Singapore-headquartered cryptocurrency exchange Zebpay has launched in Australia, driven by a vision to increase the accessibility of crypto.
Zebpay CEO Ajeet Khurana said less than one per cent of people globally had participated in cryptocurrency, yet it was now recognised as the third investment sector, in addition to property and shares.
“We have a vision of sharing the benefits of crypto which are currently being enjoyed by a few, to an outcome where they are being enjoyed by the many. We want all Australians to know that we are the ‘go to’ place to buy and sell crypto with ease because we are safe, forward thinking, reliable, trustworthy and highly capable,” Khurana said.
“Since launching, Zebpay has served the market on a mass scale and is drawing on this capability and experience to expand to over 130 countries globally including Australia.”
Khurana said in addition to providing the crypto exchange platform, Zebpay would also deliver education locally.
“A lot of people are interested in cryptocurrency and they would like to get involved but they are not sure how to do it,” Khurana said.
“We believe inclusion and accessibility is the best form of expansion. The range of features available will ensure that all Australians will be able to buy and sell cryptocurrencies, as well as understand them.”
Zebpay will be based in Melbourne fintech hub Stone & Chalk, with its Australian expansion to be headed by Sandeep Khurana (not related to Ajeet).
Zebpay’s product features in Australia include; the instant buying and selling of cryptos across five trading pairs; bitcoin lightning network withdrawals and multiple payment integrations enabling users to make bank transfers and wallets to bring fiat to their Zebpay account.