Claudia Roca
Looking to venture into the crypto world? Cryptocurrencies offer excellent investment opportunities and, today, are among the most promising assets on the market, especially for those seeking financial freedom. And this is where Bit2Me can help.
Bit2Me is the Spanish exchange platform that continues to gain ground in the cryptocurrency market. Here we will explain, in simple words, what this platform can offer you and what you can do with it.
But first of all:
What is Bit2Me?
Bit2Me is a Spanish exchange platform. Or in other words, an exchange house specializing in cryptocurrencies and blockchain technology.
Today, Bit2Me is one of the most popular exchange platforms in Spain and is gaining ground worldwide.
And it already has more than 500,000 users, mainly from Spain, Europe, and North America.
The company founded in 2014 has become a pioneer of cryptocurrencies, not only in Spain but also in the rest of Europe. And it’s also a pioneer of the old continent towards web 3.0, which many consider "the web of the future".
How does Bit2Me work?
Bit2Me offers a wide array of options for buying, selling, storing, and exchanging crypto assets. Not to mention that it has a fairly diverse offering of cryptocurrencies and blockchains, such as Bitcoin, Ethereum, Polkadot, and Solana, among others.
This portal offers both a marketplace to carry out all your transactions and a cryptocurrency wallet to manage your assets. And if that were not enough, it offers both a physical and digital card so you can dispose of your crypto assets as you prefer.
You can access it through its web portal or through its mobile app. Bit2Me also offers a Pro version to give you more control over your investments, and a premium version for specialists and more experienced investors.
This version has specialized features, such as advanced specialization and analysis tools and an API for integrations with other platforms.
How do I register with Bit2Me?
Go to the Bit2Me website.
Click on "Open account".
Enter your email address, create a password, and accept the terms and conditions of the platform.
Confirm your subscription through the verification email sent to your email address.
From here, include your personal information, ID or passport, nationality, address, and phone number.
Confirm your phone number by entering the Bit2Me code sent by SMS.
Upload a picture of the document of your choice (ID or passport).
Take a selfie holding the same ID document.
And voilà!
From here, all you have to do is wait for your account to be verified to access the crypto wallet and the Bit2Me marketplace.
How to buy on Bit2Me?
The purchase process is quite easy:
Once you have logged in, go to the "buy" option.
Fill in the form.
Choose the cryptocurrency of your choice.
Select the payment method.
Choose the amount to purchase, either in cryptocurrencies or fiat money.
Choose the destination of your cryptocurrency -either your Bit2Me wallet or your crypto wallet in another exchange platform.
And to sell?
The first thing you should know is that, in order to sell, you need to have an available balance within the platform.
Once you’ve deposited money in your account, you just have to follow the next steps:
Go to the "sell" option.
Choose the cryptocurrency.
Select the payment method.
Set the amount you want to sell.
That's all. It's the same process for buying crypto assets.
Payment options at Bit2Me
Bit2Me offers several options for both buying crypto assets and selling them.
To buy:
1. Wire transfer
Bit2Me offers payment options through bank transfers via SEPA, for European Union member countries, and Swift for the rest of the world.
Waiting times to finalize a transaction vary. Through SEPA, the minimum waiting time is 24 hours, while the minimum through Swift is 72 hours.
However, this is not the only payment option.
2. Credit or debit card
You can make all your payments through credit or debit cards. However, transactions are only made in Euros, so this is more recommended for Spain and Europe.
This doesn’t mean that you cannot make payments from other countries. But you should familiarize yourself with your bank's policies for international transactions.
Some banks may include fees and waiting times may be longer. Keep this in mind when evaluating your payment options.
3. Account Balance
To make things easier, you can sync your bank account with Bit2Me to pay directly with your account balance.
For many, this is the easiest way to pay on the platform. However, be aware that some banks have strict policies with exchange platforms. Therefore, you may want to check first to avoid future inconveniences.
4. Tikebit
Tikebit is a crypto asset token so you can forget about credit cards, debit cards, and bank transfers. And the best part, it's already available in hundreds of stores in Europe, so you can use Tikebit to buy a wide variety of products from Bit2Me.
The fees are 2.5%, the exchange platform's limit, and it has a daily limit of €1000.
Now, to sell crypto assets or withdraw your money, these are your options:
5. Bank transfer
You can offer wire transfers as a payment method for your buyers through the same channels: SEPA and Swift. Waiting times between transaction and receipt are the same as when making a purchase.
