Bitcoin-to-Cash Service Bit2Me Cancels Fees to Stay Competitive
Bitcoin-to-cash service Bit2Me has cancelled its commission fees in a bid to remain competitive in the Spanish market. The announcement follows on from BTCPoint, another withdrawal service which launched earlier this month with zero commission fees. Previously, Bit2Me charged its users a 1% commission fee per transaction, raising some concerns among Spain's bitcoin community. Daniel Diez, business development manager at Bit2Me, attributed the decision to a shift in focus from monetisation to short-term growth, adding: "Our main priority is to offer the best possible service. We were the....
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Bit2Me known as Bitcoin-to-cash service has recently withdrawn its transaction fees in order to stay distinctive from the competitors in the Spanish market. From BTCPoint, more news came to attention that also brought with zero commission fees for providing ease to the respected customers. In earlier times, the commission fee per Bitcoin to cash transaction charged by Bit2Me was 1% in the community of the Spanish market. The Business Development Manager of Bit2Me known as Daniel Diez made a surprising initiative for customers: "Our primary concern is to provide the service in the best....
Article has been updated with fee information. Bit2Me has launched an app that enables its users to convert bitcoins into euros at more than 10,000 ATMs across Spain. The Bit2Me mobile and desktop app taps into the existing ATM infrastructure using Hal-Cash, a bank service that allows users to send money to any mobile phone to be withdrawn from an ATM. Bit2Me hopes to facilitate widespread access to digital currency in Spain by offering rapid fiat currency conversion. Leif Ferreira, Bit2Me founder, said: "Bit2Me is an easy way for new users to probe cryptocurrencies by converting bitcoin....
Following the tour de force made by an Ukranian startup that converted thousands of regular ATM into Bitcoin ATMs, a Spanish startup used the same procedure to convert 10,000 ATM across Spain. Smart-Thinking. One wise entrepreneur once said: "Why should we reinvent the wheel?" This consideration is fully integrated in Bit2Me's culture, so that they didn't spend a lot of money to build Bitcoin ATMs from scratch. Instead, Bit2Me exploited for Hal-Cash ATMs, which are revolutionary in themselves. Indeed, this original service enables you to send money to someone else's mobile phone, which can....
Bitcoin-to-cash withdrawals are now available at 10,000 additional bank ATMs in Spain. The development is the result of agreements between BTCPoint, major national bank Banc Sabadell and Hal-Cash that will see the bitcoin service integrating with Banc Sabadell, Banco Popular, Abanca and EVO Bank units. "Once you send your bitcoin to our address, you'll receive a text message with a code and with that code you can go to any ATM and receive cash right away," co-founder and COO Alex Lopera explained, adding that customers don't need to have a credit card or account with the banks in order to....
Bit2Me has launched an investment vehicle with a special focus on blockchain technology and cryptocurrencies. This was announced through their official website, with a statement in which the first words were: “Attention, we are looking for projects to invest in!” Bit2Me stated that they know firsthand the difficulties in the beginning of a startup, and the […]