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Monaco Closer to 'Cryptocurrency in Every Wallet' Dream as They Launch Wallet App

May 17, 2018, 11:22AM
1 min, 24 sec READ

New Wallet App will scale global expansion, increase customer base and provide Anti Money Laundering (AML) and Know Your Customer (KYC) checks.

Monaco, a leading digital cryptocurrency trading platform, has unveiled a new mobile wallet app that will get them closer to achieving their stated dream of putting cryptocurrency in everyone's pocket. 

The wallet app will provide users with a secure and simplified means of buying, selling, and exchanging cryptocurrency on their phone. The app also supports fiat exchange and purchases.

Describing this latest product launch, Monaco Co-Founder and CEO Kris Marszalek said:

"We are excited to launch our mobile app and introduce cryptocurrency to the spending practices of the everyday consumer. The app enables users to focus on making the best financial decisions for them rather than endlessly studying the confusing mechanics that frequently accompany cryptocurrency products and exchanges."

Marszalek further elucidated his vision for Monaco as follows:

"This app is just the beginning of Monaco's vision to bring cryptocurrency to everyone by simplifying processes with a beautifully designed user interface and ultra-functional features missing from the current industry landscape. Watch out for more products in the pipeline that will change and define the way we spend and invest."

Monaco partnered with Jumio to develop the app in March of this year. Jumio played an advisory role in developing Monaco's global expansion plan and will continue to help keep the platform in line with Know Your Customer (KYC) and Anti-Money Laundering (AML) standards.  

Along with its buy, sell, exchange features, the app will provide real-time market data as well as cryptocurrency news to keep the user up to date. 


Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.