Zebpay is app-enabled cryptocurrency exchange and bitcoin wallet provider headquartered in Singapore with registered office in Malta. Zebpay is an innovative Indian start up in the Bitcoin arena with its simple and easy to use bitcoin wallet – where all you need is your mobile number and pin. The wallet is available for both iOS and Android devices and comes with a host of extra features to make the user experience rewarding as well as enjoyable. Users get access to discount vouchers as well as being able to buy bitcoin easily with debit card.
The company was founded by Mahin Gupta in late 2012 under the name Buysellbitco.in and is India’s first bitcoin exchange. Later it was rebranded to Zebpay in September 2014 adding two more partners – Saurabh Agrawal and Sandeep Goenka.
Zebpay is India’s first bitcoin company to launch simplest mobile Bitcoin wallet app that enables bitcoin transactions using mobile number without any complexities to understand bitcoin addresses, taking backups or fear of losing bitcoins. Using Zebpay wallet app, users can buy, sell, store and spend bitcoin using mobile number and a 4-digit pin.
Zebpay was voted as best new bitcoin company at CoinAgenda conference in Las Vegas in 2014.
In September 2016, it was announced that Zebpay had crossed 100,000 downloads on Android and iOS stores combined.
Zebpay crossed Rs 500-crore turnover and did more than Rs 100 crore of trade turnover in November 2016.
In December 2016, Sandeep Goenka interviewed on Rising Stars by Bloomberg TV India.
In December 2016, Zebpay has over 250,000 users.
How to use Zebpay
After verifying your account with Zebpay.com which may take from a few minutes to a couple of days, you are now able to buy BTC from them. To purchase BTC, a deposit of INR must need to be done. Below are ways to get INR into your Zebpay wallet.
- Express Transfer (Kotak Bank) – The minimum deposit for an express transfer from your bank account to Zebpay.com is INR 21 and the maximum is INR 1000.
- Normal Transfer – For a normal transfer the minimum deposit is 5000 INR and the maximum is INR 2000.
- Payment Gateways – For payment gateways, the minimum is INR 2500 and a maximum of INR 50k.
Deposits can be done using Netbanking, Credit/Debit Cards, and online SBI Internet Banking. It may take a few minutes before the balance will reflect under your Zebpay account. To check your account just head on to your wallet balance and click transaction fees. Once your balance is showing, you can now purchase BTC with one button. Please be advised that transaction fees are applied when buying and selling BTC through their App.
Verified users can also transfer funds from one account to the other without any fees, making it easier to have a network of users connected to one another. This would be an easy option for family and friends to send money privately and almost in an instant the balance will reflect on the email provided.
If a user plans to send BTC to a different address the transaction fee is 0.0002 BTC. If a user plans to sell their BTC, just click on sell and the available balance under INR will be automatically updated for their current price of BTC sold.
Verified users are also able to withdraw money from their Zebpay.com account and into their bank accounts. Make sure that your bank account is linked to your Zebpay account before requesting any bank withdrawals to avoid any problems. The fee for bank withdrawal is INR 10 per transaction.
The website earns money from their BTC listing. This means that as a trader, you do not need to worry about leverage, margin fees, and whatnot since all you need to do is deposit INR, press purchase BTC and you’re all good. Or, you can also sell your own BTC for their listed price.
- Platforms: iOS, Android;
- Validation Type: Centralized;
- Wallet Features: 2 Factor Authentication (2FA);
- Url: https://www.zebpay.com/;
- Anonymity: Medium;
- Security: Third Party Encrypted;
- Coins: BTC, ETH, XRP, BCH, LTC;
- Ease Of Use: Easy;
- Zebpay website
- Zebpay on Twittr
- Zebpay – World’s simplest bitcoin app and winner of CoinAgenda 2014, Las Vegas