Inviting your friends and contacts to open a Lama account will allow you to send and receive cryptocurrency funds instantly between them and, most importantly, for free.
Transactions between Lama users are not sent through the blockchain, therefore will not entail Blockchain fees – and of course also no Lama fees.
Cryptocurrency services are provided by Lama EU, the trading name of LamaTechnology FS UAB, a company registered in Lithuania (Company No. 305833209). LamaTechnology FS UAB is registered as a Virtual Asset Service Provider (VASP) with the Lithuanian Register of Legal Entities.
Cryptocurrency services are supervised under AML/CTF regulations by the Lithuanian Financial Crime Investigation Service (FCIS), but are not regulated by the Bank of Lithuania or any other financial authority in Lithuania. Your e-money account and related payment services are provided by OpenPayd Financial Services Malta Limited, a company authorised and regulated by the Malta Financial Services Authority (MFSA) as a Financial Institution (Company No. C 75580).
Risk Warning: Trading and holding cryptocurrencies involves a high level of risk, including price volatility and potential loss of funds. Cryptocurrency values can fluctuate widely and may drop to zero. These services are not covered by any deposit guarantee scheme. Lama EU does not provide investment advice and does not guarantee the accuracy or completeness of pricing or other related information.