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What is Zebpay
Users can purchase, sell, and trade cryptocurrencies using the Zebpay exchange platform. Since its establishment in India in 2014, it has spread to a number of other nations, including Australia, Singapore, and Europe.
Users may simply purchase and sell cryptocurrencies using their local fiat currency utilizing Zebpay’s user-friendly interface. Users can conveniently access their accounts and manage their cryptocurrency transactions while on the go thanks to the platform’s mobile app, which is available for both iOS and Android smartphones.
To support consumers in making wise investment choices, Zebpay also offers a variety of tools like fast buy/sell, recurring buys, and trading charts. Additionally, the site places a high priority on security by putting in place safeguards like two-factor authentication and cold storage of cryptocurrencies to safeguard customer assets.
The history of Zebpay
Mahin Gupta, Sandeep Goenka, and Saurabh Agrawal developed Zebpay in 2014. The three co-founders decided to build a platform that would make it simple for individuals to purchase and sell cryptocurrencies after spotting an opportunity in India’s developing cryptocurrency sector.
Zebpay first concentrated on developing a user-friendly platform and forming alliances with payment gateways so users could quickly exchange their local cash for cryptocurrencies. The business swiftly became well-known in India, where it was one of the biggest cryptocurrency exchanges by 2017.
However, the Reserve Bank of India (RBI) prohibited banks and other financial institutions from working with cryptocurrency exchanges in a circular that was published in 2018. This had a significant effect on Zebpay because it made it challenging for consumers to add money to their accounts and withdraw it. Zebpay consequently stopped operating in India in September 2018.
Zebpay increased its international activities after the shutdown in India, doing so in places including Australia, Singapore, and Europe. To draw new customers to the platform, the company has included fresh features like fast buy/sell, recurring buys, and trading charts.
Zebpay has more than 3 million members worldwide and is currently one of the top cryptocurrency exchanges. The business is committed to offering a secure and user-friendly service for purchasing, selling, and trading cryptocurrencies. As a result, it has continued to innovate and improve its platform.
How Zebpay works
Here’s how Zebpay works:
- Users must first create an account on the Zebpay website or mobile application. To ensure compliance with KYC (Know Your Customer) and AML (Anti-Money Laundering) rules, they will need to supply some basic personal information and go through a verification process.
- Customers can add money to their accounts via a bank transfer or one of the other accepted payment methods.
- Buying and selling cryptocurrencies is then possible by using the money in a user’s Zebpay account. Several cryptocurrencies, including Bitcoin, Ethereum, Ripple, and others, are supported by Zebpay. Users have the option of setting their own prices or placing buy or sell orders at the going rate.
- By putting in limit or market orders, customers of Zebpay can also trade cryptocurrencies. In order to make wise decisions regarding their transactions, users can access real-time price charts and other trading data.
- Customers who want to take money out of their Zebpay accounts can do so by requesting a withdrawal to a bank account or another accepted payment method.
To support consumers in making wise investment choices, Zebpay also offers a variety of tools like fast buy/sell, recurring buys, and trading charts. Additionally, the site places a high priority on security by putting in place safeguards like two-factor authentication and cold storage of cryptocurrencies to safeguard customer assets.
Can Zebpay be trusted
To safeguard user funds, Zebpay has put in place a number of security measures, including two-factor authentication and cold storage of cryptocurrencies. A customer support team is also on hand at Zebpay to help users with any problems they might run across on the site.
Zebpay has taken steps to reduce these dangers and has established itself as a dependable and trustworthy platform for buying, selling, and trading cryptocurrencies, even though no cryptocurrency exchange is fully risk-free.
Does Zebpay charge a fee
Here’s a breakdown of the fees charged by Zebpay:
- Trading fees: Each buy- and sell-order submitted to the platform is subject to a trading fee from Zebpay. Depending on the cryptocurrency being traded and the kind of order (market or limit), different trading fees apply.
- Fees for deposits and withdrawals: When using bank transfers or other payment methods to make deposits and withdrawals, Zebpay may impose a fee.
- Instant buy/sell fees: Users can rapidly buy or sell cryptocurrencies at the current market price with Zebpay’s immediate buy/sell service.
- Fees for recurrent buys: Zebpay also has a recurring buy function that enables users to acquire bitcoins automatically on a schedule.
It’s crucial to remember that costs can change based on the nation and chosen payment option. Users can see a thorough breakdown of the fees levied by the platform on the Zebpay website or mobile app.
