Spend your Ether or Bitcoin with a physical Monaco Card, wherever cards are accepted, both online & offline. Only the exact amount that you spend with your Monaco Card will be incrementally exchanged from ETH/BTC in real-time when you swipe your card, with rest being securely stored in your wallet to which only you have access. Exchange money at perfect interbank exchange rates using Monaco App. Enjoy the same perfect interbank rates whenever you spend on Monaco Card. Send money from Monaco App in 23 currencies to 120 countries worldwide for free. Sending money between Monaco App users is free & real-time, with the money being instantly available for the recipient on their Monaco Card. Customer on boarding can be done entirely via the mobile App – a process taking less than 3 minutes."
What we don't like:
The premium cards are pretty expensive. Costing 50,500,500,000 Monacos respectively, these premium cards are ones with exciting features such as cash back and free ATM withdrawals. With Monaco’s current price around $15 users will have to decide if this is worth the features. It is a lifetime fee but still, that’s risky to pay for a new company in a new industry.
What we like:
Monaco is a crypto-to-fiat debit card. It allows users to spend BTC or ETH in a manner that is converted to the fiat currency of the country in which they are located. Monaco allows for free ATM withdrawals up to a limit depending on the card. It is perfect for anyone who wants to spend their crypto directly without having to use an exchange to bring the money into their bank account. Monaco is a perfect choice for traveling because the conversion is automatic into the fiat currency of the user's current location. Monaco has a strong team who previously worked in the debit card/banking industry.