Hello guys i want to buy bitcoin and i am a newbie so don't know much about wallet and bitcoin. So is Zebpay safe for purchasing bitcoin or should I go for another wallet?
Zebpay is fine as I have used it many times before, and never had any problems with them.
While recommending it, I would like to let you know about the cons too:
- Too much manipulation of the price and higher spreads.
- My brother recently got a news from people who were withdrawing fiat or buying Bitcoins from Zebpay to/using Kotak Mahindra Bank that they will freeze your account once they see a payment coming from such exchanges, so if you have an account at Kotak, better create a new bank account in some government bank like Bank of Baroda or SBI for withdrawal purposes.