Ledger unveils crypto-native debit card, adds support for NFTs |
The company announced that it will be launching a crypto-native debit card by the end of this year. The new cards, which are made to work with both Bitcoin and Ethereum wallets, support non-fungible tokens (NFTs) as well
as other cryptos. NFTs have also been integrated into games on the Steam platform via its recent partnership with blockchain game developer Distributed Lab LLC., making them available in more than 20 million consumers’ homes around the world and providing an alternative option for gamers who want their digital items to be represented physically.
The “can i store nft on ledger nano x” is a question that has been asked for a while. Ledger has released their new crypto-native debit card, and now supports NFTs.
During the first day of its Ledger Op3n conference in Paris, hardware crypto wallet maker Ledger revealed a series of announcements, including the forthcoming launch of its brand new crypto-linked debit card and support for non-fungible tokens (NFTs).
The new debit card, dubbed “Crypto Life,” is based on Ledger’s technology and will enable users to spend and receive cryptocurrencies without having to sell or purchase them first.
BREAKING: In collaboration with @BaanxGroup, we’re releasing the Crypto Life card, powered by Ledger. Through your @Ledger wallet, you’ll be able to manage your crypto assets, convert to fiat at the moment of purchase, and more. Here’s how you get on the waiting list: https://t.co/tkRq6oL1gM#LedgerOp3n
December 9, 2021 — Ledger (@Ledger)
The card’s users will be able to watch their portfolios as well as “purchase, trade, access the worlds of Defi and NFTs, and more” via the Ledger Live software (which is also used in Ledger Nano hardware wallets).
“Everyone should have the ability to genuinely control their money, and this new card extends the number of methods to not just receive paid in cryptocurrencies, but also trade with it everywhere,” Ledger CEO Pascal Gauthier said in a statement released today.
The first quarter of 2022 will see the release of “Crypto Life” in the United Kingdom, France, and Germany, while Americans will have to wait until the second quarter. Bitcoin (BTC), Ethereum (ETH), Ripple’s XRP, Baanx (BXX), Bitcoin Cash (BCH), Litecoin (LTC), and stablecoins like USDT, EURT, and USDC will all be supported when the card launches.
On the move NFTs
Another major news is the inclusion of NFT functionality to Ledger wallets, but it is currently in “beta mode.” Users with hardware wallets will be able to browse, transmit, and receive NFTs on Ledger Live starting this month.
To that purpose, Ledger has partnered with NFT marketplace Rarible, with the goal of launching “a distinctive Discover section” in January 2022. According to the business, this connection will enable customers to link their Ledger wallets to Rarible and manage their NFTs from inside Ledger Live.
“Our integration with Ledger, which leverages its state-of-the-art security,” said Alex Salnikov, co-founder and head of product at Rarible, “marks a major milestone in our mission to improve how users interact with their NFTs, and will provide NFT holders with an increased sense of comfort knowing their digital collectibles are safely stored.”
Trading with a single window
Finally, Ledger has announced new collaborations with FTX and Coinbase, two of the most popular cryptocurrency trading platforms in the United States. Ledger customers in 150 countries will be able to trade over 300 digital asset pairings on FTX directly via the Ledger Live application as a consequence of the former.
Users of the Coinbase Wallet browser extension will be able to self-custody their bitcoin using Ledger hardware wallets in the meanwhile.
“We’re excited to share more announcements on how we’re making Coinbase Wallet the safest and most secure way to participate in Web3 over the coming months,” said Max Branzburg, VP product at Coinbase. “We’ll start rolling out support for hardware wallets in the Coinbase Wallet Extension early next year, and we’re excited to share more announcements on how we’re making Coinbase Wallet the safest and most secure way to participate in Web3 over the coming months,” said
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