HONG KONG, July 23, 2018 /PRNewswire/ --
MCO customers benefit from one of the industry's most generous cashback and referral programs
CRYPTO.com, the pioneering payments and cryptocurrency platform formerly known as Monaco, today announces the launch of:
- Platinum Referral Rewards, a unique peer referral program, offering up to a never-before-seen US$10,000 sign-on bonus per cardholder; plus up to 25% of all net fees collected on their referred friend's crypto transactions;
- Crypto Wallet Cashback, a program offering up to 1% cashback rewards for all purchases and exchanges of cryptocurrency in the MCO Wallet App.
Kris Marszalek, Co-Founder and CEO of CRYPTO.com, said: "We are pleased to announce the launch of our MCO rewards programs. Starting today, customers get rewarded for every cryptocurrency purchase and exchange, making the MCO Wallet App the ideal destination to execute all your cryptocurrency transactions."
"We're also giving all MCO Visa Platinum cardholders up to US$10,000 to share with their friends in sign up bonuses. We believe strongly in the power of advocating cryptocurrency through personal relationships. There's simply no better way to introduce people to cryptocurrency than with the new MCO app."
Platinum Referral Reward Program
To participate in the program, each user starts by reserving a MCO Platinum Visa card (a metal Visa Card with no annual fee) which requires the staking of MCO tokens based on the card reserved. Each user can then invite friends to the MCO Wallet App and gift them MCO tokens with special referral links. Users are able to gift up to US$10,000 to up to 100 friends, the equivalent of US$100 per friend.
The referrer will also earn up to 25% of all net fees (net of third party payment/transaction processing cost) collected on their referred friend's cryptocurrency transactions.
Crypto Cashback Program
In addition to users receiving up to 2% cashback on all purchases made with their MCO Visa Card, they will also be rewarded with up to 1% cashback on all crypto purchases or a crypto-to-crypto exchange made through the MCO Wallet. Currently, the MCO Wallet supports four cryptocurrencies, with more to come soon.
CRYPTO.com, the pioneering payments and cryptocurrency platform, formerly known as Monaco, seeks to accelerate the world's transition to cryptocurrency. Its MCO branded consumer financial services, including the MCO Visa Card, MCO Wallet App, and MCO Token embrace a vision of Cryptocurrency in Every Wallet™. CRYPTO.com is headquartered in Hong Kong. For more information, please visit: http://www.crypto.com