Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Pros & Cons
- Cryptos can be bought for 45 fiat currencies;
- Popular deposit and withdrawal methods are available;
- Trading a wide range of cryptocurrency pairs incurs competitive fees;
- Intuitive browser platform and mobile app with simple interface are available;
- Tapbit Earn service offers passive income up to 30% per annum;
- The copy trading service includes many signal providers with competitive fees.;
- High liquidity and leverage up to 1:150 for derivatives;
- New clients can receive a bonus of up to USDT 320 subject to their deposits and trading volumes;
- Tapbit is licensed by the National Futures Association (NFA) and the Financial Services Authority of St. Vincent and the Grenadines (SVGFSA);
- Advanced user data and funds protection methods are used.
- Phone support is not available;
- There are no analytical tools and educational programs;
- Tapbit doesn’t provide its services to residents of the U.S., Cuba, China, and some other countries.
Tapbit is a cryptocurrency platform offering a wide range of features for traders. Its clients can trade in spot and futures markets, execute Peer-to-Peer (P2P) exchanges, and buy cryptos for fiat currencies. Tapbit offers over 800 assets. Trades are executed through a browser platform or a mobile app for devices running on Android and iOS. Spot trading fees are 0.1% for both makers and takers, while derivatives trading fees are 0.02% for makers and 0.06% for takers. Deposit and withdrawal methods don’t incur exchange fees and include bank cards, bank transfers, and online payment systems. Blockchain fees apply to cryptocurrency transactions. Tapbit provides the opportunity to generate passive income through copy trading and the Earn service.
TU Expert Verdict
Tapbit is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.
Top-5 Crypto Exchanges Traders Prefer
Tapbit User Reviews
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Tapbit Commissions and Fees
Score:This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.7.5 /10Tapbit received a 7.5/10 score for its trading fees. While Tapbit is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Tapbit trading fees?
We analyzed Tapbit’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Tapbit trading fees vs competitors
Tapbit Nexus Trade CoinMetro Industry average Based on the evaluation of over 100 leading crypto exchanges Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders. 0.1 0.22 0.1 0.15 Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price. 0.1 0.22 0.2 0.194 Futures, maker fee(%) 0.02 0 0 0.024 Futures, taker fee(%) 0.06 0 0.053 What are Tapbit deposit and withdrawal fees?
Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1. 0 Withdrawal fee, % 0.00022 BTC 0.0009 ETH Does Tapbit offer P2P trading?
Yes, Tapbit offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.Tapbit P2P Fees Tapbit MaiCoin MAX BTSE P2P maker fee (%) 0,1 0,01 P2P taker fee (%) 0,15 0,05 -
Regulation and Safety
Score:Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology8.8 /10Tapbit has earned a rating of 8.8/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- Investor protection fund
- No successful hacks history
- Tier-1 regulation
- 2FA
- Cold wallet storage
- Not U.S regulated
- No facial recognition
- Not government-regulated
We also compared Tapbit against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Tapbit Security Factors Tapbit Coinbase Kraken Tier-1 regulation YesYesYesGovernment-regulated NoYesYesInvestor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform. YesYesNo2FA YesYesYesFacial recognition NoNoNoCold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks. YesYesYesSuccessful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record. NoYesNoIs Tapbit a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.
Tapbit is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
Is verification (KYC) mandatory at Tapbit?
Yes, KYC verification is mandatory at Tapbit. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Tapbit available in the USA?
Tapbit is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Coinbase, Kraken, OKX .
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Deposit and Withdrawal
Score:We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.6.5 /10Tapbit received a 6.5/10 rating for its deposit and withdrawal services. While Tapbit covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Many cryptocurrencies for deposits and withdrawals
- Bank cards accepted for instant deposits
- Bank transfers for deposits and withdrawals
- P2P for flexible transfers
- No Google Pay option
- No PayPal option
- Withdrawal fee applies
Deposit and withdrawal options
Tapbit supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
Tapbit Deposit and withdrawal options vs competitors
Tapbit Coinbase Kraken Bank transfers YesYesYesBank card YesYesYesCrypto YesYesYesPayPal NoYesYesWhat is Tapbit minimum deposit?
The minimum deposit at Tapbit is 1 USD/USDT or 5 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Tapbit minimum deposit vs competitors
Tapbit Coinbase Kraken Minimum deposit, USD or USDT 1 10 10 Minimum deposit, BTC 5 1 1 Minimum trade amount, USD/USDT 10 2 1 Does Tapbit support fiat money?
