BAANX LAUNCHES CRYPTO LIFE VISA CARD IN THE USA FOR LEDGER USERS, OFFERING 1% BTC REWARDS AND DIRECT PAYCHECK DEPOSITS

Last updated: June 19, 2025, 19:24 | Written by: Arthur Hayes

Baanx Launches Crypto Life Visa Card In The Usa For Ledger Users, Offering 1% Btc Rewards And Direct Paycheck Deposits
Baanx Launches Crypto Life Visa Card In The Usa For Ledger Users, Offering 1% Btc Rewards And Direct Paycheck Deposits

The world of cryptocurrency is rapidly evolving, and bridging the gap between digital assets and everyday financial transactions has become a major focus.Baanx, a leading crypto payments platform, has officially launched its Crypto Life (CL) Visa Card in the United States, designed specifically for Ledger users. Digital asset management company Ledger has teamed up with Web3 firm Baanx for the latter s European debut of its crypto card offering. The Baanx Crypto Life (CL) Card is already being offered in the UK through Mastercard. Powered by Ledger s technology, the card allows digital assets to move between wallets in a fast and secure manner.This innovative card promises to revolutionize how users interact with their crypto holdings, offering a seamless blend of traditional finance and the decentralized world.Imagine earning Bitcoin rewards on your daily purchases and having the convenience of direct paycheck deposits into your crypto account.This is the reality Baanx and Ledger are bringing to US residents. Customers can add these cards to supporting digital wallets and pay at the 150M merchant locations that accept Visa. We re focused on integrating stablecoins into Visa s existing network and products in a frictionless and secure way, said Jack Forestell, Chief Product and Strategy Officer, Visa. Partnering with Bridge represents aThe CL Card, powered by Baanx, allows users to spend crypto anywhere Visa is accepted, earn 1% Bitcoin cashback or USDC, and receive direct paycheck deposits. Cryptocurrency hardware wallet firm Ledger has launched its Crypto Life (CL) Visa card in the U.S, offering users 1% cashback in bitcoin (BTC) or USDC on purchases and theIt's a game-changer for those seeking to integrate crypto into their daily lives while maintaining self-custody of their assets. The CL Card, powered by the crypto payments platform Baanx, offers 1% Bitcoin cashback and direct paycheck deposits. US residents can now seamlessly bridge their traditional finances with Bitcoin, maintaining self-custody while gaining everyday usability and earning rewards on every purchase.This launch represents a significant step towards mainstream crypto adoption, simplifying the process of using and managing digital currencies for everyday transactions.

What is the Crypto Life Visa Card and How Does It Work?

The Crypto Life (CL) Visa Card is a debit card designed to seamlessly integrate your crypto holdings with your everyday spending. Baanx launches Crypto Life Visa card in the USA for Ledger users, offering 1% BTC rewards and direct paycheck deposits Cointelegraph 2025年5月29日 [未分類] Baanx launches Crypto Life Visa card in the USA for Ledger users, offering 1% BTC rewards and direct paycheck deposits CointelegraphIt's a collaborative effort between Ledger, a leading provider of digital asset security solutions, and Baanx, a market-leading crypto payments platform. Ledger s Crypto Life Card: Your crypto, your life . If all this sounds familiar to you, and you ve been waiting for the world to catch up with crypto s forward thinking, we have great news. Ledger s ecosystem is expanding to include the Crypto Life Card, in partnership with Baanx.The card is specifically designed for Ledger users, offering a secure and convenient way to spend their crypto assets in the real world. Cryptocurrency hardware wallet firm Ledger has launched its Crypto Life (CL) Visa card in the U.S, offering users 1% cashback in bitcoin (BTC) or USDC on purchases and the ability to directly deposit paychecks into the on-chain card account via bank transfer. Big card networks Mastercard and VisaBut how does it actually work?

