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We keep increasing the sell price till we have sellers. And we keep the buy prices very high to discourage buyers. If we don’t do this, we will have no stock left to sell.

So, is Zebpay a pure Broker and not a Dealer of Bitcoin ?

If you intend to be a Broker, please add standard features of trading platforms to your app e.g. advanced charts, open order/trade books, % or flat brokerage etc. e.g

If on the other hand, you want to be a Dealer, please use your reach and resources to buy Bitcoins at best available prices from any of the international exchanges and sell them with reasonable markup to your Indian customers.

Also, watch out for competition who could undercut your pricing and/or disrupt your business model.

You’ve got a good app and service with huge early mover advantage. Enjoy the ride while the hype and monopoly lasts :)

All the best !

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