Europe's biggest exchange by volume of transaction is set up to launch Blockchain.io which promises to be an even greater exchange. Paymium has been operational since 2013 and has amassed over 175,000 trusted user accounts which may not sound like much when you compare it to Coinbase's 20 million accounts or Binance's 7.9 million accounts but if you take into account that it has only been trading strictly in Euro's then that becomes an incredible feat. Incredible enough to boast the continent's largest transaction volume.
Trading only in Bitcoin and Euro pairs has obviously left a huge gap in the market untapped and now they're looking to make amends by launching a new exchange that is going to include a wide range of alt-coins such as Litecoin, Monero, and Ethereum etc. Its CEO looks to attract 2 Million users before the end of 2019, more than 10x the number of accounts Paymium handles today. This means that there's a huge upside in getting in on the ground floor of what already is Europe's #1 exchange and it's only going to get bigger.
The company is already registered with both EU regulators and the SEC as it plans to branch into new economic systems and markets. New trading pairs will include the US dollar, the Japanese yen and the Korean won amongst others. Free transfers will occur between the Paymium exchange which will handle fiat trades and the Blockchain.io exchange handling all the crypto to crypto trades.
Blockchain.io will offer technology services and protocols enabling atomic swaps and the ability to execute third-party ICO's will make this exchange a top contender in the market. To put the cherry on top, peer-to-peer lending will allow traders to borrow funds from other users or even directly from the blockchain.io inventory for the larger sums.
Its Initial Coin Offering is scheduled to go live on the 17th of September this year and you can already to be on the whitelist when the hammer drops. What I like especially about this particular ICO is that it already has a track record of over 5 years with the Paymium exchange. This means the team is highly experienced and the project will easily converge with the existing 175,000 users, talk about a home run ICO.
One of my most important requirements in any project I invest in is support first and then security. It pleases me to know that this project has 24/7/365 support to attend to my inquiries whenever needed. In terms of security, the Paymium exchange has never been hacked in all its 5 years of operations, is finance and technical audited with a 98% cold storage meaning they can afford to fulfill every user's withdrawal requirements.
There's also an airdrop that is currently taking place until the end of July which involves a process which is unique to me. Instead of the usual 'first come, first serve' basis of most ICO's, blockchain.io has a lottery style airdrop that will credit tokens to 20,000 winners with the minimum payout being β¬18 and a first place prize of β¬14,000 worth of tokens. To join airdrop for free http://vy.tc/fTut598.
Conclusion
I rate this ICO A+ because I have some experience investing in exchange platforms and they've done well but this is the most confident I've felt about an ICO in over a year and I WILL be invested in their ICO this September. I wanted to share this opportunity with you as I would any other whether I invest or not. I stride myself in creating value for all my followers and readers whether it's through knowledge sharing, giveaways, ICO reviews or airdrop information. I hope this post was able to deliver just that for you.
Links: Paymium - https://www.paymium.com/
Blockchain.io - https://blockchain.io/
Please note: This post does not constitute a recommendation to invest. Please do your own due diligence before making investments based on the information shared in this post.
Please share your thoughts and opinions in the comments section below and if you have any questions feel free to ask them.
Until the next one, take care!
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Coins mentioned in post:
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