- ZebPay Exchange Platform Review
- How to Register
- Key highlights
- ZebPay Payment Modes
- Brief Walk-through for Beginners
- Is ZebPay Safe to Use in India?
- Is it Legal in India?
- Can I Withdraw Money from ZebPay now?
- How to Withdraw Funds from ZebPay?
- Educational and Research Tools
- Crypto Ban: How ZebPay Rose like a Phoenix from its Ashes
- Supported Countries
- The Verdict
ZebPay is a crypto exchange platform that first marked its presence in October 2014 with the launch of Bitcoin wallet in India. ZebPay is a popular brand in the crypto space and now features 3 million users (95% from its home country India), $ 2 billion fiat transactions, and $ 3 billion cryptocurrency transactions across 160+ countries. The cryptocurrency trading platform enables its users to buy, sell, store, and use crypto.
ZebPay is now one of the world’s most trusted brands for bitcoin exchange. The owner and CEO, Rahul Pagidipati, announced that cryptocurrency would be a ₹ 10 million industry by 2030. ZebPay is a Singapore based platform that prides itself on having its user base in countries like the United Arab Emirates, New Zealand, Congo Brazzaville, South Korea, Saudi Arabia, and India. This review aims to present the key features of ZebPay bitcoin exchange wallet and cover key development in ZebPay’s journey.
1) ZebPay Exchange Platform Review
ZebPay – Overview
ZebPay’s cryptocurrency exchange platform enables users to buy and sell cryptocurrencies like Bitcoin, Litecoin, Ether, Bitcoin Cash, XRP, EOS, etc. ZebPay is available on iOS and Android and focuses on long-term value investment. The cryptocurrency exchange’s app offers a simple, user-friendly interface, and is easy to navigate and well-equipped with advanced trading features. ZebPay has uploaded a bunch of youtube videos in regional languages for beginners. It has recently introduced a referral program to reach the masses.
The following information will further guide you to use the ZebPay app. From information about its application to its core compliance value, this review intends to evaluate Zebay in its totality.
2) How to Register
ZebPay – Sign Up
Did you know you can start as low as ₹100 worth of bitcoin with ZebPay? All you have to do is fill the KYC with valid information and upload two photographs after you have finished downloading the app. The app will prompt you to register your bank account and deposit the money, and you are all set to begin your crypto journey with ZebPay.
3) ZebPay app: Key highlights
ZebPay – Key Highlights
- It follows an unbreachable security protocol.
- It is easy to use and navigate.
- It is reasonably priced.
- The transactions are lightning-fast that other exchange wallets do not offer.
- It is trusted by 3 million users across the globe.
4) ZebPay Payment Modes:
- Net banking
- Instant deposit through your bank by way of IMPS, NEFT, or RTGS
- Bank transfer
ZebPay – Payment Modes
You may click the following link to understand how to use these modes of payment for a ZebPay account: https://ZebPay.com/crypto/getting-started-with-ZebPay-make-your-first-trade/
5) A Brief Walk-through for Beginners:
- To trade the crypto-INR, you have to select a digital token like bitcoin, litecoin, ether, etc.
- Swipe up to view trading options and set the buying and selling limit order, and place the order.
- To view the order details, tap on “Book”.
- To trade the Crypto-INR, you have to select a digital token like bitcoin, litecoin, ether, etc.
- Tap the Crypto-Crypto pair, then select the buying and selling limit order and place the order.
- The trade will reflect in the book once it is successful.
Click on the following link for more details:
6) ZebPay App Fees
- ZebPay currently offers zero trading fees on BNB-INR pairs, so be sure to grab it.
- If you place the order immediately, you will have to pay the Takers fees of 0.25 %.
- If you hold on to match the order, then there would be a nominal Makers Fee of 0.10 %.
- ZebPay charges 1.10% for Intraday transactions.
- If you are dealing in USDT-INR and Crypto-Crypto, then trading fees are flat 0.10% for Maker, Taker, and Intraday transactions.
Monthly Membership Fee
- The membership fee is approximately ₹ 75.
- The trick to avoid the membership fee is to make at least one transaction every month.
ZebPay – Deposit Fees
- For Fiat Transactions:
- Any deposit method other than Net Banking is absolutely free.
- Net banking is charged just at 1.77%.
- For Crypto Transactions:
- No fee is charged for crypto transactions.
- Withdrawal fees for fiat transactions are nominal and are approximately ₹ 10.
- The withdrawal fees for Crypto transactions are variable, and the list is available on their website.
Note: The above-mentioned fees may differ from country to country and are subject to change.
7) Is ZebPay Safe to Use in India?
ZebPay – Safe In India?
