Tapbit Review 2025

Tapbit, based in the US, is a cryptocurrency exchange that offers over 700 coins and tokens to traders in over 190 countries. This broker has a trading volume of over 20 billion dollars.

Tapbit copy trading has made trade copiers over 15 million dollars by copying 1,200+ master traders.

Tapbit Company Information and Regulation

Tapbit has quickly established itself as a reputable cryptocurrency exchange, boasting an impressive array of regulatory licenses that set it apart from many competitors.

The exchange secured its third global regulatory license, the Saint Vincent and the Grenadines Financial License (SVGFSA License), with registration number 2875LLC2023.

This adds to its existing US MSB & NFA licenses, further solidifying Tapbit's commitment to regulatory compliance and global expansion.

• SVGFSA License: A recognized cryptocurrency business license from an important offshore financial center;
• US MSB License: Allows for fiat currency business operations;
• NFA License: Provides general financial services authorization.

Tapbit CEO

Tapbit is led by CEO Lucas Galvão, who oversees the exchange’s growth with a focus on speed, transparency, and user security.

Under Galvão’s leadership, the company emphasizes reliable payouts, seamless trading experiences, and robust risk management.

Tapbit Exchange Table of Specifications

To give you a comprehensive overview of Tapbit's offerings, let's break down it's offerings:

Tapbit Exchange Pros and Cons

Let's weigh the advantages and disadvantages of using Tapbit Exchange:

Tapbit User Levels Features

Unlike many major exchanges, Tapbit doesn't offer tiered user levels. Therefore, high-volume traders can't enjoy lower transaction fee on their spot and derivatives trades.

Since Tapbit fees are already low, traders won't have to pay endure huge cost when trading cryptocurrencies in this platform. 

Fees and Commissions on Tapbit Exchange

Understanding the fee structure is crucial when choosing a cryptocurrency exchange. Tapbit offers competitive fees across its various trading products:

It's worth mentioning that Tapbit has low withdrawal fees, which is great for transferring funds to a secure wallet.

Coins and Assets Available on Tapbit Exchange

Tapbit Exchange provides a diverse range of cryptocurrencies and trading pairs, catering to various investor preferences. Here's an overview of the assets offered:

• Major Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL)
• Stablecoins: USDT, USDC
• Altcoins: Doge coin (Doge), Tron (TRX), Arbitrum (ARB), Alt layer (ALT)

Key Points:

• Total Cryptocurrencies: Over 700 coins available for trading;
• New Listings: Regular addition of new, promising projects;
• Futures Contracts: Available for major cryptocurrencies.

Tapbit's extensive asset offering allows traders to diversify their portfolios and capitalize on various market opportunities.

The inclusion of both established cryptocurrencies and newer, innovative projects provides options for different trading strategies and risk appetites.

Futures and Margin Trading on Tapbit Exchange

Tapbit Exchange offers robust futures and margin trading options, allowing traders to amplify their potential profits (and risks) through leveraged positions.

USDT Perpetual Contracts:

• No expiration date
• Tracks underlying asset price closely
• Leverage up to 100x

Margin Trading:

• Available for spot trading;
• Borrow funds to increase position size;
• Varying leverage options based on the asset.

Tapbit has risk management tools like stop-loss and take-profit orders and real-time position monitoring to help traders minimize losses.

The funding rate mechanism, with periodic payments between long and short positions, ensures the contract price stays close to the spot price.

Traders can employ various strategies, such as taking long positions in uptrends, shorting in downtrends, or hedging to protect their portfolio.

Sing-up and Verification on Tapbit Exchange

Getting started on Tapbit Exchange is a straightforward process, which we will go through in 3 separate phases in this section.

#1 Access the Website or App

At first, visit the Tapbit website or download the mobile app via the App Store or Play Store.

Find the "Register" button and click/tap on it.

#2 The Form

Enter your email address or phone number in the registration form to register with Tapbit.

#3 Email Confirmation

Check your email and find the 6-digit code that Tapbit has sent you.

Now enter the code in the correct field, set a password, and finally click on “Register”.

#4 Verification Process

To complete the Tapbit verification process, follow these steps:

1. Click on the profile icon in the top right corner and choose "ID Verification";

1. Enter your personal details;
   

   

2. Upload your ID images (ID card, passport, or driver's license);

1. Upload a selfie of you holding both your ID and verification date written on a piece of paper.

It's worth mentioning that the KYC process isn't mandatory.

How to Trade on Tapbit?

Trading on Tapbit is simple and user-friendly. Before you begin trading, ensure that you have enough funds in your account. Once that’s done, follow these steps:

#1 Enter the Trading Page

Simply select “Spot” on the homepage of the exchange.

#2 Select the Trading Pair

Click on the current trading pair on the left side of the screen to view the trading pairs. Pick the one you wish to trade from the search box.

#3 Chooseپس the Order Type

Click on your preferred order type on the right side of the page. Tapbit only offers limit and market orders.

#4 Specify the Order Volume

Enter the quantity of cryptocurrency you wish to buy or sell in the quantity bar located below the order types.

#5 Confirm the Trade

Finally, review your order details carefully, then click the “Buy” or “Sell” button to execute your trade.

Tapbit Exchange Platforms and Applications

Tapbit Exchange provides its own trading platform and applications to cater to different user preferences and needs.

