Bit2Me and Polygon Integration
Bit2Me to Integrate With Polygon and Offer More Features to Its Users.
Firstly, by implementing this new integration into the Bit2Me wallet, users will have an alternative solution to the currently overloaded Ethereum network. It is an excellent opportunity for Bit2Me users to have new options. And for new users to start using the services of their suite without having to leave this ecosystem due to its costs and limitations.
The Polygon network uses Proof-of-Stake for its sidechain and Plasma smart contracts for the sidechain’s link to the Ethereum mainnet. Its infrastructure allows for greater network scalability and a much lower cost per transaction.
For Bit2Me users, this integration means the possibility to deposit via the Polygon network for lower costs. Before this integration, users had to withdraw funds from Bit2Me to a Layer 1 Wallet. And then transfer them to the Polygon network, for which they had to pay two fees. But, with the integration of Polygon, these costs are reduced, and the process becomes much more straightforward.
Users will have a much faster and more efficient experience when it comes to moving their cryptocurrency funds to the Polygon network. And putting them on Bit2Me Earn, for example, to generate rewards.
With the integration of Polygon, Bit2Me users can transfer and withdraw AAVE, DAI, BLOK, LINK, MATIC, SUSHI, USDC, USDT, ETH (wETH), and B2M on the Polygon blockchain, the first Bit2Me-compatible scaling network for transferring crypto assets.
Over the next month, Bit2Me users will be able to deposit and withdraw these cryptocurrencies. And there are plans to add new cryptocurrencies for making deposits and withdrawals via Polygon. It is also worth noting that this integration with Polygon is the first time Bit2Me has enabled the possibility to send and receive these assets on a commit chain or full-stack scaling solution, which is a new line of action to offer new services and increasingly efficient features to Bit2Me users.
About Bit2Me
Bit2Me is the leading Spanish company in the purchase / sale of cryptocurrencies. Awarded by CaixaBank, Deloitte, Expansión, GFT, BBVA, VISA, … they work daily to bring Blockchain technology to the whole world, creating increasingly complete and easy-to-use products.
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