ZebPay wallet follows a stringent verification process that authenticates the validation of each of its users. The users are required to submit the KYC to use ZebPay before making any transactions. It has a multi-layered security system that safeguards the information and cryptocurrency exchanges like an army of knights. .ZebPay offers two-factor authentication for its OTC trading platform. Approximately 98% of cryptocurrency is air-gapped in cold storage, and the gateway access is off-limits. So, its ecosystem is devoid of a single loophole. The Omnitrix security platform further shields the digital money with its labyrinthine network, and ZebPay’s firewall structure blocks access of any individual, Internet Service Provider (ISP), or employee. Also, it has introduced third-party testing that tests the security system from time to time and rewards those who report bugs in the system. It is worth noting that the ZebPay exchange platform protects its crypto wallet services just like Templars protect the Holy Grail.
8) Is it Legal in India?
ZebPay’s success was eclipsed by RBI’s ban on cryptocurrency exchange platforms in 2018. ZebPay had temporarily suspended its business operations in India because of the ban around late September 2018. Since the Supreme court has now lifted the ban, ZebPay is back in the race and is legal in India.
9) Can I Withdraw Money from ZebPay now?
ZebPay – Withdrawal
ZebPay allows the withdrawal of fiat money whenever required but only to your registered bank account. It does not allow withdrawals to any other bank accounts or e-wallets. However, ZebPay has observed that 60 % of users on exchange platforms hold the cryptocurrency instead of withdrawing. Rahul Pagidipati envisions that people will even pass along some portion of Cryptocurrency for their future generations.
10) How to Withdraw Funds from ZebPay:
- On your app, select “withdraw”.
- ZebPay allows only bank transfer, so select it.
- Enter the amount you wish to withdraw and hit “proceed to withdraw”.
- Check if the bank details on the app are accurate and hit “OK”.
- Enter your PIN to confirm the withdrawal.
- You shall receive a notification to confirm if the withdrawal was successful.
11) ZebPay’s Educational and Research Tools
- It has introduced E-book on its website.
- It has uploaded multiple videos on its website and youtube that are available in other regional languages too.
- Blogs and information on its social media handles.
- Daily technical analysis is available on its website.
12) Crypto Ban: How ZebPay Rose like a Phoenix from its Ashes
ZebPay – Features
ZebPay was a leading brand in the cryptocurrency market when RBI announced a ban on cryptocurrency around early 2018. The ban forced ZebPay to move out of India temporarily that led to the downfall of ZebPay in India. RBI stated that the move was to curb the threat to the central banking system from the unstable nature of digital money. It discouraged e-wallets and banks from participating in any form of transactions related to the cryptocurrency. The then CEO Ajeet Khurana mentioned it had to withdraw from its home country India where ZebPay was popular among the masses. But the ZebPay team knew it was only a bend in the road and met new milestones in the overseas market and focused on the ways they could make this app safe and secured. In March this year, the Supreme court ruled out in favor of crypto trading platforms. ZebPay was ready with its upgraded and secured version of their app and announced the relaunch. The efforts to make ZebPay extremely safe paid off, as it witnessed an increase of user base by whopping four times and active customers grew by twenty times and with this, ZebPay is back on the top in the race of exchange wallets. It broke all records with transactions worth $ 10 million daily. ZebPay’s success reflects through their increase in manpower requirements, as they are planning to scale it to 130 by next year, and they offer work-life balance too.
13) ZebPay Supported Countries
ZebPay – Supported Countries
Costa Rica, Burkina Faso, Burundi, Benin, El Salvador, French Guiana, Denmark, India, Sint Maarten, Sri Lanka, Sierra Leone, Cape Verde/ Kabu Verdi, North Korea, Saudi Arabia, Guinea Ecuatorial, Turkey, South Africa, Republic of Congo, Hong Kong, Caicos Islands, Åland Islands, Virgin Islands, South Korea, Dominican Republic, Papua New Guinea, São Tomé and Príncipe, Northern Mariana Islands, Congo Brazzaville, Česká Republika, Bosnia and Herzegovina, Central African Republic, Equatorial Guinea, New Zealand, Caribbean Netherlands, United Arab Emirates, and the United Kingdom.
For more information, you can call on their customer care number or also visit their website and choose your specific country for relevant information.
ZebPay has proven its worth with $ 3 billion worth of transactions in the cryptocurrency with its 3 million loyal users. It made headlines as it announced the launch of Non-fungible token (NFT)- Dazzle, which is set to carve another milestone. ZebPay is a renowned brand for its robust security protocols, user-friendly interface, and its popularity in India. With this success achieved within months, ZebPay is already on the way to achieve its mission to be one of the Top Cryptocurrency Exchanges in India. By building an effective ecosystem with features that facilitate its users to trade effectively through its exchange wallet, ZebPay has been a game-changer.