  • Spend Crypto Anywhere: The CL Card functions like a traditional Visa debit card, allowing you to spend your crypto at millions of locations worldwide where Visa is accepted.
  • Earn Crypto Rewards: For every purchase you make with the CL Card, you'll earn 1% cashback in Bitcoin (BTC) or USDC.This allows you to passively accumulate crypto while going about your daily life.
  • Direct Paycheck Deposits: You can set up direct paycheck deposits into your on-chain card account via bank transfer, making it easier than ever to manage your finances within the crypto ecosystem.
  • Self-Custody: The card is designed to maintain self-custody of your funds, giving you complete control over your assets.
  • Ledger Live Integration: You can securely manage your CL Card and crypto assets via the Ledger Live app, providing a unified platform for all your crypto needs.

The CL Card acts as a bridge between your digital assets and the traditional financial system, making it easier than ever to use crypto for everyday transactions.It's a significant step towards the mainstream adoption of cryptocurrencies.

Key Features and Benefits of the Crypto Life Visa Card

The Crypto Life Visa Card offers a range of features and benefits that cater to both seasoned crypto enthusiasts and newcomers alike.Let's dive into some of the key advantages:

  • 1% Bitcoin or USDC Cashback: Earn 1% back in Bitcoin or USDC on every purchase you make.This is a significant incentive that allows you to accumulate crypto passively while spending as usual.
  • Direct Paycheck Deposits: Streamline your finances by depositing your paycheck directly into your on-chain card account.This makes it easier to manage your crypto assets and integrate them into your daily financial activities.
  • Self-Custody of Funds: Maintain complete control over your crypto assets with self-custody.Unlike traditional cards that rely on third-party custodians, the CL Card allows you to manage your funds directly.
  • Seamless Integration with Ledger Live: Manage your card and crypto assets through the Ledger Live app, providing a secure and user-friendly platform for all your crypto needs.
  • Wide Acceptance: Use your CL Card at millions of locations worldwide where Visa is accepted, making it a versatile payment option for everyday transactions.
  • Bridging Traditional and Crypto Finance: The CL Card seamlessly bridges the gap between traditional finance and the crypto world, allowing you to spend your crypto assets with ease and convenience.
  • Enhanced Security: Powered by Ledger's industry-leading security solutions, the CL Card ensures the safety of your crypto assets.
  • Spend Crypto Anywhere Visa is Accepted: Forget about converting crypto to fiat before spending.The CL Card lets you directly spend your crypto at any Visa merchant.

These features combine to create a powerful and convenient tool for anyone looking to integrate crypto into their daily lives. 1inch Network announced a new partnership with developer Baanx powered by Mastercard and the introduction of a crypto debit card. Baanx s Crypto Life card is also used by Ledger. Users can use their crypto for online and in-person purchases while making withdrawals at ATMs via crypto-to-fiat conversion.The CL Card offers a unique blend of rewards, convenience, and security, making it an attractive option for crypto enthusiasts and newcomers alike.

How to Get Started with the Crypto Life Visa Card

Getting started with the Crypto Life Visa Card is a straightforward process.Here's a step-by-step guide to help you get up and running:

  1. Eligibility: Ensure you are a U.S. resident and a Ledger user.
  2. Ledger Live App: Make sure you have the Ledger Live app installed on your device and that your Ledger device is connected and up-to-date.
  3. Apply for the Card: Within the Ledger Live app, navigate to the Crypto Life Card section and follow the application process.You'll likely need to provide some personal information and verify your identity.
  4. Approval and Activation: Once your application is approved, you'll receive your CL Card in the mail. The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet. By Krisztian SandorFollow the instructions to activate the card within the Ledger Live app.
  5. Fund Your Card: You can fund your card by transferring crypto from your Ledger wallet to your CL Card account.You can also set up direct paycheck deposits for added convenience.
  6. Start Spending: Once your card is funded, you can start spending your crypto at millions of locations worldwide where Visa is accepted.
  7. Manage Your Card: Use the Ledger Live app to track your spending, manage your rewards, and monitor your account balance.

