18 February 2019, TenX, the Singapore-based blockchain business, best known for enabling the spend of popular cryptocurrencies on day-to-day items, has seen an unexpected trend in their card orders coming in from Australia and New Zealand. 7% of these orders were placed by users born between 1947 and 1969, the oldest user being a 72-year-old lady from Sydney.
TenX has been fulfilling orders from both countries over the last two weeks and began noticing an increase in users who fall into the baby-boomer generation, in comparison to other markets. “I am 72 years old and discovered bitcoin and crypto about eighteen months ago. I heard about the TenX card a year ago, and it looked like a very good project. I feel that the card would be beneficial to me and look forward to receiving it.
I am now trading crypto and holding some. I am loving the journey”, said TenX cardholder, Irene.
“With millennials taking reign of the cryptocurrency space, it is equally surprising and exciting to see users with different demographics use our products. Safety is paramount to an older audience and this further justifies building a product that users have complete control over,” said Toby Hoenisch, CEO and Co-Founder, TenX.
Safety is key for TenX — users have full control over their cards and can lock or unlock them at will, in addition to receiving real-time notifications when the card is used — making the TenX Card a perfect payment tool for any traveller.
TenX is a Singapore-based blockchain company that makes cryptocurrencies spendable on-the-go. We give people the opportunity to make everyday purchases and withdraw money using their TenX card. The TenX payment system includes the TenX Wallet that can be funded with different cryptocurrencies (available on iOS and Android) and the TenX debit/prepaid card, which can be used in almost 200 countries at over 42 million VISA points of acceptance online and offline.
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