The crypto exchange, Bit2Me announced a new deal introducing 100k crypto investors from 2gether to onboard with. These investors were blocked due to the exchange’s inability to operate amid unfavourable market conditions.
Spain’s trading platform 2gether recently shut down their free trading services due to facing problems on its operation ability costs due to crypto winter. Instead, there was a 20 euro maintenance fee for users.
To provide a solace to recently displaced crypto buyers, Bit2Me and 2gether collaborated to bring on their users without charging fees. Thus allowing users to shift their holdings and resume their trading activities. Moreover, the 20 euro charge will be reimbursed back to the users after they successfully are onboard.
2gether users who transfer their balances to Bit2Me will be able to continue buying and selling cryptocurrencies without selling their positions.
Leif Ferreira, CEO and co-founder of Bit2Me, mentioned “The world of cryptocurrencies and Blockchain technology is and will be key to our present and future. For that reason, we want to be at the side of 2gether users who want to remain linked to the crypto ecosystem”.
The Spanish government also infused Binance’s Spanish subsidiary, Moon Tech Spain, as a virtual asset service provider (VASP) to facilitate the exchange, offering crypto trading services in that region.