Tapbit
Abstract：Tapbit, based in China, stands out in the cryptocurrency exchange landscape for its user-centric design and operational approach. With trading fees set at a competitive 0.1% for both makers and takers and minimal withdrawal fees, it caters to a broad audience of crypto traders. The platform eschews KYC requirements, thereby simplifying the account setup process and ensuring user privacy. Tapbit's intuitive user interface, extensive cryptocurrency selection, and robust security measures, including secure multi-signature wallets, promise a seamless and secure trading experience. Accessibility is further enhanced through a mobile app that brings trading capabilities to users' fingertips. Despite its compelling offerings, Tapbit's lack of regulatory oversight in China could be a point of consideration for potential users. Customer support is comprehensive, with channels ranging from email to social media platforms, ensuring that users have multiple avenues for assistance.
| Tapbit Review Summary | |
| Founded | 2021 |
| Registered Country/Region | China |
| Regulation | No regulation |
| Market Instruments | Derivatives，Cryptos |
| Demo Account | / |
| Leverage | / |
| Spread | / |
| Trading Platform | Mobile app |
| Minimum Deposit | / |
| Customer Support | 24/7 customer support |
| Live chat | |
| Telegram, instagram, X, medium，facebook， YouTube，linkedin，reddit | |
| Email: support@tapbit.com | |
Tapbit Information
Tapbit was founded in 2021, is registered in China, and is currently unregulated, offers Derivatives, Cryptos trading.
Pros and Cons
| Pros | Cons |
| Support mobile app | No regulation |
| Lack of instruments | |
| Demo account unavailable | |
| MT4/MT5 unavailable | |
| Lack of spread information |
Is Tapbit Legit?
No. Tapbit is no regulation. Please be aware of the risk!
What Can I Trade on Tapbit?
Tapbit provides derivatives and cryptos.
| Tradable Instruments | Supported |
| Cryptocurrencies | ✔ |
| Derivatives | ✔ |
| Forex | ❌ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Mobile app | ✔ | / | Beginners and casual traders looking for simplicity and speed |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Deposit is free on Tapbit, to learn the specific fee rate of each coin, check out the table below:
Here is the organized table for cryptocurrency withdrawal details:
| Coin | Main Chain | Min Withdrawal | Withdrawal Fee |
| 1INCH | ETH | 11.3 | 5.66 |
| AAVE | ETH | 0.074 | 0.037 |
| ACH | ETH | 586 | 293 |
| ADA | ADA | 1.6 | 0.8 |
| AERGO | ETH | 46 | 23 |
| AGLD | ETH | 20 | 10 |
| AKRO | ETH | 1968 | 984 |
| ALICE | BSC | 0.108 | 0.054 |
| ALICE | ETH | 4.28 | 2.14 |
| ALPACA | BSC | 0.58 | 0.29 |
| ALPINE | BSC | 0.058 | 0.029 |
| ANKR | BSC | 5.78 | 2.89 |
| ANKR | ETH | 226 | 113 |
| ANT | ETH | 4.1 | 2.05 |
| APE | ETH | 1.4 | 0.7 |
| APT | APT | 1 | 0.5 |
| ATA | BSC | 1.08 | 0.54 |
| ATA | ETH | 42 | 21 |
| AUDIO | ETH | 34 | 17 |
| AUTO | BSC | 0.00072 | 0.00036 |
| AVAX | AVAXC | 0.016 | 0.008 |
| AVAX | AVAXX | 0.02 | 0.01 |
| AXS | ETH | 0.74 | 0.37 |
| BAKE | BSC | 0.74 | 0.37 |
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