TenX Visa Card Review

TenX is a platform that allows its users to buy, sell, and spend crypto at the press of a button, and the TenX Visa card is a big part of the spending aspect of that equation. The company behind the TenX Visa card was founded all the way back in 2015, although the card part of their platform did not launch until 2017. TenX was originally a part of PayPal’s startup incubation program.

This platform has two of its own proprietary tokens in the form of PAY and TENX. PAY is meant to be a utility token, while TENX is more similar to a security token and faces much more regulatory scrutiny. The TENX token appears to be much more practical than some of the other crypto debit card-connected crypto tokens on the market.

TenX Visa Card

TenX Visa Card


  • A simple cryptocurrency Visa card that just works
  • Not available in the USA
  • You can use the card pretty much anywhere Visa is accepted
  • Virtual card available

General Overview

The Benefits PRO's
  • Company behind the card was founded in 2015
  • Incubated by PayPal
  • Accompanying mobile app makes it easy to manage the TenX Visa card
  • A TenX virtual Visa card is available
  • It’s a Visa card, so it can be used in payment terminals all over the world
The Downside CON's
  • Only supports 4 crypto assets
  • No rewards program for the card
  • The issuing bank for the TenX Visa card faced solvency issues in 2020
  • Currently only available in 3 countries

TenX Visa Card at a Glance

Card type Visa
Cost $15 or 15 EUR (depending on location) for the physical card, $5 or 5 EUR for the virtual card
Funding methods Cryptocurrencies
Cryptocurrencies supported Bitcoin, Ether, Litecoin, PAY
Rewards None
Cryptoback percentage None
Physical card Yes
ATM Fees $3.25 or 3 EUR per withdrawal (depending on location)
Proprietary token PAY and TENX
Issuing bank Wirecard Card Solutions Ltd

What is the TenX Visa Card?

The TenX Visa card is a project that has been many years in the making. Founded in 2015, TenX is focused on taking the crypto assets that people like to speculate on via various exchanges and making them more easily used as forms of money that can be used in people’s everyday lives. There are no rewards associated with this card, so it’s really targeted at crypto enthusiasts who just want to be able to spend their Bitcoin, Ether, or Litecoin at the places they normally shop and use a credit card. While TenX has issued two different proprietary tokens related to its overall platform, these two tokens do not get in the way of the functionality of the TenX Visa card.

What are the Benefits of the TenX Visa Card?

The main benefit that you get when using the TenX Visa card is the ability to instantly convert your Bitcoin, Ether, Litecoin, or PAY tokens to fiat currency that can be spent anywhere Visa is accepted. When compared to some of the other crypto debit card options on the market, there aren’t really any other benefits to be seen. There aren’t any cashback rewards available on purchases made with the card, and there aren’t any other types of benefits made available to cardholders either.

On the plus side, users are not required to stake a proprietary token that could lead to heavy losses in order to use the TenX Visa card. Holders of TENX are also able to receive payouts from profits the company makes via the TenX platform. Crypto users who just want to be able to spend their Bitcoin or Ether without having to stake a proprietary token may find the boring nature of the TenX Visa card attractive.

Potential TenX Visa Card Dealbreakers

There aren’t really any incentives to use the TenX Visa card as compared to other crypto debit cards or even traditional credit cards on the market. The lack of any sort of cashback rewards will send most people looking elsewhere in terms of figuring out how they can start spending their cryptocurrency on normal, everyday expenses.

On top of the lack of rewards and benefits programs, the TenX card also faced an issue where their card was unusable for a period of time in 2020 when the financial institution that issues the card was facing solvency issues. These issues, at least as they related to the TenX Visa card, have since been resolved, but the association with Wirecard Card Solutions does not inspire confidence, especially when the TenX wallet operates in a custodial manner.

For now, the TenX Visa card is only available in Austria, Germany, and Singapore, which will be a dealbreaker that is out of the control of potential customers.

Finally, one last potential dealbreaker to consider with the TenX Visa card is the lack of extensive crypto asset support. Currently, Bitcoin, Ether, and Litecoin are the only popular coins that are supported by the platform.

Is the TenX Visa Card Right for Me?

The TenxX Visa card could be an option for crypto users who simply want a way to spend their cryptocurrency holdings via a crypto debit card. However, if you like to hold a wide variety of different crypto assets, then you’ll want to look elsewhere, as there are only four crypto assets supported by the TenX platform in total. If you’re someone who is basically only interested in Bitcoin and Ether, then the TenX Visa card may be an attractive option. However, you should also look into the fees associated with TenX’s crypto debit card offering and compare them to some of the other simple crypto debit card options before making a commitment.

TenX Visa Card Frequently Asked Questions

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