Markets, services and trading platforms
Sections ↑Tapbit operates a centralised spot and derivatives venue with separate Earn and copy-trading functions. The company dates its operation from 2021. This profile covers the public international service inspected on 20 October 2026; account availability depends on the country restrictions discussed below.[6][22]
CoinGecko displayed approximately $1.983 billion in reported rolling 24-hour spot turnover across 57 coins and 62 pairs when inspected on 20 October 2026. This is a dated data-provider snapshot, not audited turnover, executable depth or a count of active customers.[1]
The separate derivatives page displayed about $20.214 billion in reported 24-hour turnover and $9.469 billion in open interest across 110 pairs. Open interest measures outstanding contracts, so it should not be added to daily turnover or treated as customer assets.[2]
Account comparison01
What the different services do
| Service | Mechanism | Practical boundary |
|---|---|---|
| Spot | Exchange one supported cryptoasset for another through an order book. | The public tariff distinguishes BTC/USDT and ETH/USDT from other pairs.Source 7 |
| USDT perpetuals | Leveraged positions with mark-price liquidation and position-size risk tiers. | Cross margin can expose shared collateral; isolated margin confines the individual position’s margin allocation.Source 11 |
| Pre-IPO perpetuals | Exposure to an implied company valuation, initially using a default one-billion-share basis. | These contracts confer no equity ownership. A later share-count rebase can change contract quantities and prices.Source 38 |
| Copy trading | The account follows a lead trader, subject to funding and position limits. | Following can fail because of insufficient margin or limits; fills can differ through slippage.Source 22 |
| Flexible Earn | Subscriptions move selected assets into an earning product. | The product screen specifies its own assets, minimums, limits and variable yield tiers.Source 26 |
Specifications02
Order controls and execution limits
| Control | Documented behaviour | Consequence |
|---|---|---|
| Limit and market | Limit orders seek the chosen price or better; market orders match available liquidity immediately. | A limit need not fill. A market instruction does not guarantee its displayed reference price.Source 10 |
| Trigger and post-only | Triggers submit an order when the trigger is reached and do not reserve margin in advance. Post-only is intended to add resting liquidity. | Available margin still matters when the trigger activates. A crossing limit order should not automatically be budgeted at the maker rate.Source 10 |
| TP/SL | The guide supports last-price or mark-price triggering; its limit examples require a separate execution price. | Triggering and filling are separate events. The public page does not establish every time-in-force option or a universal order expiry.Source 10 |
| Liquidation | The engine uses mark price, maintenance tiers and available margin, cancelling unexecuted orders to release margin during its process. | A stop referenced to last trade can behave differently from the liquidation trigger. Larger positions can require more maintenance margin.Source 11 |
| Spot size and precision | The symbol API publishes price/amount precision, minimum quantity, minimum notional and price-fluctuation fields. | Read the selected pair’s current values. Sample JSON amounts and sample fees in documentation are examples, not a live tariff.Source 34 |
Platforms & products03
Web, mobile and API reach
| Route | Established capability | Limit or operational consequence |
|---|---|---|
| Android and browser | The September 2026 guide lists Google Play, the official APK and a home-screen PWA. | Tapbit explicitly warns that PWA features can differ from the native app. Cross-device chart and layout persistence was not established.Source 37 |
| Spot V2 API | Available to eligible, KYC-verified users; published endpoints cover market data, balances, order placement, cancellation and history. | The inspected catalogue does not establish withdrawal permission or a separate read-only key toggle. Do not infer those powers from a generic API label.Source 28 |
| Spot order submission | The documented endpoint takes pair, direction, price and quantity, with signed request headers; limit one request per second. | An acknowledged order ID identifies an order, not a completed fill. Reconcile its status before replacing an uncertain instruction.Source 29 |
