Verge partners with MeCon Cash to extend their services in South Korea

Published by

Sohrab Khawas

May 21, 2020

Verge currency, a secure and user-friendly cryptocurrency with a vision of expanding its user base, has now stepped in the South Korean market. MeCon Cash extended their support and joined hands with the Verge to push the international boundaries of the digital currency.

Verge and MeCon Cash are now partners

MeCon Cash and the Verge in a press release announced their partnership to enter the South Korean markets. Also, MoCon Cash has a huge network of 13,000 ATMs across South Korea which will be now loaded with Verge currency with ticker symbol XVG.

The Founder of the Verge Justin Vendetta expressed his pleasure by quoting,

“This is Fantastic! I hope we can get XVG on every ATM on the planet! This is great for adoption, especially at the consumer level.”

Also Read: Cryptocurrency Regulations in South Korea

The Verge, A Small Warm-up

Verge is a decentralized open-source cryptocurrency that claims to offer anonymous transactions by constructing a strenuous way of determining the geolocation of the transaction.

It is a cryptocurrency designed for the people for everyday use by providing a fast, efficient, and decentralized way of making a direct transaction privately.

Previously launched as DogCoinDark in 2014, Verge has approximately 16.5 billion coins to mine, much more than Bitcoin. DogCoinDark was rebranded as Verge in 2016. Verge has a transparent ledger that allows anyone to view the transactions but maintains the user identity of the transactions.

MoCon Cash in Brief

MeCon Cash is a blockchain technology-based in South Korea that works on developing a platform for the users to trade and transfer their assets.

MeCon Cash is used as a payment method in mobile applications, games, and emoji services in the blockchain ecosystems. The features of Mecon cash includes

Mobile Application
Mobile Games
Wallet and Support
Cariculture and Emoji
E-commerce
Cryptocurrency P2P Service

MoCon Cash recently partnered with Bitcoin Cash and Litecoin to offer the services in their 13,000 ATM’s.

Wrapping it Up!

Overall, MeCon has always extended its warm approach towards cryptocurrencies due to a well-regulated environment in South Korea. Verge with MeCon Cash as partners has fascinated the users and expect better services from both.

The partnerships offering more services to the users in South Korea could develop the crypto space in the country.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.