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Author Topic: Lastbit's Beta - A lightning network and Euro interface for Europeans  (Read 94 times)
shadow12348 (OP)
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February 20, 2021, 07:10:38 AM
Merited by OmegaStarScream (8), LoyceV (4), dkbit98 (1)
 #1

After years of work getting financial institutions to work with us, we're finally live with our beta and I'd love to get your feedback on our little project at www.lastbit.io

As I left India to study in Switzerland in 2016, moving money across borders sucked and I couldn't use Bitcoin to do anything. So I left university to start this company that would solve that problem and we ended up having to build two mobile applications to keep European regulators happy.

Both are powered by Lightning and effectively provide the easiest possible on and off ramps to Bitcoin & Lightning using Euros, featuring a MasterCard as well.

Any feedback would be awesome in making this a better user experience for more mainstream users. I just want to see everyone truly appreciate Bitcoin for what it can do and this is one possible way of getting there.
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OmegaStarScream
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February 20, 2021, 09:17:02 AM
 #2

There is only a mention of the EU and the U.S on your about page. Are there any plans to support the MENA region? Btw, I'm trying to access the LastBit lite page on the play store, and it's leading to a dead link.

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shadow12348 (OP)
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February 20, 2021, 12:53:21 PM
 #3

There is only a mention of the EU and the U.S on your about page. Are there any plans to support the MENA region? Btw, I'm trying to access the LastBit lite page on the play store, and it's leading to a dead link.

Ah MENA not yet.. The applications are region locked to the EU/EEA only at the moment so that's why it leads to a dead end unfortunately.
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February 21, 2021, 12:11:21 PM
 #4

Wait a second, how can this cards be free and without any fees and do you plan to add some desktop OS version?

It would be interesting to offer this to other countries from Europe that are not in EU, like Russia, Ukraine, Turkey and others, because Bitcoin and crypto is very popular there.
Interesting thing I noticed is that your project is backed by Binance, Charlie Lee and others, that gives you a higher chance of success and making Lighting Network more popular with regular people.
I am keeping my eyes on this project.


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February 23, 2021, 12:37:08 PM
 #5

how can this cards be free and without any fees
Looks like there's a certain fee when dealing with EUR but it doesn't mention the respective percentages:

Quote
Are there any hidden fees not mentioned here?

What you see here is what you pay. Nothing less, nothing more. We make a tiny amount of money when you add EUR to your cards or move between Bitcoin and Euros. There are several fees behind the scenes that lastbit pays on your behalf. This is just the nature of centralized card programs.

@shadow12348
I'm not familiar with your exchange partner [Bitlocus Ltd] but could they potentially block transactions since they'll be in possession of users' BTCitcoins?

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