Bitcoin exchange app Zebpay earmarks 500,000 downloads

BENGALURU: Zebpay, homegrown app-based bitcoin exchange, has announced achieving 500,000 downloads on Android Play Store. The present milestone highlights growing acceptance of Bitcoins as one of the most popular emerging asset class.

With over 500,000 downloads, Zebpay records to be India’s largest Bitcoin exchange and the exchange says it is adding more than 2500 users every day.

Commenting on this milestone, Sandeep Goenka, Co-founder and Chief Operating Officer, Zebpay said, “India is at the cusp of new financial revolution as India customers are opening up to non-traditional investments measures. While this is steady and a promising start, we expect the bitcoin trend to roar further. We aim to achieve 1 million download by the end of September 2017.”

Goenka believes that Zebpay is all set to become the market leader in bitcoin and blockchain technology in India. The company, according to him, has a clear vision of bringing new solutions in the financial ecosystem. The company aims to take their emerging technology to the masses. Zebpay has raised $1 million as seed funding in January 2016.