[Exchanges](https://revain.org/exchanges/) › ZebPay

# ZebPay: security, fees and reviews

Centralized exchange

## In short

- **Fees**: Spot trading: Maker and taker 0.45% at the Regular tier (30-day volume up to 5 lakh INR), falling to 0.03% at VIP 7 (above 500 crore INR); Quick Trade from 0.5%; GST is added (as of 31 October 2026; schedule effective 12 October 2024).
- **Risks and caveats**: FIU-IND registration is an anti-money-laundering reporting-entity registration, not a licence, and here it is ZebPay's own statement: no public FIU-IND list naming registered entities was found on 31 October 2026.
- **Checked**: 31 October 2026

## Key facts

- **Type**: Centralized exchange
- **Country of registration**: India
- **Operator**: Awlencan Innovations India Limited
- **Official site**: [zebpay.com/in](https://zebpay.com/in)

Key facts checked on 31 October 2026 against official sources.

## What is ZebPay

ZebPay is a crypto exchange for Indian users with INR and USDT spot pairs, Quick Trade, perpetual futures, CryptoPacks and an Earn feature. It describes itself as one of India's longest-standing Bitcoin exchanges, launched in 2014.

## Good to know

- ZebPay says it is registered with the Financial Intelligence Unit - India (FIU-IND) as a Virtual Digital Asset Service Provider and reports suspicious transactions to FIU-IND (company statement). [↗](https://zebpay.com/in/legal-privacy)
- FIU-IND's website carries a notice on registration of VDA service providers as reporting entities, but no public list naming registered entities was found on 31 October 2026. [↗](https://fiuindia.gov.in/)
- Awlencan Innovations Australia Pty Ltd (ACN 629 939 948), Melbourne, operates ZebPay in Australia; its terms name AUSTRAC as the competent authority (no AUSTRAC registration number is given). [↗](https://zebpay.com/au/legal-privacy)
- Outside India and Australia, the terms name a subsidiary or affiliate of Ohana DAO Pte Ltd (Singapore). [↗](https://zebpay.com/legal-privacy#terms-of-use)
- 1% TDS applies to crypto transactions in India since 1 July 2022, as stated on the pricing page. [↗](https://zebpay.com/in/features/pricing)

## Services

| Parameter | Details |
|---|---|
| Spot trading | Spot trading and Quick Trade on the Indian platform. |
| Perpetual futures | Perpetual futures trading, under a Futures Trading Policy in effect since 1 May 2024. |
| Crypto SIP | Recurring crypto purchases (Crypto SIP), launched in January 2026. |

## Security and audits

- ZebPay announced ISO 27001:2022 certification of its information security management system (June 2026).

## Fees

| Parameter | Details |
|---|---|
| Spot trading | Maker and taker 0.45% at the Regular tier (30-day volume up to 5 lakh INR), falling to 0.03% at VIP 7 (above 500 crore INR); Quick Trade from 0.5%; GST is added (as of 31 October 2026; schedule effective 12 October 2024). |
| GST | All listed fees exclude GST, which is added (as of 31 October 2026). |
| Deposits and withdrawals | INR deposits free; crypto deposits free; flat 15 INR fee per INR withdrawal, minimum 100 INR (as of 31 October 2026). |
| Perpetual futures | Perpetual futures: VIP 0 maker 0.020%, taker 0.050%; liquidation clearance fee 0.5% (as of 31 October 2026). |
| KYC | Regular KYC free; Enhanced KYC 500 INR + 18% GST = 590 INR, charged since 2 May 2023 (as of 31 October 2026). |
| Membership fee | 0.0001 BTC (or equivalent) in a month with no trade (as of 31 October 2026). |
| TDS | 1% TDS applies to crypto transactions in India since 1 July 2022, as stated on the pricing page. |

## Who can use it

- Verification: Regular KYC is free; Enhanced KYC costs 500 INR + 18% GST (590 INR).
- Users of the Indian platform must declare they are not US users.

