10 reasons why traders are switching to Toobit in 2025

In a crowded crypto exchange market, Toobit is making waves with its security-first approach, global reach, and growing suite of trader-friendly tools.

With companies flooding the crypto market with new products every few weeks, it’s difficult for the average consumer to pick the best product for them. This is even more relevant in the case of crypto exchanges. With centralized, decentralized, and hybrid options now available, customers can often feel overwhelmed by the sheer number of choices in the market. This is where review articles like this one are helpful. Today, we’re taking a look at an up-and-coming crypto exchange that has caught the attention of the crypto community: Toobit Exchange. 

Overview

• Website: https://www.toobit.com/
• Sector: Centralized cryptocurrency exchange 
• Supported coins: Over 250 crypto tokens listed, including BTC, ETH, SOL, etc.
• Fees: Charges a tiered fee structure based on a maker-taker model. 
• Fiat support: Yes
• KYC-verification: Yes
• User support: 24/7 Live customer support
• Language support: 11 languages 

What is Toobit?

Launched in 2022, Toobit is a centralized cryptocurrency exchange that offers its users a range of trading services, including spot, derivatives, copy trading, and trading bots. Toobit boasts a presence in 100 countries with over 200k community members worldwide and 3 million active traders. 

With more than 1000+ trading pairs and over 20 billion in daily trading volume, Toobit has gained considerable traction in the crypto space. Toobit’s team is composed of tech experts, industry thought leaders, operations specialists, and security engineers from leading global exchanges, including Huobi, Bybit, and Xiaomi.

Based in the Cayman Islands, Toobit has investor support from ByBit, Huobi Ventures, Coda Ventures, C2 Ventures, and NEWVentures. In addition, the exchange provides active services in 11 different languages and has trader communities in the U.S., U.K., East Asia, and CIS. Toobit even has a dedicated Telegram Miniapp to keep its users informed of all the latest updates and news.

Let’s take a closer look at Toobit’s features in the next section.

Features

1. Split/Merged position modes: Toobit gives traders two ways to manage their positions: Split Mode and Merged Mode. In the Split Position, each order is split and managed independently. It allows for both long and short positions simultaneously and is suitable for multi-strategy trading. This method gives users higher flexibility and allows independent closing or adjustment of each position. Users can also set stop-loss and take-profit levels for each order separately. This mode is suitable for traders using multi-strategy and multi-directional trading. On the other hand, in the Merged Position, orders in the same direction are merged into one position. It is suitable for single-direction trading and simplifies position management. But the flexibility is on the lower end: users can only operate on the entire position. When it comes to risk control, users can only set stop-loss and take-profit levels for the entire position. This mode is suitable for investors with single-direction strategies who prefer simplified management.
2. Proof of reserves: Toobit backs user assets with $84 million in proof of reserves.

3. Low fees:  Toobit charges a tiered fee structure based on a maker-taker model. Tier levels include non-VIP, VIP 1, VIP 2, VIP 3, VIP 4, VIP 5, VIP 6. Fees are based on their 30-day trading volumes.

