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January 17, 2022
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Crypto exchange Bit2Me adds ‘Earn’ reward service as latest product » CryptoNinjas

Bit2Me, a number one Spanish cryptocurrency platform, has introduced the launch of Bit2Me Earn, a brand new service that gives rewards of as much as 20% within the type of cryptocurrencies to crypto holders on the only real situation that they switch and retailer them. Bit2Me Earn will likely be out there beginning on January 1st, 2022.

Initially, Bit2Me Earn will likely be out there to be used with cryptocurrencies together with B2M (Bit2Me native token), Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), USD Coin (USDC), and Tether (USDT). The vary of cryptocurrencies is meant to be expanded over the approaching months.

The service capabilities with cryptocurrencies, together with stablecoins, and is totally freed from cost with the liberty to withdraw or add cryptocurrencies at any time. Bit2Me Earn brings as much as 20% in rewards in conventional cryptocurrencies and as much as 300% annual proportion yield (APY) in B2M, the native cryptocurrency originated for the Bit2Me ecosystem.

It is a service much like cryptocurrency staking, an idea that refers back to the motion of holding crypto coins in a pockets to assist the safety and operations of a blockchain community. In exchange for this, the consumer receives rewards in cryptocurrencies.

CEO of Bit2Me Leif Ferreira commented:
“Bit2Me has incorporated two key figures in the industry, the former President of Mastercard, Baldomero Falcones and the former CEO of Coinbase Europe, Zeeshan Feroz. Together with them, we designed the best service in the world in this aspect. A complete service with which, unlike the competition, users can literally generate cryptocurrencies with one simple click, without doing anything. Just by storing their cryptocurrencies in the Bit2Me wallet. All this is offered by Bit2Me, a European company, transparent, with telephone support in seven languages, and the possibility of adding funds in cryptocurrencies but also by bank transfer and card from more than 110 countries around the world. We are really proud of the result achieved by our team of more than 150 people. And this is just the first version of the service.”

Staking With B2M

During the general public token sale launch of its B2M token this summer season, Bit2Me raised €17.5 million, plus €2.5 million in an earlier non-public spherical. This complete of €20 million will likely be invested within the progress of the corporate.

All Bit2Me customers staking with the B2M token will likely be mechanically collaborating within the B2M Farming Pool. This characteristic permits customers to generate better rewards with their tokens. In addition to staking, B2M holders can entry different advantages simply by preserving their tokens on the platform. For instance, B2M permits customers to entry bonuses of as much as 90% on charges for operations inside the Bit2Me platform.

Likewise, the corporate’s utility token will permit its holders to take part in governance consultations and can unlock new options and utilities inside the platform over the approaching months. B2M may also combine with the Mastercard cryptocurrency debit card, which is quickly to be launched.

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