ZebPay offers access to 300+ cryptocurrencies for OTC and Spot trading with a 0.5% fee. The platform won the 1st prize at CoinAgenda, Las Vegas. The minimum deposit/withdrawal is AUD 50. The exchange is a member of the India Bharat Web3 Association (BWA) and the Digital Economy Council of Australia (DECA).
ZebPay; An Introduction to the Crypto Exchange
ZebPay was once India’s largest crypto exchange platform. Founded in 2014, the platform has over 6M clients.
Founded by Sandeep Goenka, Saurabh Agarwal, and Mahin Gupta, the company is headquartered in Singapore. It won the 1st prize by BitAngles at CoinAgenda, Las Vegas.
ZebPay has 4 branches with different services and fee structures, including Global, India, Australia, and Singapore. This ZebPay review will explore the global branch’s services.
The company has registration licenses and memberships of multiple financial bodies across the world, including:
- Financial Intelligence Unit (FIU) India
- Digital Economy Council of Australia (DECA)
- Australian Transaction Reports and Analysis Centre (AUSTRAC)
- Bharat Web3 Association (BWA) India
- Monetary Authority of Singapore (MAS): Pending license approval
ZebPay Table of Specifications
The crypto exchange provides 24/7 services in 160+ countries. Let’s examine ZebPay’s offerings and key features.
Exchange | ZebPay |
Launch Date | 2014 |
Levels | No Levels |
Trading Fees | 0.5% |
Restricted Countries | Myanmar, Iran, North Korea |
Supported Coins | 300+ |
Futures Trading | No |
Minimum Deposit | AUD 50 |
Deposit Methods | Bank Transfer, Crypto |
Withdrawal Methods | Bank Transfer, Crypto |
Maximum Leverage | 1:1 |
Minimum Trade Size | $5 |
Security Factors | 2 Factor Authentication, Cold Storage, Strong Firewalls, Employee Background Verification, Constant Third-Party Testing, Bug Bounty Program |
Services | Spot Trading, Mobile Trading, OTC Market, API Services |
Customer Support Ways | Ticket, Twitter, Telegram |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | Market |
Native Token | No |
ZebPay User Levels
The platform offers no fee discounts to its international clients. It hasn’t implemented a tiered user level system. However, Indian traders can use an 8-tier user level system.
ZebPay Exchange Fee Structure
The exchange has implemented a simple fee structure for trading and no-trading costs. Key points about ZebPay fee structure:
Crypto Deposits | Free |
Fiat Deposits | AUD 40 |
Crypto Withdrawals | Network Fee |
Fiat Withdrawals | AUD 30 |
Trading | 0.5% |
Supported Cryptocurrencies on ZebPay
The platform supports 300+ digital assets. Popular cryptocurrencies on ZebPay:
- Bitcoin (BTC)
- Ethereum (ETH)
- Ripple (XRP)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
Leveraged Trading
The platform doesn’t offer futures and margin contracts to its international clients. However, Indians can use a 1:75 leverage to maximize their profit potential and trade bigger.
Registration and Verification on ZebPay Exchange
The company has implemented a 100-point check system that evaluates and rates the provided document. For example, a passport is 70 points, and a driving license is 40. Steps to ZebPay registration and verification:
- Visit the exchange’s official website
- Click “Sign Up”
- Fill out the registration form and set a secure 4-digit PIN
- Verify your email address and phone number
- Provide proof of identity and proof of address
- Declare your source of funds and occupation
- Submit your bank account details
ZebPay Security Measures
Robust security is considered one of the advantages in this ZebPay review. The exchange stores 98% of funds in Multi-Sig cold wallets.
- 2 Factor Authentication
- Cold Storage
- Strong Firewalls
- Employee Background Verification
- Constant Third-Party Testing
- Bug Bounty Program: Up to $1,000 in rewards
ZebPay Exchange Deposit and Withdrawal Methods
The platform allows international clients to deposit and withdraw AUD and Crypto. The minimum deposit/withdrawal amount is AUD 50. The only available method for fiat transactions is Bank Transfer.
While crypto deposits are free of charge, digital asset withdrawals incur a network fee, which varies depending on the asset.
ZebPay Exchange Trust Scores
While CoinGecko experts haven’t rated the platform, there are 55 ZebPay reviews on Trustpilot. The resulting 2.4/5 score indicates that users consider the exchange lower than average.
72% of comments on the ZebPay Trustpilot profile are negative (1-star and 2-star), and only 26% are positive (4-star and 5-star).
Investment and Growth Plans on ZebPay Exchange
While the platform doesn’t support copy/social trading services, it offers multiple investment and growth plans, from Lending to Crypto Packs.
- Lend: Fixed annual returns of up to 8.5% on 8 cryptocurrencies, including BTC, ETH, BNB, POL, ADA, ATOM, SOL, and USDT
- Crypto Packs: Bundles of crypto assets designed by professional traders
Writer's Opinion and Conclusion
ZebPay is a crypto exchange that accepts fiat deposits (fee: AUD 40) and withdrawals (fee: AUD 30). The exchange offers up to 150 USDT per year to its affiliates. It has a score of 2.4 out of 5 on Trustpilot.
