Paxum

From Bitcoin Wiki
Revision as of 01:00, 14 February 2012 by Sgornick (talk | contribs) (Add references to Paxum ending transactions to and from bitcoin exchanges.)
Jump to: navigation, search

An online e-wallet used for transferring funds from banks. Once funds are in Paxum they can be transferred between individuals. For a period of time, Paxum was useful for transferring funds to and from some Bitcoin exchanges directly however Paxum discontinued this in February, 2012.

Paxum users can have accounts in one or more of the following currencies:

  • U.S. Dollar (USD)
  • Euro (EUR)
  • Canadian Dollar (CAD)

History

MtGox first supported Paxum as a method for adding USD funds accounts on December 7, 2010[1].

Paxum added EUR and CAD accounts on July 15, 2011[2].

TradeHill started support for Paxum as a method for adding funds and withdrawing on July 28, 2011 for all three currencies that Paxum support[3]. Mt. Gox announced support for deposits of the newly supported currencies EUR and CAD on July 29, 2011[4].

On February 12, 2012 Paxum made an official announcement that due to pressure from its banking partners that it was no longer able to service Bitcoin exchanges[5], [6].

See Also

External Links

References