| Perpetual API | Order access requires an application to [email protected] with UID and a description of the trading approach. | Public documentation is not evidence that every retail account is already enabled for automated futures execution.Source 27 |
| Rate-limit recovery | Excess requests return HTTP 429. Authenticated limits use user ID; unauthenticated limits use public IP. | Throttle and reconcile requests instead of repeatedly resubmitting after an uncertain response.Source 39 |
Trading fees and other costs
Sections ↑The public fee article was updated on 29 December 2025 and remained the linked schedule at inspection. Fees apply to executed turnover, not merely the margin posted for a leveraged trade. Spread, execution slippage, funding and withdrawal charges are separate parts of the final cost.[7]
Pricing & charges04
Published base trading rates
| Market | Maker | Taker | Illustration |
|---|---|---|---|
| BTC/USDT spot | 0% | 0% | The named zero-fee pair still has a bid/ask spread and possible slippage.Source 7 |
| ETH/USDT spot | 0% | 0% | Zero commission does not remove the cost of a later on-chain withdrawal.Source 7 |
| Other spot pairs | 0.10% | 0.10% | A 1,000 USDT-equivalent fill costs 1 USDT equivalent before other costs.Source 7 |
| Derivatives | 0.02% | 0.06% | A 10,000 USDT taker fill costs 6 USDT. Opening and closing at that unchanged notional costs 12 USDT in commission.Source 7 |
Funding is a transfer between longs and shorts. A positive rate normally charges longs; a negative rate reverses the direction. The calculation uses position value multiplied by the applicable rate: 10,000 USDT at 0.01% is 1 USDT for that settlement, independently of the cash margin supporting the position. The generic guide describes eight-hour settlements.[8]
Intervals are contract-specific: Tapbit changed SKHYNIXUSDT and SAMSUNGUSDT to four-hour funding effective 15 July 2026 at 01:00 UTC. The contract’s current countdown and notices therefore matter more than assuming the generic eight-hour cycle applies everywhere.[9]
Pricing & charges05
Bonus balances and potential deductions
| Instrument | Published rule | Effect on cash and positions |
|---|---|---|
| Contract Bonus Coupon | The August 2025 rules describe a seven-day coupon and a 300% profit threshold for unlocking that coupon and its profit. | Without meeting the condition, the described coupon/profit is reclaimed and related positions are closed. It is conditional trading credit; the specific campaign and expiry govern.Source 23 |
| Deposit Coupon / Deposit Reward Coupon | The 21 January 2026 change removed the rule preventing recall after a specified loss threshold. | Tapbit’s example recalls 600 USDT although only 502 USDT of coupon remains, taking the missing 98 USDT from a subsequent 1,000 USDT deposit. A later deposit can fund a coupon recall.Source 24 |
Deposits, withdrawals and currency handling
Sections ↑Process06
Moving money into and out of the account
| Route or condition | Published mechanism | What to check |
|---|---|---|
| On-chain deposit | The deposit FAQ says amounts below a token’s minimum can accumulate until the threshold is reached. | Use the token, network, address and any required identifier shown for the account; a visible blockchain transfer does not alone prove exchange credit.Source 12 |
| On-chain or internal withdrawal | The app offers separate on-chain and internal-transfer routes. Internal recipients can be identified by email, phone or UID. | Choose the intended route and recipient carefully; an internal account transfer is different from a blockchain payment to an external wallet.Source 15 |
| Fiat purchase or sale | Tapbit names Mercuryo and Guardarian as providers and says it does not directly handle fiat deposits or withdrawals. | Provider KYC, region, payment method and order limits apply. Card, SEPA and wallet options in the FAQ are not universal account entitlements.Source 14 |
| Fiat quote and fees | The FAQ says Tapbit adds no commission, while providers may charge and determine the final exchange rate. | Compare final fiat paid with crypto received. For a payment problem, contact the provider with its order reference; a Tapbit indicative rate is not the final conversion quote.Source 14 |
