Tapbit Exchange Review: A Deep Dive into its Features, Pros and Cons

Tapbit Exchange is a relatively new cryptocurrency exchange that was launched in 2021. Despite being a new player in the market, the exchange has quickly gained popularity due to its user-friendly platform, low fees, and wide range of cryptocurrencies available for trading. In this Tapbit Exchange Review, we will take an in-depth look at Tapbit’s strengths and weaknesses, its various features, fees, security, methods and other useful information.

1. Overview – Tapbit Exchange Review

Tapbit Exchange is a relatively new cryptocurrency exchange that was launched in 2021. The exchange is headquartered in London, UK, and is designed to provide a user-friendly platform for trading cryptocurrencies. One of the main attractions of Tapbit Exchange is its low fees, which make it an attractive option for traders who want to minimize their trading costs.

Tapbit Exchange supports over 100 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and many others. The exchange also supports trading pairs between various cryptocurrencies, allowing users to trade one cryptocurrency for another. In addition, users can easily buy and sell cryptocurrencies on the platform using fiat currencies such as USD, EUR, and GBP.

The platform is designed to be user-friendly, with an intuitive interface that makes it easy for users to find the information they need to make informed trading decisions. The exchange also provides users with a range of tools and resources to help them analyze market trends and make better trading decisions.

Security is a top priority at Tapbit Exchange. The exchange uses a range of security measures to protect user funds and personal information. These include SSL encryption, two-factor authentication, and offline cold storage for the majority of funds. The exchange also has a dedicated security team that monitors the platform 24/7 to ensure that all security protocols are in place and being followed.

Tapbit Exchange has some of the lowest fees in the industry, making it an attractive option for traders who want to minimize their trading costs. The exchange charges a flat fee of 0.1% for all trades, regardless of the size of the trade. There are no deposit or withdrawal fees, and the exchange also offers competitive exchange rates for fiat currency transactions.

2. Service and Features – Tapbit Exchange Review

Tapbit Exchange offers a range of features that are designed to make trading cryptocurrencies easy and convenient. Here are some of the key features offered by the exchange.

2.1. User-friendly interface – Tapbit Exchange Review

Tapbit Exchange has a clean and modern interface that is easy to navigate. The dashboard provides a quick overview of your portfolio, recent transactions, and market trends. The trading screen is equally straightforward, with buy and sell orders easily accessible and a chart displaying the price history of the selected cryptocurrency.

2.2. Mobile app – Tapbit Exchange Review

Tapbit Exchange has a mobile app that is available for both iOS and Android devices. The app offers the same functionality as the desktop platform, including the ability to buy, sell, and trade cryptocurrencies on the go. The app also includes push notifications for price alerts and order updates, making it easy to keep track of your investments.

2.3. Wide range of supported cryptocurrencies – Tapbit Exchange Review

Tapbit Exchange supports over 100 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and many more. This makes Tapbit Exchange a great choice for investors who want access to a diverse range of assets.

2.4. Low fees – Tapbit Exchange Review

Tapbit Exchange‘s fees are among the lowest in the industry, with a flat fee of 0.1% for all trades. This is significantly lower than many other exchanges, which can charge up to 1% or more per transaction. Additionally, Tapbit Exchange does not charge any deposit or withdrawal fees, making it easy to move funds in and out of the exchange.

2.5. Security measures – Tapbit Exchange Review

Security is a top priority for Tapbit Exchange, and the exchange has implemented a range of measures to protect user funds and data. These include two-factor authentication (2FA) for all user accounts, SSL encryption to protect user data during transmission, cold storage for the majority of user funds, and regular security audits to identify and address potential vulnerabilities.

2.6. Customer support – Tapbit Exchange Review

Tapbit Exchange offers 24/7 customer support through a variety of channels, including email, live chat, and phone. The support team is responsive and knowledgeable, and is able to assist with a wide range of issues, from account setup to troubleshooting technical problems.

2.7. Advanced trading features – Tapbit Exchange Review

Tapbit Exchange offers a range of advanced trading features, including margin trading and limit orders. These features allow experienced traders to take advantage of market trends and make more complex trades.

3. Pros and cons – Tapbit Exchange Review

Like any cryptocurrency exchange, Tapbit Exchange has its advantages and disadvantages. Here are some of the main pros and cons of using Tapbit Exchange.

3.1. Pros – Tapbit Exchange Review

• Low fees: Tapbit Exchange has some of the lowest fees in the industry, with a flat fee of 0.1% for all trades. This makes it an attractive option for traders who want to minimize their trading costs.
• Wide range of cryptocurrencies: Tapbit Exchange supports over 100 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others. This makes it easy for traders to access a diverse range of assets.
• User-friendly interface: The exchange has a clean and modern interface that is easy to navigate, making it accessible to traders of all levels.
• Mobile app: Tapbit Exchange has a mobile app that is available for both iOS and Android devices, making it easy to trade cryptocurrencies on the go.
• Strong security measures: The exchange takes security seriously, with SSL encryption, two-factor authentication, and offline cold storage for the majority of funds.
• Customer support: Tapbit Exchange offers 24/7 customer support through a variety of channels, including email, live chat, and phone.

