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Monaco token is an Ethereum-based ERC20 coin issued by Monaco credit card provider. Monaco token is the native currency for the credit card platform. Transactions are secured by Monaco’s Token counter-value. The credit cards are not ordered directly but can only be availed upon purchasing the cryptocurrency. The token can be staked for up to six months before being converted into either Bitcoin or Ethereum. The token value has risen by 2600% since the ICO launch in May. The Monaco credit card is made of metal a good feature since it ensures the longevity of the card. It is important to note that transactions are free of charge since merchants who accept them pay a fee of $3. The crypto is listed on Bittrex and Binance


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