Tapbit crypto exchange is an Ethereum-based digital asset exchange that allows users to buy, sell, and trade cryptocurrencies. It was founded in 2019 and it is based in the United States.
The exchange offers a wide variety of coins, including Bitcoin, Ethereum, Litecoin, and more. Tapbit cryptocurrency exchange is available on both desktop and mobile devices, making it accessible to a wide range of users.
The are no KYC requirements needed to use Tapbit. All you need to do is provide your email address and create a password. There are also no restrictions on who can use the exchange, making it accessible to anyone in the world. However, the security of the exchange is taken seriously, with features such as two-factor authentication and cold storage availability. The company is also insured against hacks and theft.
Tapbit's partnership with Xanpool and Matrixport gives it access to plenty of liquidity. Overall, Tapbit has quickly become a popular choice for both retail and institutional investors, due to its low fees, high leverage, and large liquidity pool.
There are Tapbit spot and derivatives markets, with margin availability and leverage of up to 100x. Besides, it supports both crypto-crypto and crypto-fiat trading.
The Tapbit crypto exchange offers a wide variety of assets to trade, with over 200 different Tapbit trading pairs available. As of writing this, the BTC/USDT trading pair has the highest Tapbit trade volume. Besides, in December 2022, the 24h Tapbit volume reached over $520 thousand.
The Tapbit spot market consists of on-demand market makers that provide users with great trading solutions. The transaction fees are also especially low on the Tapbit cryptocurrency exchange. Besides, the spot market is really easy to use.
Derivatives trading also has quite a lot of benefits on Tapbit. For starters, it offers lower slippage. Moreover, traders can easily open long or short two-way positions, as well as stop-loss orders with just one click. Additionally, there is a $40 million advance compensation fund set in store for traders.
Talking about Tapbit crypto fees, depositing coins is free on the exchange. However, there are withdrawal fees that differ based on coins. In terms of spot and derivative fees, both market makers and market takers have the same spot trading fee, which stands at 0.1%. Derivative trading fees, on the other hand, differ for makers and takers. The Tapbit exchange fees for derivatives stand at 0.02% for makers and 0.06% for takers.
Tapbit Exchange offers a number of services that are designed to make it easy for users to buy, sell, and trade Tapbit coins. In addition to providing a platform for trading, Tapbit also offers an NFT Marketplace, which allows users to create and trade their NFTs. Overall, the marketplace has three product lines.
Besides that, there's Tapbit Earn, which features various events that allow users to earn passive income, including flexible savings options.
Lastly, there's Tapbit Forex, which is a USDT pricing trading model. It allows users to deposit their Tether (USDT) tokens and engage in Forex trading. This implies that they can trade crypto and Forex CFDs with a single account and USDT as their base currency, without having to convert it to US dollars beforehand.
About the Company
Tapbit is a cryptocurrency exchange that was founded in 2021. Tapbit has been growing rapidly since its launch. The company has set multiple records for trading volume and has partnered with major companies such as Coinbase and Binance.
The identities of Tapbit founders are unknown. The company only reveals that its founding team has prior experience in the crypto and technology sectors.