Crypto.com has officially released its MCO prepaid Visa cards, allowing users to buy, sell, store and trade their fiat and cryptocurrency.
Roll-out is taking place in Singapore, where customers will be able to spend their cryptocurrencies in stores and online.
It’s a bold step by Crypto.com, who used to be called Monaco before a rebranding earlier this year. It has come up with one of the first products that could bridge the gap between the cryptocurrency world and the mainstream.
Its offering is a metal card with no annual or monthly fees. This enables free ATM withdrawals as well as access to airport lounges and contactless payment features.
Today is the day! MCO Visa Cards begin shipping in #Singapore – the world's first metal card with crypto cashback, airport lounge access, perfect interbank exchange rates and much more! Full details here – https://t.co/DsAYzLp8Cy #cryptocurrencyineverywallet pic.twitter.com/ApX0a95Ilp
— Crypto.com (@cryptocom) October 22, 2018
MCO raised $26.7 million during its ICO last summer and, in the process, gained a lot of attention in the cryptocurrency sphere throughout the bull market.
And now it has hit a major milestone in its roadmap, releasing the long-awaited visa card to those who have signed up through the MCO wallet app.
In an official statement on Monday morning, MCO CEO Kris Marszalek said: “We are thankful for the support of all our partners and our community. During this process, our team has grown tremendously and worked incredibly hard to achieve this milestone. This is an important step towards our mission of accelerating the world’s transition to cryptocurrency.”
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