3.2. Cons – Tapbit Exchange Review

• Limited payment options: Tapbit Exchange currently only supports a few payment options, including bank transfers and credit/debit cards. This may be a disadvantage for users who prefer to use other payment methods, such as PayPal or cryptocurrencies.
• Limited trading pairs: While Tapbit Exchange does support a wide range of cryptocurrencies, the trading pairs are limited in comparison to some other exchanges. This may be a disadvantage for traders who want to make more complex trades.
• New exchange: Tapbit Exchange is a relatively new exchange, having only launched in 2021. As a result, it may not have the same level of reputation and trust as more established exchanges.

4. Deposits and Withdrawals – Tapbit Exchange Review

Tapbit Exchange offers a range of deposit and withdrawal methods to make it easy for users to move funds in and out of the exchange. Here are some of the deposit and withdrawal options available on Tapbit Exchange.

4.1. Deposits

• Bank transfer: Users can deposit funds into their Tapbit Exchange account using a bank transfer. The exchange supports deposits in USD, EUR, and GBP.
• Credit/debit card: Users can also fund their Tapbit Exchange account using a credit or debit card. The exchange supports Visa and Mastercard.
• Cryptocurrency: Users can deposit cryptocurrencies into their Tapbit Exchange account by sending the coins to the exchange’s deposit address.

4.2. Withdrawals

• Bank transfer: Users can withdraw funds from their Tapbit Exchange account to their bank account. The exchange supports withdrawals in USD, EUR, and GBP.
• Cryptocurrency: Users can withdraw cryptocurrencies from their Tapbit Exchange account by sending the coins to their external wallet address.

It’s important to note that Tapbit Exchange does not charge any deposit or withdrawal fees. However, users should be aware that their bank or card issuer may charge fees for these transactions.

The time it takes for deposits and withdrawals to be processed can vary depending on the payment method used. Bank transfers can take several business days to clear, while credit/debit card deposits are usually processed instantly. Withdrawals in cryptocurrency are usually processed within a few hours, while bank transfers can take several business days to arrive in the user’s bank account.

5. Available Cryptocurrencies – Tapbit Exchange Review

Tapbit Exchange supports a wide range of cryptocurrencies, including many of the most popular and well-known coins. Here are some of the cryptocurrencies that are available for trading on Tapbit Exchange:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Ripple (XRP)
• Bitcoin Cash (BCH)
• Cardano (ADA)
• Polkadot (DOT)
• Chainlink (LINK)
• Stellar (XLM)
• Binance Coin (BNB)
• Dogecoin (DOGE)
• Tether (USDT)
• USD Coin (USDC)
• Dai (DAI)
• Uniswap (UNI)
• Polygon (MATIC)
• Solana (SOL)
• Cosmos (ATOM)
• EOS (EOS)
• Tron (TRX)

This is just a small sampling of the cryptocurrencies available on Tapbit Exchange. The exchange supports over 100 different coins, so users have access to a wide range of assets and can easily diversify their portfolio.

Tapbit Exchange continually adds new cryptocurrencies to its platform, so users should check the exchange’s website for the latest list of supported coins. Additionally, it’s important to note that the availability of specific cryptocurrencies may vary depending on the user’s location and the regulations governing cryptocurrency trading in that jurisdiction.

6. Fees – Tapbit Exchange Review

Tapbit Exchange has a simple and transparent fee structure that is designed to be competitive with other cryptocurrency exchanges. Here are the main fees charged by Tapbit Exchange:

• Trading Fees: Tapbit Exchange charges a flat fee of 0.1% for all trades. This means that whether you’re buying or selling a cryptocurrency, you will pay a fee of 0.1% of the total trade amount.
• Deposit Fees: Tapbit Exchange does not charge any deposit fees for any of its supported payment methods.
• Withdrawal Fees: Tapbit Exchange also does not charge any withdrawal fees for any of its supported cryptocurrencies.

In addition to the fees above, Tapbit Exchange may charge users fees for certain actions, such as cancelling an order or transferring funds between accounts. These fees are typically very small and are designed to cover the cost of processing these transactions.

7. Payment Methods – Tapbit Exchange Review

Tapbit Exchange supports several payment methods to make it easy for users to deposit and withdraw funds. Here are the payment methods currently supported by Tapbit Exchange:

• Bank transfer: Users can deposit or withdraw funds from their Tapbit Exchange account using a bank transfer. The exchange supports deposits and withdrawals in USD, EUR, and GBP.
• Credit/debit card: Users can also fund their Tapbit Exchange account using a credit or debit card. The exchange supports Visa and Mastercard.
• Cryptocurrency: Users can deposit or withdraw cryptocurrencies into or from their Tapbit Exchange account by sending the coins to the exchange’s deposit or withdrawal address.

