ZebPay is a centralized crypto exchange that debuted in 2014, in India. However, despite being India-based, the exchange is also popular in Australia and Singapore. ZebPay allows users to trade various popular crypto assets using Instant Buy & Sell option or exploring more advanced features. It also provides users with the option of OTC trading. Besides trading, ZebPay allows users to lend their assets or hold them to generate more.
Since ZebPay is a centralized exchange, it requires its users to pass through the KYC verification process. Besides, users can access the ZebPay exchange through desktop and mobile devices.
Markets
The exchange offers the ZebPay spot market. However, there is no option for leverage or margin trading. There are over 100 ZebPay trading pairs on its spot market. Besides, the exchange is both a crypto-crypto and a crypto-fiat exchange. The fiat currencies available on ZebPay are AUD, EUR, INR, and SGD. Check out the current ZebPay trade volume above.
There are no ZebPay crypto fees for deposits and withdrawals. There is only a trading fee of 0.4% that is applicable on all transactions for corporate and trust funds. The only other ZebPay exchange fees that the user might have to pay are 0.0001 BTC for Indian consumers only if they go a whole month without making a single deal. Though it is not applicable to anybody else in other parts of the world.
Other Services
Apart from trading, users can earn passive income by lending their tokens. The exchange offers the potential to earn up to 4% returns for fixed crypto deposits.
Zebpay has also made the decision to expand into the field of non-fungible tokens (NFTs), and it has done so by launching the Dazzle NFT project. Users of ZebPay can acquire Dazzle NFTs through various programs.
Moreover, users can make extra secure transactions by employing the proprietary security protocol of ZebPay called Omnitrixx.
Additionally, ZebPay cryptocurrency exchange provides its customers with an OTC desk, which is a unique solution designed for consumers who trade in big volumes of cryptocurrency assets. ZebPay OTC offers white-glove support for the whole trading process, starting with a free industry-specific consultation and continuing through trade execution, transaction reporting, and market research.
About the Company
ZebPay is one of the oldest cryptocurrency exchanges as it was founded in 2014. The company's headquarters are in Singapore, while its registered office is in Australia.
Sandeep Goenka, Saurabh Agarwal, and Mahin Gupta are credited with being the original creators of ZebPay. The same year as it was founded, the exchange launched a wallet service. The ZebPay app for traders was first made available in July 2015. By December 2017, the ZebPay volume reached $1 billion.
However, the Reserve Bank of India (RBI) issued a notice in 2018 declaring that companies authorized by it must not trade in virtual currencies. This notification resulted in the closure of various exchanges in the nation, including ZebPay's activities in India.
In 2020, Rahul Pagidipati purchased ZebPay and relaunched the exchange in India. Prior to this, ZebPay had already established a foothold in a number of countries, including Australia and other nations.