Key Takeaways:
- Floki’s Crypto Debit Card Launch: Floki and Mastercard introduce a 13-crypto debit card across 31 European countries, supporting eight blockchains and enabling seamless spending of cryptocurrencies.
- Wide Crypto Support & Fees: The card supports 13 cryptocurrencies, including Bitcoin, Ether, and Floki Inu, with no transaction fees but a 2% top-up charge and a $5,000 daily spending limit.
- Broader Ecosystem Plans: Alongside the card, Floki is advancing its ecosystem with the Valhalla metaverse and expanding crypto payment options globally.
Floki, in partnership with Mastercard, has launched a new debit card across 31 European countries, enabling seamless cryptocurrency transactions.
Available in both physical and virtual forms, the card supports transactions on eight blockchains and can be topped up using 13 cryptocurrencies, including Floki Inu (FLOKI), Bitcoin (BTC), and Ether (ETH).
FLOKI DEBIT CARD IS NOW AVAILABLE
— FLOKI (@RealFlokiInu) December 9, 2024
The Floki Debit Card is officially live, allowing users to spend their crypto assets at millions of merchants worldwide that accept VISA or Mastercard.
Key Features:
– 0% transaction fees
– 0% exchange rate fees
– Support for 8+ blockchain… pic.twitter.com/9kYSpLRXip
Users can spend cryptocurrencies anywhere Mastercard and Visa are accepted, with virtual gift cards accessible globally.
The card features a daily spending limit of 5,000 USDT, and while transactions are fee-free, users face a 2% top-up charge and setup fees.
This launch follows Floki’s March 2023 roadmap announcement and aligns with its expanding ecosystem, which includes the Valhalla gaming metaverse, expected in Q1 2025.
Floki boasts a $2.63 billion market capitalization and operates on Ethereum and BNB Smart Chain networks.
This launch reflects the rise of crypto-powered payment solutions, with Mastercard and Visa leading the space.
Notable examples include Mastercard’s collaboration with Crypto.com in the Gulf region and MetaMask on a decentralized wallet card.
Visa is similarly active, offering crypto debit cards with partners like FV Bank.
Floki’s card showcases the growing adoption of blockchain technology in mainstream financial tools.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
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