NEW LOCATION

Olá Brazil Brazil NVMe-powered VPS Plans in Brazil Now Available.

Deploy Instantly
  • +357 2425 0808
  • Login
  • English

Home

Blog

Zebpay, India’s Largest Bitcoin Exchange...

Zebpay, India’s Largest Bitcoin Exchange Relocates to Malta

Zebpay, India’s Largest Bitcoin Exchange Relocates to Malta

NetShop ISP

NetShop ISP · Blog Author

Oct 19, 2018 · Archive

Zebpay, India’s biggest cryptocurrency exchange, is setting out toward Malta! Following in the strides of major platforms Binance and OKEx, the trade has had no real option except to move its activities to the ‘blockchain island’ amid strict regulations in India.

The exchange shut down its operations in India a month ago, due to strict directions issued by the Reserve Bank of India (RBI) in April. The RBI directed that banks stop business with any organizations in respect to cryptocurrency.

In that capacity, Zebpay was constrained to disable Indian Rupee stores and withdrawals, and with an absence of assets, shut its trade benefit crosswise over India. The company has lost somewhere in the range of three million financial specialists in light of this conclusion.

In any case, Zebpay in Malta will mean a greater open door for the trade. It will serve more than 20 European nations with its help for more than 20 cryptocurrencies.

Be that as it may, it presently won’t be open to clients in India.

Rather, it will serve enormous markets, for example, Germany, Sweden, and France, yet breaking into the European market will be extreme. It should strive to recapture a portion of those a large number of lost clients.

The European trade showcase is a productive one, however it accompanies gigantic rivalry.

Malta is a positive purview for crypto business because of its straightforward and reasonable controls. Indeed, even its own executive has been touted as saying that cryptographic money is “the inevitable future of money.”

Malta is situating itself as a crypto hub with any expectations of improving its economy and foundation by conveying these kinds of organizations to its shores.

Strict Asian directions implied that Binance and OKEx were compelled to move to Malta. What’s more, now Zebpay is the equivalent.

Press Releases
75

Free VPS Trial

No Credit Card Required.

Recent Posts

The Importance of Server Backups: Ensuring Data Security and Business Continuity

The Importance of Server Backups: Ensuring Data Security and Business Continuity

24 September, 2024

The Critical Role of Server Time Synchronization in MetaTrader 5 (MT5) Cluster

The Critical Role of Server Time Synchronization in MetaTrader 5 (MT5) Cluster

04 September, 2024

NetShop ISP Expands Global Cloud Footprint in São Paulo, Brazil (LatAm)

NetShop ISP Expands Global Cloud Footprint in São Paulo, Brazil (LatAm)

30 August, 2024

Microsoft Security Alert: Zero-Click IPv6 Vulnerability on Windows Servers [CVE-2024-38063]

Microsoft Security Alert: Zero-Click IPv6 Vulnerability on Windows Servers [CVE-2024-38063]

17 August, 2024

How To Connect (RDP) on Windows Server 2022 from Linux Ubuntu PC

How To Connect (RDP) on Windows Server 2022 from Linux Ubuntu PC

16 August, 2024

#letushostyou

Award Winning Hosting Provider established in 2004.

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2024 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer