What are the fees for using the Wallet app?

Foreign exchange fees

TenX does not charge any forex fees for your transactions.

Deposit fees

TenX charges no deposit fees.

Withdrawal/Send fees

Currently, we do not charge any fee when transferring funds between virtual currency wallets. However, please note that Withdrawal/Send fees are subject to change in the future, based on current market transfer rates. This fee will be displayed on the Send window's confirmation screen. 

Transfers to other TenX Wallet users will not incur these fees.

In-app exchange rates

TenX applies a cryptocurrency-to-fiat exchange rate based on 2 factors:

• Our engine queries a number of exchanges and bases the rate on the mid-market rate from these exchanges at the time of the transaction.
• We also charge a small spread on the exchange rate to cover operational costs.