By Michael Scott
Floki has partnered with Binance to launch a new payment option. The online retail store will be launched on January 19, and Binance Pay will be the primary payment method for crypto-related transactions.
Merchandise Stores Embrace Crypto Currency
Floki is known as the “peoples’ crypto asset” due to its distinctive multi-chain feature. Also, FLOKI INU is a meme coin-inspired token integrated into the Binance Smart Chain (BSC)and Ethereum blockchain.
On January 17, Floki management updated the Twitter community on its plan to partner with the leading crypto exchange Binance. The tweet revealed that the acclaimed partnership aims at introducing the Binance Pay option to the new Floki merchandise store.
According to the tweet, Shop Floki is expected to go live on January 19. On the same day, the consumers will make crypto payments using Binance Pay from 8 PM (UTC).
Moreover, the token store desired payment method operates within the Binance ecosystem, which allows the crypto user to make crypto payments using the Binance application at an affordable fee. Binance Pay is the most trusted brand globally in executing crypto transactions due to its contactless payment option that is secure, simple, and transparent.
Binance Partnership with Floki
The Binance Pay and Floki partnership will promote the retail store products to global crypto users.
In the quest to achieve the desired impression, the two partners’ formulated well-structured promotional and merchandise adoption strategies at the initial stage of the partnership agreement. The results of the said agreement will position the merchandise store at a pinnacle point to blossom.
Following Floki’s announcement, the partnership would launch a clever marketing campaign for Shop Floki, which specializes in the fashion industry. The newly launched retail store will be featured on the Binance Pay Homepage for four weeks after launch day. Binance Pay will also inform its global user about the partnership and products offered by the merchandise outlet.
The exceptional promotion effort by Binance Pay will create more value for Floki. The partnership is set to leverage Binance’s massive brand awareness for Floki to penetrate the retail industry more effortlessly.
Editorial credit: Primakov / Shutterstock.com
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