deposit:
- $1
Trading platform:
- Proprietary platform
Paymium Review 2024
deposit:
- $1
Trading platform:
- Proprietary platform
- Investment programs
Summary of Paymium Crypto Exchange
Paymium is a high-risk cryptocurrency exchange with the TU Overall Score of 2.74 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Paymium clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Paymium ranks 158 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
The key specifics of the Paymium cryptocurrency exchange include maximum security of funds, officially licensed, and state regulated.NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
The Paymium cryptocurrency exchange was created in 2011 in France and is headquartered in Paris. Paymium is a subsidiary of UAB PAYRNET and is registered with the number 305264430. The company presents itself as the first Bitcoin exchange and is certified by the EU to provide payment services using digital currencies.
Paymium accommodates sellers and separate payment systems by receiving crypto payments without the risks associated with fluctuations in fiat rates.
💰 Account currency: | EUR, BTC, and ETH |
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🚀 Minimum deposit: | $1 |
⚖️ Leverage: | 1:1 |
💱 Spread: | Market |
🔧 Instruments: | Cryptocurrencies and P2P trading |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with Paymium:
- Official registration with the French regulator L'Autorité des marchés financiers (AMF) with the number E2021-011;
- Its interface is not overloaded with unnecessary elements. Anyone can get comfortable with the functions of the exchange’s website;
- Secure service. Over 90% of the assets are stored in cold wallets;
- Centralization. This exchange’s business is regulated by the state and European regulatory bodies;
- A convenient interface and every client gets a personal manager;
- Minimum fees for working with crypto and fiat currencies;
- Commercial offers for large clients;
- Funds can be added to accounts in different ways, including SEPA and SWIFT.
👎 Disadvantages of Paymium:
- Limited number of cryptocurrency pairs;
- Deposits and withdrawals require mandatory verification;
- Limited number of language versions of the website.
Evaluation of the most influential parameters of Paymium
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Expert Review of Paymium
Paymium is a French cryptocurrency exchange, which was one of the first platforms to receive an official EU license for business with digital assets. In over 10 years, this exchange has become popular with more than 250 thousand users worldwide.
Cryptocurrencies are traded in such pairs as BTC/EUR and ETH/EUR. Presently, other fiat money is not supported. The platform has its own referral program both for new and old clients.
If an account on Paymium has not been active for more than three months, the exchange charges 0.002 BTC monthly but no less than 10% in a year. The same goes for EUR and BCH. An additional fine of 30 EUR can be charged if a payment problem occurs due to a client’s fault. For example, if a user indicates the wrong e-wallet or causes a payment to fail.
Dynamics of Paymium’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
Paymium provides very specific instruments for cryptocurrency trading. For instance, there is the OTC Desk, which enables verified users to trade Bitcoins using over-the-counter technology. It gives them access to higher liquidity and personalized support in real-time, and their assets are protected by the state. To trade using the OTC Desk, a client has to fill out a short form on the website. He will be contacted by a specialist from the crypto exchange to discuss the individual conditions for cooperation.
Paymium’s investment programs
The Paymium crypto exchange offers its users the opportunity to make investments through the OTC Desk program. Its essence is the early purchase or sale of cryptocurrencies. Clients who trade in large volumes can request an individual commercial offer.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Paymium’s affiliate program
The platform has a referral system that promotes the reduction of commissions. All traders participate in this referral system automatically. Every participant receives BTC and EUR as rewards in the amount of 30% of the fees paid by his referrals. The rewards accrue in his balance automatically. They can be used for trading or withdrawn as crypto or fiat currency.
There are no unique differences between the offers on other exchanges. It’s the same referral system or affiliate program, which partially compensates for the commissions paid by an invitee. Unlike other crypto exchanges, Paymium pays rewards in EUR and BTC. Percentages accrue right after invitees make transactions.
Trading Conditions for Paymium Users
The French centralized Paymium exchange charges market average fees of up to 0.5% from takers. And for makers, the fees are negative, i.e., the exchange pays them 0.1% of their transactions.
$1
Minimum
deposit
1:1
Leverage
24/7
Support
💻 Trading platform: | Proprietary platform powered by TradingView |
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📊 Accounts: | Verified and unverified accounts on a P2P platform |
💰 Account currency: | EUR, BTC, and ETH |
💵 Replenishment / Withdrawal: | Debit and credit cards, Р2Р cryptocurrency trades, and external services |
🚀 Minimum deposit: | $1 |
⚖️ Leverage: | 1:1 |
💼 PAMM-accounts: | No |
📈️ Min Order: | No |
💱 Spread: | Market |
🔧 Instruments: | Cryptocurrencies and P2P trading |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | No |
⭐ Trading features: | Investment programs |
🎁 Contests and bonuses: | Offered regularly |
Broker comparison table of trading instruments
Paymium | Bybit | MEXC | Binance | Zoomex | XT.com | |
Forex | No | No | No | Yes | No | No |
Metalls | No | No | No | No | No | No |
Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
CFD | No | No | No | No | No | No |
Indexes | No | No | No | No | No | No |
Stock | No | No | No | No | No | No |
ETF | No | No | No | No | No | No |
Options | No | No | No | No | No | No |
Paymium Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
Standard | Starting at $0.99 | Yes |
Cryptocurrency exchanges offer different trading conditions. In the table below, analysts at the Traders Union provide a comparison of the fees on three crypto exchanges in ascending order.
Broker | Average commission | Level |
Paymium | $0.99 | Low |
Binance | $6 | Medium |
Bybit | $20 | High |
Contacts
Foundation date | 2011 |
Registration address | PAYMIUM 73, rue du Château, 92100 Boulogne-Billancourt FRANCE |
Official site | https://www.paymium.com/ |
Contacts |
Email:
support@paymium.com,
|
Read also about other cryptocurrency exchanges:
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FAQs
Do reviews by traders influence the Paymium rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Paymium you need to go to the broker's profile.
How to leave a review about Paymium on the Traders Union website?
To leave a review about Paymium, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Paymium on a non-Traders Union client?
Anyone can leave feedback about Paymium on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.