Security at Bit2Me (2024)

Security and guarantee

We have a highly qualified team in the fields of cybersecurity, legal and compliance focused on the protection of funds, personal data, and privacy

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Operational since 2014

Endorsed by

Assets insured up to $150M

Security Certifications

The best crypto exchange

One of the most reliable exchanges

Bit2Me stood out as one of the most reliable exchanges in a Cointelegraph Research report where it compared the most important exchanges in the world (see table). The analysis evaluated 4 criteria: Fiscal headquarters, transparency, asset protection, and user experience.

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Our partners

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About security at Bit2Me

Cryptocurrency management

100% cold storage

Our users' crypto funds are always stored in cold storage with HSM technology and under multi-signature to ensure top-level protection.

Deposits in bank account

Your FIAT money is deposited in your own assigned account within an external entity regulated by the Bank of Spain and protected with a 100% guarantee, so it will still be yours no matter what happens with Bit2Me.

Data security beyond GDPR

The stored data is encrypted and stored in scattered chunks. We take data privacy very seriously and can guarantee full compliance with GDPR regulations.

Legal and regulatory compliance

At Bit2Me, we comply with all applicable laws, including corporate, tax, labor, accounting, commercial... This eliminates the risk of potential problems that could indirectly affect the customer.

Funds secured up to $150M with Ledger

We have a 150 million insurance in funds with Ledger

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“At Bit2Me, we take compliance with regulations very seriously to protect the user” João Augusto

Compliance

GDPR

DORA

CSA Star

ISO 27001

PCI DSS

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Bank of Spain

Registered by the Bank of Spain as a custodial entity and crypto asset exchange house.

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Certification ISO 27001

Endorses the information security management system for the purchase, sale, and custody of crypto assets.

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Certification ISO 22301

Endorses the information security management system for the purchase, sale, and custody of crypto assets.

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CSA Star

Ensures protection in cloud environments, covering transparency, audits, and compliance with regulations.

360º Security

Robust Platform

Outside of tax havens

Our headquarters are in Europe, with the stability that this entails

The European legal framework stands out for being the first major territory to create agreed-upon rules around digital assets thanks to the MiCA law. This positions us as offering good guarantees compared to the legal uncertainty of other blockchain companies located in other territories.

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Zero thefts in our history

Operating safely since 2014

Unlike the vast majority of platforms in the industry, we have never suffered any theft of funds since the creation of the platform.

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Audited by independent third parties

5 consecutive audits with positive results

We are the first private exchange in the world to have 5 consecutive financial audits with positive results carried out by independent third parties

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Awarded as the best SME in regulatory and legal compliance 2022

Compliance Award

Throughout our history, we have received great recognitions, highlighting the award for the Best SME in regulatory and legal compliance of the year 2022, alongside BBVA and Prosegur.

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Gold Award from Iberian Lawyer for its work in Compliance 2023

Compliance Award

Throughout our history, we have received great recognitions, highlighting the award for the Best SME in regulatory and legal compliance of the year 2022, alongside BBVA and Prosegur.

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Cointelegraph rates us as one of the most reliable companies

Download the comparative report based on 40 indicators

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Download Full Report

Sleep peacefully with Bit2Me

Why Bit2Me?

10 years operating with cryptocurrencies

Providing security, guarantee, and support to crypto operations

Regulated in the European Union

First crypto exchange with registration at the Bank of Spain

Quality support in your language

We help you, with support across multiple channels and in your language

Free tax report included

Your tax return reports in one click

Highly recognised certifications

ISO 27001, ISO 37001, ISO 22301 and many more

Internal and external audits

Bit2Me undergoes multiple annual security and legal audits, among others

Free education included

Educational content available to make informed decisions

Backed by Telefónica and Investcorp

Bit2Me partners with listed companies

Bug Bounty

Cybersecurity

Hundreds of top-level IT specialists collaborate in the continuous improvement of Bit2Me's security. At Bit2Me, hacker culture is and has always been part of our DNA.

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Multi-layer Model

Our system

01

Safe work area and anti-corruption policies

We protect and train all employees, with the highest security measures in software and hardware and strict anti-corruption policies.

02

Development in secure environments

All developments are carried out in a testing environment, undergoing quality and stability tests, and cybersecurity review protocols.

03

Reinforced infrastructure

We have the latest standards to protect our infrastructure: WAF, isolated service execution, SIEM, internal and external SOC, IDS monitoring, etc.

