HONG KONG, Dec. 14, 2017 /PRNewswire/ -- Support grows for Monaco's vision of Cryptocurrency in Every WalletTM

Monaco, the pioneering payments and cryptocurrency platform, today announces that its MCO token will be listed on three additional cryptocurrency exchanges: Coinnest, Coinrail, and QRYPTOS (the international arm of Quoine) on Friday, December 15, 2017. The listing on these exchanges increases the liquidity and access of the MCO token, a significant step towards fulfilling Monaco's vision of putting cryptocurrency in every wallet.

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Kris Marszalek, Co-Founder and CEO of Monaco said, "South Korea and Japan are leading cryptocurrency markets in terms of trading volume. We're excited to be working with our partners to make the MCO token broadly available. Watch this space in the next few weeks, as Monaco continues to extend its reach."

Regarding the listing, Eik-hwan Kim, CEO of Coinnest said, "We are excited to provide another trading option to our users. Our teams have been focused on bringing online new tokens and futures, and it's great to see our efforts pay off. We welcome Monaco and their community as we continue on our quest to best serve our users."

Kyungsic Nam, CEO of Coinrail added, "We are excited to bring the MCO token to Coinrail. We are committed to the global proliferation and development of digital assets, it is in our interest to work with partners such as Monaco towards our mutual mission of putting cryptocurrency in every wallet."

Mike Kayamori, Co-Founder and CEO of QUOINE said, "Adding the MCO token to QRYPTOS is a tremendous value add to our customers. With our focus on security and innovative rewards, we are keen to support Monaco's efforts of making cryptocurrency available to the masses."

Currently, the MCO token is also listed on BigONE, Bittrex, Binance, EtherDelta, Exchange X, Huobi.pro, Liqui, Livecoin, OKEx, and YoBit.

Deposits and withdrawals of the MCO token on each exchange will be enabled on Thursday, December 14, 2017. Trading begins on Friday, December 15, 2017.

About Monaco

Monaco Technology GmbH has a mission of putting cryptocurrency in Every WalletTM as the pioneering payments and cryptocurrency platform. Through the Monaco Visa card and mobile app, users are able to buy, exchange, and spend fiat and cryptocurrencies, such as bitcoin and ethereum, at perfect interbank exchange rates. Founded in June 2016, Monaco raised US$26.7 million through one of the most successful Token Sale events to date. The company is headquartered in Switzerland with offices in Hong Kong and Singapore.

For more information on Monaco, please visit http://www.mona.co. Monaco Visa cards can be reserved with the Monaco app available for download for iOS and Android users.

About Coinnest

Coinnest is a cryptocurrency exchange that introduces promising cryptocurrencies and blockchain technology into Korea and aims to provide a stable cryptographic trading environment. In July of 2017, we acquired more than 70,000 members within three months after its first launch and the transaction volume is growing at a rapid rate of nearly four times. We are linked with the world's leading exchanges, BTC Trade, Jubi.com, BTC-Box, etc., as family groups and ranked 4th in Korea and 14th in the world in Coinhills ranking. With the investment from Bitmain and the Qtum Foundation, the enterprise value was estimated to be over KRW 100 billion. Qtum (QTUM), Neo (NEO), Kyber (KNC), and Energo (TSL), which are expected to be technologically stable and marketable, were listed on the Korea Exchange for the first time and Qtum's major net swap was successful in Korea. We announced the technical support to the second bitcoin hard fork as the first Korean exchange. In addition, we also donated QTUM worth KRW 10 million, to the National Disaster Relief Association to recover from the earthquake in Pohang.

About Coinrail

Coinrail is a cryptocurrency exchange that has the largest variety of coins in South Korea. With numerous events and as a commission-free exchange, it has enormous growth potential. It is the most noteworthy exchange in South Korea with its user-friendly User Interface and features.

About QRYPTOS (QUOINE)

QUOINE is a leading global fintech company that provides trading, exchange, and next-generation financial services powered by blockchain technology. With offices in Japan, Singapore and Vietnam, QUOINE combines a strong network of local partners with extensive team experience in banking and financial products to deliver best-in-class financial services for its customers. More information can be found at http://www.quoinex.com

In June 2017, QUOINE launched a fully digital cryptocurrency exchange and trading platform called QRYPTOS (http://www.qryptos.com). Developed to meet the trading needs of a growing professional and retail market, QRYPTOS was designed to make cryptocurrency trading convenient and efficient for everyone from the novice investor to corporate clients.

For press enquiries, please contact:

The Hoffman Agency

MonacoPR@hoffman.com

SOURCE Monaco