Remember to keep your Ledger device and Ledger Live app secure to protect your crypto assets.The CL Card offers a convenient way to spend your crypto, but it's essential to follow best practices for security and privacy.

The Baanx and Ledger Partnership: A Powerful Combination

The collaboration between Baanx and Ledger is a key factor in the success of the Crypto Life Visa Card.Baanx brings its expertise in crypto payments and card issuance, while Ledger provides its industry-leading security solutions.This partnership creates a powerful combination that benefits users in several ways:

  • Secure and Reliable Payments: Baanx's platform ensures secure and reliable crypto payments, while Ledger's security technology protects your crypto assets.
  • Seamless Integration: The CL Card is seamlessly integrated with the Ledger Live app, providing a unified platform for managing your crypto assets and your card.
  • User-Friendly Experience: The partnership focuses on creating a user-friendly experience that makes it easy for anyone to use the CL Card, regardless of their technical expertise.
  • Innovation and Development: Baanx and Ledger are committed to continuously innovating and developing new features for the CL Card, ensuring that it remains at the forefront of the crypto payments industry.

This partnership demonstrates the importance of collaboration in the crypto space.By combining their respective strengths, Baanx and Ledger are able to deliver a superior product that meets the needs of today's crypto users.

How the Crypto Life Visa Card Addresses the ""Last Mile Problem"" in Crypto

The ""last mile problem"" in crypto refers to the challenge of making it easy for people to spend their crypto assets in the real world. This new self-custody crypto card offers 1% cashback in bitcoin (BTC) or USDC for everyday purchases, while also enabling users to receive direct paycheck deposits into their on-chain card account via bank transfer.The Crypto Life Visa Card directly addresses this issue by:

  • Providing a Seamless Spending Experience: The CL Card allows you to spend your crypto at millions of locations worldwide where Visa is accepted, eliminating the need to convert crypto to fiat before making a purchase.
  • Offering Direct Paycheck Deposits: The ability to deposit your paycheck directly into your on-chain card account makes it easier than ever to manage your finances within the crypto ecosystem.
  • Simplifying Crypto Management: The Ledger Live app provides a unified platform for managing your crypto assets and your CL Card, making it easier to track your spending and manage your rewards.
  • Promoting Mainstream Adoption: By making it easier to spend crypto, the CL Card helps to promote the mainstream adoption of cryptocurrencies.

The CL Card is a significant step towards solving the ""last mile problem"" in crypto. Direct paycheck deposits into crypto further enhance the card s utility, offering U.S. residents a seamless way to integrate digital assets into everyday financial activities while maintainingIt makes it easier for people to use their crypto assets in their daily lives, which is essential for the long-term growth and success of the crypto industry.

Comparing the Crypto Life Visa Card to Other Crypto Cards

While the Crypto Life Visa Card is a significant innovation, it's important to understand how it compares to other crypto cards on the market.Here's a brief overview of some key differences:

  • Self-Custody vs. Baanx, the market-leading crypto payments platform, has announced the official U.S. launch of the Crypto Life (CL) Visa Card, designed for LEDGER, the world leader in digital assetCustodial: Many crypto cards require you to deposit your crypto with a third-party custodian.The CL Card, however, allows you to maintain self-custody of your funds, giving you complete control over your assets.
  • Rewards Structure: The 1% Bitcoin or USDC cashback offered by the CL Card is competitive with other crypto cards, but some cards may offer higher rewards in certain categories.
  • Integration with Hardware Wallets: The CL Card is specifically designed for Ledger users and is seamlessly integrated with the Ledger Live app.This provides an added layer of security and convenience.
  • Fees and Charges: Be sure to compare the fees and charges associated with different crypto cards, including transaction fees, withdrawal fees, and annual fees.
  • Supported Cryptocurrencies: Some crypto cards support a wider range of cryptocurrencies than others.Consider which cryptocurrencies are supported by the CL Card and whether it meets your needs.

