Monaco, a pioneering payments and cryptocurrency player, today announced the launch of the Monaco app, giving consumers a radically simplified way to buy, spend, and earn cryptocurrency cashback on all transactions.
Together with the Monaco card that will be rolling out later in September, the platform is based on perfect interbank exchange rates, and enables users to save up to 8 percent on all foreign currency transactions. This key milestone achievement enables mass market users to buy and trade cryptocurrency at the ease of their fingertips.
A full portfolio of five cryptocurrency cards were unveiled today, including Midnight Blue (Classic plastic card), Ruby Steel, Rose Gold, Space Gray (Platinum metal cards) and Obsidian Black (Limited Edition Platinum metal card).
All Monaco cards, including Platinum cards will be free, meaning no monthly fees, annual fees, nor shipping fees, and all Platinum cards come with industry leading 0.75% cryptocurrency cashback on all purchases and US$500,000 travel insurance.
