The world of cryptocurrency is getting more and more comfortable for the simple users. Two Companies, TenX and MonaCo, announced their new Bitcoin debit cards that will allow users all over the world to use cryptocurrency efficiently anywhere (issued by MasterCard or Visa). Both companies hold wallet apps for Bitcoin and other cryptocurrencies.
These Bitcoin debit cards will be making cryptocurrencies spendable in the real world. Bitcoin debit cards are becoming common in some countries. Whereas it appears Ethereum debit cards are still a thing of the future.
TenX is working with some more exchange platforms to enable trading. After the recent success of joining the Chinese exchange platform – Yunbi, the sky is the limit for this innovative company.
TenX will reward users holding their money in the company's wallet. The idea behind this rewarding system meant to get users to keep their Bitcoin or other cryptocurrencies in their wallets, and not on the exchange platforms. This will allow the increase of security for Bitcoin holders, especially after the break-in of the Chinese leading exchange platforms.
TenX has already started distributing the new Bitcoin debit cards. Moreover, announced that due to a large number of requests on the cards, they might get delivered only by the end of September 2017. MonaCo will start taking orders for the debit card only at the end of the month (August), but the cards themselves might arrive faster then TenX.
We can only hope to see competition between these companies, especially when more companies make their way into the game. That competition might expedite the birth of Ethereum debit cards and other cryptocurrencies in the near future. Up until now, the average person has had no clue why should they spend ETH on goods and services. But this era might come to an end, thanks to these projects.