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What Is Monaco Coin

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The Best What Is Monaco Coin of 2023 – Reviewed and Top Rated

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FAQ:

Q: What kind of cryptocurrency is Monaco coin?

A: Monaco Coin (MCO) is the cryptocurrency of the credit card provider Monaco. It is mainly used as a token for the credit card platform.

Q: What can you do with a Monaco coin?

A: Monaco Card is a cryptocurrency funded visa debit card that allows you to spend your cryptocurrencies on everyday purchases. Users first purchase Monaco coins in order to get a Monaco Card delivered to them.

Q: What does the MCO token do for Monaco?

A: The MCO token launched in June 2017 with a public token sale that generated over $26 million for Monaco. MCO helps with liquidity within the Monaco network; it also is the currency for cash back rewards. In addition, you can hold MCO in order to unlock higher-value Monaco cards with different transaction and withdrawal limits.

Q: Are there any credit cards that work with Monaco?

A: Monaco offers four types of credit cards. The credit cards cannot be ordered directly; they are available via the purchase of the cryptocurrency. The credit cards are free of charge for coin holders. Monaco does not charge any monthly or annual fees compared to traditional credit card companies.

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