{"id":378917,"date":"2021-12-09T12:00:00","date_gmt":"2021-12-09T09:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/wallet-provider-ledger-launches-crypto-debit-card\/"},"modified":"2021-12-09T12:00:00","modified_gmt":"2021-12-09T09:00:00","slug":"wallet-provider-ledger-launches-crypto-debit-card","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/wallet-provider-ledger-launches-crypto-debit-card\/","title":{"rendered":"# Wallet provider Ledger launches crypto debit card"},"content":{"rendered":"<p>&#8220;<strong># Wallet provider Ledger launches crypto debit card   <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvYjYxZDc0NjctYzE0My00MjY2LWI2MzAtY2IzMjU1MGM2MzYxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Cryptocurrency wallet and infrastructure provider Ledger has debuted a new debit card that enables users to buy goods and services with their digital assets, potentially opening the door to wider adoption of crypto payment services.\u00a0<\/p>\n<p>The Crypto Life card, also known as \u201cCL,\u201d was introduced at Ledger\u2019s biannual Op3n conference on Thursday. The debit card is linked to Ledger Live, a desktop and mobile <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lication that enables Ledger users to buy, swap and stake cryptocurrencies. The CL card supports several cryptocurrencies, including Bitcoin (BTC), Ether (ETH) and stablecoins USD Coin (USDC) and Tether (USDT).<\/p>\n<p>Cardholders have the option of instantly converting their crypto into fiat for the purpose of spending as well as obtaining a line of credit using their digital assets as collateral. The latter option gives cardholders the ability to use their debit card without having to sell their crypto. Users can also deposit their paychecks and select which percentage of their income they want to convert into BTC and ETH. <\/p>\n<p>The CL card is set for launch in the first quarter of 2022 for users in the United Kingdom, France and Germany followed by a second-quarter rollout in the United States.<\/p>\n<p>Ledger\u2019s foray into the debit card market follows a strategic pivot into the decentralized finance, or DeFi, market. The company, which is known for its Ledger Nano S and Nano X hardware wallets, concluded a $380 million private financing round in June of this year, bringing its total valuation to $1.5 billion. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Building a path to sustainable finance and blockchain adoption starts with payments<\/em><\/strong><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Online electronics retailer <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Newegg?ref_src=twsrc%5Etfw\">@Newegg<\/a> continues diving into crypto payments, officially accepting <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Shibtoken?ref_src=twsrc%5Etfw\">@Shibtoken<\/a> for payments. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/VCxRoYW3yy\">https:\/\/t.co\/VCxRoYW3yy<\/a><\/p>\n<p>\u2014 Cointelegraph (@Cointelegraph) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Cointelegraph\/status\/1466003279477833734?ref_src=twsrc%5Etfw\">December 1, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Payments are a highly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Cointelegraph\/status\/1466003279477833734\">touted<\/a> but underutilized use case of the crypto economy. However, that appears to be slowly changing now that major players such as Mastercard have entered the crypto payments landscape. Meanwhile, crypto payments provider BitPay recently entered into a partnership with browser and wallet extension MetaMask to provide a payment gateway to tens of millions of new users. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/wallet-provider-ledger-launches-crypto-debit-card\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Wallet provider Ledger launches crypto debit card &#8221; Cryptocurrency wallet and infrastructure provider Ledger has debuted a new debit card that enables users to buy goods and services with their digital assets, potentially opening the door to wider adoption of crypto payment services.\u00a0 The Crypto Life card, also known as \u201cCL,\u201d was introduced at&#8230;<\/p>\n","protected":false},"author":1,"featured_media":378918,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvYjYxZDc0NjctYzE0My00MjY2LWI2MzAtY2IzMjU1MGM2MzYxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[76276,75189,74889,117],"class_list":["post-378917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-payments","tag-ledger","tag-payments","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/378917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=378917"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/378917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/378918"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=378917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=378917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=378917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}