How to Create ZebPay Account without a Phone Number?

ZebPay app is one of the oldest cryptocurrency exchanges in India with the interface being thoroughly adapted for both beginners and experienced traders.

Though it has some specifics with the registration process in the app, there are tools that can help you bypass the requirements. Thus, in the end of the blog post, you will find the guidelines on how to register ZebPay with a virtual number.

What is ZebPay?

Zebpay is an Indian-based mobile cryptocurrency exchange that enables users to trade with the most widely used cryptocurrencies, including Bitcoin and Ethereum. Moreover, with the Zebpay app, you can open cryptocurrency deposits.

The app started in 2012 under the name “Buysellbitco.in”, focusing on Bitcoin only. A few years later, the project emcountered rebranding to Zebpay while expanding the range of services and available coins. Moreover, the Zebpay app headquarters was moved to Singapore while India still hosts two offices in Mumbai and Ahmedabad.

Launching a cryptocurrency exchange in India became revolutionizing for the country in many aspects. The reason is that in 2012, when the app was created, over 90% of Indians lacked access to banking services. The founders of the then Buysellbito.in solved this problem radically: not only did they provide access to online financial services, but also to a decentralized system that has no regulation by government agencies.

Like most revolutionary initiatives, at the very beginning, the app faced harsh criticism from the government, which claimed that Bitcoin was not a reliable asset for investment and was more like a Ponzi scheme. Then, in order to restore Indians’ trust in the then-emerging cryptocurrency, the app team had to conduct an educational campaign. But they were strong, and in the end, it paid off.

ZebPay App: Interface & Functionality

Although one can discern the national flavor in the app’s interface, it is in English. (Incidentally, there are more English speakers among Indians than in the US.) Moreover, it’s smooth, uncluttered, and intuitive which makes it a versatile tool for both newbies and experienced traders.

As for the trading pairs, the app supports BTC-EUR, and the pairs nominated in EUR, BCH, XRP, EOS, LTC, and ETH.

The course is displayed on the app’s main screen, and users can also set notifications to be reported when the exchange rate reaches the set mark. For more convenience, you can also set up a widget to follow the rate dynamics on a smartphone’s screen.

What Can You Do in the ZebPay Account?

Using the app’s proprietary multi-currency digital wallet, users can trade, invest in the supported coins, and also utilize it as a regular mobile wallet.

Here are the available options in the ZebPay app:

• Buy and sell cryptocurrency. The minimal amount of a purchase or sale is 1000 rupees. A fee for each deal is 2%.
• Open deposits in the available coins.
• Transfer cryptocurrency from and to other ZebPay and external wallets.
• Pay for goods and services in various stores. This feature is really helpful since when paying with cryptocurrency, Amazon, Dominos, and other large retailers offer 10% discounts.
• Make one-time and current mobile payments, such as a mobile phone, TV, Internet, and more, using the ‘Mobile recharge’ tab.

To replenish the wallet, use a bank transfer from a personal bank account that has been checked for paying taxes.

How Safe Is It to Use the ZebPay App?

Although there’s no cryptocurrency regulation on a state level in India, however, the founders of the app managed to build all the processes to provide enhanced security and protection for its users:

• The app is mobile only. This is because when making transactions, it’s much harder to get access to a smartphone compared to a PC.
• PIN code required. To eliminate any attempts of transaction intersections, the app asks for a PIN code or a fingerprint to confirm each transaction. Moreover, you can block outgoing operations to prevent any suspicious activity.
• Assets are held in cold storages. What’s more, all fiat transfers made in your ZebPay account can be found in the history of transactions. It means that in case of any suspicious activity, it falls under the insurance law.
• Only Indians can use the app. If you are trying to log in from another country, you will be blocked by IP. This measure helps the system to ensure protection from potential hacker attacks (checked, they really temporarily block foreign users).

The latter one is possible due to the app using the KYC.

Is the ZebPay App Worth Using in 2024?

Despite the fact that the app has strong protection from fraudsters, there are various opinions on the quality of service by the team on the web. For example, it’s known that the crypto exchange shut down in 2020 and renewed activity in 2022. But there is a nuance: according to some customer reviews, they had BTC on their balance, whereas by the time the ZebPay exchange reopened, there was zero on their balance.

Moreover, users also complain that commissions are too high with the app sometimes cutting over 20% for one trade. So, before starting to register and trade in your ZebPay account, it’s recommended to check current users’ reviews yourself and start with a minimal amount.

ZebPay Account Registration & Verification

So, here’s how the registration procedure in the app looks like:

1. In the registration form, enter your phone number, first name, last name, and email address. Phone number and email address will be your unique identifier to access your ZebPay wallet.
2. After that, set a secure 4-digit PIN that will serve to confirm all transactions within your ZebPay account. Please do not share this secure code with anyone, whether it’s another ZebPayer or someone else. Then, agree to the ToS of the service.
3. Then, enter a verification code that was sent to both your mobile number and email address. After your credentials are verified, you will be asked to complete a ZebPay login by entering an OTP sent to your mobile number and then providing a PIN to login.

While bypassing registration requirements seems not that hard, verification can be more challenging in this case. The app will ask you to go through the KYC procedure that are available in two options: document-free and document based KYC process. For more detailed information, please check ZebPays’s instructions on its website.

As mentioned above, only Indians can complete a ZebPay login since the app requires geolocation when signing up. Though, you can try to register with a hidden geolocation or change it with a robust VPN. When it comes to a phone number, if you do not have an actual Indian number or do not want to share it with the app, consider purchasing a one-time virtual number instead.

How to Create ZebPay Account without a Phone Number?

Virtual phone numbers are a practical tool for receiving a confirmation code while avoiding getting intrusive spam calls and messages to your private phone number. But not only that. Due to no connection to certain geolocation and physical devices, they allow you to virtually register from any required location. This helps you mimic a citizen of another country if necessary and get access to services and apps that is not available from your country.

As for a working principle, they are able to receive an SMS just like conventional mobile numbers, but it comes to an online SMS verification platform that a virtual number is connected with.

One of the prominent providers in the field is SMS-Man that supports online registration in 2000+ global and local services with 190+ country codes to choose from.

Here’s how to complete a ZebPay login with a temporary virtual number from SMS-Man:

1. Register on sms-man.com via social media.
2. Replenish the balance by a VISA bank transfer or via payment services available.
3. Enter ‘Receive SMS’, choose the service (ZebPay) and then a required country. To purchase a number, click ‘Buy’.
4. Pick the number from the ‘History’ section below and apply it to the Indian exchange.
5. Then go back to your SMS-Man account and request for a confirmation code.
6. Utilize it to complete account verification.

A disposable number for your ZebPay account usage will last for 20 minutes. For a longer period or multiple registrations, consider renting a number.