Web Trading Platform

Traders can access this platform from their computer or phone using various browsers. Tapbit platform key features:

• Accessible through any modern web browser
• Full feature set for spot and futures trading
• Advanced charting tools and order types
• User-friendly interface suitable for beginners and professionals

Mobile App

For traders who want to have access to their trading account wherever they go, Tapbit offers an excellent mobile app. Key features of Tapbit mobile app include:

• Available for both iOS and Android devices;
• Offers most features of the web platform;
• Push notifications for price alerts and order executions;
• Biometric login options for enhanced security.

These platform options ensure that traders can access Tapbit's services in a way that best suits their trading style and preferences.

Tapbit Trading Volume

According to Tapbit CoinGecko, the exchange saw fluctuating trading volumes over the past three months, peaking at nearly $7 B in mid-August.

Despite short dips to near zero in early June and mid-August, the exchange consistently handled multi-billion-dollar daily trades, demonstrating its capacity to support high liquidity and active market participation.

Tapbit Services

The table below will help you check the availability of trading services on the Tapbit exchange:

Tapbit Exchange Security Measures

Security is paramount in the cryptocurrency world, and Tapbit Exchange has implemented robust measures to protect user assets and data:

• Cold Storage: Majority of user funds stored in offline, multi-signature wallets, which reduces the risk of hacking and unauthorized access;
• Two-Factor Authentication (2FA): Mandatory for all withdrawals and critical account changes;
• SSL Encryption: High-level SSL encryption for all data transmissions;
• $40 Million Insurance Fund: Dedicated to cover potential losses from security breaches;
• Compliance with Regulatory Standards: Adheres to AML and KYC regulations, which helps prevent fraud and illicit activities on the platform.

Notably, the platform has never experienced a significant security breach.

These comprehensive security measures demonstrate Tapbit's commitment to safeguarding user assets and maintaining a secure trading environment.

Tapbit Security Rankings

The security was evaluated by Tapbit CertiK Skynet, which gave the platform an overall scoreof 59.34/100 (CCC).

Looking at the breakdown, Tapbit scored 59.63 in Fundamental, 62.2 in Operational, 50.00 in Listing Security, 50.00 in Market, 64.48 in Community, and 83.44 in Cybersecurity.

These scores indicate that while Tapbit performs relatively well in cybersecurity, other areas such as market and listing security have significant room for improvement.

Tapbit CER.live also assessed the exchange, giving it an overall score of 55% (CCC).

The evaluation highlighted Server Security at 96/100, User Security at 100/100, Penetration Tests at 0/100, and a Bug Bounty score of 100/100, while noting that Tapbit does not hold ISO 27001 or CCSS certifications.

The platform does, however, provide funds insurance. These results suggest strong user and server protections, but indicate gaps in formal certifications and penetration testing coverage.

Tapbit Exchange Payment Methods

Tapbit Exchange offers 2 main payment methods to accommodate users from different regions and with different preferences:

• Cryptocurrency Deposits: BTC, ETH (ERC20), TRX (TRC20), and more
• Credit/Debit Cards: Visa and Mastercard

Tapbit Exchange Trust Scores

Trust is crucial in the cryptocurrency exchange landscape, and Tapbit has been working diligently to build a positive reputation.

Here's an overview of Tapbit's trust scores and evaluations including Tapbit Trustpilot:

Traders' reviews have generally been positive regarding Tapbit services.

Tapbit Features Overview

At a glance, the exchange provides access to these additional services:

Tapbit bonus

Tapbit exchange offers an exciting bonus for new users. Here are the details:

Welcome Bonus via Referral Code

New users who sign up using the referral code “SIGNUP88” can unlock up to 320 USDT in bonuses:

• Complete KYC: 10 USDT
• First deposit: 50 USDT
• First trade: 30 USDT
• Trading volume milestones: up to 230 USDT

Bonuses are credited automatically as each milestone is completed and can be tracked in the user’s Tapbit dashboard.

Tapbit Exchange Support

Tapbit Exchange provides comprehensive customer support to address user queries and concerns:

• Live chat: available 24/7
• Email support: support@tapbit.com

Traders can contact Tapbit support through these channels to get proper help on their issues.

Tapbit Copy Trading Services and Investment Options

One of the major benefits of trading in Tapbit is the simple copy trading feature, which allows traders to analyze successful traders and copy their traders.

This helps beginners save time and learn while gaining profits from the traders of professional traders.

Tapbit earn is another earning opportunity for crypto traders, which allows them to stake their coins for a specific amount of time and gain profits on their assets.

Here are some of the available coins and their APY for Flexible or Fixed staking in Tapbit:

Tapbit Exchange Restricted Countries List

Although Tapbit services are available in many countries, some regions and locations are forbidden from trading in this platform, including:

• Cuba
• China
• Hong Kong
• Japan

Tapbit in Comparison with Other Exchanges

Here is a table comparing the discussed exchange in this article with worthy competitors in the industry:

TF Expert Suggestion

Tapbit’s low transaction fees for spot (maker 0.1%, taker 0.1%) and futures (maker 0.02%, taker 0.06%) allow traders focus only on gaining profit by trading 700+ assets.

However, limited staking options (BTC, ETH, GMT, USDC, and USDT) and low maximum returns ranging from 4% to 20% mean that this exchange has a huge room for improvement.