Apr 10, 2019 · 2 min read

London 10th of April 2019

Dear readers

This is our first Medium post written by me Mikael Olofsson CEO & Founder of PayRue.

The purpose of this post is to explain why PayRue was created, where it is today and where it’s going in the future.

PayRue was founded in London in June 2018 and the company is registered at Companies House in the UK no:11482610.

The reason PayRue was founded is we believe in blockchain and cryptocurrencies we believe in the innovation its doing, the enormous talents that are working with this, the amazing projects been founded and being created all over the world.

I think the perception of ownership is changing, I believe that new generation of consumers and entrepreneurs requires a more open play field where the share of ownership is open, transferrable and where people can work under those circumstances that suit them and companies best.

PayRue today is a cryptocurrency wallet that offers Exchange, Transfer, and Payments. The coins available at the time of writing is BTC, ETH, BZ, IXT, USDC, and XLM. Our fees are set at 1% or 0.5% if using IXT for transfers and 1.5% for exchange services.

With IXT we are also excited to offer staking in return for rewards and Membership of IXT Protect to be covered for Travel Crises Management.

PayRue is available as web app application, iOS, and Android in EU, Russia, Ukraine, India, Singapore, South Korea, and Japan.

The question we have been asked since we started PayRue has been “How are you different from any other wallets and exchange providers of cryptocurrencies?” And the answer is “Core services such as wallets, transfers, and exchange are not unique but the way we deliver transparency, cost, security, and innovation we will be unique”.

The future of PayRue is very exciting, we intend to improve and seek regulation for crypto/fiat, we working on insurance solutions through IXT and we aim to be very competitive on prices and value.

We will make public announcement mainly in our Twitter account, this Medium Blog and Press Release if required.

We are very optimistic about the blockchain and cryptocurrencies. We believe in this asset class, we think the add on value and services will only increase and PayRue wants to assist with mass adoption of it.

We want to hear from you, your opinion, your direct questions, and your concerns. Please contact us on Twitter and email as us at

Best Regards


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