A suite of financial blockchain products
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As one of the most important innovations in the crypto market today, Lama is a user-friendly platform that allows crypto lovers to pay and receive payments in fiat and cryptocurrencies easily and instantly.
Established to bring innovative blockchain financial services to the mass market in a way that is simple, uncomplicated, friendly and reliable, offering various financial functions to store, store, earn and manage digital currencies through one app.
The cryptocurrency industry has grown over the past decade since its humble beginnings with Bitcoin in 2009. To date, the innovation industry has grown with thousands of different digital assets ranging from altcoins, stablecoins and utility tokens to NFTs.
There has been a significant increase in the use of cryptocurrency and people are using it for everything.
Several companies accept cryptocurrencies as payment. More individuals are using digital assets for peer-to-peer transactions. Investors are also seeking exposure to the crypto market.
Without a doubt, cryptocurrency has many advantages. It is faster, safer and more transparent instead of traditional fiat currencies. This also makes cryptocurrency superior to fiat currency in many ways.
Lama helps you utilize all these benefits in your daily life.
What is Lama about?
Lama makes the crypto world work just about anywhere in the real economy.
There are various services for customers and businesses, including crypto wallets and euro accounts, as well as a real-time exchange function available on the platform for instant conversion of cryptocurrencies and traditional currencies.
You can open a Lama account with crypto wallets and IBANs. Lama accounts provide wallets for Bitcoin and other cryptocurrencies along with Euro and GBP.
The decline in the value of the cryptocurrency market worldwide in the spring of 2022 affected cryptocurrency growth worldwide and led to a loss of investor enthusiasm and negative movements in fortunes, but Europe with the national regulations did not face serious consequences.
Currently, governments and regulators are still working on ways to manage the use of cryptocurrency to protect consumers and businesses from fraudulent activity.
Also, many preventive measures have been implemented to combat illegal crypto use. It also leads to an increasing change as platforms seek legitimacy, governments seek regulation, and the two parties work together to achieve a common goal.
As security and regulatory compliance is a priority at Lama, the platform is PCI DSS compliant, ISO 27001 certified and has been audited.
In addition, it is officially an outsourced service provider of a European e-money company and registered by the Register of Legal Entities of Lithuania for the provision of cryptocurrency services.
The llama app
Fintech has created significant value over the past ten years with better products and services to connect global finance and provide more opportunities for the average user.
Crypto exchanges have also added significant value by innovating and introducing more products and services, introducing the world to decentralization.
These two areas merging will harness the best of both and create new products and services that neither could offer alone.
Lama has partnered with Visa to help develop a new way for Visa customers to buy and sell, and even to create a mass market experience.
Lama is where crypto and fiat meet in one app. It offers traditional currencies and crypto wallets with debit cards available for users to pay, receive and hold in traditional currencies and crypto. On the other hand, you can also track key information about the financial markets in real time through the Lama app.
Moreover, this also helps to cut down on payment processing costs and expand business opportunities.
Businesses can open crypto accounts, accept payments from customers, pay employees in crypto and invest crypto in secured plans. Importantly, the platform offers all crypto companies who are unable to open a bank account the possibility to open a Lama account and have fiat accounts.
Aiming to provide a very easy way for everyone to trade and follow the NFT market, the Lama app will offer an NFT marketplace in Q3/Q4 2023, which will allow users to follow the NFT collection, receive and transfer NFTs to and from their Lama account, and buy/sell NFTs.
This allows those who are new to the crypto space or not blockchain specialists to trade NFT as well.
In addition to virtual and physical Lama Visa cards for users to spend crypto in any physical store or online, you can also get paid interest in your Lama crypto earn account via Crypto earn account.
Lama also has more opportunities to explore, allowing you to grow your crypto fund balances through a variety of exciting crypto investment products, including those in Metaverse with Crypto investment accounts, and get an instant cash loan against your crypto with Crypto Loan feature.
Lama’s NFTs
The team has developed a series of artistic Lama collectibles, each in the form of a unique Lama NFT for users to buy, sell and hold their Lama NFTs inside or outside the Lama app.
Lama NFT Vault is scheduled to launch in the summer of 2023 which is built to solve the problem of NFT storage for mass market people. You may know that hot and cold wallets are currently the primary means of storing and exchanging cryptocurrencies or other digital assets.
While hot wallets are internet-enabled and online, cold wallets are offline. Because it is less hackable and therefore less vulnerable to the loss of digital assets, a cold wallet provides additional security benefits.
This also explains why cold wallets have been rapidly adopted following the implosion of a large centralized crypto exchange that collapsed in November 2022, leaving many users’ digital assets frozen or gone. Some of the top crypto platforms recognize this and have partnered with cold wallet companies to offer a seamless solution for users.
Lama has partnered with Ledge to maintain security using cold storage using a Ledger Vault, making the process of getting NFTs on a Lama NFT vault address user-friendly. NFTs will be automatically and completely transparently retrieved from cold storage using the platform’s cold storage key when you request it.
Llamaland Metaverse
Lamaland Metaverse, called Lamaland, is a digital place where Lama users meet and exchange through events.
Why should you use Lama?
It can be seen that what makes Lama unique is the ultimate combination of traditional and modern finance, crypto and fiat, in one app.
It was designed and built for the mass market by removing all unnecessary crypto-related features, easing access to crypto and offering a simplified user journey to crypto and fiat.
The fact that Lama is regulated by fiat means that its compliance and security procedures meet high standards.
Lama accepts fiat deposits and withdrawals IN and OUT of major exchanges such as Binance, Kraken and more.
With these tools, a user can use Lama fiat services with these exchanges. It is important since many users have problems making fiat deposits and withdrawals with their currency accounts.
Conclusion
Lama is the only platform that offers access to both Fiat and Cryptocurrencies in one app, while being regulated and offering Visa cards.
Lama not only strives to offer a product that users can trust, but it also offers the user experience built around the idea of providing access to crypto for everyone.
As cryptocurrency has become a more important factor in the global investment landscape, Lama can be one of your most reliable and user-friendly crypto investment solutions!
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