Bit2me: Securely buy and sell Bitcoin and altcoins

Demand for cryptocurrencies is on the rise and many digital currency traders are looking for platforms that offer fast services, secure and trading fees are at rock bottom. If this describes you, then you have come to the right place. I have tried several platforms where I can buy and sell digital assets from the comfort of my home or on the go in a transparent environment.

After trying several crypto trading platforms, I have developed an interest in Bit2me. The App is my best choice when it comes to converting crypto to fiat anytime, anywhere as long as my smartphone is connected to the internet. What’s more; it supports most popular digital coins by market capitalization.

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Image Credit: Bit2me

Bit2me Overview

Bit2me is a crypto trading platform that is popular in Spain. However, it is not geo targeted to the Spanish trader; it is a global outfit which is available in over 41 countries. Its popularity is based on its flexibility; you have a wide choice between the different methods or making payments as well as receiving funds.

The platform visibility has spread across Europe and America since its launch in 2014. Bit2me operates like a typical exchange offering most major digital assets. However, it goes a notch higher to offer a wide range of payment options.

Transactions on the platform can be done through the official Bit2me website or through partner ATMs; Hal-Cash. However, I would recommend using the online interface since the partner ATMs are not widespread.

Currencies Supported by Bit2me Ecosystem

As a Bit2me user, you have a wide choice of digital assets that you can transact. What drew my attention is that I could use my credit/debit card or bank transfer to purchase crypto of my choice on the ecosystem. Transaction fees are however depended on the method you use.

Major digital assets that are supported by the platform include and not limited to;

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Dash (DASH)

Benefits of Using Bit2me Exchange

One of the benefits of using Bit2me exchange is the ease of use. The platforms’ interface is very easy and ideal for the new as well as the old trader.

It is an easy gate-way from the fiat economy to crypto world. It is a good app especially for traders looking for an exit route from the two economies.

It offers two options for onboarding traders. You can use debit or credit cards or use the Hal-Cash ATMs if you want to trade anonymously. With the ATM option, you do not compromise on your credit/debit card information.

Bit2me offers a wide range of cryptocurrencies. What’s more; the Bit2me DEX gives you total control over your digital assets. The DEX supports a good number of utility and security tokens.

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Image credit: Bit2me

Bit2me Exchange Fees

When buying on the Bit2me exchange, you need to consider how long it takes for the transaction to complete. The platform offers three transaction fee options which come with their set limits. These include bank transfers, credit/debit card or TIKEBIT.

Choosing bank transfer means you need to wait for 24 hours before the funds hit your account. Remember, this option requires proof of payment through an email to the Bit2me support team.  This is made worse if the transaction falls on a weekend when banks are not working. If you are using a credit or debit card, it might take up 25 minutes but with the TIKETBIT option, transactions are instant.

Credit and debit cards attract a variable fee of 3% and 2.5% respectively while for the bank transfer there is no variable fee.

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Customer Support

Bit2me has a robust customer service feature. You can access the service through their email or filling out their contact form. However, the response might days. The support team is available from Monday to Friday 08:00-19:00 hours.

The support team supports several languages including Spanish and English.

Bit2me Pros and Cons

Pros

The Bit2me interface is easy to use. Both the experienced and newcomer into the crypto verse can navigate through, create and account, fund it and trade with ease.

The platform seamlessly connects the fiat and digital economies. It presents the ideal entry point into the digital money market for the adorer.

Bit2me exchange is quite flexible and convenient. It offers a wide range of buying options including bank transfers, cash trades through ATMs, credit and debit cards and major cryptocurrencies.

Cons

As opposed to their official website, the platform is not yet “global”. It is only available in Europe and America. Their ATMs and points of sale are not widespread as well.

The platform is too slow on bank transfer transactions.

Conclusion

Overall, the Bit2me platform is a must use for those looking for straightforward crypto exchange.  However, the limitation on global visibility is an issue that may keep many crypto enthusiasts at bay.  The ease of use and support for fiat currencies and major digital assets are a major plus.

Ease of Use Value for Money Verification Customer Support Interface
Good Average Less than a Day Average Beginner Friendly

It is however important to check the countries and currencies Bit2me supports before participating on their ecosystem.  Otherwise it is a good platform for trading in crypto and fiat and an ideal remittance tool.