Cryptocurrency change Zebpay is opening new workplaces in 5 European international locations, growing its presence on the continent to 43 international locations.
Launched in 2015 in India, Zebpay grew into one of many nation’s largest cryptocurrency exchanges earlier than shuttering its operation in September 2018, because of the crypto ban within the nation. Now, the change operates out of Malta, and at the moment’s growth will make it obtainable for customers in Spain, Romania, Slovakia, Liechtenstein and Lithuania.
The change can also be working a European trading competition which is able to debut at the moment, February 1, 2019. The event might be utilized by the crypto platform to establish and reward skilled merchants in Europe. Partly, the competitors is a cheers to Zebpay’s growth, however the self-proclaimed “new member of the European crypto community” mentioned it’s additionally in a bid “to construct a relationship with the crypto buying and selling group and present why over three million shoppers worldwide belief and luxuriate in utilizing Zebpay.”
Ajeet Khurana, CEO of Zebpay, spoke with Bitcoin Journal concerning the growth. He mentioned, “As we proceed to increase into new territories, we need to construct sturdy relationships with crypto communities, fans and merchants in present ecosystems. Our platform is battle examined with tens of millions of customers (a lot of whom are new to the area) with incident free dealing with of billions value of property. We will’t wait to see how the brand new international locations that we’ve expanded to work together with our platform.”
“As of today we serve most of the EU countries and have also started accepting customers from across the globe including South America and Asia,” he added.
The buying and selling competitors might be open to all European international locations the place Zebpay’s companies can be found, together with the 5 international locations that are actually obtainable at the moment.
“The goal of this competition is to encourage healthy competition amongst traders and for new traders to get a taste of the Zebpay platform,” Khurana informed Bitcoin Journal.
The change will choose 50 members randomly to compete in a buying and selling problem. Every participant will get €1,000 to commerce with on the platform for 30 days. There might be a public leaderboard, the place merchants can monitor their progress on the platform and a 24/7 assist crew might be obtainable to assist members each step of the way in which.
On the finish of the competitors, the highest 10 merchants will maintain the steadiness of their account. Those that do not make the lower will get a reward of €100 for taking part within the event.