Tapbit
⭐ Trust Score: 8/10
🏆 Arbi.TEAM 8/10
📋 Basic information
📊 Trading statistics
📖 About exchange
Tapbit
US-based crypto exchange focused on regulatory compliance
General Information
| Parameter | Value |
|---|---|
| Year Founded | 2019 |
| Country | United States |
| Type | CEX |
| Trust Score | 8/10 |
| Global Rank | #25 |
| 24h Volume (BTC) | 29,748.35 |
| Listed Coins | 271 |
| Trading Pairs | 280 |
History
Tapbit founded in 2019 in the United States. Built as a fully US-compliant platform, differentiating it from competitors.
In 2020 Tapbit obtained MSB licenses from FinCEN and registered in multiple states. The exchange targeted institutional clients with custodial solutions.
In 2022 Tapbit expanded with futures trading and staking. Enhanced KYC/AML procedures were implemented for full regulatory alignment.
Despite US registration, Tapbit serves clients worldwide except sanctioned countries.
Key Features
US Registration
Full US regulatory compliance. FinCEN licenses and multi-state registration.
KYC/AML
Enhanced verification procedures. Strict AML transaction monitoring.
Low Fees
Standard 0.10% spot fees. Loyalty program discounts available.
Futures
USDT-margined contracts with up to 100x leverage. Perpetual futures.
Staking
Fixed and flexible staking for popular PoS coins.
Custodial Solutions
Institutional asset storage with segregated client wallets.
Trading Fees
| Market | Maker | Taker |
|---|---|---|
| Spot | 0.10% | 0.10% |
| Futures | 0.02% | 0.06% |
| Margin | 0.10% | 0.10% |
Loyalty program reduces fees with higher volume. Referral system with active user bonuses.
Security
Geography & KYC
Availability: 100+ countries KYC: Mandatory for all users — enhanced procedures Banned in: Iran, North Korea, Cuba, Syria, Crimea
Pros & Cons
✅ Pros
- Full US regulatory compliance
- Low 0.10% spot fees
- FinCEN licensed
- Institutional infrastructure
- Strong 24h volume
❌ Cons
- Limited coin selection (271)
- Mandatory KYC for all
- Trust Score 8/10
- Relatively new exchange
User Reviews
Trustpilot: 3.5, 500+ reviews. Users value regulatory clarity and simplicity. Criticism on mandatory KYC and limited coins. Institutional clients satisfied with custodial solutions and support.
Arbitrage suitability assessment — will be added later
Personal user experience — will be added later