Bit2Me, the main digital asset company in the Hispanic market, registered with the Bank of Spain and backed by Telefónica, Investcorp and Inveready, has provided Fazil Crypto with its advanced and innovative technology to give its clients quick and secure access to the Crypto ecosystem customers.
Bit2Me already collaborates with several financial institutions and B2B clients, with Fazil being the first to promote a solution for end users. Fazil emerges from Bilbao as an innovative financial entity and quickly extends its operations to Madrid and Valencia, under the Fazil Neobank banner.
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With the rise of the cryptocurrency sector, Fazil decides to diversify its service offering and creates Fazil Crypto
Fazil Crypto is designed to simplify the entry of new users into the crypto universe. It leverages Bit2Me technology as a liquidity provider and offers its customers the ability to purchase Bitcoin, Ethereum and more than 200 cryptocurrencies.
For Bit2Me, this scalable growth model will allow the Spanish exchange to accelerate its expansion forecasts for 2024 and consolidate itself as a leader in Europe and Latam. “We are in talks with practically all companies in the Spanish fintech and banking sector. Although it cannot be announced publicly, everyone is preparing. MiCa will give the massive starting signal to crypto adoption in institutions,” comments Gabriel Ayala, Director of Bit2Me API.
Through the Bit2Me API, developers can create new cryptocurrency-based services and build custom solutions for their companies or projects. The API has libraries and SDKs ready to be used in different programming languages, which speeds up code development.
The three main applications are: real-time and historical market price information, cryptocurrency custody and liquidity provision (receive, send and store cryptocurrencies), buy/sell cryptocurrencies (access to the liquid and highly available market) .
In the words of Ignacio Santos, CEO of Fazil: “Bit2Me opens the door to the crypto ecosystem as a cryptocurrency liquidity provider, allowing us to quickly go to market with this product that we have been in demand for so much. We are delighted with the service and attention provided by part of the entire Bit2Me team but, above all, we feel safe with them since we know that they are currently the leaders in security in the sector.
“We believe that the Bit2Me API will open new opportunities and facilitate the mass adoption of cryptocurrencies by simplifying their access and offering a secure and reliable interface,” says Leif Ferreira, CEO and co-founder of Bit2Me.
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First published in elEconomista.es. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.
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