Zebpay has Commenced Offering Crypto Exchange Services to Users From 21 European Countries
The status of cryptocurrency in India is currently under review and the community still doesn’t know where it stands with the government. The country’s central bank ban on cryptos has also pushed several crypto exchanges in the country to shut down operation. In the case of Zebpay, the company decided to revert back to serving as a crypto wallet for Indians.
Zebpay Launch In Europe
Based on a recent report, Zebpay has recently launched its exchange services in Europe. According to the report, users from 21 European countries can now trade crypto live and also make deposits and withdrawals on the platform using Fiat Euro.
The exchange has also made it clear that this new service does mean an end to its wallet services for Indians.
Zebpay confirmed its establishment in Europe via a recent announcement which reads:
“We have recently expanded our global footprints in Europe with our exchange and wallet enabling crypto-to-crypto trading. We are live with euro deposits/withdrawals and trading in 21 countries (Malta, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Netherlands, Poland, Portugal, Slovenia, Sweden, Austria) in Europe for users and corporate investors.”
Know-Your-Customer (KYC) procedures
According to the announcement, anyone looking to patronise the exchange will need to go through the know-your-customer (KYC) procedures. Once the KYC is confirmed, such customer can then make a deposit on the exchange using FIAT (Euro). This deposit will be made to there Zebpay euro wallets, where it can then be exchanged for cryptos.
Users are also allowed the opportunity of trading bitcoin against the Euro. They can also make withdrawal directly to their bank accounts.
The supported euro and crypto-to-crypto trading pairs, on the platform, are as follows: BTC/EUR, ETH/BTC, LTC/BTC, XRP/BTC, BCH/BTC, EOS/BTC, and TRX/BTC. The exchange plans to add more crypto pair for trading on the platform soon enough.
Zero-fee Offer
According to Zebpay, starting from now till 31st of December, all Fiats deposit made on the platform will be done at Zero-fee. The maker fees also will be zero. Traders will also receive a reward of 0.25
