The Indian cryptocurrency exchange platform ‘Zebpay’ recently announced their new launch of six new trading pairs. The cryptocurrencies which have been introduced by Zebpay are Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, EOS, OmiseGo, Golem, and Tron.
Zebpay has announced the launch of six new crypto-to-crypto trading pairs in the market.
- Bitcoin Cash [BCH] – Bitcoin [BTC]
- Litecoin [LTC] – Bitcoin [BTC]
- Ripple [XRP] – Bitcoin [BTC]
- EOS [EOS] – Bitcoin [BTC]
- OmiseGo [OMG] – Bitcoin [BTC]
- Tron [TRX] – Bitcoin [BTC]
Zebpay was originally called the name “Buysellbitco.in” which was India’s first exchange platform. Founded by Mahin Gupta in late 2012, Zebpay is a cryptocurrency trading platform based in India and is headquartered in Singapore. Their IT offices are located in Ahmedabad and Gujarat. They have an app-enabled Bitcoin wallet provider to trade.
Zebpay charges maker fees and taker fees for various transactions. A maker is referred to as a situation when a customer places an order which gets added in the respective open order book and while the order is pending to be matched then that particular customer becomes the maker.
When a customer places an order which would get matched against another order which is already in the open order book, they would be the taker in this situation. The taker’s request will be matched against a pre-existing maker’s request which would get the order executed. Taker will remove liquidity by decreasing the number of orders which are there in the open order book.
Ramakrishna, a Twitter user says:
“Good initial move. It would have been great if xrp is base currency”
Ajay Sharma, a crypto-investor says:
“Great work, doing progress.”
Akshit Talwar, a crypto-enthusiast says:
“They are preparing for the potential RBI ban”
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