TenX
Dead - the canonical issuer-risk story: a card program dies with its BIN sponsor (Wirecard, June 2020). This archive entry is why issuer structure matters in every review on this site.
The bitcoin flow
Source note: Was: multi-asset card with the PAY token cashback model
Verdict
Dead - the canonical issuer-risk story: a card program dies with its BIN sponsor (Wirecard, June 2020). This archive entry is why issuer structure matters in every review on this site.
Pros
- Was: one of the first multi-asset crypto cards (2017 era)
Cons
- Cards froze overnight with the Wirecard collapse (June 2020)
- PAY token model never delivered sustainable rewards
- Service wound down permanently
Facts
| Card type | Debit · Visa · Physical |
|---|---|
| KYC | Full KYC |
| KYC trigger | - |
| Custody | Custodial |
| BTC load | BTC via in-app conversion |
| BTC sale timing | Not documented |
| Lightning | no |
| Issuance | - |
| Monthly fee | not documented |
| Top-up fee | not documented |
| FX fee | not documented |
| ATM fee | - |
| Cashback | not documented |
| Regions | unknown |
| Apple Pay | no / unknown |
| Operator | TenX |
Score breakdown
FAQ
Is KYC required for the TenX?
How does bitcoin get onto the card?
When is my bitcoin sold?
What fees does the TenX charge?
Which regions does it serve?
Sources
Every claim traces to a source we fetched and dated. Community sources are individual threads, not paid reviews.
- Tenx out of business due to Wirecard insolvency (r/Crypto_com)
Contemporaneous report (score 26): 'Wirecard has been issued an order by the Singaporean authorities to shut down business. Wirecard Europe also filed for insolvency... Everyones on tenx chat wants to switch to crypto.com.'
- Great news, crypto card users! TenX is dumping you as a customer (r/Buttcoin)
Score 40. Sarcastic but accurate: TenX dropped customers because 'the only company dodgy enough to back our card was Wirecard'.
- r/ethfinance comment: never got the promised metal card
'I never got my metal card which they promised during the presale. I think they used the wire card scandal to just give up. Which others kept trying and succeeded. Tenx raised like 150k eth, so had so much money.'
- r/CryptoCurrency comment: card discontinued a month after arrival
'Bought big into their ICO, was promised card, waited a year, got my card but got discontinued less than a month later.' Typical TenX post-mortem sentiment.
- Wirecard scandal - the collapse that froze TenX cards
June 2020: Wirecard AG collapsed after EUR 1.9B in missing cash was revealed; cards issued via Wirecard across the industry stopped working - the defining issuer-risk event for crypto cards.
- TenX card review - flagged inactive (UPDATE 26 May 2021)
Cryptowisser (fetched live 2026-09-19): 'UPDATE 26 May 2021: This company seems to have closed down its card operations. On their website, they refer to a new project called Mimo. Mimo, however, does not seem to offer any form of card issuance... We have marked the TenX Card as an inactive project.' Historical fees on record: issuance $15, ATM $3.25, monthly $0.
- tenx.tech final state (snapshot 2022-06-21): Sunsetting our TenX services / move to Mimo
Last meaningful snapshot of the TenX blog: 'Sunsetting our TenX services' and 'We moved! ... Welcome to Mimo! tenx.tech -> mimo.capital', footer TenX Pte. Ltd., 11 Keppel Road, Singapore. As of 2026-09-19 tenx.tech does not resolve in DNS at all (NXDOMAIN; curl 000).
- tenxcard.com is a parked domain - NOT a TenX relaunch
Fetched 2026-09-19: redirects to /lander serving a GoDaddy (wsimg.com) parking page. A web-search snippet suggested TenX 'testimonials' on this domain - it is domain parking, not a revived card program.