Bit2Me is a leading financial technology company revolutionizing the traditional financial system by providing individuals, exchanges, mining pools, token issuers, investment funds, governments and institutions with the tools to access, trade and manage digital assets and cryptocurrencies optimally. Learn about their pros and cons on this review article.
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What is Bit2Me?
Bit2Me is a leading financial technology company, founded in 2014, specializing in Blockchain technology and cryptocurrencies. They provide individuals, exchanges, mining pools, token issuers, investment funds, governments and institutions with the tools to access, trade and manage digital assets and cryptocurrencies optimally.
At the forefront of revolutionizing the traditional financial system, Bit2Me team of over 30 professionals consists of: idealists, tech entrepreneurs, researchers, quantitative traders, financiers, lawyers, and engineers from leading companies. They are the one paving the way for this revolution.
Bit2Me is a technology and commercial company that strives to create a more efficient, transparent and fair financial system. Furthermore, they develop their own products, processes and tools to interact with decentralized finance protocols, provide liquidity and participate in networks such as decentralized lending and margin trading. Lastly, Bit2Me mission is to make markets more accessible and open to everyone.
Key Features and Advantages of Bit2Me
An Easy to Use Exchange
Bit2Me is an exchange that caters to both beginner and experienced traders and investors. They are offering a wide range of features that are both simple and advanced. The company has managed to create a platform that is both user-friendly and feature-rich. Making it a great choice for all types of traders.
The Bit2Me Academy is a noteworthy concept that deserves attention. As part of the comprehensive suite of products offered by Bit2Me, the academy provides users with a range of educational resources to help them better understand cryptocurrency and blockchain technology. With a range of articles and courses, users can gain a deeper understanding of the crypto space and how to use it. The Academy is a unique offering from Bit2Me, as few crypto exchanges can offer such a comprehensive educational platform.
Bit2Me offers tailored learning experiences for both private individuals and corporate entities. Whether you’re a private person or a company owner or employee, you can customize your learning experience with Bit2Me to suit your needs.
Overall, Bit2Me is a user-friendly platform that caters to both beginners and experienced traders. Its exchange side is simple to use, while its Bit2Me Academy provides comprehensive knowledge to help users make informed decisions.
Accepts Credit / Debit Card Payments + Bit2Me Debit Card + ATM Support
Bit2Me reviews show that the ability to purchase cryptocurrencies with a credit or debit card makes it easier for a wider range of people to access the crypto market. This is especially beneficial for those who are new to the crypto space, as it eliminates the need to trade one coin for another.
Buying crypto with a credit or debit card is a breeze with Bit2Me! All you need to do is register on the exchange, add your card information, and you can start purchasing your favorite cryptos in a matter of seconds. Bit2Me supports both VISA and MasterCard payments, as well as bank transfers. That makes it easy and convenient to purchase your select cryptos.
The Bit2Me card is a revolutionary debit card that allows users to make transactions in Bitcoin (BTC). This is a major step forward in terms of mass adoption of cryptocurrencies and a great benefit of using the Bit2Me exchange. With the Bit2Me card, users can enjoy the same convenience of traditional debit cards, but with the added advantage of being able to transact in BTC.
Bit2Me card ATMs are a convenient way to access your BTC funds in the form of euros. With over 10,000 ATMs located across Europe, you can easily withdraw your funds in fiat money.
Reliable and Secure Cryptocurrency Exchange
Bit2Me is a secure and reliable exchange, with top-notch security measures in place to protect user assets and ensure KYC and AML compliance. Reviews from users confirm the exchange’s commitment to security.
Bit2Me takes asset security seriously and applies the best practices to keep users’ assets safe. To further protect users’ crypto coins and tokens, 98% of them are stored in cold storage devices. One of the most secure methods for safeguarding cryptocurrencies.
Bit2Me reviews show that the company takes the security of their user funds seriously, utilizing cold wallets to ensure the highest possible security measures. This ensures that user funds are kept safe and secure, with the only way to access them being through the physical device or recovery code.
This exchange is regulated and centralized, employing strict KYC and AML policies to protect its clients. It works with EMI (Electronic Money Institution) to ensure the safety of your transactions. Bit2Me also follows KYC (Know Your Customer) guidelines to verify the identity of each user. It is to ensure that they are legitimate individuals, not malicious third parties.
Bit2Me takes extra steps to ensure the security of your crypto assets. The exchange employs two-factor authentication and other advanced security measures to protect your account and assets. With Bit2Me, you can rest assured that your crypto investments are safe and secure.
Built-In Wallet, Mobile App
Bit2Me offers more than just an exchange platform. It also provides a secure, standalone wallet that you can use to store your cryptocurrencies. With the Bit2Me wallet, you can enjoy the convenience of a fully-integrated exchange experience, as well as the peace of mind that comes with a secure, reliable wallet.
Bit2Me wallet stands out for its impressive support of around 70 different cryptocurrencies and crypto tokens. This includes the major coins like Bitcoin and Ethereum, as well as lesser-known or more obscure assets. With this wallet, users can easily store and manage a wide range of digital assets.
The wallet offered by the platform is easy to use. Simply register and create an account, and then access the wallet section. With it, you can store different crypto tokens, send and receive crypto coins and tokens, and even buy them directly from the wallet.
The Bit2Me app is the perfect companion for your crypto trading needs. With its full wallet functionality, you can buy, sell, and trade crypto coins and tokens straight from your phone. Plus, you can also view different charts and statistics, manage your personal portfolio, and access support services.
Large Crypto Variety
Finding the right crypto exchange can be a challenge, especially if you’re looking for one that supports a wide range of cryptocurrencies. Fortunately, there are several high-end exchanges available that offer a variety of digital assets. However, if you want to access a larger selection of coins, you may need to consider a decentralized exchange.
