Bit2Me, the premier Spanish exchange and the pioneer recognized as a virtual service provider by the Bank of Spain, has finally launched its much-anticipated debit card. The Bit2Me debit card operates on the extensive Mastercard network, making it possible for users to make crypto-stablecoin payments at over 90 million businesses worldwide, as well as receive up to 9% cash back on all purchases.
This debit card can be utilized both in-store and online through the use of NFC-enabled mobile devices such as smartphones and smartwatches. Currently, the card supports 8 leading cryptocurrencies, with more to come in the future. Currently, users can pay for goods and services with B2M, BTC, ETH, ADA, XRP, SOL, DOT, and USDT securely and easily.
Both the Android and iOS versions of the app offer seamless switching between multiple crypto wallets, making it effortless to pay in multiple currencies. Bit2Me aims to add support for more digital currencies throughout 2023, allowing even more users to enjoy the perks of the card.
Bringing cryptocurrency and Mastercard together was not a simple feat, as Bit2Me’s CEO and co-founder, Leif Ferreira explains.
“Dozens of professionals have been involved in this project, and after two years of work, we have found the key to connect cryptocurrencies to the Mastercard payment network. To do this, we had to modify the transaction flow (which is part of the international card payment protocol) so that customers can use cryptocurrencies to pay instantly and transparently for businesses. Moreover, we have managed to add up to 9% cash back on purchases,”
Bit2Me is dedicated to providing a seamless and secure experience for its cardholders, much like a traditional fiat debit card. Unlike other crypto cards, Bit2Me’s card allows for cash withdrawals at ATMs and instant online payments, without the need for manual fund exchange within the app. Users can also feel safe knowing that they have control over the card’s security features, including the ability to lock and unlock the card, set usage limits, and take advantage of NFC support on major devices.
Bringing the convenience of cryptocurrencies and the stability of traditional finance together has been an exciting journey, according to Andrei Manuel, Bit2Me’s COO and co-founder.
“Our mission is to bring the use of cryptocurrencies closer to everyone. Bit2Me Card allows you to use your cryptocurrencies easily and quickly in your day-to-day life. You can use cryptocurrencies, such as Bitcoin, or stablecoins, such as USDT, at physical or online stores.”
The Bit2Me Card is a major step forward for the everyday cryptocurrency user, offering streamlined payments, NFC-compatible software, and robust security features. As cryptocurrency usage continues to become more widespread, people are seeking the best options with the most benefits. With up to 9% cash back for users, Bit2Me’s debit card is the clear choice for anyone looking to maximize their cryptocurrency experience.