B2M Redemption: More Advantages and Exclusive Benefits!

At Bit2Me we keep working to offer you new and exciting ways to get the most out of your B2M utility token. We introduce you the new B2M redemption functionality, which opens up a world of possibilities. Do you want to know how does it work? Keep reading because this is of interest to you.

• What is B2M redemption and how does it work?
• What are the benefits of B2M redemption for you?
• Monthly burn performance of B2M token
• Total transparency for you

What is B2M redemption and how does it work?

Redeeming B2M allows you to access different functionalities and advantages within our platform. One of the ways to do this is by redeeming a specific amount of B2M tokens in order to get Space Center points to level up, or by redeeming a certain amount of B2M tokens in order to gain access to exclusive sweepstakes. This mechanic is based on a key industry principle: token burning, which means that redeemed B2M tokens are sent to a blockchain address with no owner, permanently removing them from the market.

What are the benefits of B2M redemption for you?

1. Mission: Get points in Space Center
   This mission allows you to redeem B2M tokens in order get points in Space Center, helping you level up faster.
   
   
   
   The best of all:
   • Points do not expire, unlike other points earned through traditional missions.
     
     
   • This redemption does not negatively affect the value of the ‘Buy and keep € in B2M’ mission. For example, if you buy €100 in B2M and then redeem €10, you will get points for both the purchase and the redemption without losing points from the purchase for the redemption.
     
     
2. Benefits linked to Space Center
   Leveling up in Space Center means access to exclusive benefits, such as:
   
   
   • Up to 100% discount on buy or sell commissions
     
     
   • APY of up to 30% on Earn.
     
     
   • Cashback of up to 7% on purchases with the Card.
     
     
   • Assured access to launchpad projects.
     
     

Monthly burn performance of B2M token 

Once a month, Bit2Me will aggregate the B2Ms redeemed by users and send them to a dead blockchain address, removing them from the market.

This comes on top of our first token burn that removed 50M B2M from the market, strengthening the value of the token for the entire community.

Total transparency for you

On our B2M website you can:

• View total B2M redeemed historically.
  
  
• See each transaction sent to the address without owner.

In addition, if you log in to your Bit2Me account, you can check the B2M tokens you have personally redeemed.