As one of the most wholeย lotย of innovations in the cryptocurrencyย market today, Lama is a user-friendly platform allowing cryptocurrency lovers to pay and receive payments in fiat and digitalย currencies easily and instantly.
Established to attract innovative blockchainย tech financial services to the mass market in a way that is easy, uncomplicated, friendly, and trustworthy, the platform offers numerous financial features to save, store, earn, and manage digitalย currencies through one app.
The industry of digitalย currency has been growing inย theย previous decade since its humble beginnings with Bitcoinย (BTC) in 2009. To date, the innovation industry has grown with thousands of different digital assets ranging from cryptoย altcoins, cryptoย stablecoins, and utility cryptoย tokens to NFTs.
There has been a wholeย lotย of boostย in the adoption of digitalย currency, and people are using it for everything.
More corporations are accepting digitalย currencies as payment. More individuals are using digital assets for peer-to-peer transactions. Similarly, investors are seeking exposure to the cryptocurrency market.
Withoutย aย doubt, digitalย currency has numerous advantages. It is quicker, safer, and more transparent rather than traditional fiat currencies. This likewise makes digitalย currency superior to fiat currency in numerous ways.
Lama helps you leverage all these advantages in your daily life.
What Is Lama All About?
Lama makes the cryptocurrency world work just about anywhere in the real economy.
There are numerous services for customers and enterprises, including cryptocurrency wallets, and Euro accounts, likewise as a real-time exchange feature available on the platform for instant conversion of cryptocurrency and traditional currencies.
You can open a Lama account with cryptocurrency wallets and IBANs. Lama accounts provide wallets for Bitcoinย (BTC) and other digitalย currencies along with Euros and GBP.
The decline in value of the digitalย currency market worldwide in the spring of 2022 impacted digitalย currency growth worldwide and led to the loss of investor enthusiasm and negative investment price movement, but Europe with the national regulations did not face severe consequences.
Asย ofย now, governments and regulatoryย authorities are still working out ways to govern the uses of digitalย currency toย guard consumers and enterprises from fraudulent activity.
Similarly, numerous preventative measures are implemented to fight illicit cryptocurrency uses. It likewise leads to a growing change as platforms seek legitimacy, governments seek regulation, and the two parties are working together to reach a mutual goal.
As Safety and Regulatory Compliance takes priority at Lama, the platform is PCI DSS compliant, ISO 27001 certified, and has been audited.
Additionally, 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 digitalย currency services.
The Lama App
Fintech has created wholeย lotย of value in the last 10 years with better products and services for connecting worldwide finance and supplying more opportunities for the average user.
Cryptocurrency exchanges have added wholeย lotย of value likewise, innovating and introducing more products and services, and explainingย the world to decentralization.
These two areas merging together will leverage the best of both and create new products and services that neither alone could provide.
Lama has partnered with Visa toย beย ableย toย assist develop a new way for Visa customers to buy and sell, and even to create a mass market experience.
Lama is where cryptocurrency and fiat meet in one app. It offers traditional currencies and cryptocurrency wallets with debit cards available for users to pay, receive, and hold in traditional currencies and cryptocurrency. On the other hand, you can likewise trace real-time, key financial market information through the Lama app.
Furthermore, this likewise helps to cut down on payment processing costs and expand business opportunities.
Corporations can open cryptocurrency accounts, accept payments from clients, pay employees in cryptocurrency, and invest cryptocurrency in secured plans. Significantly, the platform offers to all cryptocurrency corporations that are not able to open a bank account, theย potential to open a Lama account and have fiat accounts.
With the purpose of supplying a very easy way for everyone to trade and follow the Non-Fungibleย Tokenย (NFT) market, the Lama application will provide an Non-Fungibleย Tokenย (NFT) marketplace in Q3/Q4 2023, which will allow users to follow the Non-Fungibleย Tokenย (NFT) collection, receive and transfer Non-Fungibleย Tokenย (NFTs) to and from their Lama account, and buy/sell NFTโs.
Thisย enables those who are newbies into the cryptocurrency space or not blockchainย tech specialists are able to trade Non-Fungibleย Tokenย (NFT) as well.
Alongย with virtual and physical Lama Visa cards for users to spend cryptocurrency in any physical shop or online, you are likewise able to get interested paid in your Lama cryptocurrency earn account via Cryptocurrency earn account.
Lama likewise has more opportunities to explore so you can grow your cryptocurrency fund balances through a range of exciting cryptocurrency financing products, including those in the Metaverseย network with Cryptocurrency financing accounts, and obtain an instant cash loan against your cryptocurrency with Cryptocurrency Loan function.
The Lamas NFTs
Theย group has developed a series of artsy Lama collectibles, each one in the form of a unique Lama Non-Fungibleย Tokenย (NFT) for users to buy, sell, and hold their Lama NFTโs inside or outside of the Lama app.
The Lama Non-Fungibleย Tokenย (NFT) Vault is planned to be launched in the summer of 2023 that is built to solve theย issue of Non-Fungibleย Tokenย (NFT) storage for mass market people. You may know that hot and cold wallets are asย ofย now the primary means for storing and exchanging digitalย currencies or other digital assets.
Althoughย while hot wallets are internet-enabled and online, cold wallets are offline. Because itโs less possible to hack so that it is less vulnerable to loss of digital assets, a cold wallet offers more security benefits.
This likewise describes why cold wallets have gained rapid adoption after the implosion of a large centralized cryptocurrency exchange that collapsed in November 2022 that left numerous usersโ digital assets frozen or gone. Several of the top cryptocurrency platforms recognize this and have worked together with cold wallet corporations to provide a seamless solution for users.
Lama has partnered with Ledge toย sustain security using cold storage using a Ledger Vault, making theย procedure of getting Non-Fungibleย Tokenย (NFTs) on a Lama Non-Fungibleย Tokenย (NFT) vault address user-friendly. Non-Fungibleย Tokenย (NFTs) will be automatically and completely transparently retrieved from cold storage using the platformโs cold storage key when you request.
The Lamaland Metaverse
Wasย known Lamaland, the Lamaland Metaverseย network 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, cryptocurrency and fiat, in one app.
It was designed and built for the mass market by removing all unnecessary crypto-related features, easing access to cryptocurrency, and offering a simplified user journey to cryptocurrencies and fiat.
The fact that Lama is regulated by fiat impliesย that its compliance and safety procedures meet high standards.
Lama accepts fiat deposits and withdrawals IN and OUT of major exchanges such as Binanceย Cryptoย exchange, Kraken, and more.
With these tools, a user can use Lama fiat services with these exchanges. It is important as numerous users have trouble making fiat deposits and withdrawals with their exchange accounts.
Conclusion
Lama is the only platform to offer access to both Fiat and Digitalย currencies in one app, while at the same time being regulated and offering Visa cards.
Lama not only strives to offer a product that users can rely on, but it likewise offers the user experience built around the idea of giving access to cryptocurrency for all.
As digitalย currency hasย evolved a more wholeย lotย of factor in the worldwide financing landscape, Lama mayย be one of your most trusted and easy-to-use solutions for cryptocurrency investments!
