Toobit Exchange Attracts 3 Million Users With $20 Billion Daily Volume

Coin WorldTuesday, Jun 3, 2025 2:22 pm ET
3min read

Toobit, a cryptocurrency exchange launched in 2022, has rapidly gained traction with over 3 million active users and support for over $20 billion in daily trading volume. Backed by investors such as Bybit and

Ventures, Toobit aims to provide a full-featured, flexible, and secure trading platform for both casual users and institutional traders.

One of the standout features of Toobit is its dual-mode position management, which includes split mode and merged mode. Split mode allows each order to be handled independently, making it ideal for traders managing multiple strategies or holding opposing positions. Merged mode, on the other hand, combines positions in the same direction, simplifying portfolio tracking and execution for users who prefer a more streamlined approach. This level of flexibility is uncommon and adds significant value for both casual and advanced users.

Automation is a central component of Toobit’s platform, supporting Futures Grid and Futures DCA (Martingale) strategies. This allows traders to automate entry and exit points using predefined logic, which can be especially useful for those who want to avoid constant market monitoring while maintaining a disciplined trading approach. Additionally, Toobit offers more than 40 copy trading pairs with zero slippage, enabling users to follow professional traders and replicate their strategies without delays or hidden costs.

Toobit’s Spot market offers access to over 1,000 trading pairs, spanning top-tier tokens, emerging altcoins, and stablecoins. This depth allows users to find liquidity and trading opportunities across nearly every corner of the crypto ecosystem. The integrated Toobit Convert feature enables instant crypto-to-crypto swaps with zero fees and no slippage, designed for convenience and allowing users to exchange supported tokens at real-time market rates without using order books or placing manual trades.

Toobit Earn lets users earn passive income by staking digital assets through fixed and flexible products. Its inaugural offering included a 7-day USDT staking pool with a 100% APR on deposits between 1 and 500 USDT, capped at a total of 250,000 USDT in rewards. Today, Toobit Earn supports a variety of assets including USDT, USDC, BTC, ETH, SOL, and TON, offering fixed-term products with competitive rates. Flexible staking allows users to subscribe or redeem funds at any time, with interest calculated hourly and credited daily, providing liquidity while still generating stable returns.

Toobit maintains a competitive and transparent fee structure, with no fees for account creation, inactivity, or portfolio transfers. Buying crypto incurs a 0.1% fee, while selling comes with a 0.075% fee. Deposits are free, and withdrawal fees depend on the selected blockchain. Fiat on-ramps are supported via third-party providers with a flat 1 USDT fee. This structure is particularly well-suited for frequent traders and those managing tighter profit margins.

Security is a clear priority for Toobit, which has not reported any breaches to date. The platform employs multiple layers of protection, including mandatory two-factor authentication, cold wallet storage using air-gapped devices, AES-256 encrypted hot wallets with real-time monitoring, and proprietary Bee-Safe technology that includes routine audits, hardware security modules (HSMs), and scalable security architecture. The use of multi-party computation (MPC) eliminates single points of failure, and security audits and smart contract reviews are conducted by firms such as Beosin and Elliptic.

Toobit serves users in over 100 countries and supports 11 languages, with vibrant communities across the US, UK, East Asia, and the CIS region. Its network includes more than 3,000 influencers, helping grow its global visibility. For institutional clients, Toobit offers full API access for algorithmic trading, access to high-liquidity pools, customizable withdrawal limits, and specialized tools designed for high-volume trading environments. This dual focus makes Toobit accessible to beginners while also catering to professional trading desks.

Toobit offers a smooth onboarding experience, allowing new users to register and start trading within minutes. The platform includes clean and intuitive interfaces on both desktop and mobile, customizable portfolio views, real-time trade alerts, and 24/7 customer support through Telegram, WhatsApp, email, and the official website. Educational resources such as tutorials, FAQs, and a dedicated learning academy are also available.

Toobit introduces several extra tools that go beyond basic trading. The Telegram Gifts Mini App allows users to send and receive crypto gifts in either equal or randomized amounts, with funds going directly to the recipient’s Spot account and can be withdrawn anytime. The exchange has also partnered with NovaMeme, a DeFi fundraising platform, providing early access to token launches, cross-chain swaps, and leveraged opportunities across networks like Solana, Ethereum, and Binance Smart Chain. With the integration of TradingView into its platform, traders now have access to professional-grade charting and technical analysis tools directly in Toobit’s platform.

Toobit might be a relatively new entrant, but it offers a feature set that rivals more established exchanges. With customizable position management, built-in automation, reliable copy trading, and an advanced security framework, it caters well to both beginners and professionals. Although it currently lacks NFT marketplace support, that omission is unlikely to affect most traders. For users seeking a modern, well-rounded, and trustworthy crypto exchange, Toobit is a strong option worth exploring.