Madrid-based cryptocurrency exchange, Bit2Me, has made a bold move in the digital asset world with the launch of its new debit card, the Bit2Me Card. As the first firm to be acknowledged as a virtual currency provider by the Bank of Spain, Bit2Me is poised to change the way traditional investors approach and use cryptocurrency.
Mastercard Network Meets Crypto Payments: Bit2Me Card Takes the Lead
The Bit2Me Card, which operates on the Mastercard network, offers a whopping 9% cash back on every purchase, making it one of the highest cashback rates in the market. This Mastercard debit card enables crypto payments at over 90 million businesses worldwide and can be easily accessed through mobile devices, including NFC-enabled smartphones and smartwatches.
With the ability to link to eight cryptocurrencies, including B2M, BTC, ETH, ADA, XRP, SOL, DOT, and USDT, the Card allows seamless switching between crypto wallets at any time.
The proprietary software enables users to choose the preferred currency for each payment and make direct payments from their accounts. The company has plans to add more currencies in 2023, further increasing the options for customers to make international payments.
Additionally, the Card offers the convenience of traditional currencies, with instant online payments and cash withdrawals at ATMs, without the need for prior manual exchange on the Bit2Me app. The Card also features a range of security features, including the ability to lock and unlock the Card, set usage limits, and NFC-related safety support.
Leif Ferreira, CEO and co-founder of Bit2Me, expressed his admiration for the arduous yet fulfilling journey of creating the Card.
He stated that a team of numerous experts had been instrumental in the project’s success, which took two years to complete. The result was discovering a solution that bridged the gap between cryptocurrencies and the Mastercard payment network.
Andrei Manuel, COO and co-founder of Bit2Me, shared his excitement about the mission of the company:
Our goal is to bring the use of cryptocurrencies closer to everyone. The Bit2Me Card allows you to easily and quickly use your cryptocurrencies in your daily life, whether at physical or online stores.
With its instant payment technology and mobile capabilities, it is a major leap forward in the cryptocurrency world. As digital assets continue to gain momentum in the fintech industry, Bit2Me’s debit card is the ideal option for traditional investors looking to make the most of their crypto holdings in the real world.
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