ZebPay Marks a Decade in India’s Crypto Landscape, Sets Sights on Expanding Retail Market Share  

On Monday, October 21, India’s crypto change ZebPay introduced it has reached a milestone of ten years within the nation’s crypto business. Over the previous decade, the platform mentioned it had garnered six million registered customers and surpassed $1 billion (roughly Rs. 8,407 crore) in commerce quantity by 2017. As it enters its second decade, ZebPay goals to broaden its retail market share in India’s rising Web3 house. ZebPay plans to introduce new options and providers designed for household workplaces, high-net-worth people (HNIs), and institutional buyers. The change famous a rising demand for personalised crypto options in latest instances.

“Whether it is by means of superior buying and selling choices or strategic investing, we have aimed to supply an all-in-one resolution for crypto fans,” mentioned Raj Karkara, COO, ZebPay whereas commenting on the event.

To commemorate the milestone, ZebPay has launched buying and selling challenges providing rewards to its customers. Registered with the Financial Intelligence Unit (FIU), the change has lowered charges on choose cryptocurrency buying and selling pairs and launched referral packages and different promotions as a token of appreciation for its buyer base.

“It has been an unbelievable journey. Throughout this decade, our mission has been clear – to democratise entry to Bitcoin whereas upholding the very best requirements of safety and compliance,” Rahul Pagidipati, CEO, ZebPay mentioned.

ZebPay’s official X account additionally shared an announcement celebrating ten years of operations with its follower base of over 84,500.

In 2023, ZebPay’s Vice President of Blockchain, Anuj Garg had informed Gadgets360 India’s exploration of blockchain know-how may improve the nation’s e-governance system by making it safer and tamper-proof. As the corporate celebrates its tenth anniversary, it reaffirmed its dedication to leveraging blockchain use instances for monetary providers.

In its future manifesto, ZebPay acknowledged that its mission is to empower members to achieve monetary freedom within the Web3 financial system.

Last week, India claimed the highest spot within the ‘2024 Global Crypto Adoption Index’ by Chainalysis, surpassing 151 nations for the second consecutive yr. Despite sustaining a strict regulatory stance on the crypto sector, the report highlighted India’s vital development in crypto adoption.