STAY AWAY FROM ZEBPAY

[Blackshadow007]

Right now most fastest PEER MATCH is WAZIRX , you sell crypto for USDT and withdraw USDT to INR also pretty good rate you get compare to live USD / INR price .

[manojpatelme]

Right now most fastest PEER MATCH is WAZIRX , you sell crypto for USDT and withdraw USDT to INR also pretty good rate you get compare to live USD / INR price .

Agree, but the volumes are very low in wazirx so it's better to use high volume exchange like local Bitcoins for inr transaction and the rate is pretty good there also.

[ksupriya94]

Agree with you. Zebpay charging more fees as compare to other platform in india and also taking much time to process any transaction.

[manojpatelme]

Now a days nobody is using indian exchange

Yes most of the indian exchanges now have low volumes when compared to volume in march and april months

ones the RBI will clear the matter then we can see the real traders in Indian exchanges

[dvabit]

ZEBPAY is the worst exchange there could ever be! I was in an urgent need of money and I deposited some coins at zebpay, it took them 3 LONG DAYS TO PROCESS MY FIAT WITHDRAWAL.
Even the rates are shit(because of those fees).LBC has much better rates.
They even charge a whopping 0.0005 BTC TX fees on withdrawals + fees on trading too.RIPPERS!
STAY AWAY FROM SUCH A SHIT EXCHANGE.SHIT ZEBPAY.And after the coinsecure scam, if you are still keeping your coins in zebpay then WITHDRAW NOW!

Go for P2P trading.Dump these shit exchanges.

One of my friend working in Zebpay and always praise his company and their employee culture...

[S00rabh]

Never had a problem with the exchange. Always have a problem with gov regulations, and I dont see how this would be sorted out soon.

[lordquanta]

One needs to get few things straight. NO crypto exchange in this world is all good and trustworthy. Not in India nor international exchange will guarantee about your crypto or money. If you take bittrex which is International exchange based in US, you will notice that there rules are so stringent and account recovery is so pathetic that one may consider them as out right thief. However If you look from company perspective you need to keep your account safe. If you loose the credential or lose a double authentication then user is screwed. It is better to speak directly with zebpay associate than over email.

[snkiworld]

Never had a problem with the exchange. Always have a problem with gov regulations, and I dont see how this would be sorted out soon.

Yes even its not ban our govt will take morethan 6 months to frame regulation so its big problem for crypto traders.

[kabit9]

Bye Bye ZebPay: https://blog.zebpay.com/zebpay-announcement-about-exchange-business-ebd848f7eafc

[krishnapramod]

Bye Bye ZebPay: https://blog.zebpay.com/zebpay-announcement-about-exchange-business-ebd848f7eafc

Yeah, received a mail from them. It's unfortunate, one of the biggest Indian exchanges shutting down due to regulatory uncertainties. With their huge userbase they could have adopted a peer-to-peer model like Wazirx to steer clear of regulations and stay competitive.

[csrampure]

Zebpay will first introduce me about bitcoin. But now i can trade without zebpay.
Thanks zebpay
 
Bye bye zebpay

[Blackshadow007]

Drama over , Zebpay bye lol . They not getting solution which is baseless claim . They could have implemented Peer to Peer instead of closing down .

[kabit9]

I have a friend who transferred some funds to Zebpay but never purchased Bitcoins with those funds.  So he had INR balance on Zebpay. Spoke to their customer service today who informed him that he will not be able to do anything right now because INR withdrawals are stopped and he cannot purchase BTC also becuase trading is stopped. This is horseshit and they are holding his funds to ransom.

[Viper_Unleashed]

I have a friend who transferred some funds to Zebpay but never purchased Bitcoins with those funds.  So he had INR balance on Zebpay. Spoke to their customer service today who informed him that he will not be able to do anything right now because INR withdrawals are stopped and he cannot purchase BTC also becuase trading is stopped. This is horseshit and they are holding his funds to ransom.

First of all one it was one of the fastest purchase and selling site because it didn't had p2p.In the past they had notified to withdraw money many times.After ban the trades were being done he should have traded with tusd and trasferred the tusd amount to any other wallet or exchange for example wazirx.And already they had stated that no trade deposit withdrawal nothing will be done,only crypto wallet deposit and withdraw will be carried out.I don't know why people waited so long with their INR.Its really pathetic.People who either have loads of cash or very very tiny amount only they will do things like that.I guess nothing can be done at the present moment.Good luck I wish your problem gets solved.