| Delayed or wrong transfer | A withdrawal still processing after six hours should be raised with support. Wrong-asset recovery is assessed manually and can take more than a month. | Supply UID, token, amount, address, transaction hash and evidence. The recovery process is discretionary and may carry a charge.Source 12 |
Pricing & charges07
Examples from the dated withdrawal schedule
Custody, reserves and protection limits
Sections ↑Protections & eligibility08
Different forms of protection
| Evidence or mechanism | What it establishes | Limit |
|---|---|---|
| Hacken reserve report | The linked report’s audit and report date is 31 October 2024. Scope: BTC and ETH on Bitcoin and Ethereum, with more than 45,000 in-scope liability holders. | Hacken checked balances and wallet control. Its reported ratios exceed 2,341% for BTC and 2,431% for ETH at that historical inspection; these are not current all-asset solvency figures.Source 20 |
| Current reserve landing page | The site still links that report and separately displays a 125% USDT figure without a visible snapshot date. | The linked PDF’s scope does not establish that USDT figure. A landing-page ratio and a dated auditor report should not be treated as the same evidence.Source 21 |
| Advertised 50 million contract fund | The June 2025 notice promises compensation within 24 hours for specified platform-caused downtime and abnormal-price losses. | This is Tapbit’s promise. No external insurer, individual coverage allocation or independent fund verification was established from the notice. It is not a general market-loss guarantee.Source 18 |
| Liquidation insurance fund | The pool receives favourable liquidation execution proceeds and absorbs adverse closeout losses, seeking to reduce auto-deleveraging. | Its function is managing the derivatives liquidation process; the name does not establish an insurance policy payable to every depositor.Source 19 |
| Deposit-insurance position | The terms expressly exclude public or private deposit insurance for both cryptoasset and fiat balances. | The advertised incident fund must be read alongside this exclusion. No blanket negative-balance protection is established by these terms.Source 3 |
Eligibility, verification and account restrictions
Sections ↑Tapbit’s 4 March 2026 policy says ordinary trading, deposits and withdrawals do not universally require advance KYC. It also permits identity checks before a risk-flagged withdrawal and warns that verification is unavailable in unsupported countries. Opening an account without verification therefore does not establish that a later withdrawal can avoid it.[36]
Regional comparison09
Country and account constraints
| Issue | Current public position | Practical implication |
|---|---|---|
| Country exclusions | The 24 June 2026 list excludes, among others, the United States, China, India, France, Austria, Norway, Greece, Hungary, Thailand, Pakistan and Nigeria. | It is a longer list than older worldwide marketing material. Use the full linked list for residence and incorporation; these examples are not exhaustive.Source 5 |
| Special categories | The page adds restrictions for certain corporate, institutional or professional customers in Antigua and Barbuda and Bermuda, with partial Hong Kong limitations. | Customer category matters alongside physical location. A fiat currency being quoted does not establish permission for residents of the corresponding country.Source 5 |
| Unverified withdrawal limit conflict | The March 2025 deposit FAQ states 10 BTC per 24 hours; the General Questions page states 2 BTC per 24 hours. | A definitive current unverified ceiling was not established. Check the authenticated limit before funding; the separate KYC policy also permits risk-triggered verification.Source 12Source 17 |
| Adult account and inactivity | The terms require age 18 or above. Prolonged inactivity can lead to closure and unclaimed-property treatment; dormancy/administration deductions are reserved. | No definite idle period or priced inactivity tariff was established. Leaving an account unused is different from requesting closure after withdrawing.Source 3 |
Support, security recovery and account records
Sections ↑Published contact routes
Account supportEmail
[email protected]Source 35
Scope Account or security incidents; include the relevant account and transaction details.
