To complete this change, kindly reach out to our support team via a live interactive channel (Chat or Whatsapp). This will allow us to secure a verification code in real time to update your account information.
Follow these simple steps to change your PIN:
Your PIN has been updated. Please make sure not to forget your new PIN since it will be required to complete many actions in the App.
To get your residential address updated, follow these steps:
If you have not done the account verification yet, submit your verification with the desired address.
If your account has already been verified, kindly reach out to our support team. Remember to include the full name, email address and phone number associated with your Lama account as well as the new address you would like to associate with your Lama account.
Please note that our Compliance team might request additional information once the residential address has been updated (for instance, proof of address in the form of Utility bill that matches your new address).
Please kindly reach out to our support team who can reset your PIN. Once your PIN is reset, you will be logged out of your Lama account. The phone number associated with your Lama account will receive a temporary code to log in to your Lama account and to set up your new PIN. Please make sure not to forget your new PIN since it will be required to complete many actions in the App.
We are sorry to hear that you are thinking about leaving Lama.
To delete your account, please kindly reach out to our support team. They will escalate your request to have it completed. Remember to include the full name, email address and phone number associated with your Lama account.
Once your account has been deleted, your credentials will be removed from the system, and you will not be able to retrieve any of your information nor log in again. You will need to withdraw all your funds in all currencies – for instance in euros and cryptocurrencies – before your account is finally closed. Keep in mind, we are required by law to keep your data for five years, for regulatory compliance.
Lama currently offers 4 different Account plans:
Yes, you can certainly upgrade your Lama Account plan, to do so follow these simple steps:
Yes, you can certainly downgrade your Lama Account plan, nevertheless since it is a subscription plan, the change will not take effect until the following month. To complete the change, follow these simple steps:
Note: By completing a downgrade in your Lama Account plan, you will experience the applicable benefits lost depending on the current plan in your account and the newly selected plan. Here is a list of the plan differences:
Cryptocurrency services are provided by Lama EU, the trading name of LamaTechnology FS UAB, a company registered in Lithuania (Company Registration Number: 305833209). LamaTechnology FS UAB is registered as a Virtual Asset Service Provider (VASP) with the Lithuanian Register of Legal Entities for cryptocurrency services. These services are supervised by the Lithuanian Financial Crime Investigation Service (FCIS) under anti-money laundering and counter-terrorist financing (AML/CTF) regulations but are not regulated by the Bank of Lithuania. Your e-money account and related payment services are provided by OpenPayd Financial Services Malta Limited (Company Number: C 75580), which is authorised and regulated by the Malta Financial Services Authority (MFSA) as a Financial Institution.
Trading and holding digital currencies involve a high level of risk, including price volatility and potential loss of funds. Cryptocurrency values can be highly volatile and may drop to zero, and past performance is not indicative of future results. These services are not covered by deposit insurance schemes, and Lama EU does not provide investment advice or financial recommendations. Additionally, Lama EU does not guarantee the timeliness, accuracy, or completeness of any information, including pricing and exchange rates. While cryptocurrency services remain subject to AML/CTF supervision by the Lithuanian FCIS, they are not regulated by the Bank of Lithuania or any other financial regulator in Lithuania.