HONG KONG, August 16, 2017 /PRNewswire/ --
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.
(Logo:
http://mma.prnewswire.com/media/545705/Monaco_Logo.jpg )
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 http://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.
For press enquiries, please contact:
The Hoffman Agency
MonacoPR@hoffman.com
Virginia Lam
Virginia@mona.co