Monaco, cryptocurrency payment card application today announced a partnership with Binance, the newly launched China-based blockchain asset exchange. The company will list Monaco’s MCO token on Wednesday, August 23rd, and is the first exchange in China to do so.
Deposits and withdrawals of the MCO token on Binance.com will be enabled from 3:00 pm HKT on Tuesday, August 22nd. While trading will officially begin at 3:00 pm HKT on Wednesday, August 23rd.
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.”
Changpeng Zhao, CEO of Binance also commented:
“We are supportive of Monaco’s vision to bring cryptocurrency to every wallet. 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.”
Other exchanges also carrying the MCO token include Bittrex, Liqui, Gatecoin, and Livecoin.