What is Bit2Me?
Bit2Me is a prominent cryptocurrency trading platform established in Spain in 2014 by Andrei Manuel and Leif Ferreira, dedicated to providing a comprehensive crypto experience. The platform serves as an all-in-one solution for buying and selling bitcoins, managing crypto wallets, and accessing educational resources. Notably, it is the world's first exchange registered with the Bank of Spain, emphasizing security, transparency, and user support in multiple languages.
Key Features of Bit2Me
1. User-friendly Platform
Bit2Me boasts a user-friendly website interface, catering to both beginners and experienced traders, facilitating seamless trade execution.
2. Integrated Wallet
The platform offers a multi-currency wallet supporting 232 Lite wallets and two full wallets, allowing users to buy, sell, store, and exchange various cryptocurrencies easily. Additionally, Bit2Me Pay enables free instant cryptocurrency payments worldwide.
3. Cold Storage
Bit2Me ensures security through a combination of secure online servers and offline ("cold") storage, with 98% or more of users' digital currency held in cold storage. Cryptocurrency holdings are insured up to €150,000,000 in collaboration with Ledger Enterprise.
4. Business Accounts
Bit2Me allows users to set up business accounts, facilitating cash and digital currency payments. The Bit2Me Swap feature enables instant exchanges between cryptocurrencies at optimal conversion rates.
Regulatory Compliance
Bit2Me is a registered trademark of Bitcoinforme S.L., operating under Spanish regulations since 2015. It complies with current regulations on preventing money laundering and terrorist financing. It achieved recognition from the Bank of Spain as the first cryptocurrency platform offering virtual currency exchange services and wallet custody for fiat currency.
Fees on Bit2Me
While trading on Bit2Me, users may encounter transaction and trading fees. Notably, the platform does not charge fees for depositing or withdrawing funds. Bit2Me PRO account holders may face varying taker and maker fees based on trade volume and currency pairs.
Accepted Payment Methods
Traders can utilize various payment methods on Bit2Me, including VISA or Mastercard credit and debit cards, bank transfers, SEPA credit transfers, Apple Pay, and Google Pay.
Supported Currencies and Countries
Bit2Me supports over 20 cryptocurrencies for trading, excluding the United States due to regulatory constraints. Residents from almost all countries globally can access the platform.
Bit2Me Mobile App
Bit2Me offers a mobile application compatible with both Android and iOS devices, allowing traders to engage in cryptocurrency transactions on the go.
Trustworthiness and Legitimacy
Based on reviews, Bit2Me appears to be a trustworthy platform with robust security measures. The use of secure servers, offline wallets, and insurance coverage enhances the legitimacy of Bit2Me as a safe cryptocurrency service provider.
In conclusion, Bit2Me provides a comprehensive and secure platform for cryptocurrency trading, catering to both novice and experienced users.
What are the trading fees on Bit2Me?
While trading on Bit2Me, users may encounter transaction and trading fees. Notably, the platform does not charge fees for depositing or withdrawing funds. Bit2Me PRO account holders may face varying taker and maker fees based on trade volume and currency pairs.
Does Bit2Me offer leverage trading?
Bit2Me does not currently offer margin trading or leverage options.
Is Bit2Me safe?
While many major CEXes boast stronger firewalls than most governments, history has witnessed numerous instances where exchanges have fallen victim to hacks, resulting in the loss of customer funds. DEXes are generally safer option as you have control over your funds at all times as long as blockchain is up and running. Its all based off contract code so you can clearly look whats behind the scenes, and how their contracts work.
Does have customer support?
Almost all exchanges provide customer support, but the quality, speed and continuity of this service varies from time to time depending on the budget conditions of the companies. We recommend that you experience the support service provided by the stock exchange by asking a question to the support section on its website.
