Topic: Can Zebpay become coinbase,binnace of INDIA!! - page 2. (Read 271 times)
Haha. Great way to get backlink for your site and even visitors too.
Only after JioCoin is launched, crypto currencies will be legalized in India.
Don't think so. Even if regulations come into play and they work well for the Indians, Zebpay is already seeing a huge competition from others namely Koinex, Bitbns, etc. and if things become regularized and legal in India, there will be many more wallets and exchanges coming to India.
Becoming Coinbase is a huge thing since it involves not just security and handling of huge user bases, but also handling the support and in countries like India, there will be a big user base to handle for them.
Becoming Coinbase is a huge thing since it involves not just security and handling of huge user bases, but also handling the support and in countries like India, there will be a big user base to handle for them.
Zebpay might become but it will take time. Coinbase and Binance is way ahead in terms of quality of service. Zebpay is still a baby. Also, you never know Indian govt is always confused when it comes to cryptos. When the whole world is moving ahead with blockchain technology, they are still sleeping.
You never know, if Coinbase and Binance over take indian market, it will be a tough battle.
It would be more difficult because of slow processing and high transaction rates when trade executed but if there will be posibility then Koinex can has the potential to become an exchange like coinbase etc.
It will take longer time for zebpay as Binance and Coinbase are already established exchanges and its hugely popular among the investors/traders. on other hand, zebpay may have to face difficulties from the local government authorities and banks due uncertain regulations of cryptos. Hence, it will be quite difficult for them to run smooth operations of their services.
What about Reliance plan to invest in JioCoin, its own cryptocurrency. They seems to be aware about Indian Gov thoughts.
Its a fake news and it has been already denied by the company.
As you already know blockchain and iot is gaining momentum in our country and even our prime minister hint the importance of these technology,i am sure that crypto will become future stock market.yup we are undergoing regulation change but i am confident that crypto will be widely accepted as profit making asset,ya but they are after crypto tax.zebpay is currently biggest exchange in india and its no of user are growing so high chance that it can create influence as a coinbase in future.they are also organising event to spread crypto awareness.
What about Reliance plan to invest in JioCoin, its own cryptocurrency. They seems to be aware about Indian Gov thoughts.
Long way to go because firstly the regulations in place is still not clear in India whether they would be supporting the crypto or not. If they do not support so story is over and all the exchanges would be shut in coming time. Else what restriction or regulations come in if accepted based on then any exchange if it is feasible might operate and then only we will know about it.
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