API access and documentationEmail
Process10
Recovery, interruptions and records
| Situation | Documented procedure | Limit or follow-through |
|---|---|---|
| Security change | PINs use six to eight digits; the PIN guide imposes a 24-hour withdrawal block after security-method changes. | A security hold is separate from blockchain confirmation or an ordinary processing delay. Allow for it before an urgent withdrawal.Source 16 |
| Lost authenticator | The FAQ describes a manual request from the registered email with identity photographs, a dated recovery statement and account-history evidence. | Tapbit gives a 24-hour processing indication. This is not a guaranteed completion time; the review must establish ownership before re-binding.Source 17 |
| Maintenance dealing | For 28 August 2026, Tapbit scheduled 23:00–23:30 UTC maintenance affecting spot, futures and account services; it told users to manage positions beforehand. | It warned of delayed asset, order and position data and asked users to check accounts and orders afterwards. No alternative telephone dealing desk was established.Source 32 |
| Subsequent restoration | A separate notice at 23:30 on 28 August said those services had resumed, advising refresh or logout/login if problems remained. | The August event is closed historical maintenance, not evidence of an ongoing October outage.Source 33 |
| Spot API records | Historical orders are returned by pair, 20 at a time, with pagination and fields for fills, fees, rates, timestamps and status. | The endpoint does not itself establish a complete tax report or an unlimited retention period. Collect all pages and reconcile missing periods.Source 30 |
| Earn records | The subscription guide directs users to Earn assets and Records for subscriptions, redemptions and interest-rate information. | Retain these separately from spot fills and funding transfers. A downloadable all-product CSV format and maximum export history were not established.Source 26 |
The terms provide support contact details but no guaranteed response speed. A clear external ombudsman route, complaint decision deadline and service-specific court or arbitration venue were not established in the inspected agreement. Preserve correspondence and ask for the precise contracting entity and applicable escalation process if a dispute arises.[3]
Legal entity and regulatory scope
Sections ↑Entities & regulation11
Who is identified, and what is verified
| Source or claim | Scope | Assessment |
|---|---|---|
| Company’s August 2026 guide | Names Tapbit LLC as a US-incorporated operating entity; the site footer uses the same name. | This establishes a company disclosure. The generic contractual name “Tapbit Exchange” does not by itself resolve incorporation particulars or every service counterparty.Source 4 |
| Registration language | Tapbit’s compliance page claims FinCEN MSB registration and describes applications for state money-transmitter licences. | A current matching regulator record and product permission were not established in this review. The page’s broad exchange/clearinghouse language should not be treated as verified authorisation.Source 35 |
| US availability | The operative location list excludes US customers. | A company’s US incorporation or registration claim does not override the service’s own country restriction.Source 5 |
Company background and current service status
Sections ↑Tapbit presents itself as an exchange operating since 2021, with spot, futures and Earn product lines. Its website and September 2026 mobile guidance remain active. Public registration claims and company descriptions are distinct from audited financial statements, an ownership register or a licence covering every product. This profile does not assign a trust score or infer customer numbers from turnover.[6][37]
A material product change occurred on 30 July 2026 at 02:00 UTC: Tapbit discontinued Trading Bots, removed access, terminated grids and cancelled their open orders. It said remaining grid positions would be closed at market, with realised profit or loss transferred to the Futures account. Historical grid orders and trade records would cease to be available. Subsequent inspected announcements did not establish restoration. This closure concerns the grid service, not the whole exchange.[31]
- Operator
- Tapbit LLC in company disclosure; agreement uses Tapbit Exchange
- Exchange model
- Centralised
- Service scope
- Spot, USDT perpetuals, copy trading and flexible Earn; grid bots discontinued.
- Client types
- Retail clients; Institutional clients
- Pricing publication
- Public pricing
- Pricing scope
- Pair-specific spot rates and derivatives maker/taker fees; funding and withdrawal costs separate.
- Funding scope
- Crypto transfers and external fiat providers; network fees and security holds apply.
- Custody and asset handling
- Historical BTC/ETH reserve report; company incident fund distinct from deposit insurance.
- Client eligibility
- Country exclusions and risk-triggered verification; some specialised access requires KYC.
- Support
- Email support, manual account recovery and limited documented record endpoints.
- Authorisation and registration scope
- Company registration claims are not independently established product authorisations.
Exchange metadata checked 20 Oct 2026Source 4Source 3Source 5Source 7Source 31
Covered contracting entities
Tapbit LLC
- Jurisdiction
- United States
- Covered services
- Company-disclosed operator.
- Client and location scope
- Contracting particulars require confirmation.
