Floki Launches Zero-Fee Crypto Debit Card, Enhancing Token Utility

Overview

Floki has introduced a no-fee debit card available in 31 European countries that allows users to spend crypto easily.

Key Details:

The debit card permits spending of bitcoin (BTC), ether (ETH), USD Coin (USDC), tether (USDT), BNB Chain’s BNB, and FLOKI.
Pricing: A physical card costs $33, while a virtual card costs slightly over $10. A 2% top-up fee applies when transferring tokens.
Merchants accepting VISA or Mastercard are compatible with the card.

Floki's lead developer B stated, "FLOKI holders can now directly off-ramp their tokens through a debit card that can be used with millions of merchants without having to worry about going through hassles to be able to spend their funds."

Furthermore, a VIP card is slated for release, which offers higher spending limits.

Availability:

The cards are now available in countries such as Austria, Belgium, Denmark, Germany, France, Italy, Netherlands, and several others in Europe. However, they will not be available in OFAC-sanctioned regions or where restricted by banks.