4. Trading tools: The platform has a fairly good collection of trading tools. Toobit makes it easy to deposit money and start trading, with support for fiat, spot trading on 1000+ pairs, and high-leverage USDT-M perpetual contracts up to 175x. Users can copy top traders, use trading bots, or set up custom strategies with API trading. Toobit supports over 40 zero-slippage copy trading pairs. The exchange also has a Lite Perpetual feature for beginners who want an easy entry point into futures trading.
5. Toobit convert: To further enhance the trading experience and convenience for its users, Toobit now allows users to convert their coins directly on the platform. This function is available for any cryptocurrency supported on the Spot Account conversion feature.
6. TradingView integration: Toobit has officially integrated its Futures trading platform with TradingView, which is one of the industry’s most trusted and feature-rich charting platforms. This strategic integration merges Toobit’s futures trading infrastructure with TradingView’s interface and analytical capabilities. The collaboration provides users with a smoother, smarter, and more data-driven trading experience.
7. Bonuses and referral programs: New customers will receive personalized incentives, including welcome bonuses, deposit rewards, and trading fee discounts. Specific campaigns vary but are designed to encourage a seamless onboarding experience. Toobit also offers a referral and affiliate program where users earn bonuses or commission for each successful referral, based on the referred user’s trading activity.
8. Toobit gifts: Toobit Gifts are now available on Telegram. With Toobit Gifts, users can send cryptocurrency as a thoughtful gift to their friends and contacts directly within the Telegram app. Toobit Gifts allows users to send spot cryptocurrency as a gift to any Telegram contact. What’s more, users can choose between two types of gifts: Standard Gift and Lucky gift. Standard Gift is an even split of a specified amount of cryptocurrency, while Lucky Gift is a random gift amount for a more exciting experience.
9. Trading automation: Toobit supports automated trading through tools such as DCA (Martingale), trading bots, as well as other algorithmic tools. It also offers advanced features such as AI copy trading, dynamic trend trading, one-click position closing, lite perpetuals, setting your own order capital, opening reverse contracts, and holding multiple positions with double directions. 
10. Institutional support: Institutional trading is fully supported with features like higher liquidity and other trading functions.

Security and trust

Security is Toobit’s biggest priority. Adhering strictly to international KYC (Know Your Customer) and AML (Anti-Money Laundering) standards sets Toobit apart in the crypto space. Additionally, Toobit implements robust 2FA via apps like Google Authenticator, SMS, or email. It also offers optional withdrawal whitelists so that users can restrict fund transfers to verified addresses only. All user account activities are monitored for suspicious behavior, and flagged accounts are automatically frozen.

To ensure asset protection, more than 95% of user funds on Toobit are stored in multi-signature cold wallets. Plus, Toobit regularly engages independent cybersecurity firms to conduct full audits of the platform. Toobit also maintains an internal insurance reserve specifically for the purpose of covering losses in case of unforeseen security incidents. 

Furthermore, Toobit’s backend is powered by advanced security analytics that continuously monitor for unusual trading patterns, access attempts, and system vulnerabilities. These systems are capable of flagging potential threats in real-time. This allows the Toobit team to respond immediately and prevent escalation. And because of these tight security measures, Toobit has never had a breach or security failure incident. 

Pros and cons

It’s clear that Toobit has a list of advantages that make it appealing to traders: from low trading fees to automation tools to strong security measures.

Moreover, it takes less than two minutes to sign up on its well-designed, user-friendly platform and make a deposit. Toobit also offers free tutorials, a detailed FAQ section, an Academy section, as well as 24/7 live support to help users familiarize themselves with the platform. Toobit’s mobile app has full trading functionality with alerts for price changes, trade volumes, and announcements. In addition, users can customize the portfolio view on both desktop and mobile dashboards for tailored insights.

However, Toobit is fairly new with less than three years of experience in the space. Some users might consider this a drawback. There are also user complaints on online forums about the delayed response from customer service. Toobit might need to improve its customer service to avoid user grievances in the future. 

Public review and verdict

Toobit’s proprietary trading app is currently available on the App Store and Google Play. The app has more than 500,000 downloads and currently has a 4.4 star rating on Google Play. On the Certified website, it has a score of 61 on 100. 

However, its TrustPilot rating is 2.8. But, there are several users on the site that gave the exchange five stars with testimonials such as “Toobit provides great adaptability during market shifts. Their expertise ensures my trades stay profitable, proving their reliability even in challenging conditions.” The exchange’s support team has also taken the time to respond to negative reviews, trying to solve their issues. 

Conclusion 

Toobit is, overall, an easy-to-use, well-designed platform with various offerings for both new and seasoned investors. Through a range of trading tools, it attracts all types of investors and seems to satisfy its users with gifts, bonuses, and rewards. Perhaps the most important of its features is its airtight security. With robust two-factor authentication, multi-signature cold wallets, and security analytics, Toobit is a step above the rest when it comes to prioritizing security. 

To learn more about Toobit, visit the official website and socials.