Cryptocurrencies

Crypto.com rolls out MCO crypto Visa cards in Singapore

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.

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.”

For our comprehensive guides on cryptocurrencies, click here.

Oliver Knight

Londoner ‘Ollie’ graduated from Birmingham City University with a journalism degree in 2016. He combines his writing with his love of crypto and blockchain here at Coin Rivet, saying “It disrupts well-established institutions (banks) while giving an avenue to the less fortunate to achieve financial freedom.” Like all true Londoners, his pet hate is… “People standing on the left-hand side of the escalators on the Tube!”.

Disqus Comments Loading...

Recent Posts

Here is why Bitcoin is still a lucrative investment in 2024

Those who enter the market at this time may be surprised to hear that Bitcoin…

1 month ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

1 month ago

The surge of Bitcoin NFTs: Everything you should know about Bitcoin ordinals

From digital art to real-estate assets, NFTs have become a significant attraction for investors who…

2 months ago

MEXC Partners with Aptos to Launch Events Featuring a 1.5 Million USDT Prize Pool

Singapore, Singapore, 21st October 2024, Chainwire

2 months ago