Floki Launches Its Debit Card Targeting European Markets

Floki's debit card now is live in key European markets, including France, Germany, Spain, and Italy. The card comes in both physical and virtual forms

Floki is heating up key European markets with the launch of its debit card in France, Germany, Spain, and Italy. The card, available in both physical and virtual formats, provides a convenient way for users to spend their cryptocurrencies on daily purchases.

While the physical card is limited to European nations at this stage, the virtual card offers global coverage, expanding the scope of Floki’s offerings.

The Floki debit card boasts several interesting features:

* Multi-Blockchain Support: A standout feature of the Floki debit card is its support for multiple blockchains. Users can fund their cards with several major cryptocurrencies, including Floki’s native token (FLOKI), Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC). The card currently supports eight different blockchain networks, with plans to add more in the future.

* No Transaction Fees: Another notable aspect is the lack of fees for transactions and currency conversions. Users will not be charged any extra fees when making regular purchases or when the currency is exchanged to fiat at the point of transaction.

* Physical and Virtual Card Options: Floki offers two types of cards: a physical card and a virtual card. The physical card is available for a one-time fee of €32, plus shipping costs, while the virtual card can be obtained for just €10. Both types of cards require a small 2% top-up fee whenever they are loaded with cryptocurrency. This fee is a one-time charge each time the card is funded.

The physical card will gradually be rolled out to additional countries beyond Europe, expanding its availability. In contrast, the virtual card is already accessible to users globally, making it an ideal option for crypto enthusiasts everywhere.

Global Expansion Plans:Floki is planning to expand the physical card to more regions in the coming months. The project has also been actively burning its tokens to reduce the total supply. In the past year alone, more than 103 billion Floki tokens have been burned, which is expected to have a positive effect on the token’s value.