Crypto.com to issue prepaid MCO Visa card in the United States

The Hong Kong-based blockchain startup Crypto.com said it is organizing the issuance of its prepaid card, MCO Visa Card, in the United States. The company states that the card has been authorized for shipping in association with the commercial bank Metropolitan Commercial Bank.

Its metal cards provide up to 2% coin tokens in the form of a native MCO token, admission to the terminal terminal of the aircraft, incoming payment facility, as well as ruthless interbank rates.

According to Crypto.com, customers of the MCO Visa Card can effectively change their encryption into fiat using the versatile portfolio to spend in over 40 million locations worldwide, online and offline. In any case, the company emphasizes that customers have managed to exchange cryptography with the fiat currency to start with Crypto.com's portfolio before making transactions.

The company began shipping papers to Singapore customers in October, and states that it currently has reservations for over 100,000 cards. The start blockchain states that the cards do not have annual or monthly fees and free ATM withdrawals.

The company's official statement quotes Mark DeFazio, President and CEO of Metropolitan Commercial Bank, who said he was pleased to partner with Crypto.com, as "The Visa MCO card is quite unique and offers a bridge between traditional banks and cryptocurrencies in a safe and compliant manner".

Card reservations are made via a Crypto.com & Cardet app accessible for iOS and Android users. Crypto.com accepts that their products are valuable for both the crypts and for newcomers and experienced customers. Together with the MCO Visa Card, the company has created items that are equipped to make the cryptocurrency more open to a larger group of customers.

Crypto.com Wallet is planned to buy, sell, transfer, store and securely monitor a collection of cryptocurrencies like Bitcoin, XRP, Ether, Binance Coin, Litecoin and its MCO token. Crypto Invest is a software solution that supports the democratization of quantum trading. Crypto Credit, which has yet to be introduced, will allow customers to "Spend crypto without selling".

Crypto.com guarantees that their app is easier to use than other software solutions. For example, the purchase of cryptocurrency requires only a couple of touches compared to the complex steps of the other portfolios, the company says. With the Track structure of Crypto.com, customers can track coins, compare exchange rates and costs and order coins by capitalization, effectiveness and volume.

Kris Marszalek, Co-founder and CEO of Crypto.com, said:

"Our vision is to put the cryptocurrency in every portfolio, and the next card launch in the US is a huge step in that direction." Our products are beautifully designed to connect the fiat and crypto world and foster adoption. of the mass market ".

The company was founded in July 2016. Crypto.com was known as Monaco until its rebranding on Crypto.com in July 2018. The company's founders had raised $ 26.7 million in their token deal in June 2017. Crypto. com is based in Hong Kong.