As per the recent Twitter post from Kyber Network and from Crypto.com, it has been confirmed that from today (9 PM HKT), MCO will be listed on Kyber Network’s list. There are other networks too in addition to Kyber Network.
Kyber Network is an ‘on-chain liquidity protocol.’ With the help of this platform, the process of integrating decentralized tokens into any app becomes possible. By far, the Network supports more than seventy ERC 20 crypto tokens. The platform facilitates the exchange of value and therefore, supports developers to create better-equipped payment processes and apps. The Network enables- “instant token swap services, ERC20 payments, and financial DApps.”
.@cryptocom $MCO will be listed on @KyberNetwork. Our token will be accessible through @KyberSwap & other platforms that are tapping into their on-chain liquidity protocol! Available from 9pm (HKT), 26 April. Details – https://t.co/qTJg9hvbme @loi_luu #cryptocurrency pic.twitter.com/O1wYyIVyow
— Crypto.com (@cryptocom) April 25, 2019
Crypto.com, on the other hand, catalyzes “automated price reserves” in order to support the liquidity. The platform’s token- MCO can be accessed through Kyber Network along with other networks.
Further, as per the information on the official blog of crypto.com, the users can now access the Kyber Network Crystal on Crypto.com wallet application. The customer can do all the transactions on Kyber Network Crystal. In order to buy anything on the cross-border level, the user can make use of Crypto.com Visa Card.
The market performance of MCO-
MCO is the digital currency of crypto.com. At 10:12 UTC, the rate of MCO token was around 4.65 USD with the growth rate of 0.32 percent or 0.00088190 BTC with the growth rate of 3.33 percent or 0.02991706 ETH with the growth rate of 5.72 percent. The total market cap of the crypto.com token is 73,453,799 USD.
In the past 24 hours, the amount of tokens that have been traded in the market is 10,627,836 USD. The current circulating supply of the digital token is 15,793,831 MCO whereas the total supply is 31,587,682 MCO.
More on Crypto.com-
The payment and crypto platform, Crypto.com recently added Paxos Standard’s PAX token to its platform. These tokens are available through the wallet and card application. The move has brought Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Binance Coin (BNB), XRP, Enjin Coin (ENJ), Basic Attention Token (BAT), and its own MCO and CRO tokens, closer as per the blog.
The market performance of PAX-
The current rate of PAX token is around USD 1.02 with the growth rate of 1.61 percent or 0.00019277 BTC with the growth rate of 4.64 percent or 0.00653917 ETH with the growth rate of 7.06 percent. The total market capitalization of PAX token is 124,992,195 USD.
In the past 24 hours, the amount of tokens that have been traded in the market is 232,250,397 USD. The current circulating supply of the digital token is 122,915,303 PAX whereas the total supply is 122,982,688 PAX.
Paxos is currently aiming to mobilize assets at the speed of the internet, making them as easy, as accessible, as instant, and as convenient as the internet. The company is aiming to do so for the entire finance sector. As per the official crypto.com blog, here is what they say about Paxos-
“Settlement risk will cease to exist, so trillions of dollars of trapped capital can go to work in a global, frictionless economy. Today, as the first regulated Trust company with blockchain expertise, Paxos is uniquely positioned to mobilize and custody assets digitally.”