Disclosures

Florin is not yet available

Florin is in development. The site describes how it is designed to work; features, limits and terms may change before it opens, and any product offered will come with its own terms.

Nothing on the site is an offer or solicitation of credit, a card, or any other financial product, and nothing on it is financial, investment, tax or legal advice.

Borrowing against ETH has risks

A line drawn against ETH is a loan secured by the ETH you hold. The price of ETH can fall quickly. As the site describes, if it falls far enough, some of the ETH held as collateral can be sold to cover the line, and you can lose some or all of it.

The figures on the site (a line of up to half of what your ETH is worth, and the ratios at which spending pauses, the app warns and selling starts) describe the design and may change.

Selling or swapping crypto assets can have tax consequences. Ask a professional about yours.

Illustrations

The card, the app screens, the account numbers and the balances shown on the site are illustrations, not real accounts.

The card network

Visa is a trademark of Visa International Service Association. If Florin launches a card, its issuer and its terms will be stated then.