Well, now TenX went from being the best to being among the worst within a matter of minutes for me. Anyone knows what the deal is behind those changes? Dont quite get why they have to set such low lifetime limits, as I write before, with those limits its not even worth ordering a card. Just my two cents.
These limits have nothing to do with TenX. These are the limits from their Card Issuer. And the card issuer has to implement the limits based on anti money laundering regulation and all the KYC regulation that is in place. Just upgrade to KYC2 and you have much higher limits. The KYC upgrade to tier 2 took 1 day for me, so no big deal.
If you don't want that TenX has some more information about you, you have to search for another way to cash out your cryptos. But I think all exchanges that convert to fiat have KYC limits. I also don't see such a big problem to upgrade to tier 2 as they don't need that much information and it doesn't take much time... If you wan't to cash out totally anonymously it's difficult anyway and will bring up a lot of questions anyway...
Actually I was about to do the KYC with TenX anyways. However I wanted also one card without KYC, just in case it could come in handy at one point. I researched other crypto cards but they all got those low limits that its not worth buying their cards without KYC, thats why I asked here too, to get to know how TenX handles this. If I would want to cash out my crypto anonymously I certainly wouldnt do it with a card. There are other ways if one wants to do that, cards always leave traces, as you have to let them ship somewhere etc. I guess I will just stick with my TenX card and dont buy another one, its not worth it with those limits.