Bit2Me is a popular choice for those seeking a wide variety of crypto assets, as the exchange supports a large selection of coins and tokens, including industry giants such as Bitcoin and Ethereum, as well as tokens like AAVE, SUSHI, and ZEC. User reviews of Bit2Me often point to the exchange’s variety of crypto assets as a major benefit.
Key Disadvantages of Bit2Me
Average Transaction Fees (in Some Countries)
When selecting the best cryptocurrency exchange for your needs, fees are an important factor to consider. Different exchanges compete on fees, so it pays to shop around for the best deal. Lower fees can mean higher potential profits, so it’s worth researching the fees charged by different exchanges before making your decision.
Bit2Me offers competitive fees for purchasing cryptocurrencies with fiat money or trading them on the platform, with a fixed 0,95% fee. However, additional fees may be imposed by payment facilitators when using fiat money.
Bit2Me offers some of the higher fees compared to other top-rated exchanges, which typically provide fees ranging from 0.1% to 0.25%. However, the exact fee may vary depending on various factors.
While the fees may be higher than some other exchanges, users can benefit from exclusive features that make trading more enjoyable. With Bit2Me, users can send cryptocurrencies from their wallet with no additional fees, and transferring and receiving funds between wallets is completely free.
Not Available in the US
Bit2Me is a Spain-based cryptocurrency exchange that is supported in a large number of countries across 5 different continents. Most of the supported countries are located in Europe, making it a great choice for users in the region.
Unfortunately, Bit2Me reviews reveal that users in the United States of America won’t be able to use the exchange. Despite rumors of Bit2Me not being available in Canada, the country is listed on the company’s official website as a supported country. Unfortunately, the same cannot be said for the US.
The US has very strict and often confusing rules and regulations regarding cryptocurrencies and their trading, and these regulations are especially stringent when it comes to foreign, off-shore exchanges such as Bit2Me. As a result, US citizens may find it difficult to access and use Bit2Me.
Exchange platforms operating in the crypto space have been struggling to establish a presence in the United States due to the ever-changing regulations and policies surrounding cryptocurrencies. This has become increasingly difficult for those not based in the country.
How to Use Bit2Me?
If you’ve decided that Bit2Me is the right crypto exchange solution for you, then you’re in luck. Here, we’ll walk you through the registration process and discuss some of the features that make Bit2Me a great choice for those looking to buy and sell cryptocurrencies.
How to Register on Bit2Me?
- Visit Bit2Me’s official website.
- Create an account now by clicking the “Sign Up” button in the top-right corner of the screen.
- Create a password and enter your email address to get started.
- Verify your email address by going to your email inbox.
- Once you’ve verified your email address, you can proceed to verify your phone number and identity. However, these processes can be skipped for now, allowing you to explore the exchange interfaces without being able to do anything.
Registering with Bit2Me is quick and easy, but you must confirm and verify your information to use the available features. To do this, you must confirm your email address, phone number, and pass the KYC verification process.
How to Fund Your Account / Purchase Crypto on Bit2Me?
Once you’ve completed your registration in full, you’re ready to take the next step and purchase some cryptocurrencies. This involves two steps – first, you’ll need to fund your account with fiat currency.
- To get started with Bit2Me, you’ll need to fund your account. You can do this quickly and easily with a credit or debit card, although this may be more costly than other methods. Alternatively, you can add funds to your Bit2Me app via a bank transfer.
- Once your money transfer has been confirmed, the funds will appear in your fiat wallet. To purchase cryptocurrency, simply navigate to the “Buy” section of the website and select the desired cryptocurrency.
- Once you’ve selected your cryptocurrency and entered the required amounts into the exchange, you’ll need to select your payment method. As you’ve already funded your account, you can pay with traditional fiat currency.
- To acquire crypto coins, you’ll need to select a wallet to transfer them to. You can either enter a wallet address of a product you already own, such as the Ledger Nano X or Trezor Model T, or transfer the coins to a dedicated, multi-currency Bit2Me wallet.
Conclusion
Bit2Me is a veteran cryptocurrency exchange platform that offers its users a wide range of features, including top-tier security, customer support, and a large selection of coins and tokens. With its extensive list of benefits, Bit2Me is certainly worth considering for those looking for a reliable and secure exchange.
Bit2Me is more than just an exchange, offering a debit card accepted at over 10,000 ATMs across Europe, a multicurrency wallet, a mobile app, a business account option, and much more. Additionally, the Bit2Me Academy provides educational resources to help users learn more about cryptocurrency.
Bit2Me also offers a wide range of features and services, making it a great choice for those who don’t plan to be active day traders. Although the fees may be on the higher end of the spectrum, the exchange provides a great value for the services it offers.
If you’re a crypto enthusiast based in the US, you should consider some of the industry-leading exchanges available. However, if you’re looking to try out a new exchange, you should definitely consider the one in question.
Disclaimer: Cryptocurrency trading involves significant risks and may result in the loss of your capital. You should carefully consider whether trading cryptocurrencies is right for you in light of your financial condition and ability to bear financial risks. Cryptocurrency prices are highly volatile and can fluctuate widely in a short period of time. As such, trading cryptocurrencies may not be suitable for everyone. Additionally, storing cryptocurrencies on a centralized exchange carries inherent risks, including the potential for loss due to hacking, exchange collapse, or other security breaches. We strongly advise that you seek independent professional advice before engaging in any cryptocurrency trading activities and carefully consider the security measures in place when choosing or storing your cryptocurrencies on a cryptocurrency exchange.
