Update :
Thank you Zebians for an overwhelming response. Since we have reached our targets, we have paused the free 1$ giveaway for now. Stay tuned.
Dear All
Thank you for your early interest in Zebpay, the world's simplest bitcoin app. We have received lots of feedback over the past couple of weeks.
We are happy to announce the global release of Zebpay (beta). You can now invite your friends and earn free bitcoins up to $5.
There is no need to worry about Bitcoin addresses or wallet backups. Your wallet is linked to your mobile number. Use Zebpay to accept Bitcoins on your mobile number or to send bitcoins to your non tech savvy friends and family.
Spread the love, spread Bitcoins using Zebpay without having to explain anyone about the complexities of Bitcoin.
Coming soon: buy vouchers, gift cards, airtime and more.
Welcome to the future of money, welcome to Zebpay!
Regards
Some questions we received:
1) Why are you storing private keys, don't you think bitcoin private keys must be under user's control?
A) We completely agree with that. If you don’t own private keys of your bitcoin, you don’t own bitcoins. Most of your bitcoins must reside in offline paper wallet securely under your control. We suggest a Multi Sig wallet as the best option to do that. But honestly, let’s look at the statement again and try to explain words like private key, offline paper wallet and Multi Sig. These terms will be much easier for people to understand once they start using bitcoin and have spend them for a couple of months. We want the average Joe to use bitcoins without worrying about the brilliant but complicated tech concepts.
Also we are focused on becoming a spend wallet. We never recommend people to store all their bitcoins in our wallet. In fact, at the moment if your wallet balance is greater than $1,000, the display will turn red to indicate that you are storing too many bitcoins.
2) Why are you not having a web wallet?
A) At Zebpay, we are focused on becoming the simplest way to spend your bitcoins and we are focused on doing that through your mobile phone. Hence, we do not have any plans for having a web wallet.
3) Why do you have a referral program?
A) Zebpay is useful when your contacts are also on Zepay so you can easily transact with them. The referral program is so that our initial users have an incentive to invite their contacts.
4) Why do you need so many permissions on Android?
A) Zebpay works exactly like instant messaging apps like Whatsapp. We need the permissions so that most of the things are done automatically like contact sync and SMS verification.
5) Can you send bitcoins to users who have not yet installed Zebpay?
A) Yes, you can send bitcoins to any bitcoin address. You can also send bitcoins to any mobile number in your contact book. If they are not on Zebpay, they will get an SMS to download the app. They will get the bitcoins on installation. If they don’t install Zebpay within 2 days, your account will be credited back with the bitcoins you had sent.