Zebpay Review 2024: Features, Products & Fees In India

How Zebpay Operates

To engage in buying or selling bitcoins and other cryptocurrencies, you must first create an account with Zebpay. The investment process requires completing the KYC procedure by uploading necessary documents and funding your Zebpay account.

Zebpay KYC Process

  1. Create an account on Zebpay.
  2. Complete KYC by uploading required documents.
  3. Deposit funds into your Zebpay account.

Zebpay Account Features

  1. Deposit and Withdraw INR

You can easily deposit and withdraw Indian Rupees (INR) through various channels such as net banking, IMPS, NEFT, and RTGS. The deposited INR can then be utilized for cryptocurrency investments. Once you acquire Bitcoins, Ethereum, or USDT, you can use them to purchase other cryptocurrencies.

  1. Accessible Across Platforms

Zebpay facilitates trading through mobile apps and web applications. The trading platform is accessible on various devices, including laptops, tablets, smartphones, and PCs, as long as they have an internet connection.

  1. Fast Lightning Payments

Zebpay introduces a new protocol, free of charge, built over the Bitcoin blockchain (Layer 2). This technology enables quick payments for small amounts. By scanning or pasting invoices and confirming, users can make almost instant peer-to-peer bitcoin payments.

Zebpay provides a user-friendly platform for cryptocurrency enthusiasts, offering convenient deposit and withdrawal options, cross-platform accessibility, and efficient lightning payments.

Zebpay Fee Structure

  1. Zebpay Trading Charges

Taker fees are incurred immediately after placing an order, while Maker’s fees apply when waiting for the order to be matched. The fees are determined by the 30-day trading volume.

  1. Zebpay Deposit Charges

INR deposit charges include:

– Rs. 12 per deposit transaction via net banking
– Rs. 12 per deposit using UPI
– Rs. 12 for rupee deposits through bank transfer

Crypto coin deposits are free.

  1. Zebpay Bitcoin Transfer Charges

For Bitcoin transfers to other wallets, Zebpay treats it as a withdrawal transaction and charges 0.0006 BTC as Bitcoin withdrawal fees.

  1. Zebpay Crypto Withdrawal Fee

Crypto withdrawal fees vary between currencies with specific minimum and maximum amounts. For instance, Bitcoin withdrawal incurs a fee of 0.0006 BTC, with a minimum withdrawal of 0.0005 BTC and a maximum of 0.178 BTC per transaction.

  1. Zebpay INR Withdrawal Fees

Zebpay charges Rs. 15 as withdrawal fees for INR withdrawals. The minimum withdrawal amount is Rs. 100, while the maximum is Rs. 70 lakhs per transaction.

  1. Zebpay Intraday Charges

Intraday trading (buy/sell on the same day) on Zebpay incurs fees ranging from 0.10% to 0.06% based on the trader’s past 30-day trading volume.

  1. Zebpay Membership Fees

Zebpay imposes a membership fee of 0.0001 BTC or equivalent per month (approximately Rs. 205) for inactive accounts, encouraging users to trade at least once a month or pay the membership fees.

Zebpay Products Overview

  1. Zebpay App

The Zebpay app facilitates cryptocurrency trading on smartphones, compatible with both iOS and Android devices. It allows direct access to the Zebpay exchange platform, enabling users to deposit money from their bank accounts and trade in crypto pairs. However, there are reported negative reviews regarding delayed KYC updates on the app.

App Store Information

Google Play Store

– Ratings: 3.4
– Size: 12 MB
– Compatibility: Android 5.0 and up

Apple App Store

– Ratings: 3.8
– Size: 106 MB
– Compatibility: Requires iOS 12.0 or later, Compatible with iPhone

  1. Zebpay Wallet

The Zebpay Bitcoin wallet, linked to user accounts, provides a secure storage solution for approximately 98% of cryptocurrencies in cold wallets, ensuring offline and secure storage. Crypto assets at Zebpay are held in a secured pool, not individual wallets with private keys. The wallet supports six cryptocurrencies and various currency pairs. Security features include HSM (hardware security) and the proprietary Omnitrixx security protocol.

Withdrawal & Deposit Limit Information

Zebpay deposits money (rupees) instantly but exhibits slower processing of withdrawal requests, typically taking 1-3 business days. The platform offers two types of withdrawal transaction limits: whitelisted and non-whitelisted. Whitelisting provides higher transaction limits with enhanced security.

Withdrawal Limits


– Minimum per transaction: 0.0005 BTC
– Daily limit: 0.059 BTC
– Monthly limit: 0.593 BTC


– Minimum per transaction: 0.02 ETH
– Daily limit: 0.81 ETH
– Monthly limit: 8.13 ETH


– Minimum per transaction: 5 USDT
– Daily limit: 1000 USDT
– Monthly limit: 10000 USDT


– Minimum per transaction: 25 XRP
– Daily limit: 2933 XRP
– Monthly limit: 29326 XRP

Deposit Limits


– Minimum per transaction: 0.000001 BTC
– Maximum per transaction: 100 BTC


– Minimum per transaction: 0.001 ETH
– Maximum per transaction: 1000 ETH


– Minimum per transaction: 0.01 USDT
– Maximum per transaction: 1000000 USDT


– Minimum per transaction: 0.01 XRP
– Maximum per transaction: 1000000 XRP

Available Cryptocurrencies on Zebpay

Zebpay offers support for over 60 crypto trading pairs. The company is currently undergoing a revamp of its exchange and platform to recover the momentum lost after the removal of the RBI ban.

