Is it safe to keep Bitcoin in ZebPay?
Zebpay is totally safe and legal to deposit & withdraw Rupees and do bitcoin trading. Zebpay has been in the crypto exchange business since 2014 but had to close Indian operations following the ban imposed by the RBI.
Can my Bitcoins be stolen?
Bitcoin is a decentralized digital currency that uses cryptography to secure transactions. Bitcoin transactions are recorded in a digital ledger called a blockchain. Hackers can steal bitcoins by gaining access to bitcoin owners’ digital wallets.
Is ZebPay safe for trading?
ZebPay goes to great lengths to ensure that you have a secure trading experience with us. In fact anyone who has opened an account with us is testimony to our compliance standards. Highest levels of security & legal compliance is a given with ZebPay.
Can you lose everything in Bitcoin?
Once a hacker has access to your Bitcoin wallet, he or she can drain you of all your cryptocurrency, just like someone who has your debit card can take all of your cash. However, if you lose your crypto to a hacker, no bank is going to replace it for you.
Is ZebPay hacked?
“ZebPay is constantly under attack. According to sources, all big exchanges have experienced at least two to three large attacks in the previous month, and many investors have lost their crypto holdings when their wallets were hacked into.
Is ZebPay still working in India?
Zebpay, a cryptocurrency exchange company that claims to provide a unique exchange platform for its users, shut down its operations in India in 2018. …read more.
What happens if I lose my Bitcoin?
When a user loses his Bitcoin wallet, it has the effect of removing money out of circulation. Lost Bitcoin are still on the Bitcoin blockchain like any other Bitcoin. However, they will remain inaccessible forever because there is no way for anyone to find the private key that would allow them to be spent again.
Can Bitcoin transactions be traced?
All Bitcoin transactions are public, traceable, and permanently stored in the Bitcoin network. Anyone can see the balance and all transactions of any address. Since users usually have to reveal their identity in order to receive services or goods, Bitcoin addresses cannot remain fully anonymous.
Do you lose money if Bitcoin goes down?
Can you lose more money than you invest in Bitcoin? Assuming that you’re not using any leverage – no, you will never lose more money than you invest in Bitcoin. The worst case scenario is that BTC goes down to $0, which means that if you bought $10,000 worth of BTC, your $10,000 would be worth $0.