• Lama is a regulated crypto exchange platform that provides users with the ability to seamlessly connect traditional banking systems with the blockchain ecosystem.
• It allows users to deposit and withdraw fiat currencies (EUR/GBP) from major exchanges like Binance, Kraken, and Coinbase.
• The app offers a quick and easy way to connect their Lama virtual and physical cards to Apple Pay for easier purchases in physical or online shops.
Lama: A Simple and Trusted European Crypto Exchange
As DeFi gains momentum, the emergence of crypto neo-banks has played a significant role in bridging the gap between traditional payment methods and cryptocurrencies. Lama is one such platform that enables smooth crypto-to-fiat transactions.
What Makes Lama Unique?
Lama stands out by allowing individuals and businesses to open an account within minutes, providing them with quick on-ramp and off-ramp for fiat and crypto transactions. Moreover, its easy-to-use app allows users to buy and sell crypto with fiat, earn cashback and rewards, manage their cards, accounts from one place.
Depositing & Withdrawing Fiat Currencies
The platform accepts FIAT deposits and withdrawals from major exchanges like Binance, Kraken, Coinbase enabling seamless transactions for users who may lack extensive knowledge about blockchain transactions.
Apple Pay Integration
The app also offers a quick way to connect their Lama virtual/physical cards with Apple Pay so that they can spend cryptocurrencies in any physical or online store.
Conclusion
With services like Lama offering an easy integration between conventional payment methods and cryptocurrencies, it will help accelerate their adoption in everyday life as well as bring more people into the world of digital currencies.