Crypto.com Cans MCO and migrating fully to CRO

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I’ve been a user of crypto.com for almost a year now and I’ve owned MCO coin for some time now! MCO is an ERC-20 token used for staking on the crypto.com platform!

Later it released a new token called CRO which had far more utility but also far more supply making it a lower value to MCO! The two coins ran hand in hand on the platform for sometime and users could stake either

MCO is no more

crypto.com have announced that they are discontinuing support for MCO and all utility in their app will be run on CRO! As a custodial service they make the rules and while you can trade and hold your MCO in an ETH wallet like Meta Mask or other 3rd party wallets they will soon mean nothing as their primary utility is now lost

CRO bonus

To spur users adopt CRO, Crypto.com is running a swap deal! You can trade in your MCO even if it’s locked in an interest baring account and trade it for a set price! If you do it before the end of August you’ll also receive a 20% bonus allocation

Covert I did

So not one to shy away from free money I’ve converted my MCO and claimed my Bonus! My interest content continues and all is right with the world

Have your say

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8 comments
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I jumped on the swop. They don't need two tokens so this will simplify the whole process. I love their exchange and card and I got an extra 80 dollars. What's not to like.

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Lol when I got the email I read half of it and I was like meh, then I saw the 20% bonus and I was like sold, thank you free money. I still don't have the card yet, been staking for ages, don't know when it will be available in our country

Have you used it to buy anything yet?

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I use the card for everything now. I get my Spotify back in cro which is $10.
Then I do a bank transfer of 1000 at the start of the month for free and spend it through the card and get my 2% back. Roughly 30 a month profit just to use it plus the cro price has almost doubled lately. I use it to buy my bitcoin and stack those every month to my ledger.
I have staked some cro and eos as well but I might Chang that to get more profit from them. The card came in less than a month from when I ordered it but I did see a lot of people had big delays when I was looking into it.

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Thats freaking awesome, i'd love to be able to take it for a test drive once it's available here or if I can ship it to somewhere where its available and pick it up later.

I can't wait for crypto cards and ledges to be the norm, I think its so cool the new options we get and shows how shit the banks have been with us

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There are some great options out there now for people to earn money. Having 20 small sources of revenue will be the norm going forward as a lot of jobs will go at the lower levels. We are just ahead of the curve and setting them up now. Storing a good bit of it in bitcoin should hopefully be a good hedge for the future.

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i just sold my mco the day before this happened! ufff, but i've reduced my cro and cel positions and took profits

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This is what I keep preaching that it pays to HODL, I know it seems like a no brainer strategy but damn has it put me in the black

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