Bitcoin Financial Platform Lava Reveals Stable Exchanges and Payments

After a year of stealth development, Lava is launching its first two financial products—Lava Free Pay and Lava Exchange—poised to revolutionize the way we manage digital dollars and access Bitcoin. In an interview with Bitcoin Magazine, Lava CEO Shezhan Maredia gave an in-depth look at what these new offerings bring to the table and what he hopes can redefine the mobile storage experience.

Lava Free Pay: Liberating Global Payments

The promise of digital dollars has always been seamless, global payments. However, Maredia argues that the current user experience is short. “Imagine if every time you wanted to send money through Venmo, you had to first buy a variable VenmoBucks, get paid, and then pay another transaction fee in those same VenmoBucks.”

Lava removes those issues to give Bitcoin users seamless access to stablecoins. “The common tension of dealing with other chains has been completely removed. No unnecessary information is displayed in the application.”

Lava Free Pay is a trustless streaming service for users that provides the best stablecoin integration of any Bitcoin wallet on the market. This innovation enables free, fast, and universal payments, making digital dollars more efficient and accessible for everyday use.

Maredia explains that it plans to support multiple networks and eventually allow users to send payments to all of them. “Bitcoin-based options can be considered when they are mature.” This upgrade will integrate seamlessly with Lava’s existing infrastructure, ensuring users don’t have to worry about technical details.

Lava Exchange: Your Gateway to Automated Asset Management

Navigating the world of Bitcoin and digital assets can be difficult, especially when it comes to finding the best exchange rates and lowest fees. Lava Exchange addresses this challenge by enabling users to buy goods directly for storage and withdraw money from their bank accounts with minimal payments.

“We thought for a long time about how to give users a cheap and easy way to log into Lava independently,” said Maredia.

After considering every market option, his team decided to build their own exchange aggregator. Using your location and market data, Lava can connect you to exchanges that offer the best prices and lowest costs for your desired purchase. Those services are embedded directly into Lava Vault, reducing the steps required for a user to receive Bitcoin.

“We think people should continue to save Bitcoin and spend dollars and we want to give them the best tools to achieve this. I built Lava for those who live the Bitcoin life.”

Under the hood, Lava is supported by a modern self-defense solution called Lava Smart Key. Building on a decade of mobile Bitcoin development, Maredia believes his company offers the most secure mobile key storage system available today.

Lava plans to continue launching new products and is already preparing to launch its pending loan protocol using Bitcoin smart contracts.

Users can get started by downloading Lava Vault from the App Store on iOS or Android, or by visiting lava.xyz.