On Monday, October 21, India’s crypto alternate ZebPay introduced it has reached a milestone of ten years within the nation’s crypto trade. Over the previous decade, the platform stated it had garnered six million registered customers and surpassed $1 billion (roughly Rs. 8,407 crore) in commerce quantity by 2017. Because it enters its second decade, ZebPay goals to develop its retail market share in India’s rising Web3 house. ZebPay plans to introduce new options and providers designed for household places of work, high-net-worth people (HNIs), and institutional buyers. The alternate famous a rising demand for personalised crypto options in current instances.
“Whether or not it is by superior buying and selling choices or strategic investing, we have aimed to offer an all-in-one answer for crypto lovers,” stated 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 Monetary Intelligence Unit (FIU), the alternate has lowered charges on choose cryptocurrency buying and selling pairs and launched referral applications and different promotions as a token of appreciation for its buyer base.
“It has been an unbelievable journey. All through 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 stated.
ZebPay’s official X account additionally shared an announcement celebrating ten years of operations with its follower base of over 84,500.
:tada: Celebrating 10 unbelievable years! Since 2014, ZebPay has been main Bitcoin investments in India, on a daring journey to onboard billions of Indians to this revolutionary asset. :rocket:
Via challenges and milestones, we have navigated this progressive trade collectively, and we… pic.twitter.com/09bc5Ye74V
— ZebPay (@zebpay) October 21, 2024
In 2023, ZebPay’s Vice President of Blockchain, Anuj Garg had advised Gadgets360 India’s exploration of blockchain expertise might 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 circumstances for monetary providers.
In its future manifesto, ZebPay said that its mission is to empower members to realize monetary freedom within the Web3 financial system.
Final week, India claimed the highest spot within the ‘2024 International Crypto Adoption Index’ by Chainalysis, surpassing 151 international locations for the second consecutive 12 months. Regardless of sustaining a strict regulatory stance on the crypto sector, the report highlighted India’s important progress in crypto adoption.
