TagZebpay

Shuttered Indian Bitcoin Exchange Zebpay Breathes New Life in Australia

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ZebPay, Australia, bitcoin exchange, crypto, cryptocurrency

By CCN: Singapore-based Zebpay, which operated one of the largest cryptocurrency exchanges in India, has recently launched its crypto trading solutions in Australia. Starting this week, the new service enables Australian clients to buy Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Ripple (XRP), and Litecoin (LTC) with Australian dollars. With our mission to #SetCryptoFree, we're thrilled to...

Major [Shuttered] Indian Exchange Zebpay Moves to Malta after Central Bank Blockade

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India Bitcoin

The harsh cryptocurrency regulatory climate in India has turned out to be a gift for the self-styled blockchain island of Malta as one of the cryptocurrency exchanges that recently shut down in the world’s second-most populous country has decided to move operations there. First reported by Quartz, Zebpay, one of the biggest exchanges in India, has registered an office in Malta with a view of...

Too Late: India’s Lack of Regulation is Hurting Cryptocurrency Exchanges

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India Bitcoin

Earlier this month, CCN reported that the Securities and Exchange Board of India (SEBI) sent government officials to Japan and Switzerland to better understand Bitcoin and crypto-related regulations prior to a supreme court hearing on a crypto trading ban imposed by the country’s central bank. At the time, many investors in India were optimistic towards the intent of SEBI to obtain better...

Major Indian Bitcoin Exchange Zebpay Shuts Down Due to Banking Freeze

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India Bitcoin

Zebpay, one of India’s biggest cryptocurrency exchanges, has announced the shuttering of all exchange services on Friday following the central bank’s banking ban on the crypto industry. Launch in 2015, Zebpay started trading with an app-only service that quickly became one of India’s most-downloaded bitcoin wallet and exchange apps. With a know your customer (KYC) model, Zebpay struck half a...

Major Indian Crypto Exchange Disables Fiat Withdrawals amid Banking Freeze

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Zebpay Cryptocurrency India

Zebpay, one of India’s largest bitcoin and cryptocurrency exchanges, is stopping customers’ fiat deposits and withdrawals as a result of the central bank’s banking curbs. With an announcement on Wednesday, cryptocurrency wallet and exchange platform Zebpay is moving to disable all Indian rupee (INR) deposits and withdrawals for customers as a direct consequence of the central bank’s mandated ban...

Fiat Withdrawals Could Become ‘Impossible’, Warns Major Indian Cryptocurrency Exchange

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India bitcoin price

As the date for India’s banking ban on the cryptocurrency sector approaches, Zebpay – one of India’s biggest exchanges – is proactively warning users that their fiat deposits could be affected. Bitcoin wallet and exchange platform Zebpay, one of India’s largest crypto firms, has warned its customers that their fiat rupee withdrawals could stop altogether in the near future, a...

India’s Government Ramps Up Scrutiny of Cryptocurrency Payments

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A senior Indian financial official has revealed steps taken by the government to render cryptocurrency payments ‘illegal’ in the country. In December 2017, law enforcement agencies in India were reportedly looking into incidents of money laundering, fraud and tax evasion in relation to the digital currency market. Now, it has been confirmed that the country will also simultaneously...

Indian Bitcoin Exchange Zebpay Adds Litecoin Support

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Litecoin

On January 25, 2018, Zebpay, one of India’s most popular mobile-based cryptocurrency exchanges, announced the addition of Litecoin to its trading platform. In a blog post on its website, the company stated that the cryptocurrency is one of the several other tokens that are also scheduled to be added in the near future. Litecoin, released in October 2011 by former Google employee, Charlie Lee, was...

India’s Biggest Bitcoin Exchanges See Bank Accounts Frozen: Report

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Bitcoin India

According to a report by the Indian news publication, The Economic Times(ET), bitcoin exchanges in India may be facing some disruption from the country’s top financial institutions. Over the past month since December 2017, several national banks, including State Bank of India, HDFC Bank, Axis Bank, Yes Bank and ICICI Bank, have frozen accounts belonging to select digital currency exchanges. The...

India’s Bitcoin Boom: Zebpay Forecasts 500k New Users Monthly in 2018; Hits 1 Million App Downloads

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Indian bitcoin wallet and exchange platform Zebpay strikes a million downloads of its app-only service on Android and forecasts half a million new users a month, up from 200,000 currently. Launched in 2015, bitcoin startup Zebpay is now among India’s major bitcoin exchanges alongside Unocoin and Coinsecure. Unlike its competitors, Zebpay has adopted an app-only model in a country where mobile...