[kabit9]

I have a friend who transferred some funds to Zebpay but never purchased Bitcoins with those funds.  So he had INR balance on Zebpay. Spoke to their customer service today who informed him that he will not be able to do anything right now because INR withdrawals are stopped and he cannot purchase BTC also becuase trading is stopped. This is horseshit and they are holding his funds to ransom.

First of all one it was one of the fastest purchase and selling site because it didn't had p2p.In the past they had notified to withdraw money many times.After ban the trades were being done he should have traded with tusd and trasferred the tusd amount to any other wallet or exchange for example wazirx.And already they had stated that no trade deposit withdrawal nothing will be done,only crypto wallet deposit and withdraw will be carried out.I don't know why people waited so long with their INR.Its really pathetic.People who either have loads of cash or very very tiny amount only they will do things like that.I guess nothing can be done at the present moment.Good luck I wish your problem gets solved.

it is peculiar how you have chosen to take such a defensive stance for such a scammy and shitty company like ZebPay.  they may have notified to withdraw, but (let's call my friend Joe) Joe is not into crypto at all, he simply wanted to buy a small amount of BTC.  He has a regular business which keeps him very busy and a wife who leaves him with no time.  certainly some fault lies with Joe who transferred the INR to Zebpay and left it lying there for months, ignoring notifications. however i don't think such behaviour can be called 'pathetic', perhaps lazy at the most.

on the contrary, an official response from Zebpay at this stage saying "nothing can be done, withdrawals and trading is currently closed." is rather pathetic. they need to figure out a way to give him his money back!  there was no crypto transaction made in this case.  they cannot and should not say there is no solution to their customers. i'm sure Joe is not the only one in this situation.

[RocketSingh]

I have a friend who transferred some funds to Zebpay but never purchased Bitcoins with those funds.  So he had INR balance on Zebpay. Spoke to their customer service today who informed him that he will not be able to do anything right now because INR withdrawals are stopped and he cannot purchase BTC also becuase trading is stopped. This is horseshit and they are holding his funds to ransom.

First of all one it was one of the fastest purchase and selling site because it didn't had p2p.In the past they had notified to withdraw money many times.After ban the trades were being done he should have traded with tusd and trasferred the tusd amount to any other wallet or exchange for example wazirx.And already they had stated that no trade deposit withdrawal nothing will be done,only crypto wallet deposit and withdraw will be carried out.I don't know why people waited so long with their INR.Its really pathetic.People who either have loads of cash or very very tiny amount only they will do things like that.I guess nothing can be done at the present moment.Good luck I wish your problem gets solved.

it is peculiar how you have chosen to take such a defensive stance for such a scammy and shitty company like ZebPay.  they may have notified to withdraw, but (let's call my friend Joe) Joe is not into crypto at all, he simply wanted to buy a small amount of BTC.  He has a regular business which keeps him very busy and a wife who leaves him with no time.  certainly some fault lies with Joe who transferred the INR to Zebpay and left it lying there for months, ignoring notifications. however i don't think such behaviour can be called 'pathetic', perhaps lazy at the most.

on the contrary, an official response from Zebpay at this stage saying "nothing can be done, withdrawals and trading is currently closed." is rather pathetic. they need to figure out a way to give him his money back!  there was no crypto transaction made in this case.  they cannot and should not say there is no solution to their customers. i'm sure Joe is not the only one in this situation.

I am afraid ZebPay can really do anything in this situation. Because of RBI regulation, they're unable to use their bank a/c to process withdrawal. The only option left here is to convert to some crypto and withdraw. Joe might HODL that crypto or sell it through some P2P to recover his FIAT.

[kabit9]

I am afraid ZebPay can really do anything in this situation. Because of RBI regulation, they're unable to use their bank a/c to process withdrawal. The only option left here is to convert to some crypto and withdraw. Joe might HODL that crypto or sell it through some P2P to recover his FIAT.

The issue is they are not allowing Joe to convert to crypto either...

[RocketSingh]

I am afraid ZebPay can really do anything in this situation. Because of RBI regulation, they're unable to use their bank a/c to process withdrawal. The only option left here is to convert to some crypto and withdraw. Joe might HODL that crypto or sell it through some P2P to recover his FIAT.

