Bit2Me Earn is one of the flagship services of the Bit2Me 360 suite that allows you to generate passive rewards for your cryptocurrencies through staking.
In simple terms, it lets you enjoy the complexity of the blockchain world but condensed into a single click.
Why should you use Bit2Me Earn?
Basically, it’s a service that allows you to get the most out of your cryptocurrencies. By leaving your cryptos in Earn, you’ll be putting those unused cryptocurrencies sitting in your wallet to work.
And the best part is that you don’t have to do anything, as your funds generate rewards on “autopilot”. Plus, since it’s another tool in our 360 suite, you’ll find a very simple and accessible interface that makes any operation easy for you.
Earn allows you to earn rewards with some of the major stablecoins on the market, enabling you to generate returns safely and avoid the usual volatility of the crypto market.
It’s one of our standout services because it’s 100% flexible; there are no temporary locks, so you can deposit and withdraw your cryptos at any time, enjoying the rewards and getting your tokens back whenever you need them.
Bit2Me Earn also doesn’t charge fees for transactions, so you can deposit and withdraw your cryptos from Earn whenever you want, and we’ll never charge you for it.
Advantages of Bit2Me Earn
- More than 40 cryptocurrencies.
- No transaction fees.
- Highly competitive APYs on major cryptocurrencies.
- Instant deposits and withdrawals.
- No limits on adding or withdrawing cryptocurrencies.
- Offers higher Bitcoin APY if you receive your rewards in B2M.
- Offers an extra 2% APY on all cryptocurrencies if you decide to receive your rewards in B2M.
- You can connect your Earn wallets with Bit2Me Card and spend your crypto while saving with cashback.
Benefits of Bit2Me Earn and Space Center
Space Center is Bit2Me’s benefits and levels system that offers exclusive advantages to B2M token holders.
By increasing your level in Space Center, you can get greater benefits in all Bit2Me products and services.
In Earn, with Space Center, you can unlock extra APY on all cryptocurrencies, higher rewards in the B2M Space Pool, and access to the Farming Pool, which has already distributed over 100 million B2M among holders.
How to Use Bit2Me Earn?
If you haven’t used Bit2Me Earn yet, it’s very simple:
- Access Bit2Me Earn from the App or from the browser.
- Add funds or select one of your cryptocurrency wallets.
- Select the “add” option and the amount of crypto you want to add to Earn.
- That’s it, sit back and receive passive rewards automatically.
How Are Rewards Generated?
Cryptocurrency rewards can be generated through several methods:
- Staking: involves holding cryptocurrencies in a wallet to actively participate in the operation and security of a blockchain. In return, the blockchain offers us new cryptocurrencies as a reward.
- Farming Pool: a functionality where an exchange provides users with a certain amount of tokens to distribute them fairly among participants.
- Yield Farming: in exchange for providing liquidity to a DeFi protocol, users receive rewards in the form of tokens, stemming from transaction fees generated by the liquidity pool.
- Lending: cryptocurrency loans, backed by collateral.
In the case of Bit2Me Earn, cryptocurrency rewards are generated through staking, except for the B2M token, whose rewards are made through the B2M Farming Pool, which distributes 270,000 tokens daily.
How Often Are Rewards Distributed?
In Bit2Me Earn, you can get your rewards daily or weekly.
For example, the B2M token receives its rewards daily (starting at 12:00 GMT+1), and the same goes if you decide to receive the rewards of any crypto in B2M. But if you choose to receive your B2M rewards in Bitcoin, they will be delivered to you weekly.
The rewards for other cryptocurrencies are also distributed weekly, every Monday starting at 12:00 GMT+1.
Rewards are calculated every 30 minutes and accumulated until the distribution time.
