Bit2Me, a number one Spanish cryptocurrency platform, has introduced the launch of Bit2Me Earn, a brand new service that provides rewards of as much as 20% within the type of cryptocurrencies to crypto holders on the only real situation that they switch and retailer them. Bit2Me Earn can be obtainable beginning on January 1st, 2022.
Initially, Bit2Me Earn can be obtainable to be used with cryptocurrencies together with B2M (Bit2Me native token), Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), USD Coin (USDC), and Tether (USDT). The vary of cryptocurrencies is meant to be expanded over the approaching months.
The service features with cryptocurrencies, together with stablecoins, and is totally freed from cost with the liberty to withdraw or add cryptocurrencies at any time. Bit2Me Earn brings as much as 20% in rewards in conventional cryptocurrencies and as much as 300% annual proportion yield (APY) in B2M, the native cryptocurrency originated for the Bit2Me ecosystem.
It’s a service much like cryptocurrency staking, an idea that refers back to the motion of holding crypto cash in a pockets to assist the safety and operations of a blockchain community. In change for this, the consumer receives rewards in cryptocurrencies.
CEO of Bit2Me Leif Ferreira commented:
“Bit2Me has included two key figures within the trade, the previous President of Mastercard, Baldomero Falcones and the previous CEO of Coinbase Europe, Zeeshan Feroz. Along with them, we designed the very best service on this planet on this side. An entire service with which, not like the competitors, customers can actually generate cryptocurrencies with one easy click on, with out doing something. Simply by storing their cryptocurrencies within the Bit2Me pockets. All that is provided by Bit2Me, a European firm, clear, with phone assist in seven languages, and the potential for including funds in cryptocurrencies but in addition by financial institution switch and card from greater than 110 nations all over the world. We’re actually pleased with the end result achieved by our group of greater than 150 individuals. And that is simply the primary model of the service.”
Staking With B2M
In the course of the public token sale launch of its B2M token this summer time, Bit2Me raised €17.5 million, plus €2.5 million in an earlier non-public spherical. This complete of €20 million can be invested within the progress of the corporate.
All Bit2Me customers staking with the B2M token can be robotically taking part within the B2M Farming Pool. This function permits customers to generate higher rewards with their tokens. Along with staking, B2M holders can entry different advantages simply by holding their tokens on the platform. For instance, B2M permits customers to entry bonuses of as much as 90% on charges for operations inside the Bit2Me platform.
Likewise, the corporate’s utility token will permit its holders to take part in governance consultations and can unlock new options and utilities inside the platform over the approaching months. B2M may also combine with the Mastercard cryptocurrency debit card, which is quickly to be launched.