Zebpay, the Singapore-based platform, offers user-friendly crypto wallet services for the iOS platform, web platform, as well as the Android platform. The platform’s focus is providing a rewarding and enjoyable experience for its users. As of now, the platform has 3 million users.
The feature-rich Zebpay:
Zebpay is an awesome choice as the user can enjoy the low as well as the no-fee brokerage on this platform. At Zebpay, you can find a good variety of services that can suit all kinds of trading needs. Let’s start looking at all the key elements one by one:
World’s Most Advanced Wallet-Security Offered:
Zebpay offers the world’s most advanced secure wallet system. The platform’s wallet hasn’t got hacked in the last five years; still, the company doesn’t want to rest on the laurels. It has gone ahead to form a separate company called ZebPay group, Genie Technologies Pte. Ltd., which is solely going to focus on enhancing security. Zebpay hasn’t revealed all the details of the safety features yet, but it has hinted at the layered structure of the safety feature it is going to offer by saying-
“…but imagine safes within safes within safes, enterprise-grade multi-sig technology, putting thousands of barriers between a would-be hacker and your crypto literally.”
Minimal Flat Fee for The Wallet Maintenance from March 1st, 2020:
The platform has declared that it will charge a nominal monthly fee of 0.0001 BTC per member until the launch of its crypto-crypto trading this year. This fee is roughly equivalent to USD 0.80 / SGD 1.1 / INR 60. Here are a few points to keep in mind:
- Please note that it is a flat fee and not a percentage.
- The inactive trading accounts will have to pay the fee even after the launch of the crypto-crypto trading, to maintain their wallet services.
- Those with zero balance in their Zebpay wallet are exempt from this fee.
- On trading with no-fee pair of the month, there won’t be any fee charged.
The Fiat Currencies and Cryptocurrencies Supported by Zebpay:
As of now, the crypto platform supports AUD (Australian Dollar) and EUR (Euro) as acceptable fiat currencies.
Following is the list of cryptocurrencies, Zebpay supports:
- Bitcoin (BTC)
- ETH (Ethereum)
- XRP (Ripple)
- BCH (Bitcoin Cash)
- EOS (EOS)
- LTC (Litecoin)
Payments Methods on the Zebpay Platform:
Making payments on the Zebpay platform is pretty easy. By far, the platform supports two ways of making a platform. They are- bank transfer, and through cryptocurrency.
What Is the Platform Trading-Fees on Zebpay?
The platform trading fees at Zepbpay is 0.4 percent trading fee for the corporate and the trust fund customers. For the retail customers, as per the Zebpay platform, there are ‘zero trading fees across our platform.’
Is There Any Deposit or Withdrawal Fee at Zebpay?
Nope, there is no deposit or withdrawal fee at Zebpay.
The Crypto-Based Network Withdrawal and Deposit Fee:
A point that you should keep in mind is that there are some fees charged towards the network withdrawal and deposit transactions when it comes to cryptocurrency transfers. For instance:
- For ETH withdrawal, a fixed fee of 0.015 ETH is charged; for LTC withdrawal, a fixed fee of 0.01 LTC is charged.
- Similarly, for XRP withdrawals, a fixed fee of 0.15 XRP is charged, whereas, for BCG withdrawals, a fee of 0.001 BCH is charged.
- For the BTC withdrawals, the variable network fee is applied.
Where Can You Find Zebpay?
Zebpay has been focusing its services mainly in European countries such as Germany, France, Denmark, Malta, etc. It’s also serving Australia.
Zebpay’s Indian Saga:
Last year the crypto exchange tried to expand in India, the second-largest country population-wise. But it had to face a halt due to the uncertain regulatory circumstances in India. At that point the crypto exchange said:
“The curb on bank accounts has crippled our and our customer’s ability to transact business meaningfully. At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business.”
A Bounce-Back Attitude of Zebpay:
Thankfully, the crypto exchange is back with all the more zeal this year since the RBI (Reserve Bank of India) has offered clarification on the crypto laws and regulations. RBI, after last year, has rendered crypto transactions as legal transactions, but they will not be legal if any bank or any financial institution will be involved in it.
Recently, on 30th Jan, Zebpay confirmed its return to the Indian market, on its official Twitter handle. Zebpay’s return has occurred with great gusto for a brand new vision to offer the Indian market with services like:
- Unique crypto to crypto trading services
- No-fee trading pairs
- Amped up security features
- User-focused innovations
- Passive income and borrowing on cryptocurrency
In Zebpay’s word:
|“ZebPay is back, with new owners and new leaders. Our new CEO is Rahul Pagidipati, a veteran entrepreneur with over 20 years’ experience building long-lasting billion-dollar companies. With a new CFO, CMO, and Chief Strategy Officer, we have got a new vision to become one of the most trusted, innovative blockchain service companies in the world.”|