The Bit2Me team celebrates the second anniversary of its B2M token with big announcements in a YouTube live stream, clarifying the future of Spain's largest cryptocurrency exchange.
Bit2Me, the largest cryptocurrency exchange in Spain, announced via a live stream on YouTube that it had carried out a 2% burn of its B1M token along with a whole series of new features and decisions in line with becoming “The Good Exchange”.
The Live, which featured the participation of Bit2Me CEO and co-founder Leif Ferreira, Co-CEO Koh Onozawa, Javier Pastor and Giovanny Montealegre, served to update Bit2Me users on the decisions and the course to be followed by the exchange in the midst of a crypto market that is becoming increasingly stronger.
The Live event also served to strengthen the connection between the community and the management of the Spanish exchange, which has gradually been strengthening its presence in the Spanish crypto sector, while expanding its services to Europe, Latin America and the Middle East.
B2M, a multiple-use token
At the Live, the main protagonist has been the B2M token. Let us remember that B2M is a utility token created by Bit2Me to support the growth and development of its set of cryptocurrency solutions. It was launched after a successful ICO (Initial Coin Offering), in which the company raised €20 million in less than three minutes.
The token is intended to offer a number of unique benefits to its HODLERs such as early access to new Bit2Me projects, better staking rewards, and bonuses of up to 90% for transactions on the platform. Additionally, Bit2Me offers rewards for the B2M token through Bit2Me Earn, with up to 20% and an APY of 10,27%, providing a user-friendly service with security measures to reduce associated risks.
In response to this, Bit2Me Co-CEO Koh Onozawa commented:
The utility of B2M can be seen in two very clear points as a HODLer: first, it allows you to save more money when you perform swap operations, and second, if you use it in Earn, it allows you to obtain more rewards.
Betting on being “The Good Exchange”
Another highlight of the Live was the concept of “The Good Exchange” which the Bit2Me team has said is the “pillar of their development as an exchange.” Remember that a “Good Exchange” in the crypto world refers to a reliable and secure cryptocurrency exchange. These exchanges must be registered, have a physical address and offer a customer service number. In addition, they must implement security measures such as two-factor authentication and cold storage.
Bit2Me is a cryptocurrency exchange based in Spain that was founded in 2014 and has been in continuous operation since then. The company offers a wide range of services, including cryptocurrency trading, staking, lending, and custody.
Security before everything
But beyond all this, Bit2Me is considered a good exchange for several reasons. Firstly, because it offers security. Bit2Me has a high level of security, which includes measures such as cold storage of funds, two-factor authentication and data encryption. Cold storage of funds means that users' funds are stored on secure physical devices that are not connected to the Internet. This reduces the risk of funds being stolen in the event of a cyber attack.
Additionally, it features two-factor authentication (2FA), which is an additional layer of security that requires users to enter a verification code in addition to their password to log in. This helps protect users' accounts from brute force attacks.
Variety of services
Another point that makes Bit2Me a “Good Exchange” is the variety of services it offers. Bit2Me offers a wide range of services, including cryptocurrency trading, trading, staking, lending, and custody. Cryptocurrency trading is one of Bit2Me’s most popular services. The company offers a wide range of over 240 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.
Good customer support
Finally, another important factor is that Bit2Me offers good customer support, which is available via live chat, email, and phone. Live chat is a quick and easy way to get in touch with the Bit2Me support team. Email is a good option for more complex queries. Phone is a good option for urgent queries.
Reservation tests
In addition to this, Bit2Me CEO Leif Ferreira has commented that «Bit2Me is the first crypto company in the world to be audited more than 5 times, by external auditors (such as BDO) and on a completely voluntary basis.»
Leif also added that they are waiting for the Proof of Reserve report from the company. Chop, one of the companies specialized in this type of analysis. This makes it clear that Bit2Me not only continues to promote innovation in its services, but also transparency in pursuit of the security and peace of mind of its users.
Continue reading: B2M holders can now get the highest Bitcoin APY on Bit2Me Earn
