Zebpay Newsletter – July 2018
Although a rocky start to bitcoin and other cryptocurrencies at the start of this year, it was a “to the moon” for bitcoin at $8000 July month. As stated in our last price analysis report, Bitcoin broke out of a month-long bearish trend.
Early week of July, we announced that INR deposits and withdrawals have been paused in the Zebpay app until banks allow us again. Please note deposits/withdrawals for supported cryptocurrencies are ON and crypto-rupee/crypto-crypto pair trading is ON. Keep trading and stay strong crypto community!
Announcement: We have reduced minimum buy amount to Rs. 100.
July 20 was the long-awaited day for the Supreme Court’s decision on the petition made by crypto enthusiasts against the ban on cryptocurrency. The Supreme court of India has now set the final hearing date on September 11. We look forward to seeing India’s leap in building a global FinTech hub.
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Let’s take a deep dive at some of the recent developments at Zebpay!
– Ease of use for crypto trading (buy/sell) and wallet (send/ receive) transactions.
– Enhanced security features.
Higher Limits For Sending Cryptocurrencies
We released high transaction limits for sending cryptocurrencies. This means higher limits for whitelisted addresses and lower limits for non-whitelisted addresses. If you have whitelisted your crypto addresses already, avail the benefits of secure and high volume transactions. Check higher limits on zebpay.com/fees.
We have phased out all Bitcoin addresses in the old format (starting with 1) as it does not enjoy new security and performance enhancements. Create a new receiving address now. Read more.
We completed a safe and secure transition of the TRON mainnet swap. TRON (TRX) deposits and withdrawals have resumed. Read more on our support for TRON mainnet token swap.
We will soon be launching new crypto-to-crypto pairs on Zebpay exchange. Trade in more than 20+ cryptocurrencies and almost 40 trading pairs. Check out live prices, market volume on charts.zebpay.com
Trading in bitcoins and cryptocurrencies is subject to market, technical and legal risks. Prices in India vary from international prices due to local demand and supply. Beware of getting lured into Ponzi schemes, ICOs or fixed return schemes. Buying and selling of bitcoins are to be done at investor’s risk.