Review on Monaco Ruby Steel Card by Olugbenga Ajayi
Monaco Ruby Steel Card is a convenient means to spend your cryptocurrency
Monaco Ruby steel card is one of the crypto card that result from the rebranding of Monaco. Other cards also produced by MCO are Midnight blue, Jude green, Royal indigo, icy white, obsidian black. All these cards are different in one way or the other.
As regards the Monaco Ruby Steel card, it is a visa cardVisa card that supports crytocurrecies like Bitcoin, ethereum, XRP and others. It also support flat currencies like JPY, AUD, GBP and many more.
The card is not like other crypto cards in two major ways. First, while most card charge an issuance fee to get it, this card only require that intending users hold 50 MCO for a period of 6 months after which such one will be eligible to get the card. Secondly, the card gives a cashback on every spending whereas other cards charge you a fee on every spending.
The card does not charge monthly or yearly fee. Also it does not have a maximum or minimum deposit amount.
Pros
- It is a multicrypto card that supports Bitcoin, Ethereum, XRP etc
- It is easily topped up with crypto
- The app is very intuitive and easy to use
- The card is backed up by mobile app
- It doesn't charge monthly or yearly fee
- It provides cashback on every purchase
- No issuance fee
Cons
- Users must stake MCO coin to get the card which we know is risky
- Strong KYC is involved
