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MCO
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MCO
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What is an MCO (MCO)?

The MCO cryptocurrency is the blockchain project's own crypto asset Crypto.com. Platform Crypto.com The company, which started under the brand name Monaco, claims to have been created with the aim of facilitating the "transition of the world to cryptocurrency". Based on this aspiration, the platform was built as an ecosystem of various blockchain-based products developed and submitted in February 2016 under the MCO brand.

Who created the MCO (MCO)?

General Director Crypto.com This is Chris Marshalek, a business veteran who was also the CEO of Ensogo, a social commerce company, and the founder of Beecrazy (an e-commerce company).

Other members of the company's senior management are Rafael Melo (CFO) and Gary Ohr (CTO).

What is the uniqueness of MCO (MCO)?

Crypto.com it positions itself as a platform focused on solving several problems that the blockchain industry faces, especially in the area of usability and the availability of financial services that it can provide:

MCO Visa prepaid card provided by Crypto.com, should help customers buy and spend cryptocurrency more easily. According to the team Crypto.com today's cryptocurrency enthusiasts often face challenges when they want to use digital currencies for everyday payments. These processes are described as taking up too much time or the number of places that allow this type of payment is relatively small.

The MCO card solves this issue, and does not have an annual commission, and international purchases can be made with more favorable interbank commissions. Finally, users can spend and withdraw the equivalent of their cryptocurrency in fiat currency from Visa-approved merchants, both online and offline.

The MCO wallet and card app should allow users to manage and buy cryptocurrency on their mobile devices in a more rational way. It allows you to buy and sell cryptocurrencies, send and receive them, and track their prices.

The wallet application is also intended to be used as a management tool for the Visa MCO card. Options also include withdrawing, freezing, and defrosting the card with additional support for converting cryptocurrencies to their fiat currency equivalents.

The Crypto Invest scheme is designed to help users set up their cryptocurrency portfolios without facing the obstacles they have to contend with today. It offers access to a free service that will give clients insight into trading strategies suitable for creating individual trading portfolios.

How many MCO Tokens (MCO) are in circulation?

As already mentioned, MCO is the ecosystem's own crypto assets Crypto.com. With no maximum supply, 15,793,831 MCO is currently in circulation.

The asset is traded at 7.40 USD, with a daily trading volume of 659,984 USD, and a market capitalization of 116,950,428 USD.

How is the MCO network protected?

The network security of the MCO project is provided by a $ 100 million direct insurance policy through Arch Underwriting at Lloyd's Syndicate, an AWS or Amazon Web Services firewall, and Transport Layer Security, for automatic encryption of all traffic and business continuity.

Summary

  • To own your crypto assets, you need to manage your own private keys.
  • Ledger hardware wallets make private key management easy and secure.
  • Each unique 24-word recovery phrase creates a new set of private keys.
  • Make sure you secure your 24-word recovery phrase properly.
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