Banner Launching Cryptocurrency Exchange Launching Cryptocurrency Exchange Expanding Services Aims to Be A Top Exchange


Founded in 2016, was primarily known for launching its MCO debit cards that could be topped up with cryptocurrencies. These debit cards were standard Visa debit cards that would be accepted nearly anywhere.

Later, launched a successful ICO in 2017 which raised the equivalent of $26,700,000. Shortly afterwards more services were unveiled several other services. This included a cryptocurrency wallet, their own blockchain, and Crypto Invest. A credit or lending platform is also being developed.

Seeing the different services already being offered by, their announcement today seemed like a natural progression.


Rolling Out the Exchange

A live beta for's exchange will be available starting November 18th. User interested in signing up for the closed beta can do so here. The exchange will support BTC, ETH, XRP, LTC, EOS, XLM, USDT, CRO, and MCO across 3 core pairs: BTC, CRO, USDT, with more coins added in the future.

Like some other exchanges, will have a dedicated IEO launchpad called "The Syndicate". CRO token holders will receive priority token allocation. A unique aspect of is their staking program which awards users with a 20% yield that stake their CRO tokens.

Kris Marszalek, Co-founder and CEO of said: "We have 1+ million users on the platform today, the best crypto debit card in the market covering Asia, US, and Europe– we’re the trusted brand that sets industry standards in terms of security and compliance. Launching an exchange is the natural next step that allows us to complete our ecosystem play. I strongly believe that only companies that built entire ecosystems will thrive during the next bull market."

While Marszalek might be right about having a good ecosystem, the world of exchanges is highly competitive. will have to compete with some serious innovative exchanges such as Binance and Huobi. Should continue innovating, they could put up a fight with some of the bigger exchanges.


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Written by Jonathan Ganor

Writer & cryptocurrency aficionado

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