Bit2Me cryptocurrency exchange was founded in 2014 with the aim of providing a secure and reliable exchange platform for traders and investors from Europe and around the world. The company has its headquarters in Alicante, Spain, and is registered and regulated by Spanish authorities.
Bit2Me crypto exchange is accepted in 32 countries across the world. The countries include Switzerland, the United Kingdom, Sweden, Spain, Slovakia, Norway, Poland, Portugal, Slovenia, Romania, Luxembourg, The Netherlands, Montenegro, Malta, Monaco, Moldova, Latvia, Lithuania, Finland, Italy, Greece, Iceland, France, Ireland, Hungary, Germany, Austria, Estonia, Belarus, Denmark, Croatia, Belgium, Czech Republic, Bulgaria, Albania, and Andorra. However, the service is not available in the United States of America and Canada.
In line with Anti Money Laundering and Counter-Terrorism Financing policies, the Bit2Me crypto exchange requires all users of its platform to be properly identified and verified through the KYC process. Apart from identity verification, the exchange also requires verification for each debit or credit card used on the exchange to purchase cryptocurrencies.
Markets
There are two major markets on the platform – EUR and USDT markets. The platform operates as a fiat-to-crypto and crypto-to-crypto trading platform. Listed on the platform are 23 Bit2Me trading pairs. The majority of the trading pairs available are paired with the Euro. Bit2Me spot trading is the only available option. While other options like margin and leveraged trading are not available, there are plans to add them as the platform expands.
The exchange accepts fiat deposits and withdrawals. They are free, whether you’re using bank transfer, debit or credit card, or Tikebit (Cash). For bank transfers, the minimum you can deposit is €1, while there is no maximum limit. However, the Bit2Me exchange fees on deposits depend on the payment method.
Debit or credit card transactions come with a minimum limit of €1 and a maximum of €5000 daily, while Tikebit is between €20 and €1000 daily limit. There is no maximum limit for SEPA withdrawals, but there is a minimum limit of €50.
Crypto deposits and withdrawals attract a standard Bit2Me crypto fee of 0.95% of the transaction amount. For debit and credit cards, the fee is added to a 1.99% fee (for EU ZONE cards) or a 4.99% fee (for other cards). The transaction limits are similar to that of deposits.
The amount paid as maker and taker fees for trading depends on your 30-day Bit2Me trade volume. Trades between €0 to €50 thousand attract maker and taker fees of 0.16% and 0.26% respectively. This fee structure decreases as your trade volume increases. Users who trade above €10 million get to pay 0% and 0.1% on maker and taker trades respectively.
Bit2Me’s native token is known as the B2M token and it was launched on November 1, 2021. Holders of the token can influence the development of the project. They are also entitled to refunds on transactions done with the Bit2Me card, as well as trading fee discounts.
Other Services
Bit2Me cryptocurrency exchange offers a MasterCard debit card for its users. The card can be used in ATM payment points that accept MasterCards. Furthermore, the card comes with zero maintenance costs. Additionally, there are no limits on the use of the card, except if you decide to put limits yourself. You can have as many cards as you want.
Another feature is the Commerce feature. With this, the Bit2Me crypto exchange allows users to accept payments in crypto from clients worldwide. There are no limits to transactions on this feature. In addition, payments are fast, and customers can transact freely with merchants while still maintaining their privacy. There is no Bit2Me crypto price attached to this, however, network fees are charged for BTC withdrawals.
Moreover, with the Pay feature, you can send crypto or EUR to any person in the world. You only need their phone number or email to make this happen.
Furthermore, the platform provides the Over-The-Counter (OTC) trading option for users who wish to buy cryptocurrency in bulk. In addition, there is a premium service available for users of the platform who have purchased or are about to purchase crypto worth €20,000 or more. They get a specialized program that allows them to buy more than €1 million worth of crypto at once. The Premium program also opens users to more than fifty DeFi coins, as well as specialized training and access to first-hand news and developments in the crypto world.
About the Company
Bit2Me cryptocurrency exchange was founded by Andrea Manuel and Leif Ferreria in 2014. From starting the company in a basement with only two computers, it has grown into a team of more than 350 people.
Before starting Bit2Me, Andrea worked at Tikebit as an administrator. He also founded Bitphone – a top-up service for mobile phones that accepts Bitcoin payments. Leif has years of experience with cryptocurrency and blockchain technology. He is the CEO of Tikebit, founder of Opinook and WidPlay.
Bit2Me crypto exchange is insured. It keeps customers’ funds in FDIC (Federal Deposit Insurance Commission) insured banks. Each customer has insurance coverage up to €250,000 in case of unexpected events. In addition, the exchange as a whole is backed by insurance worth €100 million, which is available for customers in the event of an extreme market or organizational downturn.
As of January 2023, Bit2Me trade volume ranges around $80 million. You can check the current Bit2Me volume above.
