November 26, 2022

Crypto exchange Bit2Me launching native B2M token with September token sale

4 min read

Spain-based bitcoin/crypto exchange platform Bit2Me has actually revealed the launch of B2M, its native token. In the last step before the public sale, set to take place beginning on September 6th, the business just recently finished a seed financing round amongst private investors in which it has actually raised EUR2.5 million.

Bit2Me supports 50+ cryptocurrencies on its platform, including Ethereum, Cardano, Polkadot, Dogecoin, and Uniswap. Besides cryptocurrencies, its wallet supports euros. Since its founding, Bit2Me has actually performed operations worth more than EUR1 billion and has active customers in more than 100 nations.

A total of 5 billion tokens with a nominal value in between EUR0.01 and EUR0.002 per token will be offered. The public issuance will start on September 6th, 2021, and end on September 30, 2021. The tokens can be bought through Bit2Me’s site, where the token’s whitelist and whitepaper can be accessed.

Token Attributes

Holders of the required balance of B2M tokens will enjoy a discount of approximately 90% on services such as exchanges in Bit2Me Wallet and Bit2Me Trade, legal tender deposits and withdrawals, Bit2Me Card issuance and use, training at Bit2Me Academy, blockchain transfers, and OTC trading.

In addition, users will have the ability to pay the used charges with their B2M token balance. By doing so, they will get an even higher discount rate on each Suite fee. A combined charge scheme will be executed in between the quantity of B2M tokens held and the volume sold the last 30 days.

Also, crypto-assets may be provided to third parties in exchange for the matching return. These users will acquire advantageous conditions on this service if they decide to gather these returns in B2M token. Moreover, users who make buy from Bit2Me partners with their card will be repaid a portion of the purchase at the end of the month. This portion will be higher for those users who have tokens in their balance and want to receive this refund in tokens.

Governance and Advantages for Token Buyers

Bit2Me may consist of the functionality to use the B2M token to allow users to vote on Suite functions, such as new cryptocurrencies, including merchants to the marketplace, debit cards refunds. On the other hand, access to a few of the new cryptocurrencies and features in the Bit2Me suite might be provided initially to token holders, along with to airdrops from partner projects that seek to work with Bit2Me’s user base.

Token Sale Phase

Distribution:1st Phase

  • Offering 1:10%
  • 2nd Phase Offering 2 :10%
  • 3rd Phase Offering 3 : 5%Team:10%
  • Platform Reserve: 30%Private Seed Round:10%
  • Advisors:8%
  • R&D Ecosystem: 7&% Airdrops:2 %
  • Partners:8 %
  • Token Information:Name
  • : Bit2Me Token Sign

    • :B2M Blockchain:
    • Ethereum(ERC-20) Max
    • . Supply:5,000,000,000 Eventual burn
    • occasions of tokens owned by Bit2Me Investment in
    • R&D and Expansion Bit2Me will utilize a considerable part of the

    cash raised to grow the R&D team to use improvements through its services Suite. This generally consists of recruiting experts and developers,&technical patents, and the protection of copyright rights. In this method, the business will be able to include new procedures and blockchains to its ecosystem in a nimble and expedited method. Another Bit2Me goal likewise consists of the expansion of its design to other geographical locations to build the ecosystem and offer business value in Spain, the European Union, Latin America, and Africa. In addition, Bit2Me will designate resources to advertise its tools and to distribute cryptocurrency technology to let users understand its advantages and to attain brand recognition. Another vital part of the funds raised will be utilized in sizing the sales and operations teams. Experienced Team Bit2Me is consisted of an extremely certified staff, which was simply recently re-inforced with the addition of Zeeshan Feroz as a tactical consultant.

    Zeeshan has extensive experience in

    the world of cryptocurrencies. He was accountable for establishing and growing Coinbase’s service outside the US; and now works closely with Leif Ferreira, Co-Founder, and CEO of Bit2Me, and Andrei Manuel, Co-Founder of the platform. Others that are part of the Bit2Me team consist of Rodolfo Carpintier, entrepreneur and internet figure in Spain; along with a former investor in Tuiter and BuyVIP(companies obtained by Telefonica and Amazon). Likewise on the group are Pablo Casadio, a financier with more than 20 years of international experience in numerous fields of FPA & BD for Otis Group, FSO at E&Y, and Capital Markets at PWC; plus Koh Onozawa, entrepreneur and director at Docuten.”After adding more than 20 options to our Suite and having actually outdone ourselves year after year given that 2015; we’ve taken the decision to go one action further. The Bit2Me(B2M)token marks a juncture in

    our profession, driving us towards our objective, to bring cryptocurrencies better and offer crypto info and management options that are simple to understand and accessible to everyone. We keep working for you since thanks to your support our task makes good sense. Thank you for choosing us!”– Leif Ferreira, CEO of Bit2Me The post Crypto exchange Bit2Me launching native B2M token with September token sale appeared first on CryptoNinjas.