HONG KONG, August 16, 2017 — Monaco, the pioneering payments, and cryptocurrency platform, today announced its partnership with Binance, China’s fastest growing digital asset exchange. Binance will list Monaco’s MCO token on Wednesday, August 23, as its first exchange in China.
Kris Marszalek, Co-founder, and CEO of Monaco commented, “Since the successful closing of our token sale earlier this June, our team received thousands of inquiries from Chinese users regarding a local listing of the MCO token. Today, we are thrilled to partner with Binance to enable Monaco users in China to trade the MCO token conveniently and securely. Binance’s founding team built one of the most advanced trading engines in the market using their extensive industry experience – as a result, they reached the top 10 global digital asset exchanges by trading volume within 30 days of launch.”
”We are supportive of Monaco’s vision to bring cryptocurrency to every wallet,” said Changpeng Zhao, CEO of Binance.com. “Monaco is perfectly aligned with Binance’s mission to allow everyone to exchange digital assets seamlessly. Most importantly, the cryptocurrency community needs initiatives that will drive adoption globally and we are confident in Monaco team’s ability deliver a fantastic product.”
Deposits and withdrawals of the MCO token on Binance.com will be enabled from 3:00pm HKT on Tuesday, August 22. Trading begins 3:00pm HKT on Wednesday, August 23.
About Monaco
Founded in June 2016, Monaco is the pioneering payments and cryptocurrency platform allowing users to spend Bitcoin and Ethereum at perfect interbank exchange rates anywhere Visa cards are accepted, saving $30-40 on every $500 equivalent spent on foreign currency transactions. Monaco raised over US$26.7 million through one of the most successful Token Sale events to date. The company is headquartered in Switzerland with operations in Hong Kong and Singapore. For more information, please visit www.mona.co.
About Binance
Binance is one of the fastest exchanges in the market today capable of processing 1,400,000 orders per second. Binance team, led by industry veteran Changpeng Zhao, has rich experience both on Wall Street and in crypto finance. The company raised US$15m in July 2017 and is rapidly gaining market share in digital asset trading.
I read a lot about this card project, it sounds promising. But in my opinion the TenX card is the better option at present because of the fees, the amount of accepted crypto currencies (BTC, ETH,Dash...) and the perfect user communication. Not to mention its reward programmes.
I do agree with you. My point is that Monaco is in their infancy, and with only 8 mill coins, the price will skyrocket.
If you just talk about the currency itself, you might be right. Especially, since the coin is a bit cheaper than TenX.
it will go down again, so buy the dip, before it reaches the binance. well, tenx 200 m coins, monaco 31 m total, price almost same, when it should be 7x. and they will absolutely partner up with neo. (as we can see from the binance announcement)
Maybe I was right? from 3$ to 17$
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