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What is a Bit2me Account setup?
Bit2Me is a company founded in 2014, specialized in financial technology. With a deep knowledge of Blockchain technology and cryptocurrencies. We help individuals, exchanges, mining pools, token issuers, investment funds, governments and institutions to access, trade and manage cryptocurrencies and digital assets optimally.
Being the gateway to frictionless markets, making the traditional financial system obsolete, the company is made up of more than 30 people: idealists, technological entrepreneurs, researchers, quantitative traders, financiers, lawyers and engineers from large companies.
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What is a lite wallet?
One of the most feasible options to store our cryptocurrencies efficiently are the Lightweight Wallets. They allow us to manage all our assets quickly and safely with no need to download the entire blockchain.
The lightweight wallets work by using a connection with a series of servers that allow them to obtain all the information they need about the payments in cryptocurrencies. It is a simplified form of a wallet where there is no need of running a full node, as it maintains a good balance between security and usability.
Light wallets are the perfect union between security, ease of use and speed, using bank transfers, debit or credit card or our network of physical stores Tikebit.
Is Bit2me a Bank?
“No.” Taking advantage of the technological advances of the last two decades, at Bit2Me we have looked for an alternative solution to the usual banking, in order to offer you most of the services that banks have, working with different providers.
This is commonly known as a “neobank.” But Bit2Me is not a traditional “neobank”, we wanted to progress even more: Bit2Me has managed to merge traditional money with new types of money, such as Bitcoin and other cryptocurrencies.
At this point we like to call us “crypto bank”, without forgetting that we are not a bank.
To ensure that your money is safe and that all the legal requirements are met, we work with an Electronic Money Entity regulated by the Bank of Spain, which allows us to create Bit2Me accounts and issue associated cards which you can pay with in any country of the world and withdraw money at ATMs.
For that reason, we have created a technology ecosystem in which you would not notice the difference as a user. Your money is safer than anywhere else, since we do not do business with it, and we offer you an account with a user experience superior to any Traditional Bank.
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The only complete crypto card with: No maintenance costs, no limits, contactless, configurable and detailed expenses, 3DS secure payment, configurable pin, and much more!
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