Bit2M Hits 100k Crypto Investors Ban 2 Exchanges Together – Rayrice Forex News

Bit2M Hits 100k Crypto Investors Ban 2 Exchanges Together

Following the recent agreement between the two crypto exchanges, Bit2m2gether has announced plans to tap 100,000 crypto investors.

In the year On July 10, Spanish cryptocurrency exchange 2Co shut down its free trading service, citing its inability to justify related operating costs due to the crypto winter. Instead, the users would pay 20 euros as a maintenance fee.

In a relief to recently displaced crypto investors, Bit2Me has reached an agreement with 2Ga to let its users onboard without paying any fees ā€“ allowing users to move their holdings and continue trading. In addition, Bit2Me decided to return the 20 euros to users following a successful onboarding.

Confirming his commitment to the Spanish crypto market, Leif Ferreira, CEO and Founder of Bit2M;

“Cryptocurrencies and blockchain technology are and will be key to our present and future. Because of this, we want to be on the side of 2 converging users who want to stay connected to the crypto ecosystem.”

Related: Binance obtains a VASP registration for its Spanish branch from the Bank of Spain

The Bank of Spain recently registered Binance’s Spanish subsidiary, Moon Tech Spain, as a virtual asset service provider (VASP), allowing the exchange to offer crypto trading services in the region.

Binance CEO Changpeng ā€œCZā€ Zhao highlighted the importance of effective regulation for widespread adoption of cryptocurrencies.

“We have invested heavily in compliance and introduced AMLD 5 and 6 compliant tools and policies to ensure our platform remains the most secure and most trusted in the industry.”