Indian Bitcoin Exchanges Announce They Won’t Support Bitcoin Cash

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Bitcoin Cash

Three of Indian’s top bitcoin exchanges have revealed that they won’t be supporting Bitcoin Cash, the new digital currency that is expected to result from a user activated hard fork (UAHF) on the 1 August. The three exchanges that have made the announcements are Zebpay, Unocoin and Coinsecure. As well as stating that they have no plans to support Bitcoin Cash, all three will be...

Soaring Bitcoin Demand & $600 Premiums Sees Indian Exchange Enforce Buying Limits

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While the Indian government deliberates over a legal and regulatory framework for digital currencies, the explosion in popularity and subsequent demand for bitcoin has overwhelmed the country’s exchanges. India, like the rest of the world, is seeing an unprecedented demand for bitcoin amid extensive media coverage of an ongoing bull run by the world’s most widely-known cryptocurrency. Such is the...

Indian Bitcoin Exchange Zebpay Adds 2,500 Users/Day; Hits Half a Million Android Downloads

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Indian bitcoin wallet and exchange platform Zebpay hits a notable milestone in seeing over 500,000 installs of its app-only service on Android as bitcoin gains popularity in India. Launched in 2015, Zebpay is among India’s leading bitcoin companies. The bitcoin firm sticks to an app-only model unlike its competitors in Unocoin and Coinsecure, comfortably and unsurprisingly beating them in app...

Indian Exchange Zebpay: Bitcoin is Legal; Refues Local Ponzi Reports

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Indian bitcoin exchange Zebpay has refuted recent media reports in the country that have supposedly claimed bitcoin has been declared ‘illegal’ by the Indian government. On Friday, Indian politician Kirit Somaiya, a politician belonging to India’s ruling party, the BJP, labelled bitcoin a “hypothetical currency” and more pointedly, questioned if it was a “pyramid ponzi scheme”. The politician...

Demonetization Brings Surge in Bitcoin Adopters in India

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Bitcoin, a currency that is immune from governmental controls is seeing plenty of interest in India, a country still reeling from an unprecedented cash crunch that sees over a billion people face government-imposed limits on ATM and bank withdrawals. The move to demonetize 500 and 1000 rupee banknotes – a month ago to this day – meant that 86% of Indian cash in circulation was...

Report: Indian Bitcoin Exchange Zebpay in Talks to Raise $4 Million

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India blockchain coins

Indian bitcoin exchange and wallet provider Zebpay is reportedly in talks to raise $4 million in funding from domestic and international investors. Zebpay, a bitcoin services firm with offices in India and Singapore is in talks to raise what would be a record round of funding for a bitcoin startup in the country, according to local publication TechCircle. Saurabh Agarwal, chief executive and co...

Bitcoin Could Get a Festive Push in India

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Diwali, the Hindu festival of lights, is soon upon us, but could this celebration filled with fireworks, decorations, and lights help boost bitcoin adoption in the country? On October 20, Diwali will, for five days, light up the skies as Indian people around the world celebrate the festival by lighting candles and fireworks to seek divine blessings from the goddess of wealth, Lakshmi. According...

Indian Bitcoin Wallet Zebpay Looks to Raise $5 Million in Funding

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According to reports, Indian bitcoin wallet provider Zebpay is in talks to secure $4-$5 million in a Series-A round of funding. By November, bitcoin wallet startup Zebpay is expecting to close Series-A funding of $4-$5 million, according to co-founder Saurabh Agarwal. A report from Indian business daily The Economic Times revealed that the company is in discussions with multiple Indian investors...

Zebpay App Makes Bitcoin Transactions Faster, Automatically Finds Best Price

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Bitcoin

Zebpay, a bitcoin wallet with offices in India and Singapore, has added some innovative features to its app. Users can set their own bid/ask price when trading bitcoin, they can keep a rupee balance to instantly buy bitcoin, and they can check transaction status, according to the company website. Instead of having to do a bank transfer for every buy and sell, the user can maintain a rupee balance...

Indian Wallet Startup Zebpay Raises $1 Million to Promote Bitcoin

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  Indian bitcoin startup Zebpay has raised $1 million in funding from several investors in the country. The funds will be used to promote the cryptocurrency in the country of over a billion people and in the setting up of a dedicated blockchain laboratory for research. Indian bitcoin wallet startup Zebpay, has successfully raised a second round of funding of $1 million for the primary goal...