Crypto Exchange Lama Rolls Out Crypto Visa Cards
Lama, a Lithuanian-regulated cryptocurrency exchange, announced the availability of crypto Visa cards to its members on Tuesday. The Lama Visa card allows users to spend their bitcoins in everyday activities because they are instantaneously converted to currency at the checkpoint. The real and virtual cards allow users to rapidly spend their cryptocurrency in over 70 million+ stores globally that accept Visa.
Lama Visa cards promise to provide users with the best of both the crypto and fiat worlds. The user can choose to ‘keep cryptocurrency’ on his card, ensuring that they can easily spend their tokens in their daily activities and gain fast access to their funds.
According to the Head of Operations at Lama, Brigham Santos, the introduction of Visa cards to exchange users will enhance the adoption of cryptocurrency. Santos believes these cards make crypto assets “tangible and accessible”, allowing the users to spend them and participate freely in the traditional economy.
(With inputs from Shikha Singh)
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