Leverage is a teacher
Placed one overconfident long and learned about funding the fun way. Engine felt snappy, fees decent, support replies mixed. If you are new to perps, start tiny or the market will humble you fast.
Tapbit is a centralized cryptocurrency exchange (CEX) established in 2021, originally launched as Billance before rebranding in September 2022, that provides spot trading, perpetual futures, copy trading, and crypto earn services to a global user base. Headquartered in the United States, the platform reports serving over 12 million registered users across more than 190 countries, with a daily trading volume exceeding $35 billion and access to over 700 cryptocurrencies and 150 trading pairs. Tapbit offers a range of trading features, including derivatives trading with up to 150x leverage, one-click copy trading, trading bots, hedge mode, demo trading, fiat on-ramps, and passive-income earn products, available through web and mobile applications for iOS and Android. The exchange emphasizes security and regulatory compliance, claiming to hold an MSB fiat currency business license, an NFA general financial license from the U.S. federal government, and a crypto and forex business license from SVGFSA, while maintaining a $40–50 million insurance fund to protect user assets.
Key Details:
- Location: The company is headquartered in Denver, Colorado, United States.
- Founders: -
- Foundation Date: The company was established in the year 2021.
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