Zebpay is a cryptocurrency wallet and exchange services that is based in Singapore. The company was established in 2014 by Sandeep Goenka, Saurabh Agarwal and Mahin Gupta, the three co-founders with equal status. They launched their dual service, a crypto wallet and a crypto exchange, in the same year. In July 2015, the company launched their official app. Zebpay quickly grew and amassing numerous users, successfully reaching 1 billion trading volume in December 2017, thus becoming one of the biggest crypto exchanges in the country. Sadly, in 2018, a change in crypto regulations issued by the Reserve Bank of India forced the company to close its door in the country. To counter this, Zebpay launched their global exchange late in the same year. Thankfully, the shutdown of Indian operation didn't knock the company off their footing as they reached 2 billion trading volume in the same year. In March 2019, the company integrated Lightning payments system into their platform, significantly speeding up transaction speed by utilising Bitcoin's Lightning Network. The Australian government finally approved Zebpay in April, and the company began launching the Australian operation in May of the same year. In the following year, Zebpay succesfully launched their Singaporean operation.
In 2020, the company was acquired by businessman Rahul Pagidipati, and later re-launched their operation in India. Currently, their focus is to develop more crypto products like borrowing program and passive income. Their headquarters is located in Singapore, with regional office in Australia, and operational in 162 countries.
Zebpay currently supports the following coins: BTC, ETH, LTC, XRP, BCH, and EOS, with more crypto assets planned to be added in the future. The trading platform is packed with all the advanced features that will assist both novice and professional traders. These including charts, indices, live price trackers, and more. The fee is structured dynamically. There's no fee charged when a user deposits their crypto and fiat funds on the site, and there's no withdrawal fee for fiat funds. Withdrawal fees are different based on which coin a user want to withdraw, and they can check it out on the fee page before withdrawing. There's also deposit limits for coins that are supported here, so please check the limit first before depositing your funds. For Indian users, sadly, there's a membership fee of 0.0001 BTC per month due to the country's crypto regulation.
The company has developed their own non-fungible token, making it the first exchange in India that had done so. The token is called $ZEBRA Token, and owners of the token are entitled to enjoy various benefits on the platform.