Bit2Me is launching the world’s highest Bitcoin APY (Annual Percentage Yield) on its Bit2Me Earn staking service
Bit2Me, the first company recognized by the Bank of Spain as a virtual currency service provider, has launched the largest indirect Bitcoin APY (Annual Percentage Yield) by staking B2M on Bit2Me Earn, the service that allows Bit2Me users to earn cryptocurrency rewards in exchange for holding them in a given wallet to strengthen the security of a blockchain network.
The new B2M utility, launching on August 10, will allow its users to earn Bitcoin as a reward for staking any amount of B2M, Bit2Me’s utility token
This new Bit2Me Earn feature will be live the 10th of August, allowing its users to choose Bitcoin as a reward for staking any amount of B2M, Bit2Me’s utility token. Bit2Me Earn’s Bitcoin APY comes at a moment when players offering staking services find themselves in a context of uncertainty.
Since its inception in January 2022, Bit2Me Earn’s continued growth and development has already attracted 39,000 users and a total asset value of €41 million in staking
Leif Ferreira, CEO of Bit2Me, states that it is time to offer a secure and reliable service for all who want to accumulate the most secure, decentralized, and solvent cryptocurrency in the crypto market: Bitcoin. Ferreira stresses that «this new B2M feature will offer the highest Bitcoin rewards in the industry with total security«.
Iñigo Gastón, head of crypto partnerships at Bit2Me, stresses that this Bitcoin APY is an excellent opportunity since «these periods of turmoil are the best time to develop new services in the crypto sector, as it’s the time where speculators and scams are removed from the market, while providing a cleaner communication with our community to attend their wishes, and space to build real and great products and services such as this new B2M staking functionality”
For Gaston, this new Bit2Me Earn feature will mark a turning point for the staking services in the market. «It should be noted that Bit2Me is going to be the first exchange in the world to offer Bitcoin rewards by staking its native token. The development of this new functionality began as the result of a survey that asked the community if they wanted the ability to choose BTC rewards for B2M staking, which saw 900 participants with 97% in favor «
Bit2Me Earn’s continued growth and development has already attracted 39,000 users and a total asset value of €41 million in staking. This service, which offers annual rewards of up to 20% in cryptocurrencies, and emerges as an alternative to traditional banking.