Revolutionizing Everyday Crypto Transactions
Floki (FLOKI), a leading memecoin project, has introduced a zero-fee crypto debit card designed to simplify cryptocurrency spending. Initially rolled out in 31 European countries, the card allows users to seamlessly use their digital assets, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tether (USDT), BNB Chain’s BNB, and FLOKI, at millions of merchants that accept VISA or Mastercard.
Key Features of the Floki Debit Card
Affordable Options for Users
- Physical Card: Available for $33.
- Virtual Card: Priced at just over $10.
No Hidden Fees
Users benefit from zero transaction and exchange rate fees, making it an economical solution for crypto holders.
Wide Blockchain Compatibility
The card supports more than eight blockchain networks, providing flexibility and versatility for various digital assets.
Simple and Transparent Cost Structure
A modest 2% top-up fee is applied when transferring tokens to the associated spending account. This straightforward fee structure ensures users can easily access and manage their funds.
Benefits for FLOKI Token Holders
Floki’s debit card offers direct token off-ramping, enabling users to convert and spend their crypto assets without relying on complex exchange processes.
Exclusive VIP Card Option
Floki is set to launch a VIP card for users who require higher spending limits. The VIP card will offer a daily spending cap of $50,000 and a monthly limit of $250,000, catering to high-value transactions.
Supported Regions and Expansion Plans
Currently Available in Europe
The debit card is accessible in 31 countries, including Germany, France, Italy, Sweden, Spain, and more.
Global Expansion Goals
Floki plans to expand the card’s availability beyond Europe while adhering to international regulations. It will not be available in OFAC-sanctioned regions or where local banking rules restrict its use.
Empowering Crypto for Everyday Use
By introducing this zero-fee debit card, Floki is bridging the gap between digital assets and real-world transactions. This initiative simplifies spending crypto on everyday purchases, promoting broader adoption and usability.
With its user-friendly features, low fees, and plans for global expansion, the Floki debit card is a significant step toward making cryptocurrency a practical payment option for everyone.
