Monaco Coin (MCO)

Crypto.com (formerly known as Monaco) launched the MCO cryptocurrency in mid-2017. MCO has a circulating supply of over 15 million tokens out of a planned 31 million MCO. Crypto.com’s goal is to make cryptocurrency more mainstream by allowing anyone to earn, trade, pay, stake, and borrow using their two cryptocurrencies MCO and CRO. Utilizing blockchain technology, Crypto.com can segment their business into two categories: a distributed platform and financial services.

Based on the Ethereum ERC-20 standard, the MCO token allows end users to earn high rewards while offering lower rates. The MCO tokens can be traded on several exchanges.

Monaco Coin (MCO) To USD | MCO Conversion Calculator

What is Monaco Coin (MCO)?

Their distributed platform of pre-paid Visa cards and a wallet app aim to combine the benefits of credit/debit cards with cryptocurrencies. They allow users to buy, sell, trade and spend crypto with a reward system that earns MCO tokens.

Crypto.com offers users five-tiers of MCO VISA pre-paid cards that can earn up to 5% cashback in MCO tokens. Users must stake between 50 MCO to 50,000 MCO to take advantage of the different rewards. 

Monaco Coin (MCO) Ticker Chart

About Monaco Coin (MCO)

Crypto.com offers investment and credit services to its users. They provide their own exchange that is powered by their CRO tokens with low fees and deep liquidity. Crypto.com also extends credit lines for borrowing stablecoins at a 50% loan-to-value ration. And they reward their users for staking with more than 500 MCO with up to 8% simple interest paid weekly in your crypto.