Posted 1 year ago | by Ben Armstrong
MCO Visa Card and Crypto.com Come to Canada
Crypto.com is set to roll out its MCO Visa Cards in Canada after its expansion to Europe.
According to a recent announcement, the cryptocurrency payments platform Crypto.com told media that its Visa card program has received regulatory approval by the Canadian government and will be soon issued MCO Visa cards in the country.
MCO Visa cards are prepaid cards that can be worked with various cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, and Crypto.com’s native MCO token.
If you are interested in an innovative solution that bridges the gap between cryptos and fiat, the Crypto.com MCO Visa card is a great option. If you decide to sign up for an MCO Visa card by clicking right here, you will receive a $50 USD rebate.
Crypto.com is Coming to Canada!
Crypto.com disclosed that citizens of Canada can now order their crypto cards through a three-minute customer onboarding process and ID verification on the Crypto.com App. Once registered, it will be easy to use cryptos as cash in Canada.
Previously, the cryptocurrency platform announced its MCO Visa card services have been rolled out across 27 the European Union countries as well as Switzerland, the UK, Iceland, and Norway.
After MCO Visa cards from Crypto.com were expanded across European nations, the firm stated its card was the most widely available one among crypto cards in the world. Kris Marszalek, CEO of Crypto.com, said that their goal was to roll out their card over the world.
Crypto Cards may Become the New Normal
Cryptocurrency debit and credit cards allow users to use cryptocurrencies without going through the process of manually exchanging them into fiat currency, therefore, they are now becoming more commonly used.
Nowadays, paying by card is accepted by millions of businessmen where Visa and Mastercard are the most common payment service providers and can be used just about anywhere in the world. The store you use your MCO Visa card at won't know you are paying with crypto, as the transaction is seamless.
Cryptocurrency firms can make crypto payments possible by collaborating with these payment platforms to issue cryptocurrency debit or cards, which makes using crypto as easy as using anything else.
In the event that there is a major dislocation in the established financial markets, crypto users will also have the ability to use their tokens directly, and make trades with people who have goods and services that they want or need.