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Paymium Crypto Exchange Review : It Is Good Or Bad?

Bixer Simond by Bixer Simond
13/02/2023
Paymium
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About Paymium

Founded in 2011, Paymium is pioneering Bitcoin services, with several tens of thousands of European customers. This is the first European Bitcoin marketplace compliant with EU regulations on payment services. They also offers solutions for merchants and payment processors allowing them to accept payments in bitcoins, while avoiding currency risks and reducing transaction costs. The is a French company headquartered in Paris.

Paymium (also known as Bitcoin-Central) is a France based BTC exchange, the first European Bitcoin marketplace compliant with EU regulations on payment services. They allow users to send Bitcoins via email for free and offer BTC payment integration for merchants through its open-source API.

Paymium is an online exchange where users can trade BTC against EUR and vice versa. It’s located in Paris, and it’s available for European countries and a few besides them. Although the US is included in the supported counties list, US-based traders cannot be accepted due to regulatory issues. It also offers a mobile app.

Paymium states that their service complies with European regulation, although some reviews claim that it’s not regulated. It also offers cold storage for 98% of BTC that is deposited. For security reasons, it doesn’t store BTC in its servers, and it distributes the private keys of the customers to bank vaults in different cities.   

Paymium Exchange Basic Points

Exchange NamePaymium
Minimum Withdraw 0.001 BTC
LanguageEnglish
Fiat DepositYes
Deposit FeesFree. Small deposit fees apply.
Easy To Use Yes
Security High
Maker fee0.1%
Taker fee0.5%
BTC Withdrawal limit500,000.00 €
Customer Support Available At Ticket & Live Chat
Official SiteHomepage

How To Start ?

How To Sign Up At Paymium Exchange ?

bitfinex sign up button

It Is Very Easy To Sign Up At Paymium Exchange . Just Click On Sign Up Button At Website .Fill Registration Form With Correct Details Like Your Email , Phone Number , Password Etc . Once You Fill All Data You Get Verification Link At Your Email . Just Verify Your Link For Successfully Verification.

How To Deposit Fund At Paymium Exchange ?

Once your account has been verified, click on the ‘DEPOSIT’ button, which you’ll find at the top right-hand side of the screen. Choose which currency you want to deposit and then you will be provided with the Wallet details that you need to transfer the funds to .

How To Trade At Paymium Exchange ?

Once your account is funded, you can then begin day trading at Paymium . Click on the ‘TRADING’ button at the top of the screen, and you will be taken to the main trading area. You now need to select the trading pair that you want to trade. Finally, enter the amount that you want to buy, decide whether you want to do a ‘market order’ or ‘limit order’, and then place your trade.

How To Withdraw At Paymium Exchange ?

Withdrawing your funds from Bkex is very easy. Go to the “Withdraw” window, select the asset you want to take out and fill all the required fields. Note that you won’t be able to withdraw currencies if you haven’t secured your account with 2FA and/or whitelisted addresses.

How To Verify Id At Paymium?

You Can Start Trading On Without Going Through The Verification Process, However, In Order To Trade Fiat Currencies For Bitcoin Or To Trade With Stablecoins, Id Verification Is Needed. Depending On The Account Type (Individual Or Corporate), The Exchange Can Require Additional Documents.

Trading

Paymium fee only applies to “executed” orders. In the case of a “partially executed” order, this fee applies only to the fraction of the order that was effectively executed.

TypeFee
Maker fee-0.1%
Taker fee0.5%

Deposit & Withdrawal Euro Limits

These limits apply when making a deposit or a withdrawal in Euros.

TypeDailyMonthly
EUR Deposit limit100,000.00 €500,000.00 €
EUR Withdrawal limit100,000.00 €500,000.00 €

100,000.00 € : one hundred thousand euro

500,000.00 € : five hundred thousand euro

Deposit & Withdrawal Bitcoin Limits

Paymium limits apply when making a deposit or a withdrawal in Bitcoins

TypeDailyMonthly
BTC Deposit limitNo limitNo limit
BTC Withdrawal limit500,000.00 €No limit

Bank wires

These fees apply when funding your account or withdrawing from it using a bank wire.

TypeFee
Incoming SEPA EUR wireFree
Outgoing SEPA EUR wire0.99 €
Minimum Withdrawal EUR20 €

Bitcoin

These fees apply for transactions going through the Bitcoin network.

TypeFee
Incoming Bitcoin transferFree
Outgoing Bitcoin transferFree
Bitcoin network commissionWe pay for it
Minimum Withdrawal BTC0.001 BTC

Credit Card & Apple Pay

Paymium section describes the fees and limits to purchase bitcoins by credit card and Apple Pay.

FeeDailyMonthly
8%10,000.00 €50,000.00 €

Mobile Support

Paymium also has mobile support, so if you prefer to do your cryptocurrency deals while on your cell phone, then that’s no problem at all. Below is a picture of the trading interface on mobile. The application is available for both IOS and Android users.

Paymium Download

Paymium is pioneering Bitcoin services, with tens of thousands of European customers.
The is the first European Bitcoin marketplace compliant with EU regulations on payment services. The offers solutions for merchants and payment processors allowing them to accept payments in bitcoins, while avoiding currency risks and reducing transaction costs.

Tags: How to Buy PaymiumHow To login PaymiumHow To Signup PaymiumPaymium Crypto Exchange
Bixer Simond

Bixer Simond

Bixer Is Long Term Writer & Editor At Woodfi . His Hobby Is Writing Article For Wootfi Visitors . His Main Focus Area Is Crypto , Affiliate , Blockchain , NEFT , ICO . In Free Time He Loves To Research New Things

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .