Crypto Report - MCO 5-29-19

Published:

29 May 2019 09:43 ET

Price: $6.68

Crypto.com, the pioneering payments and cryptocurrency platform, seeks to accelerate the world’s transition to cryptocurrency. Crypto.com is headquartered in Hong Kong. https://crypto.com/en/chain.html

Crypto.com’s proprietary Vortex Trading Engine pools liquidity from major exchanges globally and routes orders to them to ensure the Best Execution Price.

Both MCO and CRO are under the crypto.com umbrella.

Free and metal (20 MCO deposit) crypto.com Visa credit cards are being issued in the US in July but US citizens are not eligible for Crypto Credit & Crypto Earn. Nevertheless, other countries such as Singapore who get up to 5% cash back on purchases and get the crypto benefits have embraced the cards. https://www.citynomads.com/a-new-visa-card-wallet-app-with-irresistible-travel-and-entertainment-perks/

More on both MCO and CRO here:
https://hacked.com/crypto-com-chains-529-moonshot-installs-cro-as-top-twenty-token-quick-rundown/

CRO may be slightly ahead of its time as transacting between cryptocurrencies will most likely happen (assuming bitcoin does not end up devouring the cryptospace) but the cryptospace is still immature so such an undertaking, if successful, can yield massive benefits but is nevertheless fraught with challenges. Nevertheless, MCO Visa card holders can stake their MCO cards with MCO tokens which will facilitate CRO-based crypto exchange transactions.

In the meantime, MCO on the other hand gives consumers immediate benefits so stands a better chance at continued price appreciation.

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