facebookHow do I use the MCO Card properly? Should I use fiat or Crypto? Which is better for transactions? - Seedly
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Nicholas Tan Yi Da

Asked on 31 Mar 2020

How do I use the MCO Card properly? Should I use fiat or Crypto? Which is better for transactions?

I recently got myself an MCO visa card after staking for the red version. I understand it comes with rebates in terms of MCO for visa transactions. If I use Xfers, do I load my card with fiat cash or what is the correct method to do so?

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4 answers

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Answers (4)

Hi there! Hope you're enjoying your Ruby MCO Visa Card!

If you would like to load you card (for spending) directly with fiat, you may wish to simply use a debit card (at no cost) to load your MCO Visa Card. You can also do so with your credit card, but keep in mind that that comes with a 1% processing fee. The last way to load your card wallet is directly with crypto.

If you would like to load your fiat wallet (to purchase crypto), you can do so via our partner Xfers via bank transfer (at no cost). You can also directly purchase crypto via Credit Card. (This comes with a 3.5% fee)

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

FW

Frank Wee

Level 3. Wonderkid

Answered on 28 Apr 2020

Hey, these are the various ways you can topup your MCO visa card.

  1. Debit card with no fees (recommended)

  2. Credit card with 1% fees

  3. Sell crypto with no fees (possible spread due to maket order spread, recommended to transact in small amounts)

These crypto are supported for topup: BTC, ETH, LTC, XRP, MCO.

Always check the confirmation page to double check the rates and fees details.​​​

0

Thank You!
Can you clarify
I wonder if
This is so helpful 👍
What about

Post

Chin Guo Qiang

Chin Guo Qiang

Level 6. Master

Answered on 31 Mar 2020

For this topic, you can do the following :

  1. Credit Card Top-up

  2. Pros : Instant Payment

  3. Con...

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