Bit2Me integrates Polygon to offer affordable deposits, one of the most requested functionalities

Source : cryptodaily.io

The #1 Spanish exchange has started this integration by allowing deposits and withdrawals for the 10 most relevant tokens, such as wETH, MATIC, USDT or B2M, and will add such functionality to the rest of their more than 100 available tokens.

Bit2Me announces the launch of the Polygon blockchain integration for Bit2Me Wallet, a scalability solution for Ethereum that will bring new and exciting advantages for its users. Thanks to the high versatility of the network- and specially its minimal transaction fees, it allows their users to send funds and enjoy products such as Bit2Me Earn or Bit2Me Launchpad. 

From now on, Bit2Me users will be able to deposit and withdraw AAVE, DAI, BLOK, LINK, MATIC, SUSHI, USDC, USDT, wETH, and B2M via the Polygon Network, and in the coming weeks they will be adding the mentioned functionality to the rest of the available tokens.

Polygon is a scalability project that enables decentralized apps to run on a blockchain with much lower fees, faster speed, and better interoperability compared to the Ethereum network. The Polygon network uses Proof-of-Stake for its sidechain and Plasma smart contracts for the sidechain’s link to the Ethereum mainnet. Its infrastructure allows for greater network scalability and a much lower cost per transaction, enabling them to reach the top 15 of public blockchain protocols with an average of 3.4 million transactions per day (May ’22).

By implementing this new integration into the Bit2Me wallet, users will have an alternative solution to the currently overloaded Ethereum network. It will be an excellent opportunity for Bit2Me to attract new users to start using the suite’s services, and an access gate to their users to a continuously growing ecosystem of web3 projects and dapps.

For Bit2Me users, this integration brings the possibility to deposit via the Polygon network for lower costs and take advantage of services such as Bit2Me Earn, where anyone can obtain up to 20% APY, or Bit2Me Launchpad, where users can participate in one of the most relevant token launchpad of IDOs.

Bit2Me’s goal is to implement easy solutions to reduce time, effort and high fees for its users to further drive crypto adoption, so Polygon’s integration is a natural step in that roadmap. Bit2Me has over 450,000 users in over 100 countries, and in 2021 reached a volume of €1.1 billion. Their plan is to continue expanding,especially in LATAM.

With this integration, Bit2Me users can now begin to transfer the top 10 crypto assets ,and over the next month they will be able to deposit and withdraw the rest of the more than 100 supported tokens. 

It is also worth noting that Bit2Me has chosen Polygon as their first commit chain integration, before the rest of the blockchains that will be integrated after Polygon, as it is one of the most demanded features by our B2M Holders community.

In the coming months, Bit2Me also has Bit2Me DeFi planned in its roadmap as a new self-custodial wallet that will have Polygon and many of the Web3 dapps integrated by default.

About Bit2Me

Bit2Me is an industry-leading company in the cryptocurrency sector in Spain, recognized by the Bank of Spain as a virtual currency service provider. Its suite of services incorporates more than 20 solutions to buy, sell and manage virtual currencies and euros easily and securely from one single place. The company has individual, professional, and corporate customers in more than 100 countries, and in 2021, it had a transacted volume close to €1.1 billion, multiplying about 10 times the sum of all previous years.

At the end of September 2021, Bit2Me launched an ICO through B2M, its own utility token, in which it managed to raise €17.5 million in less than three minutes, a record figure both in terms of volume and fundraising time. In addition, to this amount must be added the €2.5 million raised in a previous private round (totaling €20 million). B2M tokens can be purchased from the Bit2Me website since November 1. Holders of the required balance in B2M tokens will enjoy up to 90% bonuses on transactions in Bit2Me Wallet, among many other advantages and exclusive features in Bit2Me Suite services.

Bit2Me was founded by Leif Ferreira, current CEO of the platform, and Andrei Manuel, Co-Founder and COO. The company currently has a staff of 200 people, including highly specialized profiles such as Zeeshan Feroz, former head of all Coinbase operations outside the United States; Rodolfo Carpintier, entrepreneur and key Internet figure in Spain, as well as investor in Tuenti and BuyVIP, companies later acquired by Telefónica and Amazon; Pablo Casadio, investor with more than 20 years of international experience in various fields of FPA & BD for the Otis Group, FSO at E&Y and Capital Markets at PWC; and Koh Onozawa, entrepreneur and director at Docuten. One of Bit2Me’s first initiatives was the creation of Bit2Me Academy, which has trained 3 million students in the last year. Bit2Me Academy is currently the largest cryptocurrency training portal in Spanish, with more than 400 free articles, certified courses, and videos for those interested in learning about the birth, operation, and evolution of cryptocurrencies and the blockchain world.

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About Polygon

Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon’s scaling solutions have seen widespread adoption with 37,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.

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