Tapbit Cryptocurrency Exchange Review 2023- Check If Tapbit.com Is the Right Crypto Exchange for You

Introduction

Tapbit is one of those significant cryptocurrency exchanges which made significant growth in a very short time. Tapbit.com is a Spain-based cryptocurrency exchange which was founded in 2021 by Simon Fontana. Within the last two years, it engraved its name among the top global exchanges with the best trading liquidity. It offers a user-friendly interface and supports 200+ cryptocurrencies which is the demand of the market and desire of every trader.

Why Tapbit.com? (Features)

Tapbit trading platform is best known for its distinguishing features in the crypto market. It supports a wide range of digital assets, trading pairs and fiat currencies at a very reasonable fee and commission. It supports 200+ digital assets for trading, bot trading, sport and derivatives trading and also offers demo trading for beginners.

This article aims to discuss the features and drawbacks of the exchange and will enlighten you about the exchange by strong and weak points. Here are a few of the features of the exchange discussed below;

Tapbit.com Cryptocurrencies

Tapbit.com cryptocurrency exchange supports 200+ cryptocurrencies for selling, purchasing, and trading. It is designed in such a way that even a beginner can trade a wide list of cryptocurrencies of their interest using Tapbit’s trading platform.

Tapbit supports currencies paired with USDT, most commonly BTC/USDT. It supports various significant cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Chiliz (CHZ), Avalanche (AVAX), Shiba Inu (SHIB), Bancor (BNT), Apecoin (APE), Chainlink (LINK) etc.

Spot and Derivatives Trading

Tapbit.com trading platform supports both sport and derivatives trading with a lower transaction fee to yield maximum profits. Users can trade the top trending 100 cryptocurrencies for spot trading with an ultra-low transaction fee. Users can trade on the base of taking profit and stopping loss by derivatives trading.

Reasonable Fee Structure

Tapbit offers the services of futures and spot trading at very low fees as compared to the other cryptocurrency exchanges. It follows the maker/taker trading module for a fee and it charges as low as 0.02% from the maker and 0.06% from the taker on futures trading.  While the standard fee for spot trading is 0.1%.

Security of Tapbit Crypto Exchange

Tapbit.com is considered to be one of the most safe and most secure cryptocurrency exchanges as it employs modern technologies. Moreover, the Tapbit trading platform keeps updating its security premises to ensure the security of the digital assets of the customers.

Also Read: Bitkub Crypto Exchange Review – Is Bitkub.com Safe and Legit? (A Complete Review to Guide Beginners)

Tapbit trading platform is well-known in the area of security as it uses advanced security measures like two-factor authentication (2FA), know-your-customer (KYC) policy, cold storage and encryption. It is important to note that the Tapbit crypto exchange hasn’t been breached of hacked till now.

Customer Support Services of Tapbit Trading Platform

Tapbit.com cryptocurrency exchange offers 24/7 customer support services through email and live chat for a better user experience. It has a detailed FAQs section which covers most of the queries of the customers.

Pros and Cons

Pros

• Highly secured exchange
• User-friendly interface
• Has advanced trading tools
• 24/7 customer support services
• Comparatively low trading fee
• Offers leverage up to 200 digital assets
• Offers forex trading

Cons

• Crypto staking isn’t available on the exchange
• Limited options for passive income

Conclusion

Every crypto trader fancies the perfect trading conditions favourable to the traders to earn maximum profits. Based on its short-time trading records, Tapbit is proven to be a secure and trusted exchange for both beginners and experts. Offering over 200 cryptocurrencies, low fees, high leverage, and other key features, Tapbit stands out as one of the top choices for traders and investors.

Although Tapbit.com cryptocurrency launched just a couple of years back it has outperformed many exchanges due to its advanced and exceptional services. It could be suitable for both beginners and experienced users but it is still recommended to do complete research and invest in it after matching your needs and exchange’s features.