As of now, Zebpay primarily supports leading cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, BAT, MATIC, SOL, and USDT. The available trading pairs are predominantly against INR, with approximately 60 pairs in total. It is anticipated that the variety of supported cryptocurrencies and trading pairs will expand in the near future.

Zebpay Account Opening Guide

Step 1: Visit the Zebpay account opening page.
Step 2: Register by providing your name, mobile number, and email address.
Step 3: Verify your mobile number using OTP and PIN.
Step 4: Verify your email address by clicking the confirmation link.

Adding Money to Zebpay

To add money (INR) to Zebpay, you can use Mobikwik UPI. Simply click on the deposit tab and choose Mobikwik to proceed.

Another method is using net banking for IMPS, NEFT & RTGS. Follow these steps:

  1. Click on the deposit tab and proceed to add the desired amount.
  2. Choose your preferred payment option: UPI or UPI QR.

Deposit through UPI

– Add your UPI handle, and you will receive a payment request on your UPI app.
– Approve the transaction on your UPI app to credit the money to your Zebpay account.

Deposit through UPI QR

– Scan the QR code displayed on the screen with your UPI app.
– Confirm the transaction, and the money will be credited to your Zebpay account.

This completes the process of opening a Zebpay account and adding funds for trading or investing in cryptocurrencies.

Receiving and Buying Bitcoin on Zebpay

To receive Bitcoin

  1. Open the Zebpay app and select the cryptocurrency you want to receive, such as Bitcoin.
  2. Click on the receive option, tap the (+) button to create a receiving address, and label it.
  3. Share the address by scanning the code or copying it and sending it via email or message.

To buy Bitcoin

  1. Log in to the Zebpay exchange and navigate to the order entry form.
  2. Click on BTC-INR to buy Bitcoin and fill in the desired amount and limit price.
  3. For example, if buying Rs. 5000 worth of Bitcoin, enter the amount and set the limit price.
  4. Confirm the trade by clicking “Place buy order.”

Sending Bitcoins from Zebpay

  1. Have the receiver’s Bitcoin address and select it from the address list.
  2. Enter the quantity of Bitcoin to send, click on the send option, and confirm with your PIN.

Converting BTC to INR on Zebpay

  1. Sell Bitcoins on the Zebpay exchange by selecting BTC-INR and the sell option.
  2. Enter the amount of Bitcoins to sell and the desired BTC limit price.
  3. Receive the sale proceeds in INR in your Zebpay account, which can be transferred to your linked bank account.

Transferring Bitcoin from Zebpay to Koinex

  1. Obtain the Bitcoin address from Koinex by tapping the deposit option on their platform.
  2. Share the address details with Zebpay to add it to the Bitcoin address list.
  3. To send Bitcoin from Zebpay to Koinex, select the Koinex Bitcoin address, confirm the transfer with your PIN, and proceed.

This guide provides steps for receiving, buying, sending, converting, and transferring Bitcoin using Zebpay.

Buying Ripple on Zebpay

  1. Select Ripple from the crypto coin drop-down list on Zebpay.
  2. Enter the buy order form, indicating the amount and the limit price for Ripple (e.g., set the limit price at Rs. 16.70 for a Rs. 2000 purchase).
  3. Receive approximately 119.760479 Ripples for the specified amount.

Withdrawing Bitcoin from Zebpay

  1. Obtain the Bitcoin address of the recipient.
  2. Select the Bitcoin address from the list, enter the quantity of Bitcoin to withdraw, and confirm the transaction with your PIN.

Withdrawing Money from Zebpay

  1. Zebpay allows money withdrawal to the linked bank account.
  2. Navigate to the dashboard, select the “withdraw” icon, and enter the withdrawal amount.
  3. Proceed to withdraw, verify bank details, and enter the PIN to confirm.
  4. Money will be credited to the bank account in 1-3 business days.

Zebpay Pros

– Maximum maker fees of 0.15%
– Intraday trading in cryptos at 0.10% fees
– User-friendly Zebpay app and wallet
– Fast payment processing

Zebpay Cons

– Membership fees of 0.0001 BTC for inactive accounts
– Supports only 14 cryptocurrencies
– Limited trading pairs (around 60 pairs)

Final thoughts

Zebpay is completely secure and legally compliant for depositing, withdrawing Rupees, and engaging in Bitcoin trading.

Operating in the cryptocurrency exchange industry since 2014, Zebpay temporarily ceased its Indian operations due to the RBI ban. However, Zebpay has recently restructured its operations post that period.

Zebpay provides intraday trading opportunities in various cryptocurrencies with a minimal fee of 0.10%. The platform is equipped with a user-friendly app and trading interfaces to facilitate a seamless start for users.

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