is bitcoin wallet based company is going to close or it will safe..

[klf]

That's a good bit to keep on an exchange, they would be advising you in case there is a split on August 1st which now doesn't seem to be something that will be happening. 

Anyway it is best practice to hold your own private keys, I am not familiar with Zebpay and if they hold your keys or not but if they don't it would definitely be something worth doing then if they ever shutdown you will not lose anything.

Zebpay looks very reputed wallet in India. It is the second most popular exchange cum wallet which doesn't seem to be a problem for anybody. The message might be just for caution purpose on,y and need not to worry about it. As you can see so many stuffs are going on around and it is best to keep everybody informed about it.

Yes, now most of the exchanges are sending these messages to store your coins in an offline wallet for next few weeks. These exchanges want to play a safe in case of bitcoins gets split after 1st of August. So they are not going to close the site, but for your safety, they are suggesting you store in an offline wallet. Better follow their instructions for next few weeks.

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[el kaka22]

First zebpay.com is not a wallet based company still I guess there will be no restrictions for using them as a wallet services but I am sure the email notification for moving out bitcoins must be having enough explanation why it is required and mandatory as per the probable risk of chain split. Instead of coming here and crying about the credibility of a services, I believe it must be good practice to real full mail to know the reason why they are asking to move bitcoins.

[Nahl]

i think this is good that if the company message you directly and they suggest to store your bitcoin into offline wallet before things that are not desirable  happened and which mean they're responsibilities to their users so 10 btc is huge amount and keep it into offline wallet is more secure rather than company wallet such as you mentioned above because hackers and scammers always be aiming the people who have huge amount of bitcoin

[stompix]

So you ask a question and never come back to share with us what happened in the next 5 days since you got the message.
A bit of feedback would have been more than helpful for others also.

There is nothing on their twitter, nothing on their blog can you at least share the content of the message with us?

ps.
holding your coins on any website/online wallet/ etc etc is not a good idea, not now not in the future.

[Ewox]

Probably they sent that message to you for security purposes when the SegWit activates, there are tendencies bitcoin will divide into two so there is also a possibility that some exchanges and sites will be temporarily unavailable too. So it's safer if you would put it in an offline wallet if you have that amount in your online wallet.

[shirazteam110]

Hi experts,

i am storing 10 BTC IN MY ZEBPAY bitcoin wallet. two days back i received one message like please store ur coins into paper wallet  or offline wallet.
so is it means the company is going to shutdown or what happening..iam in confusion ..
can anyone have idea about Zebpay..please share with me..

they can not never close until bitcoin alive so if Bitcoin dead then it will effect or might go close

[trecore4]

I don't think zebpay will go down by any chance. It is big company with all the things taken care of already. The mails are just precautionary stuff that everyone needs to know about. It is just that company don't want to gain negative trust in any bad situation of splitting. Hopefully they will manage everything smoothly.

[deadsilent]

Hi experts,

i am storing 10 BTC IN MY ZEBPAY bitcoin wallet. two days back i received one message like please store ur coins into paper wallet  or offline wallet.
so is it means the company is going to shutdown or what happening..iam in confusion ..
can anyone have idea about Zebpay..please share with me..

Nope, buy it's for your safety. You know every exchange or web wallets sending that kind of notice to their customers because of the activation of SegWit. You just need to cooperate with them to avoid losses. If they are going to close. Atleast they are clean and no intension to scam you because they are informing you to pull out your BTC or keep your private keys before they close. I believe they are just disabling their bitcoin services since it's very risky while the fork is taking place...

Goodluck. Be safe.