Dear Tapbit Users,
Safeguarding user assets and maintaining a fair trading environment have always been Tapbit's top priorities.
To further enhance platform security and ensure the equitable distribution of rewards, we are implementing a significant upgrade to our risk control system and KYC verification processes. This upgrade introduces an intelligent, dynamic identity verification mechanism with the following adjustments:
We have optimized our risk identification algorithms to more accurately intercept unauthorized operations, bot activities, and potential high-risk behaviors, thereby creating a cleaner trading environment for genuine users.
With this upgrade, intelligent security scans have been added to the key business scenarios, including but not limited to coupon redemption and withdrawals.
- For the vast majority of users with good standing, operational processes remain unchanged, with no additional steps required.
- Facial recognition (liveness detection) will be triggered at any time when the system detects environmental risks or abnormal account activity to confirm user identity.
We understand that excessive verification can impact user experience, which is why this mechanism only activates when necessary. This is to prevent malicious accounts from exploiting reward pools meant for genuine users and to protect the rights of every real user.
Thank you for your understanding and continued support. We remain committed to optimizing our products to provide you with a safer and smoother crypto trading platform.
Tapbit Team