Started in 2012, it aims to ease the learning process for Bitcoin beginners. Through the Zebpay, users especially newbies enjoy a simple process of buying, storing and using Bitcoins. It is an app, so it is always in the users pockets making it easy to check the current price and make a quick buy. They guarantee fast transaction processing and the best Bitcoin rates. The app is now being used by more than 500,000 users across the country and around the globe. In order to start any of its services, the user needs to be verified.
How to get Zebpay?
Zebpay is only available in mobile devices (iOS and Android). All you need to do is to download the application through your mobile phone and setup your account. Setting up an account will require you to choose your country, then input your phone number and verify through a code sent to that number. Then, the app will also require you to create a PIN to protect your account. You will also be required to enter your name, email address and a profile picture or you have the option to connect your Zebpay account with your Facebook one. For further account verification and security purposes, you will be required to upload your PAN card and input your Bank account details.
Zebpay offers a Bitcoin wallet, where users can send and receive Bitcoins. It is also a Bitcoin exchange where users can buy and sell the cryptocurrency at the best rates. Also, Zebpay is a trading platform which allows users to set any two of the rate, the amount or worth in Rs and the quantity of Bitcoins they would like to buy or sell. All of these services are easily accessible and only available in the Zebpay app.
The Bitcoin exchange does not accept cash payments. Instead, you can pay through bank transfer via RTGS, NEFT or IMPS. Their bank account details are provided on their website.
Zebpay Internal System and Security
The Bitcoin app has its own internal system. The system transfers funds to users without using the Bitcoin network. This method eliminates the confirmation time and transaction fees being paid to the network. Thus, users give Zebpay the authority to keep their Bitcoin in custody and send them to other users without the use of the Bitcoin network protocol.
When it comes to security, they provide highest standards. Your Zebpay Bitcoin wallet is connected to your own mobile phone number and is protected by your four digit PIN code. The PIN is used in verifying transactions, thus if you lose your phone your funds will never be stolen. The app also provides a multisignature wallet. Buying or selling using the app will require you to verify your ID first.
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