Review on Crypto.com by francis fernandez
MCO: a platform that integrates FIAT money with digital currency
Monaco, the platform whose native currency is known as the MCO token, is a blockchain that acts as a bridge to make payments that allows its users to spend, trade and exchange both FIAT money and digital currencies, subject to interbank exchange rates in real time.
Monaco better known today as Cryptocom is based in Japan. It had its beginnings in 2016; It was then forced to shut down its operations and a new project was created in 2018 known as Cryptocom that has a new token traded as CRON.
The MCO token can be acquired through an account created in an exchange application, after making the necessary deposit to support the MCO purchase.
What are the benefits or utilities that MCO offers?
* It allows as a means of payment to acquire cryptocurrencies using a debit or credit card and FIAT money wallet.
* It is used to make bank transfers using fiduciary currency or a debit or credit card in FIAT money.
* Allows you to send cryptocurrencies to users within the Cryptocom Apps instantly and at no cost.
* Serves to make withdrawals in cryptocurrencies to wallets outside the platform, by paying low fees.
* Provides the user with an open communication channel to constantly view the movement of market assets.
The main advantage without a doubt of this platform is that it combines within the same blockchain the possibility of trading with both FIAT money and digital currencies.
Pros
- It offers the user the possibility of trading with more than 7 FIAT currencies and with more than 70 digital currencies.
- Allows the user to make payments with a VISA MCO card whenever they want, backed by their available funds.
Cons
- Does not offer an adequate level of customer support
- Does not provide a public description of the distribution of its funds.