Tapbit supports fiat currency trading and account funding. The following fiat currencies are accepted: USD, EUR, GBP, BRL, AUD, UAH, TRY, ZAR, PLN, NGN.
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Supported Coins & Markets
Score:Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.6 /10Tapbit received a score of 6/10 in this category, reflecting a solid selection of tradable assets and markets. Tapbit supports 359 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- NFTs available
- Crypto copy trading available
- Fiat currencies supported
- Prediction markets are not supported
- Yield farming not available
Tapbit supported coins and markets vs competitors
We compared Tapbit with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Tapbit Coinbase Kraken Supported coins 359 400+ 400+ Futures/Perpetual contracts YesYesYesOptions NoNoNoNFTs YesYesYesTokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate. NoYesYesTradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities. NoYesYesPrediction Markets Markets where users trade contracts based on the outcomes of future events. NoNoNoOther Assets NoPre-IPO Forex, IPO Tapbit passive income options vs competitors
We also compared Tapbit with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
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Trading Apps & Tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn more in our Methodology.7.5 /10Tapbit received a score of 7.5/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Strategy sharing with Copy Trading
- Advanced tools and automation with API
- Positive user feedback on the iOS app
- App data protection with 2FA
- No access to TradingView features
- Advanced orders not available
- No trading bots for traders
Trading apps
Tapbit provides web and mobile apps for both Android and iOS users, with an average rating of 4.1 on the App Store and 4.3 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Tapbit platform is for mobile use.
Tapbit Coinbase Kraken 2FA YesYesYesFace ID NoNoNoMob Indicators YesYesYesAlerts YesYesYesAdvanced Orders These are specialized trading features that give users more precise control over how trades are executed. Examples include Stop-Limit, Trailing Stop, and OCO (One Cancels the Other). These tools may only be available on the web version of the platform. YesYesYesTrading with bots NoNoNoAPI YesYesYesExtra trading platforms These refer to third-party platforms supported by the crypto exchange in addition to its own proprietary system. NoNoNoDoes Tapbit offer a desktop app?
No, Tapbit does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Tapbit offer advanced charting with TradingView integration?
No, Tapbit does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
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Customer Support
Score:We evaluated Customer Support at Tapbit based on the availability of live chat, email, phone support, ticket systems, help center resources, 24/7 assistance, multilingual support, and response time. Our assessment focuses on support accessibility and responsiveness. Learn the assessment criteria5 /10Tapbit offers a moderate level of customer support, covering basic communication channels and assistance options.
In TU testing, the exchange showed mixed results in support accessibility and responsiveness. Certain limitations in contact options, availability, or support resources may make it less convenient for users requiring immediate assistance.
- Multilingual customer support
- Comprehensive help center available
- 24/7 customer support available
- Phone support unavailable
- Email support unavailable
Tapbit Support Channels vs Competitors
Tapbit Coinbase Kraken Live Chat YesYesYesEmail Support YesNoNoPhone Support NoNoNoTicket System YesYesYes24/7 Support YesYesYesHelp Center / FAQ YesYesYesMultilingual Support YesYesYesContacts Official site https://www.tapbit.com/ Contacts support@tapbit.com contact@tapbit.com
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FAQs
What trading fees does the Tapbit cryptocurrency exchange charge on spot and futures markets?
Tapbit charges a 0.1% maker fee and a 0.1% taker fee for spot trading, while futures trading fees are 0.02% for makers and 0.06% for takers. Deposits are free, but withdrawals may incur a fee, such as 0.00022 BTC or 0.0009 ETH, and P2P transactions are also subject to a fee.
How can I deposit and withdraw funds at Tapbit and what is the minimum deposit?
Tapbit supports deposits and withdrawals via bank transfers, bank cards, and cryptocurrencies, and does not charge deposit fees, although withdrawal fees apply. The minimum deposit is 1 USD/USDT or 5 BTC, and the minimum trade size is 10 USD/USDT.
What do user reviews say about Tapbit?
Tapbit has a user satisfaction score of 7/10 based on 2 reviews, with 50% of users giving 4-star ratings and 50% giving 3-star ratings. According to user reviews, overall impressions are mixed rather than strongly positive or negative.
Which cryptocurrencies and markets are available on Tapbit?
Tapbit supports 359 cryptocurrencies and offers basic trading types, including crypto futures and access to NFTs. The exchange does not provide perpetual contracts, options, tokenized assets, prediction markets, staking, or yield farming, but it does offer copy trading.
What customer support options does Tapbit provide?
Tapbit offers customer support through live chat, a ticket system, and email, with 24/7 availability and multilingual assistance. A help center or FAQ is also available, while phone support is not provided.
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