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. On 8 April 2021, it was a approved as a so called DASP (Digital Asset Provider) by the Autorité de Contrôle Prudentiel et de Résolution (ACPR). When you are a DASP, you agree to follow the highest standards of compliance and governance for cryptocurrency operators in France.
There are only a few cryptocurrency exchanges in France, but Paymium is the absolutely biggest one.
Paymium is available in to investors from all countries, except for investors from Afghanistan, Bosnia and Herzegovina, North Korea, Ethiopia, Guyana, Iran, Iraq, Laos, Serbia, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, USA, Vanuatu and Yemen.
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 Trading View
Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. The below is a picture of the trading view (in its advanced version) at Paymium:
Paymium Trading fees
This French trading platform's fees for takers are 0.50%. This is around twice the global industry average. Accordingly, the taker fee at the Paymium platform is not an advantage for its users. However, as of 2 April 2020, the exchange offers a discount to makers, thus promoting the liquidity at the exchange. The maker fee is set at -0.10%. This means that makers even get paid to trade. This is a very strong competitive feature of this exchange.
Paymium Withdrawal fees
Paymium does not charge any withdrawal fees at all for withdrawing BTC. In contrast, they even pay the network fees that are involved with any BTC-transaction. This is very unusual and really distinguishes Paymium from most other exchanges.
At Paymium, you can deposit in essentially any way you want Wire transfer and credit cards included. This can be helpful especially for newer crypto investors.
One should generally look out for the different deposit fees charged by exchanges for deposit of fiat currencies via wire transfer or credit cards, and whereas it might be indifferent to you whether you should deposit via wire transfer or credit card, it might be very different fees.
On 24 March 2019, Paymium also announced that they would change their banking partner for fiat currency deposits and fiat currency withdrawals. After this switch, fiat currency deposits and withdrawals will according to the exchange be much faster. According to information to Cryptowisser on 7 June 2019, the banking was successfully completed in May 2019. This banking migration has also resulted in a significant increase in EUR deposit limits: from 10k€/year to 100k€/day (500k€/month). Furthermore, wire processing is now much faster and reliable.