BingX
ToobitIn short: the difference
How BingX differs from Toobit
BingX is a venue built for leveraged trading. On the market since 2018, jurisdiction: Singapore, its own — token.
Toobit is an exchange with a strong futures side. On the market since 2022, jurisdiction: Seychelles, its own TBT token.
What BingX gives you
Next to a derivatives terminal, BingX answers with something else: A derivatives-leaning venue: nearly a thousand perpetuals against six hundred-plus spot pairs. Copy trading is the centrepiece here, more developed than on most, with statistics and trader rankings. There are spot bots, Wealth savings, P2P and cheap withdrawals — 0.01 on Aptos.
Where BingX is strong
mature copy trading, 990+ perpetuals, cheap withdrawals.
What Toobit gives you
The terminal is strong on contracts, but Toobit has its own ground: Derivatives come first here: over seven hundred perpetual contracts against USDT, with five hundred-plus spot pairs beside them. There is P2P, copy trading, Earn yield products and the TBT token. Its distinctive trait is how much the exit price depends on the network: the gap between cheap and dear is larger than at any other venue we cover.
Where Toobit is strong
700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right.
What decides it
Fees, withdrawals and limits: where the gap shows
- Age. BingX has run since 2018, Toobit since 2022 — a gap of 4 years. It guarantees nothing on its own, but the older venue has been through more market cycles.
- Jurisdiction. BingX sits in Singapore, Toobit in Seychelles. It shapes both the checks you pass and what the venue has to disclose.
- Native tokens. BingX has —, Toobit has TBT: holders usually get fee discounts and access to launches.
- Strengths side by side. BingX: mature copy trading, 990+ perpetuals, cheap withdrawals; Toobit: 700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right.
- Which job. BingX is for anyone trading futures and mirroring other traders, while Toobit is for derivatives trading and for anyone who picks the network by price.
- Worth remembering. BingX: a moderate spot listing — rare coins are usually found elsewhere. Toobit: coins bought on P2P become withdrawable the next day — plan around it.
Which one fits you
Who BingX suits
BingX — for anyone trading futures and mirroring other traders.
Who Toobit suits
Toobit — for derivatives trading and for anyone who picks the network by price.
What people ask most
Questions about BingX
BingX: How is copy trading here different? In how it is presented: BingX builds a public feed around trades where you can follow traders without copying them. The statistics are open — return, drawdown, style and history are all visible.
BingX: How can a VIP tier be reached faster? Besides volume, the venue accepts proof of status from another exchange, a trading history and asset value — that route can lift a user two tiers at once. A temporary pass grants a tier for a trial period.
BingX: How do Standard Futures differ from the ordinary ones? They are a separate product with a simplified interface and their own rules: position structure, leverage parameters, fees and liquidation rules of their own. They cannot be treated as the same thing as perpetual contracts.
Questions about Toobit
Toobit: What do contracts cost on Toobit? 0.02% maker and 0.06% taker at tier zero, 0.006% and 0.03% at the sixth. The fee is charged on the position notional and does not depend on the leverage chosen.
Toobit: What is the maximum leverage on Toobit? Up to 200x on selected crypto futures and up to 500x on gold within TradFi. In August 2026 the venue cut the maximum across 36 contracts at once to 50x, 25x, 20x and 10x, so the figure has to be read per instrument.
Toobit: When can a coin bought through P2P be withdrawn? The next day: a T+1 rule applies. For fast routes that limit is decisive — withdrawing straight after a P2P trade is not possible.
Both at once
When it makes sense to keep accounts on both BingX and Toobit
Nothing stops you from opening an account on both: it is free, and a pair of venues almost always beats any single one on price. Keeping both pays off on funding: the rate on the same pair diverges between venues, and that gap is exactly what a delta-neutral pair earns.
Live numbers
Live BingX and Toobit prices side by side
The table above is built from our own market snapshots: USDT pairs, perpetual contracts, P2P ads and currencies, withdrawal networks and the cheapest one. BingX and Toobit can be compared on facts rather than promises.
Where these numbers come from
Prices are read straight from the venues and refresh automatically. There is no averaged rate here: each exchange has its own, which is why both are shown side by side.
How often they refresh
Spot and futures every few seconds; fee tiers and withdrawal networks once a day.
What the numbers say
Where BingX and Toobit diverge the most
The cheapest chain for USDT sits on Toobit: OPTIMISM at 0.10, where BingX charges 0.15 BSC. Derivatives go to BingX: 971 perpetuals against 371. There is little to choose on spot: both carry around 577 USDT pairs. Our scanner reads P2P advertisements on BingX in 66 currencies and on Toobit in 6. For USDT withdrawals BingX offers 11 networks and Toobit offers 10; one extra chain is sometimes the whole saving.
The source of these values
Every value in the table is read from the venues themselves: pairs, networks, fee tiers, P2P currencies. We add no estimates of our own and spell out the fields that are missing.
Date of the last recalculation
Snapshot from 13 November 2026; on the page the figures refresh on every visit.
