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Home CryptoCurrencies Centralized Exchange

Paymium.com Cryptocurrency Exchange Review : SEPA to Paymium are free of charge

Verna by Verna
August 26, 2019 - Updated on April 21, 2020
in Centralized Exchange
Reading Time: 4 mins read
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About Paymium.com 

Paymium.com Founded in 2011, Paymium is pioneering Bitcoin services, with several tens of thousands of European customers. Paymium.com is the first European Bitcoin marketplace compliant with EU regulations on payment services.

Paymium also offers solutions for merchants and payment processors allowing them to accept payments in bitcoins, while avoiding currency risks and reducing transaction costs. Paymium is a French company headquartered in Paris.

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Paymium is a French cryptocurrency exchange that has been around since forever. Or, since 2011, which is basically the same as forever in the cryptocurrency world.

There are only a few cryptocurrency exchanges in France, but Paymium is the absolutely biggest one. This exchange only offers trading in Bitcoin. If you would prefer a coin exchange with a more extensive selection of trading pairs, we recommend you to check out Changelly or KuCoin.

Operating company

Exchange name Paymium.com
Support 24/7
Deposit Free
Futures trading Present
Trading Fee 0.2%
Withdraw Limit 100 000€
Official site https://www.paymium.com

Paymium account registration method

  • First, click “Sign Up” in the upper right corner from the Paymium.com top page
  • Then set up your email address and password.
  • After setting the mail address and password, click “Get code”
  • Since an e-mail code is sent to the registered e-mail address.
  • If you click “Get code”, there is a time limit of 60 seconds, so let’s input within 60 seconds.
  • Finally, check the agreement of the terms of service and check “Sign Up” and register your account with Paymium.com.

Trading

Paymium.com 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.

This French trading platform doesn’t charge different fees between takers and makers. Their fee model is instead something called a “flat fee model”. The exchange offers a flat trading fee of 0.20% (updated on 29 May 2019, previously 0.59%). 0.20% is in line with industry average. The industry average is arguably around 0.25%

Type Fee
Standard fee 0.2%

Deposit & Withdrawal Euro Limits

Paymium does not charge any withdrawal fees at all for withdrawing BTC. This is a strong competitive edge in the market and distinguishes Paymium from most other top crypto exchanges. These limits apply when making a deposit or a withdrawal in Euros.

Type Daily Monthly
EUR Deposit limit 100 000€ 500 000€
EUR Withdrawal limit 100 000€ 500 000€

Bank wires

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

Type Fee
Incoming SEPA EUR wire Free
Outgoing SEPA EUR wire 0.99 EUR

Special features Of Paymium.com

Mobile app

Paymium.com offers its own mobile trading application for Android and iOS devices. It allows users to create alerts, manage orders and positions and to pay in Bitcoins instantly.

Convenient Payment methods. 

In addition to credit cards, which are subject to a lot of limitations, Paymium accepts payments through a SEPA bank transfer (EU) and in Bitcoin.

Low Transfer fees.

Paymium.com via SEPA to Paymium are free of charge and withdrawals cost just €0.99. Incoming and outgoing transfers in Bitcoin are free of charge. The company even covers the network fee.

Paymium.com Customer Support

You can get access to customer support at Paymium.com through a customised ticket system. To raise a query, enter your name, email address, write a brief description and one of the listed categories in a drop-down menu and submit the ticket.There is also a frequently asked questions (FAQ) section which addresses most basic queries. In addition, you can send an email at [email protected]Paymium.com.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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Verna

Verna

One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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