Electron beam ion traps allow studies of slow highly charged ion transmission through freestanding 2D materials as an universal testbed for surface science under extreme conditions. Here we review recent studies on charge exchange of highly charged ions in 2D materials. Since the interaction time with these atomically thin materials is limited to only a few femtoseconds, an indirect timing information will be gained. We will therefore discuss the interaction separated in three participating time regimes: energy deposition (charge exchange), energy release (secondary particle emission), and energy retention (material modification).