Bitbns Cryptocurrency Exchange Asks Zebpay Users to Join Their Trading Platform

2018-10-1 02:43

Zebpay, one of the most known and important exchange platforms in India, announced that they are shutting down their exchange platform. This created a complicated situation in the Indian crypto market and the community. According to the exchange, they had to stop offering services to its users since regulatory bodies in the country are taking very hard stances towards virtual currencies.

Nonetheless, Bitbns, another crypto exchange in India, decided to attract users to its platform. Bitbns asked Zebpay customers not to be worried about the situation and to join its exchange platform. Additionally, Bitbns said that it was a very ‘bad day’ for the whole cryptocurrency community in India.

The official statement of the company reads as follows:

“We at Bitbns, understand the plight of hundreds of thousands of cryptocurrency holders and traders in this unfortunate hour, and that is why we are here to help Zebpay users migrate their funds to Bitbns.”

Users that decide to move their funds from Zebpay to Bitbns would be refunded the withdrawal fees that are charged by Zebpay on selected tokens. Those that want to receive withdrawal fees have to keep the funds on the exchange during a period of a week.

It is important to remember that the Reserve Bank of India (RBI) took the decision to ban cryptocurrencies from the country, including Bitcoin. At the same time, the institution warned users about the risks associated with investing and using virtual currencies.

Additionally, the RBI announced that banks functioning under the authority of the central bank would not be able to continue offering services to individuals dealing with virtual currencies or crypto exchanges. Moreover, the bank urged financial institutions to stop providing services to crypto users.

After this decision, most of the crypto-related firms decided to contact the Supreme Court in order for it to search a solution to this issue. The next week, the hearing related to virtual currencies will take place in the country.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)
Объем 24H $1.742k
Изменеия 24h: 1.41 %, 7d: -8.63 %
Cегодня L: $0.0053635 - H: $0.0055227
Капитализация $6.099m Rank 99999
Цена в час новости $ 0.0125497 (-56.73%)

exchange platform users zebpay according had stop

Источник: bitcoinexchangeguide.com

exchange platform → Результатов: 126


A Deeper Research On The First Crypto Exchange Joined London Stock Exchange Groups’ Partner Platform AAX And Its Native Token AAB

Coinspeaker A Deeper Research On The First Crypto Exchange Joined London Stock Exchange Groups’ Partner Platform AAX And Its Native Token AABRecently, TokenInsight has released Exchange Platform Token Research Report: AAB provides fresh perspectives on the AAX exchange and its platform token – AAB.

2020-4-16 21:27


VCC Exchange Partners Bittrex to Open a New Crypto Exchange Platform in Vietnam

Cryptocurrency Exchange working on launching a cryptocurrency platform in Vietnam. The Southeast Asian digital asset exchange is working on establishing a safe, secure and reliable crypto exchange platform for cryptocurrency users in Vietnam in collaboration with Bittrex, according to an announcement by the Platform’s co-CEO Tung Dao. “We are honored to launch our platform with […]

2019-5-15 04:28


Omicrex Exchange: Is Omicron Trust A Crypto Scam Or Legit?

What Is Omicrex? The new exchange is for trading Bitcoin, Ethereum and other significant altcoins. It’s an online exchange platform to help you exchange, buy or sell cryptocurrency tokens. Another purpose of the platform is to monitor personal crypto-holdings in a convenient place without real-time price watches. Before I get into this, it’s important to […]

2018-7-24 14:30


Crypto Exchange Aggregator App CoinSwitch Integrates With IDEX Service

The cryptocurrency aggregator known as CoinSwitch has made the announcement that the widely praised decentralized exchange platform, IDEX has been successfully integrated into their system. The new collaboration is not only for the purpose of exposing the power of IDEX’s market to users, but to also help CoinSwitch grow at a faster rate than ever […]

2018-7-19 14:41


Фото:

Stronghold and ibm plan to launch FDIC-insured stablecoin

Stronghold, a cryptocurrency trading platform housed by Stellar, is launching a stablecoin on its parent network’s blockchain in collaboration with IBM. The stablecoin is also purportedly protected by FDIC Insurance, something no other stablecoin or cryptocurrency company — bar Coinbase and Gemini — can claim. As an exchange, Stronghold acts as a Stellar network anchor,

2018-7-18 00:41


Bubblo ICO

Bubblo is an Al powered discovery app and marketing platform that harnesses the power of blockchain to empower users to commoditize their personal data and bargain it with businesses in exchange for deals, discounts and prizes.

