Investing in cryptocurrency is a process with many ins and outs. However, no matter what your investment strategy is, you will need to convert fiat into crypto. With so many platforms out there, this can be a difficult process.
Be prepared to discover one of the most effective ways to buy and sell cryptocurrency through a third-party application. In this guide, we will be talking about a platform that will allow you to do just that. In addition to this, you will also learn about its cryptocurrency.
We are talking about Tap Global, one of the most popular crypto platforms out there. We will take a look at its features, its cryptocurrency, and also how you can add it to your portfolio.
Make sure you pay attention to the whole article as you won’t want to miss anything. Let’s get into it!
What Is Tap Global?
Tap Global is a platform that aims to provide the easiest, cheapest, and most efficient way to buy and sell cryptocurrencies… all while maintaining the best rate possible. The platform does this by comparing all of the third-party exchanges that are present in the market. It doesn’t matter whether you are trying to buy or sell; you will get the best rates possible.
If you are new to cryptocurrency, you need to understand one thing: Most centralized platforms will decide the rate at which they sell or buy crypto. If you are buying and selling on Coinbase you are going to get a rate that is decided by Coinbase. This is the same case with Kraken or Binance. However, keep in mind that this is the case for buy and sell features, not for spot markets.
Taking this information into account, you now know that some rates will be better than others. However, you can’t go over every single exchange creating accounts to get knowledge about each particular rate. This would be extremely stressful and ineffective as prices can change fast.
This is where Tap Global comes into action. The platform combines the best rates via all the third-party exchanges. In short, it allows you to buy crypto for the best price available and also sell for the best price available on the market. How good is that?
What Features Does Tap Global Offer?
There are many interesting facts about Tap Global. However, one of the most noteworthy is that it is the only DLT (distributed ledger technology) platform of its kind. This categorization has also resulted in it gaining a license from the Gibraltar Financial Services Commission. Let’s take a look at some of the other features it has to offer!
Instant Crypto Trading
Tap Global’s instant crypto trading feature is one of its most distinguishable features. Tap not only scans multiple order books from multiple exchanges in seconds to find the best price… It also looks at liquidity to ensure instant trading.
This is important because many platforms will have you wait as much as hours to receive your crypto. This comes hand in hand with the ease of setting up an account and starting trading. When you are trading, every minute counts!
This is one of Tap Global’s strongest points. Its in-app security essentially allows it to act as the closest comparison to an online cold storage wallet.
This security is the result of the platform’s use of a secure and offline vault to store your crypto assets. This “flexible” cold storage solution guarantees your peace of mind without slowing your crypto trading.
Prepaid Crypto Cards
The last great feature to talk about is that they offer 3 revolutionary contactless prepaid cards. These MasterCard-issued cards will allow you to spend your crypto assets with one tap of your card.
While most crypto users choose to hold their coins, using them to pay for services can also be beneficial in many ways. Let’s take a look at the three cards offered by Tap Global:
- Tap Free Card: This contactless card gives you instant fiat forex (1.5% wallet to wallet) and $500 in free ATM withdrawals per month (2% after). When using it, you will have to pay a 0.5-1.5% on crypto exchange fees (25% discount if fees are paid with Tap).
- Tap Black Card: This card works like the free version but allows you to save 50% on fees if you pay with Tap. It also provides free ATM withdrawals per month up to $1,000.
- Tap Titanium: This card changes some big things in comparison to the other ones. You will get unlimited free Forex fx (wallet to wallet), unlimited free withdrawals at ATMs, and the cost price crypto exchange fees.
Which Investor Profile Does Tap Suit The Most?
The quick answer to this question is that Tap suits every investor profile. No matter if you are just starting your crypto journey or have been around for years. This is because the platform provides easy access to its services while still providing good prices.
Users can fund their accounts with a bank transfer or debit card and start trading on the app with the touch of a button. Speed and functionality are also ensured, as you can complete trades in under 3 seconds across all supported methods.
The top-notch security we mentioned before will also help long-term holders when combined with this speed. This will allow you to react extremely quickly to market changes, which is a great advantage for advanced traders.
XTP Coin: A Tap Global Brand
XTP is a cryptocurrency developed by Tap Global company. If you use the platform frequently, investing in this cryptocurrency can be a good idea. By doing so, you will maximize your earnings.
You can do several other things with this crypto. For example, it allows you to reduce transaction fees by staking XTP. You can also upgrade your Tap Global account level with XTP, which will provide further benefits.
By buying XTP, you are supporting the technology and the project behind it. This helps the token itself gain value as the platform becomes more popular.
The main exchanges where you can get XTP are Iqoption, ProBit Global, Bitglobal, and Bittrex. An announcement also came some time ago that this coin is listed on Huobi.
We are ready to go now, let’s pass on the important part. After all, you are here to learn how to buy XTP in the easiest and quickest way!
How And Where To Buy XTP?
The moment has come to talk about how to actually buy XTP. We compared many platforms, and we found the best option to buy XTP was… Well, using Tap! By using the platform you will only need to complete 4 steps to buy XTP. Let’s take a look at how you can do so.
Step 1: Download The App
This one might be obvious but it is still worth mentioning. Tap is not available for PC or web browsers, which means you will need to download and install the app on your mobile device.
You will be happy to know that Tap is available for iOS and Android. Installing it is as easy as going to the app store, searching for “Tap – Buy & Sell Bitcoin,” and installing it. You can also visit the website and provide your phone number to have a link sent to your phone.
Step 2: Create an Account
Now that you have the app installed, you just need to create an account. This will be extremely easy as you will have the option to register on the welcome screen. Just follow the instructions and provide the information requested.
This information will include the completion of a Know-Your-Customer process. Once it is completed, your account is created. That’s easy!
Step 3: Add Credit
Adding funds to your account is as easy as it gets. Just locate the “add money” section, choose your favorite method.
Follow the instructions as you would with any other online payment, and you are all set!
Step 4: Buy XTP
Now that you have funds, you can buy XTP. Just go to the home screen and choose the “Trade” option, select Tap (XTP), and then “Buy Tap.” You will now have the option to input how many XTP you want to buy and confirm the trade.
Once you do so, you will receive a confirmation email. Confirm the trade and your crypto will be immediately added to your wallet. It is official now; you are the proud owner of XTP.
Now that you know how to buy XTP using Tap, we can share some good news. Buying any other cryptocurrency supported by the platform is just as easy! With only 4 steps (or 2 if it is now your first time), you can start crypto trading.
The convenience, security, and speed the platform provides makes it a great option for any trader. This, in turn, benefits the token as more users start using the platform themselves.
The only aspect we are not fans of is the limited coin support offered by the platform. However, keeping in mind that some of the most popular cryptocurrencies are available, this is not a problem for most traders.
If you like what you have read so far and would like to start using Tap today, you can start doing so here. That being said, if you are not convinced, you might want to take a look at our other reviews. You might find that other platforms better suit your needs, after all!
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