CL Card: Ledger's proven security in a modern card for your crypto assets

CL Card Powered by Ledger is a cryptocurrency card developed by Ledger in collaboration with Baanx, which integrates into the Ledger ecosystem to ensure precise and convenient use of digital assets in everyday life.

Features and benefits

• Integration with Ledger Live: users can manage their crypto assets and make transactions directly through the Ledger Live app, ensuring fast and secure transfers between the Ledger wallet and CL Card.
• Support for multiple cryptocurrencies: the card supports various cryptocurrencies, including BTC, ETH, USDT, EURT, USDC, XRP, BXX, BCH and LTC, giving users flexibility in choosing assets for spending.
• Cashback: CL Card offers up to 2% cashback on every purchase, depending on the selected cryptocurrency for rewards: 1% for BTC and USDT, 2% for BXX.
• Global usage: the card allows payments in over 90 million points of sale and online stores worldwide where Mastercard is accepted.

What do a new pair of shoes, a cup of coffee, and the latest kitchen gadgets have in common? All of these items can be purchased with cryptocurrency using the CL Card provided by @BaanxGroup! With over 90 million merchants worldwide, it’s a great way to make everyday purchases — and even do your holiday shopping!

Ledger

on the X network

Fees and limits

Before using CL Card, it is important to familiarize yourself with the fees and limits to effectively plan your expenses and avoid unexpected charges.

Fees

• Cryptocurrency to fiat conversion: 1.75% fee per transaction.
• ATM withdrawals: 3 EUR per withdrawal plus 1.5% of the amount (2.5 EUR in the UK).
• Cashback:
  • 1% in Bitcoin (BTC) or Tether (USDT).
  • 2% in Baanx token (BXX).

Limits

• Maximum number of connected crypto wallets: up to 5.
• Spending limits: depend on the user’s verification level.

Understanding these fees and limits will help you use CL Card as efficiently as possible in everyday life.

How to apply for and get CL Card Powered by Ledger?

To apply for and receive CL Card, you need to follow these steps:

1. Make sure the card is available in your region. At the time of publication, CL Card is available for residents of the European Economic Area (EEA) and the United Kingdom. Availability can be checked on the official Ledger website.
2. Purchase the card. Go to the CL Card page in Ledger Live or on the official Ledger website. Click the “Order Your Card” button. Pay the issuance fee.
3. Create a Baanx account. CL Card works through the Baanx financial platform, so you need to download the Baanx app (available in the App Store and Google Play). Complete registration by providing personal details.
4. Complete verification (KYC). Provide the necessary documents to confirm your identity (passport or ID card). Wait for the account confirmation (usually takes a few minutes or hours).
5. Receive a physical or virtual card. The virtual card is available immediately after approval. The physical card will be mailed (delivery time depends on the country).
6. Activate the card. After receiving the physical card, you need to activate it through the Baanx app. Add the card to Apple Pay or Google Pay (optional).
7. Top up the balance and start using. Transfer cryptocurrency to the card balance via Ledger Live. Spend cryptocurrency on purchases at merchants that support Mastercard.

Getting the CL Card takes minimal time and allows you to easily use cryptocurrency for everyday expenses.

Drawbacks

• Management through the Baanx app: card management is done exclusively through the Baanx app, which may be inconvenient for users accustomed to other platforms.
• Complex fee structure: there is a complex system of service and conversion fees, which may complicate the understanding of expenses when using the card.

CL Card Powered by Ledger is an attractive product for users who want to integrate cryptocurrencies into their everyday life, but potential users should take into account the possible drawbacks and specifics of using the card.

Video reviews of CL Card Powered by Ledger