2018-7-17 20:44


Japan To Regulate Korea’s Largest Crypto Exchange

On June 20, all deposits and withdrawals were suspended to update the platform and improve security system to avoid further threats. Initially, the bithumb team has recovered around 16$ million from the hack, but later controversy increased as the chairman of Financial Service Commission Kim Yong-bum got disappeared, and bithumb stopped all further deposits and […]

2018-7-17 19:49


Фото:

Line’s Cryptocurrency Exchange Bitbox Begins Operations

Line Corporation, a Japanese Internet firm and the operator of the country’s most popular messaging app, have today launched their new cryptocurrency exchange platform, Bitbox. The crypto-to-crypto exchange platform, operated by Singapore-based subsidiary Line Tech Plus, allows for the trading of 28 cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin, for users around the globe […] The post Line’s Cryptocurrency Exchange Bitbox Begins Operations appeared first on Coinjournal.

2018-7-16 20:46


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Maker whale activity surges by 1400% - Time for MKR's price to break out?

Large transaction volumes for Maker rose by over 1,400% in just two days  Despite rising whale activity, technical indicators and on-chain metrics flashed mixed signals for MKR  Maker (MKRThe post Maker whale activity surges by 1400% - Time for MKR's price to break out? appeared first on AMBCrypto.

Is Ethereum set to outperform Bitcoin? Key data suggests...

Analysts predicted that Ethereum could outperform Bitcoin due to key indicators. Ethereum spot ETF inflows and ascending price channels indicated potential price targets up to $10,000. EtherThe post Is Ethereum set to outperform Bitcoin? Key data suggests... appeared first on AMBCrypto.

QNT's latest breakout can push altcoin's price to THIS level...

QNT's breakout from its descending trendline and bullish indicators signaled potential gains to $229 On-chain metrics and declining exchange reserves highlighted growing demand and reduced sellThe post QNT's latest breakout can push altcoin's price to THIS level... appeared first on AMBCrypto.

XRP's $1 at risk? As trading volume drops 77%, concerns rise

XRP's $1 milestone seemed uncertain, as daily active addresses declined significantly. Ripple's trading volume dropped from almost $3 billion to around $207 million. After months of consolidThe post XRP's $1 at risk? As trading volume drops 77%, concerns rise appeared first on AMBCrypto.

NEAR rallies 12% in 7 days: Is $8 on the cards?

NEAR traded at $5.79 at press time, gaining 12% in seven days with $712M daily trading volume and $7B market cap. Futures Open Interest dropped 5% while TVL hit $260M, signaling steady ecosysteThe post NEAR rallies 12% in 7 days: Is $8 on the cards? appeared first on AMBCrypto.

TRON's USDT dominance - Here's what that means for TRX's price

TRX recorded gains of over 26.17% in the last 30 days TRON's USDT weekly volume surpassed 150 billion - A sign of strong adoption TRON, at the time of writing, was valued at $0.1986 with a mThe post TRON's USDT dominance - Here's what that means for TRX's price appeared first on AMBCrypto.

CVX crypto soars 20% in 24 hours - Is $5 the next target?

CVX crypto pumped 83% on the 19th of November; will the uptrend continue?  A notable whale could have triggered the wild upswing, per an analytics firm.  Convex Finance’s native token, CThe post CVX crypto soars 20% in 24 hours - Is $5 the next target? appeared first on AMBCrypto.