TenX and Crypto.com (With Table)

With evolving time and energy, human minds evolve as well, which leads to further evolution of technology and its advancements. People are switching from barter system to official cash distribution to the online transaction to finally digital coins. Many firms exist that offers interested and wealthy people, who can afford interaction with the digital world like maintaining, buying and selling digital assets. In this twenty-first century, this particular field has become one of the greatest achievement of humans.

TenX vs Crypto.com

The main difference between TenX and Crypto.com is that, In the year 2015, TenX was established. TenX’s headquarters are outside of Singapore. However, Since 2016, the website Crypto.com has existed. TenX charges a fee while issuing the card to its consumers. On the other hand, its counterpart crypto.com doesn’t charge any such fees from its customers.

TenX’s website, “https://tenx.tech,” can be used to learn everything about the company. Paul Kitti, Michael Sperk, and Toby Hoenisch are among the outstanding people behind TenX’s invention. However, TenX is known to accept only a few cryptocurrencies, including Bitcoin, Litecoin, and Ethereum. Furthermore, while using the TenX card to withdraw funds, a fee is charged.

Hong Kong is home to the well-known crypto.com website.”https://crypto.com” is Crpto.com’s website address. Kris Marszalek, on the other hand, deserves credit for running Crypto.com. Crypto.com is reported to accept a total of 36 different coins. When you withdraw money from Crypto.com, your card will not be charged. For the issue of cards, Crypto.com does not charge any fee.

Comparison Table Between TenX and Crypto.com

Parameters of Comparison

TenX

Crypto.com

Founded year

Founded in 2015

Founded in 2016

Headquarters

Based in Singapore

Located in Hong Kong

Website

https://tenx.tech

https://crypto.com

Founders

Created by a team of Toby Hoenisch, Michael Sperk, Paul Kitti

Created solely by Kris Marszalek

Supported cryptocurrencies

3, BTC, LTC, ETH

36

Withdrawal Fee

It charges withdrawal fees.

Crypto.com doesn’t charge any withdrawal fee when done via the card.

Card issuance fee

Charge

Doesn’t charge

What is TenX?

TenX is a payment platform for cryptocurrencies. And it includes a physical debit card, a wallet and access to ATM, among other things. In general, the company aspires to offer tools that make it easier to use cryptocurrencies in the “real world.” TenX is based on the Comit Network, a frictionless payments technology that has the potential to eliminate all financial transaction fees.

You can begin interacting with real-world items and services once the payment platform and wallet have been set up. For these services, TenX utilises the Comit Network. In the year 2015, TenX was established. TenX’s headquarters are located on the outskirts of Singapore. However, one can learn everything about TenX by visiting its website, “https://tenx.tech.”

Paul Kitti, Michael Sperk, and Toby Hoenisch are part of the fantastic team that created TenX. The company also support a few digital currencies. LTC, BTC, ETH are present on the list. Furthermore, when you withdraw money from your TenX card, you will be charged a fee. When TenX issues a card to a consumer, it deducts a specified amount at the moment of issuance.

What is Crypto.com?

Since 2016, Crypto.com has been in operation. Hong Kong is home to the well-known crypto.com. “https://crypto.com” is the URL for Crpto.com’s website. Kris Marszalek, on the other hand, deserves credit for the operation of Crypto.com. Crypto.com is recognised for supporting a total of 36 different cryptocurrencies. When monies are withdrawn from Crypto.com, the card provided by the company is not charged with any amount.

The issue of cards at Crypto.com is free of charge. In the republic of India, the trading of digital assets such as cryptocurrencies has not been regulated yet. Therefore, it is suspected that it’s not safe for the investors to show their interest now. The Crypto.com app and website are a global digital asset service organisation based in Switzerland that allows people to invest in cryptocurrencies with ease and success.

Eric Anziani and Jason Lau, as CISOs, Gary Or, as CTO, and Rafael Melo, as CFO, are among the most essential and experienced members of the Crypto.com team. They have won multiple awards as cyberspace and cybersecurity professionals. Since its inception in 2016, the firm has experienced considerable growth in terms of both collaborations and collaborations.

Main Differences Between TenX and Crypto.com

  1. TenX came into existence in the year 2015. On the other hand, crypto.com has been in existence since 2016.
  2. The corporate office of TenX is located on the outskirts of Singapore. On the other hand, the very famous crypto.com has its base in Hong Kong.
  3. To know everything about TenX, one can log in to its website, “https://tenx.tech”. On the other hand, the website of Crpto.com is “https://crypto.com”.
  4. The wonderful team behind the creation of TenX includes Paul Kitti, Michael Sperk and Toby Hoenisch. On the other hand, the credit behind the operation of Crypto.com goes to Kris Marszalek.
  5. TenX is known to support limited cryptocurrencies, which are BTC, LTC, ETH. On the other hand, Crypto.com is known to support thirty-six different kinds of cryptocurrencies.
  6. TenX card charges some amount of money at the time of withdrawal of funds. On the other hand, the card issued by Crypto.com does not get charged with any sum of the amount at the time of withdrawal of funds.
  7. TenX then gives its customers the card, charges a certain amount at the time of its issuance. On the other hand, crypto.com does not charge any fee for the issuance of cards.

Conclusion

Human minds evolve in tandem with the passage of time and energy, resulting in additional technological advancements. People are moving away from bartering and toward official monetary distribution, online transactions, and finally, digital money.

Numerous companies cater to wealthy individuals who can afford to participate in the digital world by maintaining, buying, and selling digital assets. This particular field has become one of humans’ biggest achievements in the twenty-first century. Thus, people must take utmost care of their present demand and choose a firm which is suitable for them.

References

  1. https://jai.pm-research.com/content/20/3/16/tab-pdf-trialist
  2. https://www.sciencedirect.com/science/article/pii/S0275531917309200