Description
Lulubit is an app-based cryptocurrency platform serving users in Panama, Costa Rica and Guatemala, allowing them to buy and sell USDT, Bitcoin and more than 30 other cryptocurrencies using local bank transfers or e-wallets, with instant withdrawals. Users can register for free via the App Store or Play Store, deposit local currency from any bank, and purchase crypto instantly. The company also offers the Lulucard, a card that allows users to pay with cryptocurrency at any merchant worldwide, online or in-store, and withdraw cash. Additionally, Lulubit offers up to 7% annual yield on holdings of USDT, USDC, DAI and ETH, and provides a US virtual deposit account for sending and receiving USD payments and remittances (including from platforms like PayPal and Payoneer). The platform focuses on retail consumers in Central America, and also runs 'Lulubit Academy,' a free educational video course teaching cryptocurrency fundamentals.