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Published December 10, 20242 min read

Visa, Mastercard, and Memes: Floki's Entry into the Financial World

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artwork image for: Spending Crypto Made Easy: Floki Unveils Multi-Network Debit Card

In today's world, more and more aspects of our lives are moving into the digital age. Using bank cards is no longer surprising; their digital versions make payments even more convenient. Now, you can pay with cards physically and through smartphones, smartwatches, and other devices. Alongside traditional banks, new companies are entering the market, partnering with giants like Visa and MasterCard to create their cards and offer innovative solutions to users.

In today’s news article, Coimooner shares an interesting story about how a major company, not directly tied to the banking sector, has launched its unique virtual card. This step is a vivid example of how the digital revolution and blockchain technologies reshape traditional financial systems.

The team behind the popular meme token Floki has developed a debit card that allows users to spend cryptocurrency at merchants that accept Visa and Mastercard cards. This card opens new possibilities for using digital assets in everyday life. According to Floki’s official announcements on social media, the debit card is available in physical and virtual formats. It supports multiple blockchain networks and major cryptocurrencies, making it a versatile user tool.

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Floki’s Debit Card: The Future of Blockchain-Based Everyday Transactions

The card can be funded with cryptocurrencies like Bitcoin, Ethereum, USDT, USDC, BNB, Solana, and the Floki token itself. The top-up fee is 2%, but there are no additional transaction fees, making it an attractive tool for active cryptocurrency users. The physical card costs €32 (excluding shipping), while the virtual version is available for just €10. Both options can be used in 31 European countries, including France, Germany, Spain, Sweden, etc.

In addition to debit cards, the Floki team has introduced virtual gift cards for their customers. These cards are available to users worldwide, expanding opportunities for exchanging and using cryptocurrency. However, it’s important to note that the service is not available in countries under sanctions from the U.S. Office of Foreign Assets Control (OFAC) or in regions with restrictions imposed by issuing banks or Mastercard.

Finally, we want to remind our readers about the importance of security in the Web3 space. Blockchain and cryptocurrency technologies open up new opportunities but require a responsible approach. Always use the latest security methods and trusted platforms to protect your finances and personal data. Remember, security is the key to successfully and sustainably using digital assets.

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