I’ve been a user of crypto.com for almost a year now and I’ve owned MCO coin for some time now! MCO is an ERC-20 token used for staking on the crypto.com platform!
Later it released a new token called CRO which had far more utility but also far more supply making it a lower value to MCO! The two coins ran hand in hand on the platform for sometime and users could stake either
MCO is no more
crypto.com have announced that they are discontinuing support for MCO and all utility in their app will be run on CRO! As a custodial service they make the rules and while you can trade and hold your MCO in an ETH wallet like Meta Mask or other 3rd party wallets they will soon mean nothing as their primary utility is now lost
CRO bonus
To spur users adopt CRO, Crypto.com is running a swap deal! You can trade in your MCO even if it’s locked in an interest baring account and trade it for a set price! If you do it before the end of August you’ll also receive a 20% bonus allocation
Covert I did
So not one to shy away from free money I’ve converted my MCO and claimed my Bonus! My interest content continues and all is right with the world
Have your say
What do you good people of HIVE think? Is the South African Rand circling the drain?
So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."
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