Founded in 2011 in Paris, Paymium is the longest standing Bitcoin Exchange in Europe with several tens of thousands of European customers. They provide their clients with a proprietary trading platform for trading several digital assets, such as Bitcoin, Litecoin, Ethereum, Dai, Bitcoin Cash, Monero, Zcash, Dash, and more. The minimum amount of Bitcoin required to begin trading is 0.0005 BTC. They charge low commission fees of 0.1% while deposits and withdrawals are free of charge.
Paymium Review, Pros & Cons
- Sophisticated trading platform
- Educational materials
- Useful trading tools
- 24/5 customer support
- Cryptocurrency trading only
- Limited deposit & withdrawal methods
- No MetaTrader platforms
In this detailed Paymium review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Paymium is a cryptocurrency exchange that offers solutions for merchants and payment processors allowing them to process payments in bitcoins and altcoins with competitive transaction costs. Paymium.com is the first European Bitcoin marketplace that is compliant with EU regulations on payment services. Traders are provided with an intuitive trading platform, useful trading tools, educational resources, and a customer support team to assist them.
Paymium is a company registered under French law as PAYMIUM SAS, operating the paymium.com site and service, having its registered office at 92100 Boulogne-Billancourt, 73, rue du Château, and listed in the Commercial Register under number 533 264 800.
Traders from different parts of the globe can open a trading account with Paymium provided that doing so would not be contrary to any local law or regulation.
Some Paymium features and products mentioned within this Paymium review may not be available to traders from certain countries because of legal restrictions.
Trades are carried out using the Exchange’s proprietary trading platform. It is an advanced trading platform that offers a new approach to trading. The platform features elegant and precise graphs that are updated in real-time on a single screen.
There are also advanced functionalities for expert traders, including customisation tools, colours, graphs, and more. It is available as a WebTrader that can be directly accessed via the Exchange’s website and other modern web browsers.
There is also a mobile app that is compatible with Android and iOS devices. It allows you to buy and sell bitcoins wherever you are, follow the market at all times, and create your alerts to be aware of all price evolutions in real-time.
The app has a bitcoin payment terminal and also gives you access to your transaction history and precisely manage your trading positions.
Paymium Trading Tools
Traders are also provided with some useful trading tools to help them get the best out of their trades. These tools include trade APIs, Charts by TradeView, and more.
There is a selection of educational resources on the Exchange’s website. These learning resources include blogs, insights, market news, and an FAQ section that answers some of the most common questions that traders may have.
Paymium offers the following digital assets: Bitcoin, Litecoin, Ethereum, Dai, Bitcoin Cash, Monero, Zcash, Dash, and more.
Paymium Accounts & Fees
Traders are allowed to open a single live trading account. The account is denominated in EUR and BTC. The minimum deposit required to start trading is 0.0005 BTC.
As broker fees can vary and change, there may be additional fees that are not listed in this Paymium review. It is imperative to ensure that you check and understand all of the latest information before you open a Paymium broker account for online trading.
Paymium provides traders with a knowledgeable client support team that is available Monday through Friday during regular business hours to respond to their general, technical, or account-related inquiries. They can be reached via the following contact channels: Live Chat, support ticket, email, and social media.
Paymium Deposit & Withdrawal
The Exchange accepts the following payment methods for both account deposits and withdrawals: credit/debit cards, SEPA transfers, and Apple Pay.
Paymium Account Opening
To open an account, click on the ‘Sign Up’ button on the top right corner of the broker’s website and fill in the registration form properly, and then hit the submit button.
It is imperative to ensure that when you are going through a broker application, you read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Operating from Paris, France, Paymium is a premium digital asset exchange that allows you to trade Bitcoins and other altcoins via its powered crypto exchange — Blockchain.io. They provide traders with all the necessary resources — trading platform, tools, educational resources, and customer support — to effectively trade crypto assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.