04

Secure management of cryptocurrencies

Cold storage with Ledger and Prosegur Crypto, protection insurance, automatic and integrity analysis, advanced MPC, distributed multi-signature, etc.

05

Five barriers to account access

To enter your user account we have the following controls: password, 2FA, authorized IP, connection/operation analysis with AI, and biometric access.

06

Customer protection

We perform AML analysis, 3DS card payment checks, work with encrypted data, and have outstanding customer support valued by users.

Bit2Me in the media

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Everything you need for your tax return

Bit2Me Tax

Integrated tool for free fiscal report export with one click

Tax advisors at your disposal

Educational tutorials on taxation and cryptocurrencies

360º Platform

Complete

More than 30 products specialised in cryptocurrencies

An account with Bit2Me, the crypto universe in your hands

We offer a wide range of functionalities and products, constantly innovating and adapting to the ever-changing market trends.

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For individuals, companies, institutions, and governments

We serve all types of clients

Unlike the majority of platforms, at Bit2Me we have made efforts to cover the widest range of clients.

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More than 100 countries from all continents

We operate globally

Nearly 1,000,000 users operate daily on our platform, accessible from the web and app (Android and IOS).

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More than 297 cryptocurrencies available

We list new cryptocurrencies every month

We analyse user requests, and always implement them ensuring they meet minimum security standards.

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Our DNA, our principles

Principles

We have designed our company following fundamental pillars that protect our customers day by day

01

Security above all

We implement all existing and future measures to ensure your cryptocurrencies are as secure as possible and with the least possible friction in the user experience.

02

We are an open book

Transparency is our mantra. We have nothing to hide, neither in small print nor in large.

03

We learn from our mistakes

If we make a mistake, we acknowledge it, apologise, and learn from it. That's how we've become experts!

04

No chains

No commitment to stay, come and go as you please, because at Bit2Me the only chains are the blockchain ones.

05

The crypto ecosystem in your hands

We offer a wide variety of services, products, and above all, hundreds of cryptocurrencies available.

06

We don't do borders

We provide access to all the places where we are allowed. We are currently available in over 150 countries around the world.

07

Innovation addicts

We are always up to date. If there's something new in the world of cryptocurrencies, you can bet we have it.

08

We are obsessed with doing things right

We comply with all laws and regulations, even before they are enforced. We don't cheat, because we believe in fair play.

09

We believe in crypto knowledge as a fundamental right

That's why we work daily to ensure our crypto academy is accessible, free, and of quality.

10

Always by your side

We are with you at every step of your crypto journey. No matter where you are or what you need, we are here to help.

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With Bit2Me, you always have someone by your side to help you

You will never be alone

In the event of any incident, Bit2Me has specialised support in cryptocurrencies and the products we offer, providing fast and efficient support, responding to the needs and concerns of customers even by phone in their language (for the moment we support up to 7 languages and 15 countries).

Telephone support that accompanies you step by step through doubts and incidents is something that makes us practically unique in a direct way.

Simple and intuitive platform

Easy

Intuitive interface

Interface designed for comfort and user experience. We work daily with real users for continuous improvement.

Simplified registration

The user can be operating on the platform in less than 3 minutes

Real-time assistance

The platform offers integrated support modules and real-time assistance to resolve any questions or issues.

Advanced features made simple

We simplify highly complex functions and reduce them to a single click and user-friendly language.

Flexibility in deposits and withdrawals

Add and withdraw funds via blockchain, instant bank transfer at no cost, credit/debit card, or Google/Apple Pay.

Low commissions

We have highly liquid markets, for example BTC/EUR, with fees as low as 0% for makers and 0.10% for takers.

Multi-language

We support 7 languages: Spanish, English, Portuguese, Italian, German, French, and Polish. And we are working to expand to 15 languages.

Tutorials, training, and access to experts

We offer free training through the largest crypto Academy, as well as live AMA sessions with experts, who can also be hired privately.

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Multiple perimeter control

Security barriers

1

Username and password

2

Two-factor authentication

3

Authorized device

4

AI-based behavioural analysis

Articles about security

Go deeper

We regularly publish content aimed at your security that can make you lose your money. You can find thousands of articles in our free crypto academy, the largest in the world.

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Bitcoin scams, the further away, the better

Bitcoin is money. In fact, it is the best kind of money, a much safer, fairer, and more convenient money to use for…

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What are cold wallets?

