Bit2Me, the first company recognized as a virtual currency service provider by the Bank of Spain, launches the world's largest Bitcoin APY in its Bit2Me Earn service. This service allows Bit2Me users to earn rewards in cryptocurrencies in exchange for keeping them in a wallet, thus helping to strengthen the security of a blockchain network.
This new Bit2Me Earn utility will be available from August 10, allowing B2M users and holders to earn Bitcoin as a reward for staking (leaving cryptos in a certain wallet to earn rewards) their B2M, Bit2Me's utility token.
Furthermore, both Leif Ferreira, the CEO of Bit2Me, and Íñigo Gastón, the company's head of crypto alliances, explain that in the current context of turmoil, it is the perfect time to offer a novel, but also safe and reliable service in the crypto sector and aimed at all those users looking to accumulate Bitcoin. According to Ferreira, “This new B2M utility will offer the largest Bitcoin rewards in the entire industry.”
Gastón also stressed that this represents a turning point in the staking services available on the market, as Bit2Me will be the first exchange in the world to offer rewards in Bitcoin for staking its native token. Bit2Me Earn is a service that has not stopped growing since it was launched in January 2022. This service offers rewards in the form of cryptocurrencies of up to 20 percent and is a unique alternative to traditional banking operations, having reached 39 thousand users and 41 million euros.
Why can Bit2Me offer the highest APY in a 100% secure way?
Thanks to the work carried out since the token launch, Bit2Me can now offer this record-breaking Bitcoin APY. How will Bit2Me do this? The cornerstone will be the B2M Farming Pool, managed internally by Bit2Me. This Farming Pool is the one that will distribute a total of 100 million B2M, and thanks to its technology it is possible to carry out an internal swap for which they assume the costs to obtain that 9,5% APY in Bitcoin in a totally secure way.
In addition, as an extra layer of security, Bit2Me Farming Pool funds are always stored in cold wallets secured thanks to the agreement with Ledger Enterprise. This technology associated with Bit2Me uses a combination of hardware, firmware and software that provide a new security layer to Bit2Me, while eliminating any possibility of a “man-in-the-middle” attack.
