Indian cryptocurrency exchange Zebpay has announced the addition of a new feature on its platform. Now users can add nominee on his/her Zebpay exchange account.
Many users and crypto influencers has repeatly asked Indian Exchange to add Nominee feature to its platform. The addition of Nominee feature on Zebay is a big step toward consumer interest. By adding nominee to you Zebpay account, you are making it sure that the custody of your fiat and crypto stored on Zebpay is given to your nominee in a unfortunate case of your death. Funds will be transferred to nominee after verification of nominee and verification of the fact of passing of the customer. All applicable laws will be followed. User can appoint any of his/her trusted person as nominee, whether or not the proposed nominee is a family member.
How To Add Nominee To Your Zebpay Account
You can add Nominee to your Zebpay account by simply sending a email to Zebpay at firstname.lastname@example.org with below details
- Nominee’s First Name and Last Name
- Relationship with Customer
- Nominee Address
- Nominee’s Mobile Number
- Date of Birth of Nominee
- Nominee PAN number
Can Nominee Be Changed
Use can change his/her nominee simply by sending a new email to Zebpay with details of new nominee. Do doing so users current nominee will be replaced by the new one.
This is a very good step taken by Zebpay in safeguarding the interest of indian crypto users. Recently in a AMA with Coin Crunch India, Nischal Shetty, founder of WazirX also told that their team is looking forward to add nominee feature on their platform in near future.
Zebpay is a Indian cryptocurrency exchange founded in 2015. It was one of the the most popular cryptocurrency exchange in India back then. But after RBI banking ban on cryptocurrency, Zebpay shutdown its operations in India. Recently they announced their relaunch in Indian market and are now fully functional in India.