- The debit card allows fee-free crypto payments in 31 European countries, bridging digital and traditional finance.
- With multi-chain support and global access, Floki’s card enables spending Bitcoin, Ethereum, USDT, and more easily.
- Floki offers virtual and physical debit cards, making crypto transactions seamless for users worldwide.
Floki officially unveiled its new debit card and it is available in 31 European countries. The card allows users to spend cryptocurrency at any establishment that accepts Visa or MasterCard. This move effortlessly integrates cryptocurrency into daily financial transactions.
Fee-Free Transactions and Multi-Chain Support
The Floki Debit Card carries no fees for regular purchases or currency conversions hence making it cost-effective for customers. It supports eight blockchain networks hence allowing users to fund their cards with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USDC. This broad compatibility improves convenience for crypto holders.
Virtual and Physical Card Options
Floki offers both virtual and physical card choices. The physical card costs €32 including shipping, and the virtual card costs €10. Users must pay a 2% top-up fee each time they load funds onto their card.
The physical card is currently accessible in Europe. They also intend to expand into additional countries soon. However, the virtual card is available globally hence increasing its reach to consumers outside of Europe.
The card features a daily spending limit of 5,000 Tether (USDT) equivalent. It is not available in Mastercard-restricted countries or those under OFAC sanctions. Despite these limitations, it is widely applicable to millions of retailers globally.
Driving Crypto Adoption
Floki’s ecosystem has gained momentum this year, with significant growth in the total value locked (TVL). The card launch is a significant step toward transforming Floki from a meme coin to a utility-driven cryptocurrency.
This initiative aligns with broader trends as major networks like Visa and Mastercard increasingly integrate cryptocurrency solutions. By bridging the gap between digital assets and traditional banking, Floki is cementing its position in the changing financial world.
