About Gift Cards
Gift Card is a feature in FLOQ that allows users to send gifts in the form of IDR or crypto assets to other users as a Gift Card. Gift Cards can be sent using the recipient's email address, making them suitable for giving gifts to family, friends, and colleagues.
After a Gift Card has been successfully created, the recipient can Claim and Redeem it through the Gift Hub menu in the FLOQ app. After the redeem process is successful, the Gift Card will be deposited directly into the recipient's wallet according to the type of asset sent.
Supported Assets
Currently, Gift Cards support the following assets:
BTC (Bitcoin)
ETH (Ethereum)
SOL (Solana)
USDT (Tether)
HYPE
XRP
BNB
USDC
RLUSD
Note: Asset availability may change at any time in accordance with FLOQ's policies.
Who Can Receive a Gift Card?
Gift Cards can be sent to a valid email address, including recipients who do not yet have a FLOQ account.
However, to claim a Gift Card, the recipient must meet the following requirements:
Have a FLOQ account or register first.
Have completed identity verification (KYC).
Gift Card Creation Fee
A fee is charged for each Gift Card created. The fee amount depends on the selected asset and will be displayed before you confirm the creation of the Gift Card.
| Asset | Fee |
| BTC | 0.0000015 |
| ETH | 0.00005 |
| SOL | 0.0015 |
| USDT | 0.15 |
| HYPE | 0.0015 |
| XRP | 0.085 |
| BNB | 0.00015 |
| USDC | 0.15 |
| RLUSD | 0.15 |
Gift Card Validity Period
Each Gift Card has an expiration date determined when it is created.
Users can set the Gift Card validity period for up to a maximum of 6 months from the creation date. After the expiration date has passed, the Gift Card cannot be claimed.
How to Create a Gift Card
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Note
- Only Gift Cards with the status Received can be canceled.
- The expiration date must not have passed.
- After the Gift Card is canceled, the Gift Card amount will automatically be returned to the sender's wallet.
- The Gift Card creation fee is non-refundable.
- A canceled Gift Card cannot be claimed by the recipient.
- The history of canceled Gift Cards can still be viewed.
Gift Card Status
| Status | Description |
|---|---|
| Received | The Gift Card has been received by the recipient but has not yet been claimed. |
| Canceled | The Gift Card was canceled by the sender before being claimed by the recipient. |
| Claimed | The Gift Card has been successfully claimed by the recipient. |
| Expired | The Gift Card was not claimed before the validity period ended. |
How to Claim and Redeem a Gift Card
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Note
- Have a verified FLOQ account (KYC).
- Each Gift Card can be claimed only once by the intended recipient.
- Make sure to use the FLOQ account registered as the Gift Card recipient.
- After the redeem is successful, the gift will automatically be deposited into the wallet according to the Gift Card asset type.
How to Cancel a Gift Card on FLOQ
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Note
- Only Gift Cards with the Received status can be canceled.
- The expiration date must not have passed.
- After the Gift Card is canceled, the Gift Card amount will automatically be returned to the sender's wallet.
- The Gift Card creation fee is non-refundable.
- A canceled Gift Card cannot be claimed by the recipient.
- The history of canceled Gift Cards can still be viewed.
Gift Card Status
| Status | Description |
|---|---|
| Received | The Gift Card has been received by the recipient but has not yet been claimed. |
| Canceled | The Gift Card was canceled by the sender before being claimed by the recipient. |
| Claimed | The Gift Card has been successfully claimed by the recipient. |
| Expired | The Gift Card was not claimed before the validity period ended. |
Gift Card FAQ
Q: What happens if a Gift Card is canceled?
A: The Gift Card amount will be returned to the sender's wallet. However, the Gift Card creation fee will not be refunded, and the Gift Card cannot be claimed by the recipient.
Q: What happens if a Gift Card expires?
A: If the Gift Card has not been claimed by the end of its validity period, the Gift Card amount will automatically be returned to the sender's wallet. The Gift Card creation fee will not be refunded.
Q: Is the Gift Card creation fee refundable?
A: No. The Gift Card creation fee is non-refundable, whether the Gift Card is canceled or expires.
Q: Will I receive an email when the Gift Card is successfully created?
A: Yes. The sender and recipient will receive an email after the Gift Card has been successfully created.
Q: Will the recipient receive an email if the Gift Card is canceled?
A: Yes. The recipient will receive an email if the Gift Card intended for them has been canceled by the sender.