Zebpay is one of India's oldest and largest cryptocurrency exchanges, founded in 2014 (originally as BuySellBitCo) and headquartered in Ahmedabad, Gujarat. At its peak before India's 2018 RBI banking ban, Zebpay had over 5 million app downloads and was processing approximately $500 million in monthly trading volume, making it one of the dominant crypto platforms in the country.

When the Reserve Bank of India effectively banned banks from servicing crypto businesses in 2018, Zebpay suspended Indian operations and relocated to Malta and Singapore to continue serving international users. After the Indian Supreme Court struck down the banking ban in March 2020, Zebpay relaunched its Indian operations and resumed INR trading pairs. The company now operates as a dual-headquartered exchange serving both Indian and global markets.

Zebpay offers spot trading for Bitcoin, Ethereum, and over 100 other cryptocurrencies, along with a crypto lending product and OTC desk. The platform emphasizes mobile-first design and has maintained its reputation as a user-friendly entry point for Indian retail crypto investors. Under India's 2022 crypto tax regime (30% income tax and 1% TDS on transfers), Zebpay has integrated tax reporting tools to help users comply with the new requirements.

Key Facts

• Founded: 2014
• Headquarters: Ahmedabad, India (with international presence)
• Users: 5M+ app downloads
• Services: Spot trading, lending, OTC desk

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