On October 21, India’s crypto exchange ZebPay celebrated a decade of operations in the country’s crypto industry. Over the past ten years, the platform has registered six million users and achieved a remarkable $1 billion (approximately Rs. 8,407 crore) in trade volume by 2017. As it embarks on its second decade, ZebPay aims to increase its retail market share in India’s expanding Web3 landscape. The exchange plans to roll out new features and services tailored for family offices, high-net-worth individuals (HNIs), and institutional investors, addressing the rising demand for personalized crypto solutions.
Raj Karkara, COO of ZebPay, commented on this milestone, stating, “Whether it’s through advanced trading options or strategic investing, we’ve aimed to provide an all-in-one solution for crypto enthusiasts.”
Celebrating the Milestone
To mark this anniversary, ZebPay has launched trading challenges that offer rewards to its users. Registered with the Financial Intelligence Unit (FIU), the exchange has also reduced fees on select cryptocurrency trading pairs and introduced referral programs and other promotions as a gesture of appreciation for its customer base.
Rahul Pagidipati, CEO of ZebPay, reflected on the journey, stating, “It has been an incredible journey. Throughout this decade, our mission has been clear – to democratize access to Bitcoin while upholding the highest standards of security and compliance.” The official X account of ZebPay shared this announcement, celebrating the milestone with its follower base of over 84,500.
Commitment to Blockchain and Financial Services
In 2023, Anuj Garg, ZebPay’s Vice President of Blockchain, discussed with Gadgets360 how India’s exploration of blockchain technology could enhance the country’s e-governance system by making it more secure and tamper-proof. As the company celebrates its tenth anniversary, it reaffirms its commitment to leveraging blockchain for financial services.
ZebPay’s future manifesto emphasizes its mission to empower members to achieve financial freedom within the Web3 economy.
India’s Crypto Landscape
Last week, India was recognized as the top country in the 2024 Global Crypto Adoption Index by Chainalysis, surpassing 151 nations for the second consecutive year. Despite a strict regulatory approach towards the crypto sector, the report highlighted India’s significant growth in crypto adoption, showcasing the country’s evolving relationship with digital currencies.
As ZebPay moves forward, it aims to capitalize on these trends while continuing to innovate and serve its growing user base in the dynamic world of cryptocurrency.