## History

| Date | Event |
|---|---|
| October 2014 | Bitcoin wallet launched. |
| July 2015 | Mobile app launched. |
| 2018 | ZebPay's own blog says RBI banking restrictions in 2018 led to a major shutdown of exchange operations across India (general statement, not a ZebPay-specific notice). |
| December 2018 | Global exchange launched. |
| May 2019 | Australia launch. |
| January 2020 | Singapore launch. |
| 2020 | ZebPay's blog says the Supreme Court lifted the RBI restrictions in 2020. |
| March 2020 | India relaunch with a new leadership team. |
| 1 May 2024 | Futures Trading Policy in effect. |
| 12 October 2024 | Current spot fee schedule took effect; intra-day fees removed. |
| January 2026 | Crypto SIP (recurring purchases) launched. |
| June 2026 | ISO 27001:2022 certification announced. |

## Risks and caveats

- FIU-IND registration is an anti-money-laundering reporting-entity registration, not a licence, and here it is ZebPay's own statement: no public FIU-IND list naming registered entities was found on 31 October 2026.
- Outside India and Australia, the terms name only an unspecified subsidiary or affiliate of Ohana DAO Pte Ltd (Singapore) as the provider.
- The Australian terms name AUSTRAC as the competent authority but give no AUSTRAC registration number.

## About the company

- **Launched**: 2014 (Bitcoin wallet launched in October 2014)
- **Legal entity (India)**: Awlencan Innovations India Limited, incorporated in India, CIN U72100TS2018FLC177177.
- **Registered office (India)**: Workafella, Western Aqua, Hi-Tech City, Kondapur, Hyderabad, Telangana 500 084 (per the privacy policy).
- **Governing law (India terms)**: Indian law.
- **Legal entity (Australia)**: Awlencan Innovations Australia Pty Ltd (ACN 629 939 948), Melbourne
- **Operator (other countries)**: A subsidiary or affiliate of Ohana DAO Pte Ltd (Singapore)

## Official links

- Website (India): [zebpay.com/in](https://zebpay.com/in)
- About: [zebpay.com/in/about-us](https://zebpay.com/in/about-us)
- Fees: [zebpay.com/in/features/pricing](https://zebpay.com/in/features/pricing)
- Terms and policies (India): [zebpay.com/in/legal-privacy](https://zebpay.com/in/legal-privacy)
- Terms (Australia): [zebpay.com/au/legal-privacy](https://zebpay.com/au/legal-privacy)

## Questions and answers

**Who operates ZebPay in India?**

Its Indian terms name Awlencan Innovations India Limited (CIN U72100TS2018FLC177177), with a registered office in Hyderabad, Telangana.

**Is ZebPay registered with FIU-IND?**

ZebPay says it is registered with the Financial Intelligence Unit - India (FIU-IND) as a Virtual Digital Asset Service Provider (stated in its AML policy). No public FIU-IND list naming registered entities was found on 31 October 2026, so this is the company's own statement; the registration is for anti-money-laundering reporting, not a licence.

**What are ZebPay's trading fees?**

On the Indian platform, spot maker and taker fees are 0.45% at the Regular tier and fall with 30-day volume to 0.03% at VIP 7; GST is added. INR withdrawals cost a flat 15 INR (as of 31 October 2026).

**Did ZebPay stop operating in India?**

ZebPay's own timeline lists an India relaunch in March 2020, after the 2018 RBI banking restrictions that its blog says shut down exchange operations across India and that the Supreme Court lifted in 2020.

## Sources

- [ZebPay: About us](https://zebpay.com/in/about-us)
- [ZebPay India: Legal and privacy](https://zebpay.com/in/legal-privacy)
- [ZebPay Australia: Legal and privacy](https://zebpay.com/au/legal-privacy)
- [ZebPay: Legal and privacy (global)](https://zebpay.com/legal-privacy#terms-of-use)
- [ZebPay India: Pricing](https://zebpay.com/in/features/pricing)
- [ZebPay blog: 12 years of ZebPay](https://zebpay.com/in/blog/12-years-of-zebpay-leading-bitcoin-adoption-in-india)
- [ZebPay blog: ISO 27001:2022 certification](https://zebpay.com/in/blog/zebpay-achieves-iso-27001-2022-certification)
- [ZebPay blog: Is crypto legal in India](https://zebpay.com/in/blog/is-crypto-legal-in-india)
- [FIU-IND](https://fiuindia.gov.in/)

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Page updated: 2026-10-31

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Source: https://revain.org/exchanges/zebpay/