Paymium is not just another cryptocurrency exchange platform; it stands as a true pioneer in the French cryptocurrency ecosystem. Founded in 2011, just two years after the advent of Bitcoin, Paymium quickly established itself as a leading figure in the French crypto landscape, outpacing many foreign competitors with its vision and innovation.
What primarily sets Paymium apart in a competitive sector is its unwavering commitment to security and strict adherence to regulatory standards. From the beginning, Paymium chose to set a high bar for security, a decision that has earned it the trust of over 250,000 users. Its compliance with French regulatory standards is evidenced by its registration with the Autorité des marchés financiers (AMF) as a Digital Asset Service Provider (PSAN), a notable distinction that underscores its seriousness and reliability.
Paymium’s approach to managing client funds is also noteworthy. Unlike some platforms that may speculate with users’ assets or share them with third parties, Paymium adopts a “full reserve” policy, ensuring that one Bitcoin deposited is one Bitcoin securely kept. Funds are stored in “cold storage,” meaning on devices not connected to the internet, thus minimizing the risks of cyberattacks.
Recognition by the AMF and Paymium’s security strategy are just a few examples illustrating why this platform stands out as a top choice for cryptocurrency investors in France. By signing up with Paymium, users benefit not only from a secure and regulatory-compliant platform but also from the expertise of a historical and recognized player in the cryptocurrency world. For more information on Paymium and other AMF-regulated crypto platforms, we recommend reading reviews on Moneyradar.
Paymium excels in the crypto ecosystem thanks to its unwavering security measures and a range of tools and services tailored to both individuals and professionals.
Security is undoubtedly Paymium’s major asset, with robust measures such as cold storage to guarantee the safety of clients’ funds. This method involves keeping cryptocurrencies on physical devices not connected to the internet, drastically reducing the risk of cyberattacks. Additionally, the full reserve approach ensures that each cryptocurrency unit deposited by a user is faithfully preserved and available at all times, reinforcing trust in the platform.
The user experience on Paymium is also designed to offer maximum ease of use, especially for beginners. With a clean and simplified interface, users can easily buy cryptos or set up a recurring purchase plan (DCA) without navigating a complex interface designed for experienced traders. This makes Paymium particularly accessible to those taking their first steps in cryptocurrency investment.
Paymium is not limited to individuals; the platform also offers a variety of tools and services for professionals. Companies looking to invest in cryptocurrencies will find a valuable partner in Paymium, particularly through its OTC (Over-The-Counter) service. This service provides personalized assistance for large-scale transactions, ensuring discretion and efficiency for purchases or sales over €50,000.
For merchants, Paymium provides a “merchant button” feature that allows them to receive cryptocurrency payments directly into their Paymium account. This easy and quick-to-implement integration is ideal for businesses looking to expand their payment options and attract a crypto-enthusiastic clientele.
Using Paymium for your cryptocurrency investments is a simple and straightforward process designed to facilitate beginners’ access to cryptocurrency markets while offering the necessary features for experienced traders.
The first step is to create an account on Paymium. Visit the official website and click on the registration button. You will need to provide a valid email address and choose a secure password. After accepting the terms of use, you will receive a confirmation email to verify your address.
As a regulated platform, Paymium requires identity verification to fully activate your account. This process, in line with KYC (Know Your Customer) regulations, requires submitting a valid ID (passport, national ID card, or driver’s license) and a recent proof of address. Phone verification is also required, adding an extra layer of security to your account.
Once your account is verified, you can start buying cryptocurrencies. Paymium offers two main purchasing methods: bank transfer or credit card.
Associated Fees:
Fees on Paymium vary depending on the purchase method and trading volume. For high-volume transactions, fee reductions may apply, making the platform more attractive for active traders. Additionally, referring new users can earn you further fee reductions on your operations.
Paymium stands out with a transparent and competitive fee structure, essential for cryptocurrency traders and investors seeking to maximize their returns.
Trading fees on Paymium vary based on 30-day trading volume and the type of order used (maker or taker). High-volume traders can enjoy reduced fees, making the platform attractive for active users. For instance, fees can decrease from 0.40% to 0.05% for takers depending on trading volume.
Paymium rewards active traders with a decreasing fee structure based on trading volume. This means the more you trade, the lower the fees per transaction will be, encouraging regular activity on the platform.
A crucial aspect to consider is the inactivity fees applied by Paymium. Accounts inactive for an extended period are subject to fees starting at 5% for an account inactive for 3 years. These fees aim to encourage regular use of the platform and avoid the accumulation of dormant accounts.
The Paymium mobile app is designed to offer users easy and intuitive access to their cryptocurrency investments anytime and anywhere. However, user reviews on app stores show a mixed reception.
Paymium’s customer service is often highlighted in user feedback. The support team is described as responsive and efficient, offering assistance in French, which is particularly appreciated for resolving complex issues.
Security is a top priority for Paymium, which implements rigorous measures to protect users’ assets and data.
