Bit2Me, a Spanish crypto exchange, gives a helping hand to investors after the additional fees have been imposed by the crypto exchange, 2gether.
According to the official statement, issued just four days after 2gether has been forced to shut down its free trading, the company offers users to transfer all of their assets to Bit2Me exchange and continue trading.
The shutdown on 2gether exchange was highly influenced by the downfall of the market and the company's inability to manage operating costs. To partially cover up the costs of operations, the company charged users a €20 maintenance fee. Unsurprisingly, that didn’t last too long as the wave of disrupted and unsatisfied investors grew.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
Proof of Work vs Proof of Stake: Which is Better? (ANIMATED)
To save the boat from completely drowning, 2gether made an agreement with another fellow Spanish exchange platform, Bit2Me to transfer crypto assets and accounts of 100,000 users with no additional fees. This way, users are allowed to move their holdings to a different platform and continue trading.
In the official announcement, Bit2Me reassures the users that they would receive a refund of their €20 maintenance fee if they continue to trade on Bit2Me.
To show its commitment, the CEO and co-founder of Bit2Me, Leif Ferreira, finishes the announcement by stating:
“Training, knowledge, and innovation are the keys to bringing this sector to the whole of society. At Bit2Me we are committed to what we believe in. For us, 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.”
This time investors can expect stability as Bit2Me was the first virtual currency service provider to be acknowledged by the Bank of Spain.
