Looking to spend your crypto like cash?
The Ledger Card (CL) might just be what you’re looking for. Designed for everyday use, this card connects directly to your Ledger wallet through the Ledger Live app, giving you a fast, secure, and seamless way to make payments using your crypto holdings — all while keeping full control over your assets.
What Is the Ledger Card?
The Ledger Card works like a traditional debit card, but instead of drawing from a fiat balance, it uses your crypto assets. Integrated with Ledger Live, the card lets you make purchases at over 90 million merchants worldwide — both in-store and online — that accept card payments.
Ledger, the well-known French company behind the popular hardware wallets, brings its security-first approach to the CL card. Although the card is powered by Ledger, it’s issued in partnership with Baanx and currently available only to residents of the European Union and the UK.
You don’t need to own a Ledger hardware wallet to use the card, but pairing it with one (like the Nano S Plus or Nano X) offers a more secure experience. It also streamlines transfers between your wallet and the card through the Ledger Live app.
Our Verdict on the Ledger Card
Overall, we’re impressed with the Ledger Card — especially for those already familiar with crypto. It removes the hassle of manual conversions and lets you use your crypto for daily purchases in a fast and intuitive way.
We love that users can choose which crypto to spend for each transaction or even use their crypto as collateral instead of selling it. This gives more flexibility in managing both everyday spending and long-term holdings.
The Ledger Card also stands out for its reliability. Built by a brand known for its high-security wallets, it ensures strong fund protection while offering modern features like compatibility with Apple Pay and Google Pay.
Key Benefits of the Ledger Card
Here’s what makes the Ledger Card more than just a payment tool:
- 💱 Instant Crypto-to-Fiat Conversion: When you pay with crypto, it’s automatically converted to euros at the time of purchase. No manual steps required.
- 🪙 Supports Major Cryptos: Compatible with Bitcoin (BTC), Ethereum (ETH), USDC, Binance Coin (BNB), Litecoin (LTC), and more.
- 💶 Fiat Support: You can also load euros directly onto the card and use it like a regular debit card.
- 🛡️ Collateralized Spending: You don’t have to sell your crypto to access liquidity. Ledger offers two unique lending solutions — Cryptodraft and Stableloan — where your assets serve as collateral.
Let’s take a closer look at these features:
Cryptodraft
This is a flexible credit line that lets you borrow up to 60% of the value of your deposited crypto (BTC or ETH). The first 10% comes with zero interest, and a 1% monthly interest applies to the remaining 50%. You can repay anytime, in part or full, with no minimum amount required. Maximum deposit limits are 2.5 BTC or 32 ETH per transaction.
Stableloan
Prefer a fixed-term loan? Stableloan lets you borrow in stablecoins (USDT, USDC, or EURT) for 3, 6, 12, or 24 months. Your crypto is held as collateral and returned once you repay the loan and interest. If crypto prices drop significantly, you may be asked to add more collateral. Multiple loans can be active at once, and early repayment is always an option.
Seamless Integration with Ledger Live
Ledger Live remains at the heart of the ecosystem. It allows quick transfers between your hardware wallet and the card, real-time transaction tracking, and full customization of how your funds are used — all within a clean, user-friendly interface.
Crypto Cashback Rewards
Who doesn’t love rewards? The Ledger Card offers up to 2% cashback in crypto, depending on your chosen reward token:
1% back in BTC or USDT
2% back in BXX (Baanx’s native token)
Cashback is calculated monthly based on your spending and paid out directly to your crypto account.
In short, the Ledger Card merges the power of crypto with the convenience of traditional banking — all while keeping your funds within the secure Ledger environment.
Ledger Card Fees: What Does It Cost?
It’s important to understand the fee structure before getting started. The Ledger Card is designed to be affordable and transparent, with no hidden charges.
| Fee Type | Cost |
|---|---|
| Card issuance | Free |
| Monthly maintenance | €0 |
| Crypto-to-fiat conversion | 2% |
| ATM withdrawals | Free |
| Card replacement (if lost) | €10 |
There are no recurring fees — you only pay when you use the card. Even international payments come with minimal fees, making it a low-commitment option for anyone curious about crypto payments.
Frequently Asked Questions
✅ Do I need a Ledger wallet to use the Ledger Card?
No, it’s not required. But for the best security and integration with Ledger Live, it’s highly recommended to pair the card with a Ledger hardware wallet.
✅ Can I use my crypto without selling it?
Yes! With the Cryptodraft and Stableloan options, you can spend or borrow against your crypto without selling it outright. It’s a great way to maintain your holdings while gaining access to spending money.
✅ Which cryptocurrencies are supported?
The Ledger Card currently supports major coins like BTC, ETH, USDC, BNB, and LTC. Ledger may add more assets over time.
✅ Are my funds accessible anytime?
Absolutely. Through the Ledger Live app, you can manage balances, set spending preferences, and move funds freely — all while maintaining full control.
✅ Can I use the card outside the EU?
Yes. The Ledger Card works globally anywhere Visa is accepted. Just note that currency conversion fees may apply outside the Eurozone.
✅ Am I still the owner of my crypto once I load it to the card?
Not exactly. Once you transfer funds from your Ledger wallet to the CL account, those assets are under the custody of the card provider. You retain full ownership only while the crypto remains in your Ledger wallet (where your private keys are stored).