Tapbit

User Friendly
 

Bank transfer deposits

Bank card deposits

No fiat withdrawals

Mobile App

Beginner friendly features: 3

Ease of buying and trading: 4

Interface and user experience: 3

Education and learning: 2

Customer support: 3

Features
 

Spot trading

Futures trading

Advanced trading options: 4

Staking and savings: 2

Airdrops and launchpools: ×

Additional financial services: 2

Other products and services: 3

Fees
 
  • Spot Maker Fee: 0.1%
  • Spot Taker Fee: 0.1%
  • Futures Maker Fee: 0.02%
  • Futures Taker Fee: 0.06%

Additional $5,000 signup bonus when using our referral signup link.

Safety
 

 Exchange launched in 2022

Proof of Reserves

Regulatory compliance: 1

Reputation and reliability: 3

Asset safety and trust: 3

User account security: 2

Volume & Altcoins
 

 Number of altcoin pairs: 350

 Last 24h trade volume (in BTC): 18,614

Features Score: 47 / 100
2.6
Total Rating: Average
Toggle feature descriptions
Beginner friendly buying
3
Beginner features such as fiat deposits, quick convert, recurring buys, demo trading.
Ease of buying and trading
4
How easy was it to deposit, convert fiat to crypto, and execute trades on spot market.
Interface and user experience
3
Usability, design and intuitivness of the interface and light and dark color schemes.
Advanced trading options
4
Derivatives, options, stocks, margin, trading bots and other advanced trading features.
Staking and savings
2
Number of available staking assets and overall yields.
Airdrops & Launchpools
0
Frequency, value and ease of joining various airdrops and launch events.
Extra financial services
2
Crypto debit cards, fiat withdrawals, loans, P2P marketplace.
Trading fees
3
Competitiveness of trading fees compared to other exchanges, including discounted rates with our referral bonuses.
Volume and liquidity
3
Overall volume, liquidity and spreads on spot and derivatives markets.
Altcoins selection
2
Amount and quality of listed altcoin trading pairs.
Regulatory compliance
1
Approvals, certificates and compliance with various agencies and institutions.
Reputation and reliability
3
Overall reputation of the exchange, user feedback and reviews, social media sentiment, trust and transparency.
Asset safety and trust
3
Use of cold wallet storage and multi-signature, user protection funds, proof of reserves, security audits, and other safety and insurance measures.
Account security
2
Availability of various account security features such as 2FA, anti-phishing codes, hardware keys, withdrawal or trading passwords.
Other products & services
3
NFT marketplaces, copytrading, subaccounts, gift cards, trading competitions and other features.
Mobile App
3
Usability, update freqency, platforms, design and ease of trading via the mobile app.
Decentralized Wallet
0
Decentralized self-custody wallet usability, operating systems, number of assets and blockchain networks supported, DeFi options and more.
Education and learning
2
Learning and news resources on the website, including instructional videos, articles, knowledge bases, FAQs and help center.
Customer support
3
Responsiveness and availability of customer support through different channels such as email, live chat, social media, and others.
Referral and signup bonuses
1
Benefits obtained through the use of our referral codes, including discounted fees, cash bonuses and other rewards.
CoinMarketCap Rating: 5.5/10
CoinGecko TrustScore: 6/10

Quick info:

Launched in: 2022
Based in: United States
Trust Score: 6/10 (Ranked #78)
Coins listed: 350+
Trading volume: 18,614

Features overview:

  • Deposits: Cryptocurrency Bank cardsBank transfers
  • Beginner trading: Spot tradingDemo tradingMobile appCopytrading
  • Advanced trading: MarginFutures & leverageOptionsTraditional marketsTrading bots
  • Financial services: Fiat withdrawalsDebit spending cardsCrypto loansP2P tradingStaking & Earn
  • Other features: Optional KYCSignup bonuses

Restricted countries

Tapbit is not available in these 7 countries:

Antigua & Barbuda, China, Cuba, Hong Kong, India, Japan, North Korea.

Tapbit does not enforce KYC (know-your-customer) policies on accounts, therefore VPN use in unsupported countries is possible.

