Learn
__LOGO__SpreadRadar
__SEARCH__Esc

Bybit vs Toobit

Bybit and Toobit play the same game. The difference shows up in transfer costs and in where a position is calmer to hold.

SpreadRadar editorial · pryanik.io · · about authorship and sources

Compared by the numbers

All of it is pulled from the platforms as they publish it. Volume is the one figure we skip — the counting rules differ so widely that a side-by-side would mislead rather than inform.

BybitBybit ToobitToobit
USDT pairs389522
Futures contracts830371
Networks for USDT2010
Cheapest USDT withdrawal0.0700 POLYGON0.10 OPTIMISM
P2P currencies in our scanner89 currencies6 currencies

In short: the difference

How Bybit differs from Toobit

Bybit is a venue where contracts come before spot. On the market since 2018, jurisdiction: Dubai, UAE, its own MNT token.

Toobit is a derivatives terminal. On the market since 2022, jurisdiction: Seychelles, its own TBT token.

What Bybit gives you

Next to a derivatives terminal, Bybit answers with something else: An exchange built on derivatives, with one of the easiest terminals around. Spot, perpetual futures and options, P2P, Earn savings, copy trading with open statistics, bots and a card. Twenty networks are available for USDT withdrawals — the most we cover — and several carry no fee at all.

Where Bybit is strong

20 withdrawal networks, several of them free, an even book on the main pairs, transparent copy trading.

What Toobit gives you

The terminal is strong on contracts, but Toobit has its own ground: A young exchange leaning on derivatives: more than seven hundred USDT perpetuals against five hundred-plus spot pairs. P2P, copy trading, Earn savings and its own TBT token fill out the set. What sets it apart is how far withdrawal prices differ between networks — the widest spread we cover, so picking the right one saves real money.

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. Bybit 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. Bybit sits in Dubai, UAE, Toobit in Seychelles. It shapes both the checks you pass and what the venue has to disclose.
  • Native tokens. Bybit has MNT, Toobit has TBT: holders usually get fee discounts and access to launches.
  • Strengths side by side. Bybit: 20 withdrawal networks, several of them free, an even book on the main pairs, transparent copy trading; Toobit: 700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right.
  • Which job. Bybit is a natural second venue in a route: cheap transfers and predictable execution, while Toobit is for derivatives trading and for anyone who picks the network by price.
  • Worth remembering. Bybit: the spot listing is slimmer than the Asian venues with thousands of pairs. Toobit: coins bought on P2P become withdrawable the next day — plan around it.

Which one fits you

Who Bybit suits

Bybit — a natural second venue in a route: cheap transfers and predictable execution.

Who Toobit suits

Toobit — for derivatives trading and for anyone who picks the network by price.

What people ask most

Questions about Bybit

Bybit: Is the Bybit card available in Ukraine? Ukraine cannot be treated as a confirmed issuing region. The venue names Australia, Argentina, Brazil, Georgia, Kazakhstan, Mexico, Peru and parts of Asia. Whether you can apply shows in the account itself.

Bybit: What is the unified trading account? A mode where spot, futures and options share collateral. A coin bought on spot backs your futures position, and free funds never sit idle in a separate wallet — the whole balance works.

Bybit: How many USDT withdrawal networks are there? Twenty, more than any other venue in our review, and several of them are free. Live per-network prices are in the table at the top of this page.

Questions about Toobit

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.

Toobit: Which network is cheapest for USDT withdrawals? Neither Ethereum nor TRON: the BNB-based and Optimism networks come out cheapest, and the gap reaches hundreds of times. Exact values are in the table at the top of this page.

Toobit: Why is Toobit missing from the listings section? The exchange publishes announcements but does not expose them programmatically, and we will not retype them by hand: that data goes stale fast.

Both at once

When it makes sense to keep accounts on both Bybit and Toobit

Most people end up keeping both: one for daily trades, the other for what the first one lacks. 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 Bybit and Toobit prices side by side

Everything in the table above is recomputed together with the rest of the site — pairs, contracts, P2P, networks and the withdrawal fee. Bybit 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 Bybit and Toobit diverge the most

USDT leaves Bybit over 20 networks and Toobit over 10: the wider the choice, the easier a cheap bridge is to find. The longer contract list belongs to Bybit — 830 perpetuals, against 371. Moving USDT costs less on Bybit: 0.0700 over POLYGON, where Toobit wants 0.10 OPTIMISM. The spot lists differ by 1.3× — 522 USDT pairs on Toobit, 389 on the other side. In our scanner Bybit shows P2P in 89 currencies, Toobit in 6.

The source of these values

Pair counts, withdrawal networks, fee rates and the P2P currency list come from the exchanges own public interfaces. Where a venue withholds a field, the table shows a dash and an explanation.

When they were last updated

Snapshot from 13 November 2026; on the page the figures refresh on every visit.

Bybit ↗Toobit ↗

Frequently asked

Toobit or Bybit — which should you pick?
It is the same choice whichever way round you write it. The comparison above is built on what can be measured: fees, pair counts, withdrawal chains and funding routes. Look less at which venue is "better" in general and more at which of those matters to you.

Other comparisons and walkthroughs

The spread between Bybit and Toobit right nowCEX arbitrageBybit and Toobit futures: how far the contracts differFutures arbitrageBybit and Toobit funding rates side by sideFundingP2P rates on Bybit and Toobit: which is betterP2P ratesBinance or BybitThe biggest exchange in the world against the best derivatives terminal. A feature-by-feature look at what each one gives you.Bybit or OKXThe best derivatives terminal against the most complete ecosystem. A feature-by-feature look at where the line falls.Bybit or BitgetTwo venues that grew out of derivatives from opposite directions. A look at where the line falls.WEEX or ToobitTwo young derivatives-first venues. A look at what each one is useful for.Bybit or WEEXA mature derivatives venue against a younger, more flexible one. A look at what each one offers.Toobit vs KrakenChoosing between these two is not a matter of better or worse but of timing. On Toobit a new coin appears within days; on Kraken, after a review — and both of those speeds are what somebody needs.Binance vs ToobitAn all-rounder against a terminal: Binance has the deeper book and wider service set, Toobit the smoother contract trading.Bybit vs GateYou go to Gate for new listings and to Bybit for leverage. Picking one is rarely necessary — people keep both.How to trade on BybitAn exchange built on derivatives and licensed in Dubai: one of the best futures terminals, a unified account, and a record twenty withdrawal networks.How to trade on ToobitThe youngest venue in our review. What people come here for is the exact funding time on every contract.