Zebpay shows only current month balance

@vishwanthS there has been a lot of discussion on some of this over at Information for users connected to ZebPay that you may want to read through.

I am going to summarize some points that you should have noticed if you read through all the terms and information available at ZebPay.

  1. If you have any balance in ZebPay itself and don’t have any transactions made, they will charge you membership fees. You can see their whole long article explaining it at https://help.zebpay.com/support/solutions/articles/44001941277-membership-fee-faqs

decided to institute a monthly wallet fee of 0.0001 BTC + GST (18%) (or its equivalent in any other cryptocurrency or INR). This wallet fee covers a fraction of our total maintenance cost. ZebPay will continue to pay for the rest.

  1. If you try to send your BAT from ZebPay to another crypto wallet, they will charge you 88 BAT. You can see this at https://zebpay.com/features/pricing

What has been decided is those using ZebPay should not sweep BAT or any cryptocurrency into their ZebPay account unless they plan on doing monthly transactions or will immediately withdraw the balance into their bank.

I mention the bank as ZebPay claims there are no fiat withdrawal fees. From what I’ve heard from others, they aren’t charged when doing this. But I say it with a grain of salt as the link I provided about pricing shows the 88 BAT or so crypto withdrawal fee for BAT. So I’m not sure if the limit is just the idea of whether you’re withdrawing in fiat or what?

Regardless, if you leave your ZebPay account with no balance, they don’t charge you. So many are letting their BAT balance accrue and then only sweep it into ZebPay when they are ready to withdraw it to their bank account.

And before you say anything about how the fees are high and they should make other options available, that’s already the goal. You may want to check out my post and the links I provide over at PSA: Current and upcoming changes to Rewards and Creators