The issue is they are not allowing Joe to convert to crypto either...

Oops. I wish Mahin was around...

[Viper_Unleashed]

I have a friend who transferred some funds to Zebpay but never purchased Bitcoins with those funds.  So he had INR balance on Zebpay. Spoke to their customer service today who informed him that he will not be able to do anything right now because INR withdrawals are stopped and he cannot purchase BTC also becuase trading is stopped. This is horseshit and they are holding his funds to ransom.

First of all one it was one of the fastest purchase and selling site because it didn't had p2p.In the past they had notified to withdraw money many times.After ban the trades were being done he should have traded with tusd and trasferred the tusd amount to any other wallet or exchange for example wazirx.And already they had stated that no trade deposit withdrawal nothing will be done,only crypto wallet deposit and withdraw will be carried out.I don't know why people waited so long with their INR.Its really pathetic.People who either have loads of cash or very very tiny amount only they will do things like that.I guess nothing can be done at the present moment.Good luck I wish your problem gets solved.

it is peculiar how you have chosen to take such a defensive stance for such a scammy and shitty company like ZebPay.  they may have notified to withdraw, but (let's call my friend Joe) Joe is not into crypto at all, he simply wanted to buy a small amount of BTC.  He has a regular business which keeps him very busy and a wife who leaves him with no time.  certainly some fault lies with Joe who transferred the INR to Zebpay and left it lying there for months, ignoring notifications. however i don't think such behaviour can be called 'pathetic', perhaps lazy at the most.

on the contrary, an official response from Zebpay at this stage saying "nothing can be done, withdrawals and trading is currently closed." is rather pathetic. they need to figure out a way to give him his money back!  there was no crypto transaction made in this case.  they cannot and should not say there is no solution to their customers. i'm sure Joe is not the only one in this situation.

Really glad you shared the news and one more latest update is that they had stopped TRUE USD trading.
As stated zebpay does not use and never had used the p2p platform in its exchanges so trading was quite fast.
But one thing the prices were always high.
I don't think the people who were holding money and couldn't withdraw had already transferred their funds through true usd by gladly/voluntarily buying TUSD at high price because when the news came and panic started i don't think people waited for this day.
And as the supreme court decision is on the way just a few days to go,making such announcements will rarely do any benefit to the users.
Its just a simple way/strategy to remain in good note and keep its customer base.

As soon as they published this news they made the prices far below the prices listed in other exchanges.
So if any people had stuck with any crypto they too have to now sell in lower price.

ITS nothing just simple business.

Have a nice day all.

I also find very peculiar when someone has money and forget about it.As I said in earlier people who either have loads of money or a very very tiny amount will forget.Its not the defensive stance or something it about what is right and what is wrong.Crypto world is something we have to keep a bit updated.Earlier post please read I had stated what wrong zebpay is doing ??so do you really think I am taking sides.LOL
Its human tendency they never accept their mistakes and try to finger-point others.Please read before making any conclusion.
The crypto banning and all have been an issue for more than 6 months and in 6 months didn't happen to look for money so busy wah bhai wah
New movie coming - crying baby girl LOL.....😂😂😂😂😂,crying baby girl user ignored.,keep crying
Don't you think at least once he should have checked what solution can be made.
Defensive or offensive please don't make it your personal opinion,Each statement stated is based on facts.

[kabit9]

I also find very peculiar when someone has money and forget about it.As I said in earlier people who either have loads of money or a very very tiny amount will forget.Its not the defensive stance or something it about what is right and what is wrong.Crypto world is something we have to keep a bit updated.Earlier post please read I had stated what wrong zebpay is doing ??so do you really think I am taking sides.LOL
Its human tendency they never accept their mistakes and try to finger-point others.Please read before making any conclusion.
The crypto banning and all have been an issue for more than 6 months and in 6 months didn't happen to look for money so busy wah bhai wah
Don't you think at least once he should have checked what solution can be made.
Defensive or offensive please don't make it your personal opinion,Each statement stated is based on facts.

Perhaps you cannot afford to 'forget' about money as you say. Maybe that's all you have on your mind.  None of that is relevant.

Please tell me which statement of yours is based on facts?  Was it:

wah bhai wah

Whereas everything I have said is factual, your statements have all been your inflated opinion. Request you to please step away from this discussion since you are not contributing anything which could help.