No, Tapbit doesn’t require KYC. Tapbit is considered to be a no-KYC crypto exchange. You can trade, deposit, and withdraw on Tapbit without personal identification.
While most features are accessible to everybody, some features are locked for unverified Tapbit users. Read on to learn more.
Tapbit Withdrawal Limits
Tapbit is a no-KYC crypto exchange with withdrawal limits based on your KYC level. A higher KYC level results in higher withdrawal limits.
There are three KYC levels on Tapbit. Unverified and Verified (KYC 1).
You can see the exact withdrawal limits in the table below. The limits reset every 24 hours, and there is no cumulative limit. The Tapbit withdrawal limit is calculated in Bitcoin (BTC).
| KYC Level | 24h Withdrawal Limits |
|---|---|
| Unverified (KYC 0) | 10 BTC |
| Verified (KYC 1) | 60 BTC |
Is Tapbit Safe To Use Without KYC?
We consider Tapbit to be a relatively secure crypto exchange. The platform has never been hacked, offers generous daily withdrawal limits, and offers reliable service. Users can trade, deposit, and withdraw without having to undergo the KYC identification process.
However, we recommend you never keep your investments on a centralized exchange. Always withdraw your funds to your personal wallet when you are done with trading.
Tapbit KYC Requirements
In order to verify your identity on Tapbit, you must submit personal information, including government-issued documents. See all required details below:
ID Verification (KYC 1)
The requirements for the first KYC level are as follows:
- Full Name
- Country
- Date of birth
- Government issued ID
- Selfie
- You need to hold both of your ID and a piece of white paper in your hand.
- The notes must contain Tapbit and the exact date(mm/dd/yyyy) of your submission by handwriting.
- Please make sure your face is not obscured by the holding documents, and all the information are clearly visible.
- The image file can not exceed 10 MB and only for JPG or PNG.
FAQ
Does Tapbit require KYC?
No, Tapbit doesn’t require KYC verification. You can trade without the identification process on Tapbit.
Is Tapbit legit?
Tapbit is a relatively new crypto exchange with over 2 million users. While Tapbit appears to be a legitimate crypto exchange, we recommend storing your funds in your personal hardware wallet.
Is Tapbit available in the United States?
Yes, Tapbit is allowed in the United States. US citizens can register, deposit, trade, and withdraw on Tapbit due to its MSB license. They can also verify their identity.