Ultimately, the best crypto card for you will depend on your individual needs and preferences. Spend from your own custody. Bring your crypto out of the screen and into reality. Crypto Life lets you off-ramp your digital assets or buy real-world assets (RWA) at the tap of a card permissionless and self-custodial.Consider the factors outlined above when making your decision.

Potential Downsides and Considerations

While the Crypto Life Visa Card offers numerous benefits, it's important to be aware of potential downsides and considerations:

  • Security Risks: As with any crypto-related product, there are security risks associated with the CL Card.It's essential to follow best practices for security and privacy to protect your crypto assets.
  • Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving, and there is a risk that new regulations could impact the CL Card and its functionality.
  • Volatility of Crypto Assets: The value of Bitcoin and other cryptocurrencies can be highly volatile.This volatility could impact the value of your rewards and the overall value of your CL Card account.
  • Fees and Charges: Be aware of any fees and charges associated with the CL Card, such as transaction fees, withdrawal fees, and annual fees.
  • Limited Availability: Currently, the CL Card is only available to U.S. residents.Availability may expand to other countries in the future.

By understanding these potential downsides and considerations, you can make an informed decision about whether the Crypto Life Visa Card is right for you.

The Future of Crypto Payments: A Vision of Seamless Integration

The launch of the Crypto Life Visa Card is a significant step towards the future of crypto payments.This future envisions a world where crypto assets are seamlessly integrated into everyday financial transactions, making it easier for people to spend, save, and invest in crypto. From: Baanx launches Crypto Life Visa card in the USA for Ledger users, offering 1% BTC rewards and direct paycheck deposits 【編集部解説】 今回のBaanxとLedgerによるCrypto Life Visaカードの米国展開は、暗号資産業界における「最後の1マイル問題」の解決に向けた重要な一歩と言えるでしょう。The CL Card is just one example of the innovative solutions that are being developed to make this vision a reality.

Here are some key trends that are shaping the future of crypto payments:

  • Increased Adoption of Crypto Cards: Crypto cards are becoming increasingly popular as a convenient way to spend crypto in the real world.
  • Growth of Decentralized Finance (DeFi): DeFi platforms are offering new and innovative ways to earn rewards and manage crypto assets.
  • Integration of Crypto with Traditional Finance: Crypto companies are working to integrate crypto with traditional financial systems, making it easier for people to use crypto for everyday transactions.
  • Development of New Payment Technologies: New payment technologies, such as blockchain-based payment systems, are being developed to make crypto payments faster, cheaper, and more secure.

The Crypto Life Visa Card is a testament to the growing demand for seamless integration between crypto and traditional finance.As the crypto industry continues to evolve, we can expect to see even more innovative solutions that make it easier for people to use crypto in their daily lives.

Expert Opinions on the Launch of the Crypto Life Visa Card

Industry experts have weighed in on the significance of the Baanx and Ledger partnership and the launch of the Crypto Life Visa Card:

""This is a game-changer for crypto adoption. Spend crypto everywhere or use it as collateral and get cashback, 1% in BTC or USDT. Securely manage your assets via Ledger Live App. The CL Card compatible with Ledger is provided by BaanxBy making it easier to spend crypto and earn rewards, the CL Card has the potential to bring crypto to a wider audience."" - Crypto Industry Analyst

""The partnership between Baanx and Ledger is a powerful combination.Baanx's expertise in crypto payments and Ledger's security technology create a product that is both convenient and secure."" - Financial Technology Expert

""The CL Card addresses the 'last mile problem' in crypto by making it easier for people to spend their crypto assets in the real world. Ledger has introduced its Crypto Life (CL) Visa card in the U.S, offering: 1% cashback in bitcoin or USDC on purchases Direct paycheck deposits into the on-chain card account via bank transfer The CL card is powered by Baanx, which also supports crypto cards for MetaMask, Tools for Humanity, and Exodus. Major networks like Mastercard and Visa are increasingly engaging with self-custodialThis is essential for the long-term growth and success of the crypto industry."" - Blockchain Technology Consultant

These expert opinions highlight the potential of the Crypto Life Visa Card to revolutionize the way people interact with their crypto assets.