6. Halcash
Halcash is an application for sending and receiving money without bank accounts or cards, very similar to Bizum, but with a limit of 6,000 euros per month -Bizum has a limit of 5,000 euros-.
It has a network of more than 10,000 ATMs and is an excellent option for cashing out. However, its banking network is limited to Spain and only has 16 banks.
Although you can receive payments from almost any bank, your buyers will only be able to use Halcash through the 16 banks in the app.
6 Advantages of Bit2Me
1. Transparency and security
Transparency is everything in this industry. Although the world of cryptos offers endless opportunities, it’s also true that there is no shortage of scams in this area. However, this is not the case with Bit2Me.
This platform complies with Spanish and European regulations for transactions and cryptocurrency transactions. Without exception.
In other words, this is a safe place for your cryptocurrencies and your investments.
2. More than 200 tokens are available
Bit2Me supports a wide variety of networks, such as ERC20, Polygon, Polkadot, Bitcoin, Cardano, Cortex, and Cosmos, among many others.
In other words, you will have a wide portfolio of crypto assets to choose from and diversify your investment portfolio. However, we suggest you carefully study your investments, especially if you are just getting into the world of cryptos.
3. Bit2Me has its own token.
Bit2Me offers many advantages to those who purchase its token, such as bonuses, discounts, free features, use cases and airdrops, among others.
4. Commissions
Commissions are part of the platforms. One of the biggest disadvantages of exchange platforms is their high commissions. However, this is not the case with Bit2Me.
The platform charges, at most, 2.5% of your transactions, one of the lowest percentages in this market.
5. Payment options
There’s nothing better than having a wide range of alternatives to make your payments.
Bit2Me offers payments through Visa, Mastercard, Sepa, and Tikebit, and can be affiliated with bank accounts. Thanks to the first three payment channels, you can pay and exchange crypto assets with dollars and euros.
On the other hand, Tikebit is your payment method link for cryptocurrencies, in case you prefer to make your payments with crypto assets.
In addition, their physical and digital card is affiliated with MasterCard, accepted practically all over the world.
6. Bit2Me and web 3.0
Have you ever heard of web 3.0?
In simple words, web 3.0 or web3 is the general vision of the web of the future and the parameters it must meet. A decentralized and free web, more efficient and optimized for interaction between users, devices, and machines.
And why are we telling you all this?
Because Bit2Me is one of the leaders of the digital transformation in Spain and Europe towards web 3.0. Both for its mixed model between banking and blockchain technology and for its repertoire of tools.
Everything makes the Spanish exchange a portal worthy of attention for the coming years. And a possible great opportunity for investors.
Other exchanges to consider
If you plan to invest, nothing beats having a diverse repertoire of assets and investments. Not to mention, with more platforms, you'll have more options for cryptocurrency trading.
Here are some very profitable alternatives:
1. Binance
Binance is already one of the most widely used exchange platforms worldwide. Binance offers the largest cryptocurrency ecosystem, so the variety of crypto asset offerings is gigantic.
The platform is considerably easy to use and an excellent choice for first-time investors. In addition, it has fees of 0.5% for transactions via SEPA and up to 2% fees for other banking systems. Not to mention that some of the cryptocurrencies on its platform are commission-free.
2. Coinbase
Coinbase is Binance's direct competitor worldwide and one of the largest cryptocurrency exchange platforms in the world.
Its commissions range from 1.49% for cryptocurrency trading and up to 3.99% commission for banking transactions.
3. Kraken
Kraken has a large repertoire of cryptocurrencies and fairly low commissions for banking transactions.
The platform offers a 0.5% fee, which is quite low for banking transactions. However, its card payment fee is 3.75%, a considerable difference compared to Bit2Me and Binance.
In addition, it offers Futures and forward contracts for crypto transactions not available on Coinbase.
Bit2Me is the best option to buy, sell and save cryptocurrencies in Spain. And a platform with a very promising future.
If you plan to enter the world of cryptos or if you are already an experienced trader or investor, this is the right website.
At this point, we recommend you carefully study your investments and market opportunities.
Crypto investments, although promising, are not risk-free, but you can minimize those risks if you invest with caution and if you have a diversified repertoire.
Have you heard about Bit2Me, have you tried it yet? Tell us about your experience, opinions, and doubts about Bit2Me in the comments section.
Jun 26, 2023
