Bit2Me to onboard 100k blocked crypto investors from 2gether exchange

Following a recent agreement between the two crypto exchanges, Bit2Me has announced plans to involve 2gether’s 100,000 crypto investors.

On July 10th, Spanish Cryptocurrency Trading Platform 2 shut down its free trading service because it could not justify the associated operating costs due to the crypto winter. Instead, the user was charged 20 for maintenance.

Providing relief to recently exiled crypto investors, Bit2Me has reached an agreement with 2gether to onboard users at no charge. This allows users to move their holdings and resume trading activities. In addition, Bit2Me has decided to refund 20 euros to users after successful onboarding.

Bit2Me signs a contract with 2gether to allow all users to continue trading at no additional cost.

For this purpose, we will refund a commission of 20 to all customers who transfer cryptocurrencies to Bit2Me. pic.twitter.com/ogj4NyiGc8

Bit2Me Global (@ Bit2Me_Global) July 13, 2022

To reassure Spain’s commitment to the crypto market, Bit2Me CEO and co-founder Leif Ferreira said:

“The world of cryptocurrencies and blockchain technology is the key to our present and future, so we want to be on the side of 2gether users who want to maintain a link to the crypto ecosystem.”

Related: Binance gets VASP registration of Spanish subsidiary from Bank of Spain

The Bank of Spain recently registered Binance’s Spanish subsidiary, Moon Tech Spain, as a Virtual Asset Service Provider (VASP), allowing exchanges to offer crypto trading services in the region.

Binance CEO Changpeng CZ Zhao Emphasizing the importance of effective regulation for the widespread adoption of cryptocurrencies, he added:

We have invested heavily in compliance and have implemented AMLD 5 and 6 compliant tools and policies to keep the platform the safest and most reliable in the industry.