What is Tapbit?
Tapbit is a cryptocurrency exchange that provides a platform for trading various digital assets. It aims to offer a user-friendly experience and a range of trading tools, catering to both beginners and experienced traders.
Who is the Founder?
The specific founder details of Tapbit are not widely publicized, as the exchange is typically managed by a team of professionals from the blockchain and finance sectors.
When Did It Start Operations?
Tapbit began operations in 2022.
Where Is It Based?
Tapbit is headquartered in Singapore.
In Which Countries Is It Banned?
Tapbit primarily serves users globally but may face restrictions in certain regions, including:
- United States: Tapbit has limited services for U.S. residents due to regulatory constraints.
- China: Cryptocurrency exchanges are banned.
- Other Countries: Various jurisdictions may impose regulations that limit access to Tapbit’s services.
What Is the Trading Fee?
Tapbit’s trading fees typically range from 0.1% to 0.2%, depending on the specific trading pairs and user trading volume.
Is Margin Trading Available?
Yes, Tapbit offers margin trading, allowing users to trade with leverage. This feature enables traders to borrow funds to increase their positions, which can amplify potential returns but also increases risks.
