Toobit Review 2026
Learn more about TU’s methodology
- $5
- Toobit proprietary browser platform
- High level of security, Zero Slippage copy-trading Pairs supported, multiple trading tools (Futures Grid and Futures DCA(Martingale))
Our Evaluation of Toobit
Learn more about TU’s methodology
Toobit is a moderate-risk cryptocurrency exchange with the TU Overall Score of 6.17 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Toobit clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews.
Toobit is a centralized cryptocurrency exchange offering both spot and derivative trading with leverage. It includes simplified perpetual contracts (Lite Perpetual), copy trading, and support for trading bots. The platform is built around a TradingView-integrated terminal and supports API connectivity. Mobile apps are available for both iOS and Android. Security measures include cold storage and two-factor authentication.
How we tested Toobit
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Toobit
Toobit is a modern cryptocurrency trading platform offering a wide range of trading tools and services. Users can trade popular cryptocurrencies like Bitcoin, Ethereum, and various altcoins. Toobit is committed to providing a secure and user-friendly environment for traders of all experience levels.
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- A wide selection of cryptocurrencies for trading.
- High-security standards, including two-factor authentication and cold storage of assets.
- Low transaction fees.
- An intuitive interface is suitable for both beginners and experienced traders.
- Not available for all countries.
TU Expert Verdict
Chief Analytics Officer
Toobit is a centralized cryptocurrency exchange that provides access to trading 354 cryptocurrencies, including Bitcoin and Ethereum, via a proprietary browser platform and mobile apps for iOS and Android. The platform features both spot and derivative trading with leverage up to 1:150, along with copy trading and basic algorithmic tools such as Futures Grid and Futures DCA. Toobit integrates security measures like two-factor authentication and cold asset storage, offers a user-friendly interface, and maintains minimum deposits starting at $5, while supporting several fiat and crypto funding methods.
However, a notable drawback is that Toobit is not regulated by any government authority, meaning users do not receive investor protection or Tier-1 regulatory oversight. Additional disadvantages include above-average futures trading fees, the absence of bank transfers and P2P transaction options, limited passive income features such as no staking or yield farming, and no desktop application. Toobit may appeal to users seeking a wide selection of cryptocurrencies and intuitive web or app trading, but it may not be suitable for traders who prioritize regulatory protection, cost efficiency, or advanced deposit and withdrawal flexibility.
Toobit Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Toobit proprietary browser platform |
|---|---|
| 📊 Accounts: | Cryptocurrency accounts |
| 💰 Account currency: | USD, BTC, ETH, and others |
| 💵 Deposit / Withdrawal: | Bank accounts and cards, crypto wallets |
| 🚀 Minimum deposit: | $5 |
| ⚖️ Leverage: | Up to 1:150 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | No minimum order size |
| 💱 Commission: |
Spot: 0.2%-0.2% Futures: 0.04%-0.06% |
| 🔧 Instruments: | 354 supported coins, Futures, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | App available for iOS and Android |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Limit order, Market order |
| ⭐ Trading features: | High level of security, Zero Slippage copy-trading Pairs supported, multiple trading tools (Futures Grid and Futures DCA(Martingale)) |
| 🎁 Contests and bonuses: | No |
Toobit offers trading conditions suitable for both institutional and retail investors. It is a unified platform that allows trading in various cryptocurrencies and derivatives from a single account. Additionally, the platform supports copy trading, enabling less experienced traders to benefit from the strategies of more successful and experienced ones.
Toobit Key Parameters Evaluation
Regulation and Safety
With a 5.5/10 score, Toobit demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Facial recognition
- 2FA
- Cold wallet storage
- No successful hacks history
- Not government-regulated
- Not tier-1 regulated
- Not U.S regulated
Toobit Security Factors
We also compared Toobit against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Toobit | Kraken | Coinbase | |
| Tier-1 regulation | No | Yes | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | Yes | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Toobit a regulated crypto exchange?
Toobit is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Toobit is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at Toobit?
Yes, KYC verification is mandatory at Toobit. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Toobit available in the USA?
Toobit is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
Toobit commissions and fees
Toobit received a 4.5/10 score for its commission structure, indicating that its fees are higher than the market average based on an evaluation of over 100 cryptocurrency exchanges.
- No deposit fee
- Futures fees above industry average
What are Toobit trading fees?
We analyzed Toobit’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Toobit trading fees vs competitors
| Toobit | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.2 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.2 | 0.22 | 0.2 | 0.194 |
| Futures, maker fee(%) | 0.04 | 0 | 0 | 0.024 |
| Futures, taker fee(%) | 0.06 | 0 | 0.053 |
What are Toobit deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0004 ВТС 0.0044 ЕТН |
Does Toobit offer P2P trading?
No, Toobit does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
Toobit received a 5/10 rating for its deposit and withdrawal services. While Toobit covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Google Pay supported
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- No support for bank card payments
- Withdrawal fee applies
Deposit and withdrawal options
Toobit supports the following deposit and withdrawal options: Crypto, Advcash Wallet, Google Pay, Apple Pay.
Toobit Deposit and withdrawal options vs competitors
| Toobit | Kraken | Coinbase | |
| Bank transfers | No | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is Toobit minimum deposit?
The minimum deposit at Toobit is 5 USD/USDT or 5 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Toobit minimum deposit vs competitors
| Toobit | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 5 | 10 | 10 |
| Minimum deposit, BTC | 5 | 1 | 1 |
| Minimum trade amount, USD/USDT | 1 | 1 | 2 |
Does Toobit support fiat money?
Toobit supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Toobit received a score of 6.5/10 in this category, reflecting a solid selection of tradable assets and markets. Toobit supports 354 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Fiat currencies supported
- Crypto copy trading available
- Crypto futures available
- NTFs not available
- Crypto options not available
Toobit supported coins and markets vs competitors
We compared Toobit with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Toobit | Kraken | Coinbase | |
| Supported coins | 354 | 278 | 249 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
Toobit passive income options vs competitors
We also compared Toobit with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Toobit received a score of 8/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.
- Mobile indicators allowed
- Strategy sharing with Copy Trading
- Android app score 4.5
- Fast and secure login with Face ID
- Advanced orders not available
- No standalone desktop access
- No access to TradingView features
Trading apps
Toobit provides web and mobile apps for both Android and iOS users, with an average rating of 4.9 on the App Store and 4.5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Toobit platform is for mobile use.
| Toobit | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | Yes | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | Yes | No | No |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does Toobit offer a desktop app?
No, Toobit does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Toobit offer advanced charting with TradingView integration?
No, Toobit does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Official site | https://www.toobit.com/en-US |
|---|
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