A crypto exchange Bit2Me plans to onboard 2gether’s 100,000 crypto investors who were recently blocked from trading. The Spanish crypto trading platform shut down its free trading services on July 10 as it couldn’t justify its operational costs amid crypto winter. It was also charging €20 from its users as maintenance fees. 2gether informed its users that it would be unable to keep supporting free accounts. It imposed a one-time fee for the users to continue utilizing the platform’s services.
Looking at 2gether’s plight, Bit2Me stepped in by reaching an agreement to onboard the distressed platform’s users without imposing any fees. It enabled users to move over their holdings and resume their trading activities. Moreover, Bit2Me reimbursed the €20 back to the users.
Leif Ferreira, the CEO and co-founder of Bit2Me, said the world of cryptocurrencies and blockchain technology is and will be key to the present and future. As such, Bit2Me wants to be at the side of 2gether users who want to be linked to the crypto ecosystem. The company has been doing quite well. In May, Bit2Me established a new office in Brazil to accommodate the market of more than 20 million customers. Back in February, it received authorization from the Central Bank of Spain to operate as a regulated virtual asset provider.