Binance announced its strategic partnership with Floki Inu. 

The integration is expected to enhance the token’s utility through Binance Pay.

Floki Inu (FLOKI), the fourth largest memecoin by market capitalization, has announced its strategic partnership with the world’s largest crypto exchange, Binance. The collaboration aims to boost the adoption of the memecoin Floki Inu through a strategic marketing campaign with Binance Pay.

On June 1st, the crypto exchange Binance announced its strategic partnership with Floki Inu. This integration allows users to earn rewards and cashback by purchasing goods worth at least $1 using FLOKI through Binance Pay from any eligible Binance Marketplace merchants. 

Binance Pay to Support Floki Inu

According to the announcement, Binance Pay will support the memecoin FLOKI in June. With this integration, users can earn up to 50% discounts on Binance Marketplace. Moreover, the listed qualified partner merchants are Byte Topup, Tokenstore, Alpha Digital Shop, and Screx. Users will qualify to receive the 57,000 FLOKI token voucher for the purchase.

The rewards are limited and will be distributed to the first 5,000 merchant users. Moreover, this integration is expected to enhance the token’s utility through Binance Pay. And also to provide more exposure to the memecoin. 

Recently, the memecoin FLOKI has partnered with the e-commerce platform Ali Express. Following that, the integration with the crypto exchange Binance adds more exposure to the FLOKI. With the continued integration, FLOKI is joining the memecoin battle in the crypto market and attracting more investors. 

The news of the partnership with Binance Pay reflected in the trading price of the memecoin. At the time of writing, the trading price of Floki Inu is around $0.00003173, with an increase of over 3.31% in the last 24 hours. The trading volume of the FLOKI has also witnessed a surge of 3.36%, according to CoinMarketCap.

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Filed under: Bitcoin - @ June 1, 2023 6:17 pm