- Floki has launched a debit card that can be used in 31 European countries, with plans to expand globally
- The debit card allows users to fund it with Floki’s native token, as well as major cryptocurrencies like Bitcoin, Ethereum, and Solana
- Users will pay a one-time fee of $32 plus shipping for the physical card, or $10 for the virtual card, with a 2% top-up fee
Cryptocurrency enthusiasts across Europe have something to celebrate about as Floki, a leading digital currency project, announces the launch of its Debit Card. Available to the masses across 31 European nations, this new development offers users the freedom to fund their cards with popular cryptocurrencies, including FLOKI, BTC, ETH, and SOL.
Floki’s Leap into the European Market
The crypto project Floki has unveiled its Debit Card, now accessible globally. The Floki team asserts the debit card will enable users to make payments with cryptocurrency at any point of sale that accepts Visa or Mastercard. The physical and virtual cards are initially rolling out in 31 European countries, including major economies like Austria, France, Germany, Italy, Liechtenstein, and Spain.
Card Features and Availability
While the physical card is making its debut in Europe, its gradual expansion to other countries is on the cards. Simultaneously, virtual gift cards are currently available worldwide, barring OFAC sanctioned countries and jurisdictions. The Floki Debit Card comes packed with a host of features. Users can enjoy zero transaction fees and zero percent exchange rate fees. Plus, the card offers multi-chain support with an initial eight blockchain networks.
Funding Options and Costs
The card supports top-up with the native Floki token and other leading cryptocurrencies such as Bitcoin, Ethereum, Solana, and stablecoins like Tether and USDC. Users interested in acquiring the card will be charged a one-time fee of 32 euros plus shipping costs for the physical card. Meanwhile, the virtual card comes at a one-time fee of 10 euros, with a 2% top-up fee.
Floki’s Ongoing Expansion and Future Plans
Earlier in March, the Floki team announced its plans for debit cards, staking, and other services as part of its expansion strategy. The goal is to transition from a meme coin to a top cryptocurrency ecosystem. This mission includes the highly anticipated, albeit delayed, launch of the metaverse blockchain game Valhalla. Delays in Floki’s flagship utility project have seen the native token’s price dip. However, the project advocates that this decision, stemming from security audit feedback, is crucial for ensuring user safety.
Conclusion
The launch of Floki’s Debit Card in 31 European countries marks a significant milestone in the project’s journey. By providing users with a convenient and secure way to transact with cryptocurrencies, Floki is establishing its presence in the global crypto market and paving the way for a broader acceptance of digital currencies.
