# Toobit

- URL: https://brokerate.io/exchanges/toobit
- Updated: 2026-10-12
- Status: active
- Type: CEX (Spot), CEX (Derivatives)
- Founded year: 2022
- HQ country: Unknown
- Website: https://www.toobit.com
- Support URL: https://www.toobit.com/en-US/support
- KYC level: basic
- Fiat onramp: Yes
- Fiat supported: Unknown
- Available regions: Unknown
- Restricted regions: BY, CU, KP, IL, MM, SD, SS, SY, VE, YE, CN  Copy
- Confidence: 80
- Last verified: Unknown

Toobit is a centralized cryptocurrency exchange operating since 2022, offering spot trading, perpetual futures, copy trading, and other crypto trading services.

The platform provides access to cryptocurrency markets through its website and mobile applications. Its trading services include standard spot orders, leveraged derivatives, and copy trading for users who want to follow other traders' strategies.

Toobit offers a tiered trading fee structure based on account balances and trading volume. Standard perpetual futures fees start at 0.02% for makers and 0.06% for takers. Selected spot markets are eligible for a temporary zero-fee promotion, while other markets may have different rates.

The exchange publishes Proof of Reserves reports using a Merkle tree-based verification system. Users can independently check whether their eligible account balances were included in a published reserve snapshot. However, Proof of Reserves does not eliminate custody, operational, or counterparty risks.

Toobit supports multiple identity verification levels. Certain crypto trading activities may be accessible without completing full KYC, but withdrawals are subject to limits, compliance monitoring, and possible additional verification.

Important considerations: Toobit offers leveraged products that carry significant liquidation risk. Regional restrictions, changes to trading fees, and withdrawal verification requirements should be reviewed before depositing funds. Users should independently evaluate the exchange's regulatory status and security practices.

Toobit publishes trading fee schedules, account security documentation, and Proof of Reserves reports. Independent security assessments have also been disclosed. However, corporate jurisdiction, full financial liabilities, and the scope of customer asset protection require additional verification.