Spanish cryptocurrency company Bit2Me (B2M) has come to an agreement with the company also dedicated to the intermediation of crypto assets Bitfinex to incorporate its digital asset, B2M, to its platform, as reported by the company.
This agreement allows users of Bitfinex, one of the world’s largest digital asset trading platforms by transaction volume, to purchase the B2M cryptocurrency starting April 7. B2M is the digital asset that Bit2Me launched last summer, when it raised €20 million through an initial cryptocurrency offering (ICO) and a private pre-sale.
Bit2Me obtained registration with the Bank of Spain on February 17, becoming the first Spanish company to be recognized by the central bank as a virtual currency service provider. This platform offers service in more than one hundred countries and recorded a turnover of more than €1.1 billion in 2021.
The crypto asset has a smart contract, a computer program or a transaction protocol which is intended to automatically execute, control or document legally relevant events and actions according to the terms of a contract or an agreement. The objectives of smart contracts are the reduction of need in trusted intermediators, arbitrations and enforcement costs, fraud losses, as well as the reduction of malicious and accidental exceptions.
According to the token’s website, some of the benefits of holding B2M are that it is a utility token that allows users access to special features within the product suite of Bit2Me as well as products and services offered by our current and future partners, airdrops, discounts on the platform, academy courses, cashbacks, notifications and voting on upcoming cryptocurrency listings, voting on app features and staking.According to CoinMarketCap, at the moment of writing this article the price of Bit2Me is US$0,026042 with a 24-hour trading volume of US$277.068. The token is currently ranked number 3820 in CoinMarketCap’s ranking. The circulating supply is not available, but the maximum supply is 5.000.000.000 B2M coins.