THELOGICALINDIAN - Leading Indian cryptocurrency barter Zebpay has added new cryptocurrencies to its cryptotocrypto trading belvedere The barter now supports 19 cryptocurrencies and over 35 trading pairs as it prepares for the cyberbanking ban by the countrys axial coffer to go into aftereffect abutting week
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19 Cryptocurrencies, 35 Trading Pairs
One of the better cryptocurrency exchanges in India, Zebpay, appear Friday that it has added a cardinal of cryptocurrencies to its crypto-to-crypto trading service. Zebpay claims to accept over 3 actor users.
The barter launched its crypto-to-crypto trading account in backward April with aloof one trading brace – ETH/BTC. In aboriginal May, it added six added markets, trading BTC adjoin BCH, LTC, XRP, EOS, OMG, and TRX.
Then on Friday, June 29, Zebpay added 10 new crypto-to-crypto markets: NCASH, REP, BAT, ZRX, ZIL, GNT, VEN, KNC, CMT, and AE. The barter wrote, “Zebpay announces the barrage of 10 new crypto-to-crypto trading pairs. You can now barter 10 new tokens, accurate by Zebpay, with BTC,” adding:
Ramping Up Crypto Trading Ahead of RBI Ban
India’s axial bank, the Reserve Coffer of India (RBI), issued a annular that mandates all banking institutions beneath its ascendancy to stop application companies ambidextrous in cryptocurrencies by July 5.
Following the circular, industry participants petitioned the Supreme Court, arduous the RBI ban. The Court originally appointed the audition date to July 20, two weeks afterwards the ban is set to booty effect, but reportedly absitively to move that date to July 3. In the meantime, crypto exchanges in India are actively advancing to lose admission to cyberbanking services.
Zebpay afresh informed its barter that authorization deposits and withdrawals are acceptable to cease afterward the ban, advising them to accomplish any all-important withdrawals beforehand. Afterward this announcement, all cryptocurrencies listed on the barter accomplished spikes in their trading aggregate as advertise orders accumulated up.
Zebpay is not the alone Indian barter ramping up crypto-to-crypto trading advanced of RBI’s ban. Unocoin afresh launched Unodax, a multi-crypto trading platform, alms the trading of 15 cryptocurrencies. The barter has additionally launched an asset allocation apparatus alleged Crypto Basket. Another barter in the country, Koinex, additionally offers crypto-to-crypto trading.
What do you anticipate of Zebpay abacus abutment for 19 cryptocurrencies advanced of the RBI ban? Let us apperceive in the comments area below.
Images address of Shutterstock, RBI, and Zebpay.
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