Copying, Earn and exit consequences
Sections ↑Process12
What happens when a service is stopped or changed
| Action | Effect on the account | Remaining responsibility |
|---|---|---|
| Disconnect a lead trader | Stops further copying but leaves existing copied positions open. Re-following within ten minutes can resynchronise them. | The follower must close remaining positions when an exit is intended. The FAQ says lead-trader partial closes are not synchronised; full closures are. Ordinary futures fees and lead-trader profit sharing still matter.Source 22 |
| Disable Earn auto-subscribe | The September agreement makes auto-subscribe optional and off by default; disabling it prevents new subscriptions. | Existing holdings remain subscribed until redeemed. Normal redemption is described as real-time, subject to review, maintenance or legal restrictions.Source 25 |
| Earn accrual and currency | Interest begins from the next full hour, is calculated and paid hourly to Spot, and generally uses the subscribed asset. | Rates can change for existing and new balances, with different portions earning different tiers. Redeeming before the first accrual hour earns no interest; current subscription, redemption and management fees are zero.Source 25 |
| Pre-IPO rebase | Trading is restricted around the adjustment. Existing TP/SL and other conditional protective orders are cancelled when it begins. | Orders are not automatically reinstated. Check adjusted quantities and prices and rebuild protection after reopening; a mechanical rebase does not guarantee an IPO or profitable exit.Source 38 |
Sources & further reading
- Tapbit spot markets and reported volume CoinGecko · Accessed 20 Oct 2026
- Tapbit derivatives markets and reported volume CoinGecko · Accessed 20 Oct 2026
- Terms of Use Tapbit · Accessed 20 Oct 2026
- Company guide: Is Tapbit safe to use? Tapbit · 11 Aug 2026 · Accessed 20 Oct 2026
- Location Restrictions Tapbit · 24 Jun 2026 · Accessed 20 Oct 2026
- About Tapbit Tapbit · Accessed 20 Oct 2026
- Fees: Spot and Derivatives Tapbit · 29 Dec 2025 · Accessed 20 Oct 2026
- Funding Fee Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- SKHYNIX and SAMSUNG funding interval adjustment Tapbit · 15 Jul 2026 · Accessed 20 Oct 2026
- Types of Order on Tapbit Derivatives Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- Liquidation Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- Deposit and Withdrawal FAQs Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- Deposit and Withdrawal Fee Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- Fiat buy crypto FAQs Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- How to Withdraw: App version Tapbit · 14 Jan 2026 · Accessed 20 Oct 2026
- How to Set PIN Code Tapbit · 16 May 2025 · Accessed 20 Oct 2026
- General Questions and Answers Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- 50 Million Contract Insurance Fund Tapbit · 6 Jun 2025 · Accessed 20 Oct 2026
- Tapbit Insurance Fund Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- Hacken Tapbit proof-of-reserves report Hacken · 31 Oct 2024 · Accessed 20 Oct 2026
- Tapbit Proof of Reserves Tapbit · Accessed 20 Oct 2026
- Contract Copy Trade Followers FAQ Tapbit · 14 Nov 2025 · Accessed 20 Oct 2026
- Contract Bonus Coupon rules and FAQs Tapbit · 12 Aug 2025 · Accessed 20 Oct 2026
- Coupon Recall Rules Update Tapbit · 21 Jan 2026 · Accessed 20 Oct 2026
- Tapbit Earn Service Agreement Tapbit · 7 Sep 2026 · Accessed 20 Oct 2026
- How to Subscribe Tapbit Earn Tapbit · 4 Feb 2026 · Accessed 20 Oct 2026
- USDT Perpetual API Tapbit · Accessed 20 Oct 2026
- Spot V2 API Tapbit · Accessed 20 Oct 2026
- Spot V2: Place Order Tapbit · Accessed 20 Oct 2026
- Spot V2: Historical Order List Tapbit · Accessed 20 Oct 2026
- Trading Bots Service Discontinuation Notice Tapbit · 16 Jul 2026 · Accessed 20 Oct 2026
- System Maintenance Announcement: 28 August 2026 Tapbit · 27 Aug 2026 · Accessed 20 Oct 2026
- System Maintenance Completed Tapbit · 28 Aug 2026 · Accessed 20 Oct 2026
- Spot V2: Symbol Information Tapbit · Accessed 20 Oct 2026
- Jurisdiction, regulations, licensing and practices Tapbit · 18 Mar 2025 · Accessed 20 Oct 2026
- KYC Policy Announcement Tapbit · 4 Mar 2026 · Accessed 20 Oct 2026
- Android App Download and Installation Guide Tapbit · 29 Sep 2026 · Accessed 20 Oct 2026
- Pre-IPO Perpetual Futures Tapbit · 14 Jul 2026 · Accessed 20 Oct 2026
- Spot V2: Access Restriction Tapbit · Accessed 20 Oct 2026
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.
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