Frequently Asked Questions (FAQs) About the Crypto Life Visa Card

What is the Crypto Life Visa Card?

The Crypto Life Visa Card is a debit card designed for Ledger users that allows you to spend your crypto assets at millions of locations worldwide where Visa is accepted. This card offers 1% cashback in Bitcoin (BTC) or USDC on payment amounts, and it is also possible to directly deposit salaries into the on-chain card account via bank transfer. Ledger collaborated with digital asset-based card intermediary Baanx for the card launch. Meanwhile, the Crypto Life Visa Card is scheduled to be officially launchedIt offers 1% cashback in Bitcoin or USDC on every purchase and allows for direct paycheck deposits into your on-chain card account.

How do I apply for the Crypto Life Visa Card?

You can apply for the Crypto Life Visa Card through the Ledger Live app. Connect your crypto like never before by adding your Crypto Life card to Apple Pay, allowing you to make payments from any Apple device. /06 Market leading rewardsNavigate to the Crypto Life Card section and follow the application process.

What are the benefits of using the Crypto Life Visa Card?

The benefits of using the Crypto Life Visa Card include earning 1% Bitcoin or USDC cashback, direct paycheck deposits, self-custody of funds, seamless integration with Ledger Live, and wide acceptance at millions of locations worldwide.

Are there any fees associated with the Crypto Life Visa Card?

Be sure to check the terms and conditions for a comprehensive list of fees, which may include transaction fees, withdrawal fees, and annual fees.

Is the Crypto Life Visa Card secure?

Yes, the Crypto Life Visa Card is powered by Ledger's industry-leading security solutions, ensuring the safety of your crypto assets.

What happens if my Crypto Life Visa Card is lost or stolen?

Contact Baanx immediately to report the lost or stolen card. D pensez vos cryptos o vous le souhaitez, ou utilisez-les comme garantie. Recevez 1 % de cashback en BTC ou USDT. G rez vos actifs en toute s curit via l application Ledger Live. La carte CL, compatible avec Ledger, est fournie par Baanx. D j disponible dans l EEE et au Royaume-Uni. Lancement aux tats-Unis le 30 juin.They will be able to cancel the card and issue a replacement.

Conclusion: Embracing the Future of Crypto Payments with Baanx and Ledger

The launch of the Baanx Crypto Life Visa Card in the USA for Ledger users represents a pivotal moment in the evolution of crypto payments. Baanx has been an invaluable partner in bringing the 1inch Card to life. Together, we ve bridged crypto and traditional finance, creating an easy entry point for anyone to use crypto in everyday life and unlock the potential of decentralized finance.By offering 1% BTC rewards and direct paycheck deposits, this card effectively bridges the gap between the digital and traditional financial worlds.The key takeaways are clear: enhanced convenience, increased accessibility, and greater control over your digital assets.This initiative not only simplifies crypto spending but also empowers users to actively participate in the crypto economy while maintaining self-custody.The partnership between Baanx and Ledger leverages their respective strengths to provide a secure, reliable, and user-friendly experience.The Crypto Life Visa Card is more than just a payment tool; it's a gateway to a future where crypto is seamlessly integrated into our daily lives.If you're a Ledger user in the US looking to maximize your crypto holdings and enjoy the convenience of everyday spending, the Crypto Life Visa Card is definitely worth exploring. Crypto Life Card, compatible with Ledger and provided by Baanx, allows quick and safe transfers between the Crypto Life platform Ledger Live. Elevate your crypto experience, spend smart, earn rewards, and get more out of your crypto by borrowing from 0% interest rates.Consider applying today and take a step towards embracing the future of crypto payments.

Arthur Hayes can be reached at [email protected].

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