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Bit2Me, leading Spain Cryptocurrency platform, Announced the launch of Bit2Me Earn, a new service that provides cryptocurrency holders with up to 20% rewards in the form of cryptocurrency, provided they transfer and store them. Bit2Me Earn will be available from January 1, 2022.
Initially, Bit2Me Earn will be available for cryptocurrencies, including B2M (Bit2Me native token), Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), U.S. dollar coin (USDC) and Tether (USDT). The range of cryptocurrencies will expand in the coming months.
The service uses cryptocurrencies, including stablecoins, which are completely free, and cryptocurrencies can be withdrawn or added at any time. Bit2Me Earn brings up to 20% rewards in traditional cryptocurrencies, and up to 300% annual rate of return (APY) in local B2M Cryptocurrency originated from the Bit2Me ecosystem.
It is a service similar to a cryptocurrency mortgage. The concept refers to the act of putting cryptocurrency in a wallet to support the security and operation of the blockchain network. In exchange, users will receive cryptocurrency rewards.
Leif Ferreira, CEO of Bit2Me, commented:
“Bit2Me has integrated two key players in the industry, Baldomero Falcones, former president of MasterCard, and Zeeshan Feroz, former CEO of Coinbase Europe. In this regard, we have worked with them to design the best service in the world. A complete one. The service, unlike its competitors, is that users can actually generate cryptocurrency with one click without performing any operations. Just store their cryptocurrency in the Bit2Me wallet. All of these are provided by the European company Bit2Me Yes, it is transparent, provides telephone support in seven languages, and can add cryptocurrency funds, and can also be provided by bank transfers and cards from more than 110 countries/regions around the world. We provide our team of more than 150 people I am very proud of the results achieved. And this is only the first version of the service.”
Staking with B2M
This summer, during the public sale of its B2M tokens, Bit2Me raised 17.5 million euros, in addition to 2.5 million euros in early private financing. A total of 20 million euros will be invested in the company’s development.
All Bit2Me users who pledge B2M tokens will automatically participate in the B2M farm pool. This feature allows users to generate greater rewards with their tokens. In addition to staking, B2M holders can also obtain other benefits by keeping their tokens on the platform. For example, B2M allows users to get up to 90% of operating expense bonuses within the Bit2Me platform.
Similarly, the company’s utility token will allow its holders to participate in governance consultations and will unlock new features and utilities within the platform in the coming months. B2M will also integrate with MasterCard Cryptocurrency debit card,coming soon.
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