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
|Minimum Withdraw||0.001 BTC|
|Deposit Fees||Free. Small deposit fees apply.|
|Easy To Use||Yes|
|BTC Withdrawal limit||500,000.00 €|
|Customer Support||Available At Ticket & Live Chat|
How To Start ?
How To Sign Up At Paymium Exchange ?
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.
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.
Deposit & Withdrawal Euro Limits
These limits apply when making a deposit or a withdrawal in Euros.
|EUR Deposit limit||100,000.00 €||500,000.00 €|
|EUR Withdrawal limit||100,000.00 €||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
|BTC Deposit limit||No limit||No limit|
|BTC Withdrawal limit||500,000.00 €||No limit|
These fees apply when funding your account or withdrawing from it using a bank wire.
|Incoming SEPA EUR wire||Free|
|Outgoing SEPA EUR wire||0.99 €|
|Minimum Withdrawal EUR||20 €|
These fees apply for transactions going through the Bitcoin network.
|Incoming Bitcoin transfer||Free|
|Outgoing Bitcoin transfer||Free|
|Bitcoin network commission||We pay for it|
|Minimum Withdrawal BTC||0.001 BTC|
Credit Card & Apple Pay
Paymium section describes the fees and limits to purchase bitcoins by credit card and Apple Pay.
|8%||10,000.00 €||50,000.00 €|
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 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.