Tag Archives: lumi

Lumi IPO’s success is seen as a positive indicator for other Saudi companies contemplating going public. In a dazzling debut on the Riyadh stock exchange, Lumi Rental Co., the Saudi Arabian auto rental firm, witnessed its shares surge by an astonishing 30% on its first day of trading. The Initial Public Offering (IPO), valued at 1.09 billion Riyals ($290 million), not only exceeded expectations but also set the stage for a new era in the region’s automotive industry. Today, we listed on...

A cryptocurrency wallet is almost equivalent to a bank account, and just as it is important to be familiar with a bank of choice, it is just as important to be intentional in choosing a digital Bitcoin wallet.A crypto wallet contains private keys that allow you to manage and spend your coins, as your wallet address is an ingenious hash of your public keys. With Bitcoin wallets providing the perfect custodian and interaction between these two key pairs, it is only important that every bitcoin...

Sometimes vulnerabilities of non-custodial apps make it possible to breach data without users having a chance at backing up their balances. But custodial wallets offer users the possibility of recovering access at any time.Custodial, or centralized, wallets often come under criticism as being allegedly less reliable than their non-custodial counterparts. While this stance is common, does it really take into account all the nuances of how today’s wallets protect their customers? The below...

Place/Date: - February 20th, 2020 at 2:28 pm UTC · 3 min read Contact: Lumi Wallet, Source: Lumi Wallet Now it is possible to withdraw crypto to a credit card in Lumi Wallet and the first transactions come with lowered fees!There are a couple of crypto wallets that position themselves as all-in-one solutions for cryptocurrency operations.Lumi Wallet, after the latest update, is one of a few to actually withstand those claims, allowing both the purchase and withdrawal of crypto to a credit...

Place/Date: - January 31st, 2020 at 1:50 pm UTC · 3 min read Contact: Lumi Wallet, Source: Lumi Wallet Photo: LUMILumi Wallet has shown exceptional growth in its user base and functionality during 2019, and after working hard on fine-tuning its API is ready to present a bunch of new features in February.The year 2019 was exceptional for Lumi Wallet. First and foremost, it’s in part thanks to the contribution of the users who chose Lumi as their main cryptographic wallet.From the beginning...

Place/Date: - December 28th, 2019 at 9:49 am UTC · 4 min read Contact: LUMI, Source: LUMI Photo: LUMIThis was a hot year for crypto, with BTC surging up from the pit it was in at the beginning of the year to a stable $7-8k by the end, rapidly developing altcoins and the rapt attention of governments and users. It is early to speak about mass adoption, but the fact that crypto is in our lives to stay is undeniable.Lumi Wallet wasn’t an exception as 2019 was a challenging and productive year...

Place/Date: - November 28th, 2019 at 1:42 pm UTC · 2 min read Contact: Lumi, Source: Lumi Crypto Wallet Lumi Wallet gets involved in the Black Friday frenzy by lowering crypto purchase commission fees by 12.5% from November 28th to December 1st. The deal applies to ETH and BTC bought by credit card in Lumi Wallet during this period.Black Friday is known as the time of discounts, which means lots of impulsive purchases for agitated consumers and a good time for thoughtful buyers to get...

Lumi Wallet is expanding its EOS tokens collection – now the EOSDT stablecoin, the price of which is linked to the US Dollar, and the Native Utility Token (NUT) are available in the wallet. These are the first of many popular EOS tokens that are going to be added to the wallet’s portfolio.Lumi EOS IntegrationDuring 2019, Lumi has been integrating EOS functionality to its platform and expanding the number of currencies available. After the integration of EOS accounts and the option to buy...

Lumi wallet is celebrating the new option to buy crypto with a credit card in the wallet with a Bitcoin Giveaway Spree, giving its users a chance to win a soaring Bitcoin reward.In September, Lumi added a new feature that allows users to buy crypto with a credit or debit card safely in-wallet. Now, with fiat-to-crypto transactions enabled, Lumi Wallet stands on par with major crypto wallets.The coming Bitcoin Giveaway Spree is somewhat similar to the EOS accounts giveaway that Lumi Wallet...

Lumi Wallet has come a long way in implementing EOS on its platform. After the recent integration of the option to buy crypto with a credit card, it turns back to EOS, aiming to add all popular EOS tokens to its list and propose the opportunity for token creators to apply with their products.This year for Lumi Wallet was mostly about EOS: it has integrated the EOS blockchain, EOS account authorization (and celebrated it with account giveaways), and has ongoing plans in the roadmap for 2019,...