In short: the difference
How Toobit differs from BloFin
What Toobit is: an exchange with a strong futures side. On the market since 2022, jurisdiction: Seychelles, its own TBT token.
What BloFin is: an exchange that lives on leverage. On the market since 2023, jurisdiction: Marshall Islands.
What Toobit gives you
Next to a derivatives terminal, Toobit answers with something else: 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 BloFin gives you
The terminal is strong on contracts, but BloFin has its own ground: Running since 2023 and built around contracts: 528 of them against 504 spot pairs. The 0.02/0.06% futures rate undercuts most venues, and discount tiers are granted on any one of three conditions rather than all at once. Funding rates arrive in a single response, which is rare.
Where BloFin is strong
funding rates for every contract in one response, low futures fees, a network reference with withdrawal fees for 503 coins.
What decides it
Fees, withdrawals and limits: where the gap shows
- Jurisdiction. Toobit sits in Seychelles, BloFin in Marshall Islands. It shapes both the checks you pass and what the venue has to disclose.
- Native token. TBT on Toobit cuts fees and opens launches; BloFin has no such lever.
- Strengths side by side. Toobit: 700+ perpetuals, P2P in dozens of currencies, a notably cheap network if you pick right; BloFin: funding rates for every contract in one response, low futures fees, a network reference with withdrawal fees for 503 coins.
- Which job. Toobit is for derivatives trading and for anyone who picks the network by price, while BloFin is as the futures leg against spot and as a funding rate source.
- Worth remembering. Toobit: coins bought on P2P become withdrawable the next day — plan around it. BloFin: no contract addresses, thinner spot liquidity than the top five, and a website that sometimes asks for a browser check.
Which one fits you
Who Toobit suits
Toobit — for derivatives trading and for anyone who picks the network by price.
Who BloFin suits
BloFin — as the futures leg against spot and as a funding rate source.
What people ask most
Questions about Toobit
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.
Toobit: How long has Toobit been running? Since 2022, registered in the Seychelles — the youngest venue in our review. We would not advise holding long-term balances on an exchange, here or anywhere.
Toobit: Does Toobit have P2P? Yes, but the market is thin: few offers per currency, and the price drifts from the market easily. Coins bought on P2P are withdrawable the next day.
Questions about BloFin
BloFin: What are BloFin fees? Futures cost 0.02% maker and 0.06% taker for a regular user, spot costs 0.1%. By tier the maker rate falls to zero and the taker rate to 0.035%.
BloFin: What are the USDT withdrawal fees? TRON — 1 USDT, Ethereum — 0.5, BNB Chain — 0.15, Polygon — 0.05, Solana — 0.5, Arbitrum — 0.2. We collect the full reference for 503 coins ourselves and show it in the table at the top of this page.
BloFin: How are BloFin tiers different? They use "or" instead of "and": a tier is granted for futures volume, or spot volume, or the balance on the account. Most exchanges require all conditions at once.
Both at once
When it makes sense to keep accounts on both Toobit and BloFin
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 Toobit and BloFin prices side by side
The figures above do not come from marketing pages: we compute them from the same market snapshots as the rest of the site. Toobit and BloFin 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 Toobit and BloFin diverge the most
On the cheapest chain BloFin charges 0.0500 for USDT via POLYGON; the same move on Toobit runs to 0.10 OPTIMISM. The futures list runs longer on BloFin: 505, against 371. USDT leaves BloFin over 12 networks and Toobit over 10: the wider the choice, the easier a cheap bridge is to find. Of the pair, only Toobit feeds our P2P scanner, 6 currencies. The spot lists are comparable: roughly 513 USDT pairs on each.
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.
Date of the last recalculation
Snapshot from 12 November 2026; on the page the figures refresh on every visit.
Toobit
BloFin