Memecoin Floki Launches Debit Card for 31 Countries in Europe

Bittime - Memecoin Floki has launched a crypto debit card that supports multiple cryptocurrencies, available in 31 European countries. The card can be used at millions of merchants with Mastercard and Visa support.

Floki, one of the largest memecoins with a market capitalization of over $2.6 billion, recently launched a crypto debit card that can be used in 31 European countries.

The partnership with Mastercard and Visa makes the card usable at millions of merchants around the world that accept payments through both card networks. 

The Floki debit card comes in two forms: physical and virtual. Users can fund the card with various cryptocurrencies, including FLOKI, Bitcoin, Ethereum, Tether, and more.

The launch of this debit card is a big step for Floki in realizing its vision to ease the adoption of cryptocurrencies in everyday life. The card not only allows users to spend their crypto, but also makes Floki more accessible to the general public.

With low transaction fees and support for multiple cryptocurrencies, the Floki debit card is an attractive option for those looking to transact using cryptocurrencies.

Read also: DOG Price Breaks New ATH

Key Features of Floki Debit Card

The Floki debit card supports more than eight blockchain networks, including Ethereum, Solana, and BNB Chain. This gives users the freedom to choose the various cryptocurrencies they want to use. 

The card also supports popular cryptocurrencies such as Bitcoin (BTC), Ether (ETH), and Tether (USDT), as well as Floki's own memecoin.

There are two types of cards offered: physical and virtual. For physical cards, users will be charged a one-time fee of €32 plus shipping costs. As for virtual cards, the fee is more affordable at €10.

In addition, there is a 2% reload fee every time users add balance to their card. Nonetheless, the card does not charge any transaction fees or exchange rate fees, which makes it a more cost-effective option compared to traditional debit cards.

Floki Debit Card Availability and Benefits

The Floki debit card is available in 31 European countries that are part of the European Union and the European Free Trade Association (EFTA). 

However, it is not available in countries that are sanctioned or that prohibit the use of Mastercard cards.

The main advantage of the card is its ease of use worldwide, wherever Visa and Mastercard are accepted, making it easier for cardholders to shop with crypto at more merchants.

Floki also offers virtual gift cards that can be accessed by users around the world. With this feature, Floki wants to attract more users who want to start using crypto in their daily transactions without having to worry about high fees or complicated processes.

Also read: $FLOKI Price Prediction: On Coinbase's Roadmap, Will it Surge?

Additionally, this debit card provides an opportunity to integrate the crypto ecosystem into users' financial lives in an easy and practical way.

With the launch of this debit card, Floki further strengthens its position as a major player in the world of memecoin and crypto in general. As Floki gains popularity and more real-world integrations, this debit card is an important bridge to introduce crypto to a wider audience.

FAQ

In which countries is the Floki debit card available?

The Floki debit card is currently available in 31 European countries, which includes member states of the European Union and the European Free Trade Association (EFTA).

What cryptocurrencies can be used to fund a Floki debit card?

Floki debit cards can be funded with a variety of cryptocurrencies, including Floki Inu (FLOKI), Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Solana (SOL), and many others.

Are there any additional fees for using the Floki debit card?

In addition to the one-time fee for card issuance (€32 for physical cards and €10 for virtual cards), users will be charged a reload fee of 2%. There are no transaction fees or exchange rate fees

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References

cointelegraph.com, Floki, Mastercard launch 13-crypto debit card in Europe, accessed on December 10, 2024.

coinspeaker.com, Floki Memecoin Reveals Debit Card for Global Crypto Spending, accessed December 10, 2024.

Floki, Floki X Account, accessed on December 10, 2024

Author: AWW