It’s important to note that while Tapbit Exchange does not charge any deposit or withdrawal fees, users should be aware that their bank or card issuer may charge fees for these transactions.

The time it takes for deposits and withdrawals to be processed can vary depending on the payment method used. Bank transfers can take several business days to clear, while credit/debit card deposits are usually processed instantly. Withdrawals in cryptocurrency are usually processed within a few hours, while bank transfers can take several business days to arrive in the user’s bank account.

8. Tapbit Supported & Restricted Countries – Tapbit Exchange Review

Tapbit Exchange is available to users in many countries around the world. However, there are some countries where the exchange is restricted due to regulatory reasons. Here is a summary of the countries where Tapbit Exchange is supported and restricted:

• Supported Countries: All countries except for the restricted countries listed below.
• Restricted Countries: Afghanistan, Belarus, Burundi, Central African Republic, Congo, Cote d’Ivoire, Crimea, Cuba, Eritrea, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Myanmar, North Korea, Somalia, South Sudan, Sudan, Syria, Yemen, Zimbabwe.

It’s important to note that the list of restricted countries may change over time as regulations and laws evolve. Additionally, even if Tapbit Exchange is available in a certain country, users should be aware that local laws and regulations may impact their ability to use the platform. Users should always do their own research and consult with legal and financial professionals before using any cryptocurrency exchange.

9. Security and Privacy – Tapbit Exchange Review

Tapbit Exchange takes security and privacy very seriously and has implemented several measures to protect user accounts and personal information. Here are some of the security and privacy features of Tapbit Exchange:

• Two-Factor Authentication: Tapbit Exchange requires users to enable two-factor authentication (2FA) to access their account. This adds an extra layer of security to the login process and helps prevent unauthorized access.
• SSL Encryption: The exchange uses SSL encryption to protect user data during transmission. This helps prevent data interception and ensures that user information is kept confidential.
• Cold Storage: Tapbit Exchange stores the majority of user funds in offline cold storage, which is not connected to the internet. This helps prevent hacking attempts and ensures that user funds are safe in the event of a security breach.
• Identity Verification: Tapbit Exchange requires users to complete a Know Your Customer (KYC) process to verify their identity. This helps prevent fraud and ensures that the exchange complies with anti-money laundering regulations.
• Privacy Policy: Tapbit Exchange has a privacy policy that outlines how user data is collected, used, and protected. The exchange does not share user data with third parties without the user’s consent, except as required by law.
• Security Audits: Tapbit Exchange regularly conducts security audits to identify and address potential vulnerabilities. The exchange also works with third-party security experts to ensure that its security measures are up to date and effective.

10. Customer Support – Tapbit Exchange Review

Tapbit Exchange provides customer support through several channels to ensure that users can get help with any issues or questions they may have. Here are the customer support options available on Tapbit Exchange:

• Help Center: Tapbit Exchange has a comprehensive help center on its website that provides answers to frequently asked questions. Users can browse articles and search for topics to find answers to their questions.
• Email Support: Users can contact Tapbit Exchange‘s customer support team by email if they need further assistance. The exchange provides a dedicated email address for support inquiries and aims to respond to all support requests as quickly as possible.
• Live Chat: Tapbit Exchange also provides a live chat feature on its website that allows users to chat with a customer support representative in real-time. This is a convenient option for users who need immediate assistance or have urgent issues.
• Social Media: Users can also contact Tapbit Exchange‘s customer support team through social media channels such as Twitter and Facebook. These channels are monitored by the support team and can be used to ask questions or report issues.

11. How to create an account on Tapbit?

• On Website:
• Click on the website “https://www.tapbit.com/” to enter the home page. Then, please click “Register” on the upper right hand corner..

+ Next, select between either your mobile phone number or your email to register an account. Then, to complete the registration, please fill in the relevant information.

* Register with Email:

* Register with a phone number:

• On APP “Tapbit”
• Open APP “Tapbit” on Apple Store or CH Play, and click “Login /Register” on the homepage.

+ Enter the registration page, then choose between your mobile phone number or your email to register. After that, to complete the registration, please fill in the relevant information as requested.

* Register with Email

* Register with a phone number

To sum up, Tapbit Exchange is a solid choice for investors who are looking for a user-friendly, low-fee cryptocurrency exchange. The exchange’s interface is easy to use, and its mobile app makes it easy to trade cryptocurrencies on the go. After reading this Tapbit Exchange Review, if you have any questions, please contact us via Hotline: 0329.695.510.