Paymium announced today the launch of Blockchain.io, a new European cryptocurrency trading platform. Created in 2011, Paymium is also the first “exchange” which is compliant with the requirements of the European regulations on payment service providers. By creating Blockchain.io, Paymium wants to offer new investors a bridge between the different blockchains where exchanges can take place safely and transparently.
Since the invention of the Bitcoin protocol, and the first blockchain which started in January 2009, many projects have created their own currency.
In 2017, the equivalent of $5 billion was raised in the form of an ICO, effectively turning cryptocurrencies into a new financing mechanism complementary to traditional venture capital. Beyond the financial aspect, it is the decentralized governance of blockchain technologies that today attracts thousands of communities around the world and draws more and more economic players.
What is at stake is to facilitate the adoption of a multitude of new freely tradeable currencies, exchangeable at once against one another, as well as with traditional currencies. With users of a digital token becoming ambassadors of the underlying network, ICOs provide not only an innovative project financing mechanism but also a powerful marketing platform.
To ensure a smooth user experience across multiple currencies, Blockchain.io aims to be the most reliable marketplace where these currencies and tokens will be traded safely. ICO tokens will be listed on the trading platform only after a thorough technical audit and compliance review. The Blockchain.io trading platform has been designed and will be operated with a focus on security, reliability, and transparency.
“Communities around the world are creating their own currencies, expressing a new form of sovereignty and contributing to the construction of the Internet of Value. A cryptocurrency exchange like blockchain.io allows people to trade seamlessly between multiple digital currencies thereby offering the simplest access to the internet of value.”
Founded in 2011 by Pierre Noizat and Gonzague Grandval, Paymium is the first European platform for buying and exchanging bitcoins for euros, in compliance with European regulations. Paymium allows customers to keep their bitcoins safe, trade them and transfer them to other wallets. Paymium also offers a trading interface for its most advanced users. Since its creation, Paymium has raised two million euros in 2015 from Xavier Niel’s investment fund (KIMA Ventures), Newfund, Galitt, BPI France and from a group of business angels to support its development in Europe and strengthen its investments in R&D. To date, Paymium has earned the trust of 170,000 registered customers.