Danish Bitcoin Exchange CCEDK is rolling out its own Bitcoin debit card in collaboration with forex platform Bit-x.
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Dubbed NanoCard, the new offering will help strictly store the funds as Bitcoin or USD.
It will also enable the card users to store their money as BitShares, which would be pegged to the value of the dollar or other major currencies including Euro and Yen.
CCEDK CEO Ronnie Boesing remarked: "A new generation of 2.0 coins is being used to address the volatility issue.
"BitShares’ SmartCoins will be available as funding options for the NanoCard in the coming months, meaning that customer balances can be safely stored as crypto coins pegged to USD, EUR, CNY or even gold and silver, and converted only at the time of use."
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By GlobalDataLabelling the new card as a killer app for Bitcoin, Boesing said: "Bit-x, CCEDK, Cryptonomex, BitShares: each provides a part of the puzzle and the result is bitcoin’s killer app."
Boesing added: "We have combined the strengths of digital currencies pioneered by bitcoin with the universal acceptance of major credit cards. It’s the combination of technologies that makes the NanoCard so powerful.
"We are extremely proud to have partnered with Bit-x after just a year in business. The result is perhaps the world’s first true crypto-debit card."
Meanwhile, CCEDK is also joining forces with Cryptonomex to offer new security measures to protect funds and trading.
