Price for today
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0,00000000 BTC 0%
Name: MCO
Symbol: MCO
Circulating supply: 0 $
Max supply: 0 $
Price: 0 $
Volume 24h: 0 $
Market Cap: 0 $
Percent change 24h: 0 %
Launched in 2016 by CEO Kris Marszalek, the Crypto.com team believes that cryptocurrencies should be in every wallet as a great alternative to real money. With the main office in Hong Kong and over 1 000 000 users on the platform, Crypto.com offers a powerful solution to well-established financial services and aims to accelerate a global transition to cryptocurrencies. It is the first project in the world which ensures CCSS Level 3 compliance mechanism and thus prioritizes security, compliance, and privacy. Crypto.com also offers a CRO-powered cryptocurrency exchange with low transaction fees, high liquidity and great execution costs.
If you ever wanted to exchange MCO easily and conveniently, you’ve come to the right place. On this page, you will be able to use our MCO converter and easily swap these coins for more than 200 different cryptocurrencies. Additionally, you will learn about the basics of the MCO crypto, its benefits, and its functionalities.
MCO is the original cryptocurrency of the Crypto.com network, which was previously known under the name “Monaco” (hence, MCO coin). The MCO cryptocurrency was released in 2017, together with the Monaco platform.
The company rebranded itself as Crypto.com in late 2018 and launched a new token called CRO. However, the MCO crypto remained in circulation, as many holders preferred to keep these tokens that provided staking bonuses.
An important feature of Crypto.com is that this Hong Kong company was the first in the crypto ecosystem to have CCSS Level 3, ISO 27001:2013, ISO/IEC 27701:2019, and PCI:DSS 3.2.1, Level 1 compliance.
Today, The Crypto.com platform has one of the most complete offerings on the market and provides an intricate financial ecosystem. There, you will find:
Previously, the MCO cryptocurrency used to be an integral part of the Crypto.com exchange as it was used to get discounts on transaction fees. More importantly, it allowed users to access the different tiers of cryptocurrency credit cards provided by the company. The higher the number of MCO tokens held, the higher the tier of the card and the benefits that follow.
Today, those functions are ensured by the more popular CRO cryptocurrency. In August 2020, users had the opportunity to swap their MCO for CRO directly on the Crypto.com platform. Today, MCO remains popular, and many exchanges still offer this cryptocurrency. Traders use it commonly for speculation and profit from the MCO price fluctuation.
MCO was released at the peak of the 2017 ICO craze. This allowed the MCO price USD to reach $20 during the 2018 bull run. Even though the rest of the market entered a severe downtrend, the MCO coin performed admirably in this period. The MCO price chart shows us three distinct bull markets in the second half of 2018, which allowed traders to make considerable profits by trading MCO to USD.
After the CRO coin was released by Crypto.com, the popularity of MCO fell quite a bit. This resulted in the prices of MCO reaching an all-time low of just $1 in November 2020. However, traders have shown a lot of interest in MCO since the beginning of 2021.
Consequently, the price of MCO has once again skyrocketed, reaching new heights over $60! While prices have since retraced, it has shown the crypto community that MCO is still an actively traded token that offers a lot of profit opportunities.
MCO is not a mineable coin, and more MCO cannot be created. It is an ERC-20 compatible token that was initially released on Ethereum. As such, all coins were premined and distributed to the participants in the ICO in 2017.
Today, there are only just above 15.8 million MCO in circulation. This is because most of the MCO supply was exchanged to CRO in August 2020.
One of the main benefits of MCO is its scarcity. Even though the coin retains only limited usability, trading and holding it can be quite a profitable venture.
Today, only a handful of platforms offer MCO exchange for other cryptocurrencies. The largest crypto exchange still trading MCO is OKEx. With that said, the choice of how to buy MCO there is quite limited because the only option is USDT.
A better solution to convert MCO is to use Godex. It stands out among the competition with its 200+ coins to exchange MCO for. So, you can use popular cryptocurrencies such as Bitcoin or Ethereum to get your hands on some MCO tokens as well.
In addition to the vast choice of coin pairs, Godex offers full anonymity to its users. The process of exchanging MCO is simplified to accommodate all skill levels of cryptocurrency users. Consequently, you won’t have to create an account to swap MCO for another cryptocurrency on Godex. Simply use the MCO converter on this page and you will receive your MCO coins in a few minutes.
MCO is an Ethereum-based token that was launched through an ICO in 2017. At launch, it had multiple functionalities within its ecosystem. However, the main use of the MCO token was to access the coveted Metal Visa cards of the Crypto.com payment system. As you held more MCO tokens, you unlocked higher tiers of the payment network.
Today, the MCO token is mainly used for speculation on its price fluctuations. Because it has a limited supply and liquidity, traders mainly use it to profit from high price spikes.
The maximum supply of the MCO token is 31.5 million. However, today, no mechanism allows the Crypto.com team to create more tokens than those already in circulation. Because of this, MCO remains a scarce commodity, perfect for trading and swing trading.
Beginning your cryptocurrency adventure can be a daunting task. You will need to learn a lot about the technology involved and how the market works. Moreover, cryptocurrencies like MCO are highly volatile, and as such, are subject to a considerable amount of risk.
If you are ready to buy MCO, Godex provides you with a secure and convenient platform to do so. Below, we detail the process of exchanging MCO on Godex:
That’s all it takes to buy MCO on Godex. A few moments later, you should receive MCO directly at the address you previously entered.
