Bit2Me, the first cryptocurrency exchange in Spain recognized by the Bank of Spain as a virtual currency service provider, has launched a new Mastercard debit card. The card offers up to 9% cash-back to its users, the highest currently available in the global crypto market. With the Bit2Me card, users can pay for goods and services with Bitcoin and other cryptocurrencies at over 90 million businesses worldwide. The card is available both in physical and digital form and can be used on mobile devices.
The card enables payments with eight cryptocurrencies, namely B2M, BTC, ETH, ADA, XRP, SOL, DOT, and USDT. It also allows for cash withdrawals at ATMs 24/7 around the world. Thanks to its active software that allows easy switching between crypto wallets, users can choose which cryptocurrency to use for payments instantly. All purchases made with the Bit2Me card, online or in-store, are eligible for up to 9% cash-back, which is paid in various cryptocurrencies.
The team behind Bit2Me had been working on the project for two years to connect cryptocurrencies to the Mastercard payment network. The technology was developed to allow customers to use cryptocurrencies to pay for goods and services instantly and transparently for businesses. Leif Ferreira, the CEO and co-founder of Bit2Me, said that the company’s mission is to bring the use of cryptocurrencies closer to everyone. Bit2Me Card allows users to use their cryptocurrencies quickly and easily in their day-to-day life.
Bit2Me raised €17.5 million in an ICO it launched through its utility token, B2M, in September 2021. The company has a team of over 200 people and has individual, professional, and corporate customers in over 100 countries. The company also runs The Bit2Me Academy, the largest cryptocurrency training portal in Spanish, with more than 400 free articles, certified courses, and videos.