Bit2Me, the leading digital asset company in the Spanish-speaking market and registered with the Bank of Spain, has announced today the launch of Bit2Me Loan, a new digital asset-secured lending service that allows users to access up to 1 million euros instantly and without selling their assets. This service is integrated into the Bit2Me product suite and responds to the growing demand for liquidity in the digital asset market.
The system Bit2Me Loan It is based on a model of overcollateralization, which means that users must have an amount greater than the value of the loan requested in different proportions depending on the digital asset provided as collateral. This approach offers non-bank financing with advantages such as: immediate loan approval without the need for credit studies or paperwork, thus reducing bureaucracy and speeding up access to funds.
To Leif Ferreira, CEO and founder of Bit2Me“With Bit2Me Loan, we are democratising access to liquidity for everyone, allowing both individuals and companies to take advantage of their digital assets without having to sell them. This service is another step towards the integration of cryptocurrencies into the traditional financial system, offering a fast, secure and efficient alternative.”
To Álvaro Duran, Managing Director of Bit2Me Loan, "Bit2Me Loan represents an evolution in the way users can access financing. We have designed this service to be accessible and efficient, eliminating bureaucracy and allowing our clients to obtain immediate liquidity from their digital assets, all under a solid regulatory framework.”
Advantages and features of Bit2Me Loan
Bit2Me's new service stands out for its accessibility, speed and transparency. Its main features include:
- Immediate approval and availability: Loans are requested directly from the app and do not require prior approval and are available instantly, as long as the user has the necessary collateral in their digital wallet.
- No opening or cancellation fees: Users can repay the loan at any time, with no additional charges for early repayment.
- Tracking: Through the Bit2Me app, clients can monitor the status of their loans and the evolution of their collateral on an ongoing basis.
With Bit2Me Loan, the company allows you to access liquidity quickly and without having to sell your digital assets, an option that benefits both individual users and companies in the sector B2B/OTC in search of non-bank financing alternatives. Bit2Me Loan also falls within the European regulatory environment, offering legal guarantees and a high level of legal security to its users.
Bit2Me Loan Use Cases and Potential
Possible uses of this service include financing real estate projects, acquiring digital assets or obtaining liquidity for personal and business purposes. Bit2Me Loan allows, for example, obtaining funds to pay the down payment on a home, finance the expansion of a business or diversify a traditional or digital investment portfolio without having to sell cryptocurrencies.
