Floki launches Debit Card in 31 European countries

The Floki Debit Card is now available to the global community, the crypto project has announced.

According to the Floki (FLOKI) team, the debit card will allow users to pay with crypto at any merchant that accepts Visa or Mastercard. The physical and virtual cards go live in 31 European countries, including Austria, France, Germany, Italy, Liechtenstein and Spain.

While the physical card launches in Europe and will gradually roll out to more countries, virtual gift cards are live worldwide. However, the card is unavailable in OFAC sanctioned countries and jurisdictions, Floki announced.

In terms of the card’s key features, users will enjoy zero transaction fees, zero percent exchange rate fees and multi-chain support with an initial eight blockchain networks.

Users will be able to top up with the native Floki token as well as top cryptocurrencies. These includes, Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and the stablecoins Tether (USDT) and USDC (USDC).

Users looking to tap into the card will pay a one-time fee of €32 plus shipping costs for the physical card. The virtual card costs a one-time fee of €10, while the top-up fee will be at 2%.

In March this year, the Floki team revealed plans for debit cards, staking and other services amid expansion efforts that targeted the project’s transition from meme coin to a top cryptocurrency ecosystem. The mission also includes the highly anticipated, but recently delayed launch of the metaverse blockchain game Valhalla.

Delays to the first quarter of 2025 for Floki’s flagship utility project saw the native token’s price pare gains. However, the project noted the decision stemmed from security audit feedback and is key to ensuring user safety.