Bit2Me alternative for cashing out USDC in Mexico
Bit2Me's Mexico page lists bank withdrawal as not available, while crypto withdrawals are. Unigox is the Bit2Me alternative for sending USDC out of Bit2Me and selling it to a buyer who pays your bank; in Europe, stay with Bit2Me.
When to stay with Bit2Me
Your bank account is in the SEPA area
Bit2Me sends euros by SEPA to an account in your own name at no fee, from 10 EUR, in 1 to 5 business days. If that is where your money should land, the sale and the payout stay in one app.
You also trade, stake or spend on Bit2Me
Bit2Me puts a wallet, the Pro trading terminal at 0% to 0.60% per order, Earn for staking and a debit card in one account. On Unigox you only buy and sell stablecoins for local money.
You want a MiCA exchange supervised in Spain
Spain's CNMV has authorised Bit2Me under MiCA for custody, exchange, order execution and crypto transfers, and the Bank of Spain registers it as a payment institution.
Bit2Me and Unigox for one stablecoin sale
Part of each price sits inside the rate: Bit2Me's spread and the whole Unigox fee. Price the same amount on both on the same day and compare what reaches your account.
| Topic | Bit2Me | Unigox |
|---|---|---|
| What it is | A Spanish exchange with a wallet, a trading terminal, Earn and a card. It accepts residents of the EU and of countries across Latin America, Mexico among them. | A marketplace where you sell USDT or USDC to a P2P merchant or a payment business, who pays you in local money. |
| Where the money goes | In Europe, euros by SEPA to a bank account in your name. Bit2Me's terms add reais in Brazil and pesos in Argentina through local partners. For residents of Mexico, Bit2Me lists bank withdrawal as not available. | To your bank or mobile money account in local currency. Which currencies are open, and in which direction, changes from day to day. |
| Fee on the sale | Wallet sale: 0.95% operation fee, down to 0% at Space Center level 7, plus a spread inside the rate that Bit2Me states as 1.20% and sets per asset.
| One rate with the fee already in it, shown for your amount before you accept. |
| Getting paid | Free SEPA withdrawal from 10 EUR after the sale, taking 1 to 5 business days to process. | The buyer pays during the trade. Your stablecoins wait in escrow until you confirm the money has arrived. |
| Sending coins out | Available in Mexico. You pick the network, Bit2Me charges the estimated network cost, and stablecoin sends are confirmed by SMS or email code. | Takes USDT or USDC sent in from another wallet or exchange, and sends it out again. |
| Regulation | Authorised by Spain's CNMV as a crypto-asset service provider under MiCA; registered with the Bank of Spain as a payment institution. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxMove a stablecoin sale from Bit2Me to Unigox
Verify your identity on Unigox
Your Bit2Me verification stays with Bit2Me. Open a Unigox account and finish its identity check before your first trade.
Send the coins out of Bit2Me
In Bit2Me choose Send, then an external address, and pick the network the Unigox deposit screen shows. Bit2Me confirms USDC sends by SMS code, sometimes by email, and asks you to confirm a new address by email.
Sell to a buyer who pays your bank
Name the bank account the buyer should pay (Bit2Me's Mexico page lists no bank withdrawal) and accept the rate. Release the coins once the money shows.
Bit2Me fees, regulation and withdrawals
Is there a Bit2Me alternative for cashing out in Mexico?
Bit2Me accepts residents of Mexico, but its Mexico page lists bank withdrawal as not available; crypto withdrawals are open. You can send USDC from Bit2Me to Unigox and sell it to a buyer who pays your bank account, on days when someone is buying in Mexican pesos. Bit2Me no longer lists USDT. Other coins held there are swapped to USDC first, for a 0.95% operation fee plus a spread inside the rate.
What are Bit2Me's fees to sell crypto?
A sale in the Bit2Me wallet carries a 0.95% operation fee, lower at higher Space Center levels and zero at level 7. The rate includes a spread that Bit2Me states as 1.20% and sets per asset. Orders on Bit2Me Pro cost 0% to 0.60%. A SEPA withdrawal is free from 10 EUR. Unigox shows one rate with its fee inside before you accept.
Is Bit2Me regulated?
Yes. Spain's CNMV has authorised Bitcoinforme S.L., the company behind Bit2Me, as a crypto-asset service provider under MiCA. The Bank of Spain registers it as a payment institution for transfers. Bit2Me also says some of its products are not regulated.
Can Bit2Me pay into a bank account outside Europe?
In some countries. Its help centre describes euro withdrawals by SEPA, only to an account held by the Bit2Me user. The SEPA area is the EU plus Iceland, Liechtenstein, Norway, Switzerland, Monaco and San Marino. Its general terms add bank payouts in reais for residents of Brazil and in pesos for residents of Argentina through local payment partners. Its Mexico page lists bank withdrawal as not available. A Bit2Me user there cashes out by sending crypto to a service that pays a Mexican bank.
Price your sale before you move coins
Get a Unigox rate for the exact amount you plan to sell, fee included, before you send anything out of Bit2Me.
Bit2Me and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.