Zebpay Review - Top 5 Things to Know Before Trading in 2020

Anisa Batabyal
| 29 July, 2020 | 2 min

What is ZebPay?

ZebPay is a cryptocurrency exchange and wallet platform that allows users to buy, sell, exchange and store their digital assets. ZebPay was initially launched in the year 2014, but due to some reasons, it had to shut down its operation. But this year the company relaunched its services in India. It is one of the fastest-growing crypto exchanges in one of the largest economies in the world.

ZebPay has served over 3 million users and $2 Billion in fiat transactions. It is a highly secure platform, promoting a stress-free trading experience to its users.

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ZebPay review:

  1. Interfaces:

ZebPay has a suite of products supported across devices; the platforms include mobile apps and a seamless web user interface for desktops. The clutter-free and simple interface reduces a lot of friction for users. 

ZebPay’s pro interface gives the user high-end charting tools and lightning-fast execution on their transactions.

      2. Fees:

  • Trade fees:

ZebPay charges a fee of 0.15% to the maker and 0.25% to the taker in a transaction.

  • Deposit fees:

Fiat deposits do not incur any charges unless done through net banking in which case a 1.77% fee is levied. Crypto deposits, on the other hand, do not carry any fee.

  • Withdrawal fees:

Fiat withdrawals carry a negligible fee whereas crypto withdrawal fee depends on the coin that is withdrawn. 

  1. Supported cryptocurrencies:

ZebPay supports six cryptocurrencies which include BTC, ETH, XRP, BCH, EOS and LTC

  1. Transaction duration:

Cryptocurrency deposits can happen within minutes whereas fiat deposits may take up to five days. Cryptocurrency wallet transfers also occur within minutes depending on the network, while withdrawal time varies depending on whether you are making a crypto withdrawal or a fiat withdrawal.

  1. ZebPay security:

It is a highly secure platform that makes it mandatory for every user to follow a verification process. ZebPay follows the best industry security practices, including holding the majority of its cryptos in cold storages and conducting frequent third party testing.

ZebPay is an Indian crypto exchange platform similar to Coin Switch, who has also launched its own crypto trading platform called Coinswitch Kuber on June 1, 2020. 

This platform is a mobile application which is user friendly. CoinSwitch Kuber is the first-ever mobile application to pool liquidity from other Indian and global exchanges and provide the best rates to the Indian market.

Coinswitch Kuber promises to give the best rates by aggregating liquidity across all Indian exchanges. The platform will support 100 cryptocurrencies for Indian users to trade easily using INR.

About CoinSwitch

CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try!