Tapbit Review (2024): Overview, Features & Is It Safe?

About Tapbit

Tapbit totally guards users' assets safety. In this regard, we have a USD 50 Million insurance fund to cover losses caused by Tapbit.

Tapbit fully meets all compliance policies and has a policy of continuous improvement.

Tapbit platform overview with charts and data

$50,000,000

Insurance Fund to Protect User Assets

An Overview of Tapbit Products

Spot Trading

  • Simple deposit and withdrawal services.
  • Ultra-low transaction fees.
  • High-quality trading depth from sophisticated market makers.
  • Over 100+ high-quality currencies to trade.

Fiat & P2P

Buy crypto easily using fiat currency. We support major payment providers including Mastercard, VISA, Diners Club, and JCB.

Credit Card Logos for Fiat On-Ramp

Derivatives Trading

  • Reasonably marked prices to prevent sharp, unfair liquidations.
  • One-click take-profit and stop-loss orders.
  • Backed by a $50 Million user protection fund.
  • Excellent market depth for minimal slippage.

EARN

Grow your crypto holdings with our suite of "EARN" products. We offer flexible and fixed-term staking and savings options with competitive yields.

Tapbit Q&A: Review, Features, and Overview

What is Tapbit? A General Overview

This Tapbit overview highlights it as a comprehensive cryptocurrency exchange designed for both new and experienced traders. It provides a secure and user-friendly platform for buying, selling, and trading a wide variety of digital assets. The exchange focuses on robust security, high performance, and a diverse range of trading products, including Spot and Derivatives.

Is Tapbit a Safe Exchange? A Security Review

Our Tapbit review finds that security is a top priority. Key safety features include a $50 million insurance fund to protect user assets against platform-related losses. Tapbit also adheres to strict compliance policies and employs advanced security measures like cold storage for the majority of user funds, two-factor authentication (2FA), and regular security audits, making it a trustworthy platform.

What are the main Tapbit features?

The core Tapbit features are designed to cater to a broad audience. They include:

  • Spot Trading: Access to over 100 cryptocurrencies with low fees and high liquidity.
  • Derivatives Trading: Trade perpetual futures with up to 100x leverage, featuring advanced order types and risk management tools.
  • Fiat On-Ramp: Easily purchase crypto using credit cards (VISA, Mastercard) and other payment methods.
  • EARN Program: Stake or save your crypto assets to earn passive income with competitive interest rates.
  • Tapbit Labs: An investment arm that supports innovative Web3, Metaverse, and GameFi projects.
  • 24/7 Customer Support: Dedicated support to assist users with any issues.

What makes Tapbit's derivatives trading a standout feature?

One of the most notable Tapbit features is its derivatives platform. It stands out due to its use of a reasonably marked price, which helps protect traders from "pins" or unfair liquidations caused by sudden, isolated price wicks. Combined with deep liquidity to minimize slippage and one-click profit/loss settings, it provides a powerful yet user-friendly environment for futures traders.