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Author Topic: Zebpay: New policies, new management, and new beginning?  (Read 169 times)
lordquanta (OP)
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February 17, 2020, 09:45:26 AM
Merited by webtricks (1), Heisenberg_Hunter (1)
 #1

Recently Zebpay, which was dormant from crypto-exchange operations in India, has been seen making a comeback. There have been changes in their management and their wallet keeping policy. I've experienced zebpay as one of decent service provider and they really wanted to do the business in the Indian-crypto market. Every service provider have their pros and cons, so does the zebpay. It is good that they are making a comeback. However this time they are charging for the wallet maintenance.

* What is your opinion about their comeback?
* Do you think charging for wallet service on monthly basis justified?
Cryptogames999
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February 18, 2020, 05:17:33 AM
Merited by amishmanish (1)
 #2

For your questions
1. People will increase in using Crypto and it is easier to buy or sell in India.
2. There are more people who don't use regularly, so charging money for a wallet is a bad behavior and this will also keep investors far away.

I used koinex, but for India rules they closed the company and don't know Zebpay got license.

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akram143
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February 18, 2020, 10:23:33 AM
 #3

* Do you think charging for wallet service on monthly basis justified?
I do even commented about their charge for wallet service but its not that much high amount so no one might care spending a dollar for month when they can have opportunity to buy and sell their cryptos with ease.

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February 18, 2020, 03:27:36 PM
Last edit: February 18, 2020, 03:44:12 PM by chennappa121
Merited by webtricks (1), Heisenberg_Hunter (1)
 #4

Zebpay was giving great service to all Indians crypto investors in the past with best charges for converting our crypto currencies to Indian rupees but after crypto business goes shutdown due to regulate issues.

Now there are best crypto p2p exchange platforms like wazirx,  giving good service with decent charges but now zebpay come back with new management team, maybe they have to give good offers to get back customers so they should charge decent fee for their services.

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@prashant
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February 18, 2020, 04:55:31 PM
 #5

During thier initial days they were top of the game and i really liked their voucher system but slowly they discontinued it  but they had fast processing services. It is good that they have comeback and now they have a big competitor i.e wazirx and it is dominating right now so in order to compete with it lets see what new promotion stuff they do.
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February 18, 2020, 05:42:53 PM
 #6

During thier initial days they were top of the game and i really liked their voucher system but slowly they discontinued it  but they had fast processing services. It is good that they have comeback and now they have a big competitor i.e wazirx and it is dominating right now so in order to compete with it lets see what new promotion stuff they do.

But the thing is Zebpay isn't stepping into fiat trading for now. All they providing is wallet service and crypto to crypto trade. On top of that they are also charging 0.0001 BTC if you don't do any trade during the month. Since we can do crypto-to-crypto trade on any international exchange like Binance, I don't think Zebpay's return is any mega event.

If they decide to offer some kind of fiat trading via P2P in future only then they can really possess serious competition to WazirX else no chance.
Cryptogames999
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February 19, 2020, 05:44:07 AM
 #7

Zebpay was giving great service to all Indians crypto investors in the past with best charges for converting our crypto currencies to Indian rupees but after crypto business goes shutdown due to regulate issues.

Now there are best crypto p2p exchange platforms like wazirx,  giving good service with decent charges but now zebpay come back with new management team, maybe they have to give good offers to get back customers so they should charge decent fee for their services.
Wazirx is closed in India long time ago and the owner who tweets everyday for Bitcoin regulation. In the past I heard that wazirx will join with Binance.
It all depends upon the customers whether they will go with zebpay or not, but sure they will use Zebpay at the moment.

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pawanjain
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February 19, 2020, 06:10:03 AM
Merited by Heisenberg_Hunter (1)
 #8

Zebpay was giving great service to all Indians crypto investors in the past with best charges for converting our crypto currencies to Indian rupees but after crypto business goes shutdown due to regulate issues.

Now there are best crypto p2p exchange platforms like wazirx,  giving good service with decent charges but now zebpay come back with new management team, maybe they have to give good offers to get back customers so they should charge decent fee for their services.
Wazirx is closed in India long time ago and the owner who tweets everyday for Bitcoin regulation. In the past I heard that wazirx will join with Binance.
It all depends upon the customers whether they will go with zebpay or not, but sure they will use Zebpay at the moment.
1. WazirX is still functional and I have been using it on a regular basis.

2. Zebapy is making a comeback but it's not that big a deal because they have not mentioned about Crypto to fiat trading anywhere.
They just mentioned about Crypto to Crypto trading which is not so big deal.

3. They will be charging a nominal fee and that too for those wallets which are dormant throughout the month.
Even if you do one trade for the whole month then you won't be charged.

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Cryptogames999
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February 19, 2020, 10:20:00 AM
 #9

Zebpay was giving great service to all Indians crypto investors in the past with best charges for converting our crypto currencies to Indian rupees but after crypto business goes shutdown due to regulate issues.

Now there are best crypto p2p exchange platforms like wazirx,  giving good service with decent charges but now zebpay come back with new management team, maybe they have to give good offers to get back customers so they should charge decent fee for their services.
Wazirx is closed in India long time ago and the owner who tweets everyday for Bitcoin regulation. In the past I heard that wazirx will join with Binance.
It all depends upon the customers whether they will go with zebpay or not, but sure they will use Zebpay at the moment.
1. WazirX is still functional and I have been using it on a regular basis.

2. Zebapy is making a comeback but it's not that big a deal because they have not mentioned about Crypto to fiat trading anywhere.
They just mentioned about Crypto to Crypto trading which is not so big deal.

3. They will be charging a nominal fee and that too for those wallets which are dormant throughout the month.
Even if you do one trade for the whole month then you won't be charged.
So, Wazirx is accepting money from long time ago? Nischel Shetty posting tweets to for regulation, then how he deal to buy and sell crypto.
2. If Crypto to Crypto then people already having accounts with popular exchanges, anyway this may help to their business.

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