Just confirming with token lock up, that when you buy from an exchange (say, Binance since that is who you have the strongest partnership with) that you only need to buy the EXACT number of MCO for a particular card?
So if I were to buy 50 MCO tokens in preparation for getting a Ruby Card, and I got these tokens from Binance, there wouldn't be a withdrawal fee from Binance to the MCO wallet that would mean I'd have slightly less than 50 MCO tokens in the end, so would be short of the Ruby Card? Also same question for the other cards like 500 MCO card.
I doubt Binance would be responsible for the token lockup. So I'm guessing yes, you have to have exactly 50 MCO in your private wallet, and send them to an address or a smartcontract for lockup. Which means you'll have to pay withdrawal fees from whichever exchange you bought the MCO from. As well as some gas fees for the transaction.
Yeah, Monaco team is developing its own wallet, where you would need to transfer your MCO for lockup. I am sure transactions fees applies.