Storing our cryptocurrencies securely is the goal of cold wallets. A type of wallet that offers…

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Blockchain Security: Myths and Truths

Around blockchain security, some interesting myths have been created that make this technology…

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Renowned management team and investors

Transparency of partners

All Bit2Me partners are known and can be publicly analyzed.

We have Leif Ferreira as founder and CEO, along with Andrei Manuel as the main partners of the company. And as principal investors, well-known companies such as Telefónica, Inveready, and Investcorp.

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Security and assurance, our highest commitment

Create your free account in 5 minutes and start trading from €1.

Security at Bit2Me (2024)

FAQs

Is Bit2Me safe to use? ›

Bit2Me Custody is a high-security cold storage, insured with a €150 million policy, institutional grade, highly protected, regulatory compliant, and with 24-hour support.

Is Bit2Me regulated? ›

The money in your Bit2Me account is deposited in an Electronic Money Institution regulated by the Bank of Spain. Therefore, it complies with all the quality requirements demanded by Spanish and European regulations to guarantee the safety of your money.

How secure is bitcoin really? ›

The Bitcoin network's security is multi-layered. Transaction hashing, mining, block confirmations, and game theory all work together to make Bitcoin's blockchain impenetrable. Since the first transaction block in 2009, the network has never once shut down – and no bitcoin has ever been stolen from the blockchain.

What is the most secure crypto network? ›

Which cryptocurrency is most secure? Ethereum is considered to be the most secure cryptocurrency as compared to other digital assets. This is largely because its platform uses the blockchain technology, which is one of the most robust technologies for digital transactions.

Does Bit2Me require verification? ›

Normally the validation of your account is a fairly quick process. Once registration is complete, the Bit2Me team will analyse your data. If for any reason your verification has not been accepted, we will inform you by email of the steps you need to take.

How do you withdraw from Bit2Me? ›

From the 'My main currencies' list, select the currency in which you have funds and wish to withdraw to wallet. Click on the - Withdraw option which you will see reflected below the total rewards and the current profit APY. Indicate the amount you want to withdraw in the form and click on the Withdrawal button.

Who is the owner of Bit2Me? ›

Who is the founder of Bit2Me? Leif Ferreira and Andrei Manuel are the founders of Bit2Me.

How many users does Bit2Me have? ›

Join +600,000 satisfied users (4.5. Bit2Me is the exchange founded in 2015, leader in Spain and Latin America and headquartered in Spain (Europe).

How much is Bit2Me transaction fee? ›

Trading fees range from 0% to 0.60% (depending on volume) and are charged at the time your order is executed.

How to spot a Bitcoin scammer? ›

The best way to avoid a crypto scammer is to be wary of any communications sent your way and conduct research on every project to learn about the team behind it. If someone is attempting to scam you, it is likely they have tried it with others also.

Is Bitcoin 100% safe? ›

Paying with crypto comes with limited legal protections.

For example, in some cases you may not be liable for fraudulent purchases made in your name. This generally is not the case with cryptocurrency. If you lose your money to a scammer, you may not have any real way to get it back.

Can Bitcoin go to zero? ›

A reasonable assumption that Bitcoin could hypothetically reach the null state of it's value is worth the thought. Even-though such an event is very less likely to take place, there are some factors that could theoretically lead to Bitcoin price crashing to zero.

What is the most untraceable crypto? ›

Unlike traditional cryptocurrencies, Monero uses ring signatures, stealth addresses, and confidential transactions to obfuscate the sender, recipient, and transaction amount. This means that transactions made with Monero are virtually untraceable, making it difficult for anyone to uncover your financial activities.

Which crypto can give 1000x in 2024? ›

Being a project that stands out for several reasons, EarthMeta could potentially be the next 1000x in crypto space. Since the project integrates AI with the Metaverse, creating a decentralized digital world, it allows users to own, govern, and interact with virtual cities and assets, providing a unique experience.

What is the safest crypto in the world? ›

We take a look at the top coins and tokens to invest in 2024 below. The world's first cryptocurrency, Bitcoin, has the largest market capitalization. Its established network, limited supply, and growing institutional adoption make it a relatively safe haven in the volatile crypto market.

Which Bitcoin app is the safest? ›

- Coinbase is the most trusted platform to build, manage, and track your crypto portfolio. - Send crypto and receive transfers securely and seamlessly. - Easily set up automatic or recurring buys.

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