Available countries

Tapbit is available in 229 countries and territories.

Trading fees

  • Spot: 0.1% maker and taker
  • Derivatives: 0.02% maker, 0.06% taker

Signup bonuses

For added benefits on Tapbit use the following code during signup:

MNMKGSK

Signup bonuses amount: $5,000.

Referral, signup or invitation code must be used during signup/registration process. These codes are also automatically added to exchange signup links on our site.

There are never any downsides to using referral codes. Benefits can include fee discounts, deposit bonuses, cash rewards, access to exclusive events or trading competitions, or other advantages.

The referral codes allow exchanges to properly attribute users and distribute rewards, bonuses or fee discounts based on disclosed affiliate relationships. No personal data is ever shared with us.

Pros

  • Has forex trading with up to 200x leverage (currently only USD/EUR).
  • New users can claim over $5,000 in bonuses.
  • Has card and SEPA deposits through 3rd parties, including Google Pay, Apple Pay, and Revolut.

Cons

  • Has very few assets for staking.
  • No bank transfer withdrawals.
  • No dark theme for account backend, only for trading.

About Tapbit

Tapbit entered the market in 2021 with a mission to deliver secure and stable trading services for mainstream crypto assets. Boasting a comprehensive range of offerings, including BTC, ETH, SOL, DOT, and USDC, Tapbit caters to a global audience of investors seeking a reliable and innovative platform.

The accolades earned by Tapbit further underscore its commitment to excellence. The platform proudly holds the MSB fiat currency business license from the US federal government and the MTL financial license from 10 states. Exchange also holds a National Futures Association (NFA) general financial license, Canada MSB license, and Saint Vincent Financial Services Authority (SVGFSA) license.

To ensure the safety of users’ assets, Tapbit safeguards them with a substantial $40 million insurance fund, alongside a regularly published proof of reserves reports.

Technological Advancements:

Tapbit distinguishes itself with industry-leading technology, featuring a core aggregation engine that stands as the most advanced of its kind in the market. This engine showcases fault tolerance and extreme processing speed, addressing challenges stemming from instantaneous, high transaction volumes and settlements. The platform employs banking-grade SSL encryption, multiple signatures, and Hot & Cold wallet separation technologies to fortify the security of user assets.

Tapbit stands out as one of the safest and most reliable cryptocurrency service platforms, thanks to cutting-edge technologies and pioneering algorithms. Global investors can engage with confidence, free from concerns about potential risks associated with the crypto space.

Core Features:

  1. Ultimate User Experience: Tapbit prioritizes an unparalleled user experience, ensuring seamless interactions on the platform.
  2. Intelligent Aggregation System: The platform’s advanced aggregation system enhances efficiency and effectiveness in trading.
  3. Millisecond Trading: With millisecond trading capabilities, Tapbit facilitates swift and responsive transactions.
  4. 24/7 Customer Service: Investors benefit from round-the-clock customer service with a remarkable 5-minute response time.
  5. Security Measures: Multi-signature wallets, Hot & Cold wallet separation, and a professional-grade firewall architecture contribute to robust security.
  6. Risk Control System: Tapbit employs a perfect risk control system, minimizing potential threats to user assets.
  7. Insurance Fund: A substantial insurance fund assures users of full compensation for losses caused by platform accidents.

Company Profile:

Founded on December 26, 2022, Tapbit LLC stands as the world’s first company to establish a risk insurance fund exceeding $20 million, dedicated to safeguarding the rights and capital of its investors. The company is unwavering in its commitment to providing secure and stable trading services for leading crypto assets globally.

Tapbit’s vision revolves around delivering the most convenient, efficient, secure, and fairest trading services for cryptocurrency assets on a global scale. The platform is dedicated to advancing the industry by adhering to its core values of security, innovation, and user-centricity.

In summary, Tapbit emerges as a frontrunner in the cryptocurrency exchange landscape, leveraging cutting-edge technology to redefine the trading experience. With a focus on security, innovation, and user satisfaction, Tapbit stands as a beacon for global investors looking to invest in digital assets.

Features Score: 47 / 100
2.6
Total Rating: Average