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Toobit

How to trade on Toobit

The youngest venue in our review. What people come here for is the exact funding time on every contract.

SpreadRadar editors Updated November 12, 2026 6 minutes read about authorship and sources

Who it suits

For derivatives trading and for anyone who picks the network by price

Strengths

  • +700+ perpetuals
  • +P2P in dozens of currencies
  • +A notably cheap network if you pick right

Keep in mind

  • !Coins bought on P2P become withdrawable the next day — plan around it
Cheapest USDT withdrawal0.1USDTon OPTIMISM
USDT pairs521spot
Futures371perpetual contracts
USDT networks10to choose from
P2P6currencies
Live table

Networks, fees and status

Collected straight from the exchange. The fee is quoted in the coin itself and does not depend on the amount — splitting a withdrawal into parts only costs more.

NetworkFee relative to the dearestFeeDepositWithdrawal
opBNBcheapest0.02 USDTopenclosed
Aptos0.1 USDTopenclosed
Optimism0.1 USDTopenopen
TON0.15 USDTopenopen
Avalanche0.23 USDTopenopen
BSC0.3 USDTopenopen
Polygon0.35 USDTopenclosed
TRON1 USDTopenopen
Networks: 10 · deposits open on 10 · withdrawals open on 7
The venue

What Toobit is

Toobit is the youngest venue in our review: running since 2022, registered in the Seychelles, with TBT as its own token. Youth has an upside — the exchange was built for the market as it is now, with no decade-old legacy.

2013Gate, Huobi
2018Bybit, WEEX
2022Toobit
Toobit spot: order book and BTC/USDT chart
Toobit spot: order book and BTC/USDT chart
Services

What else is here beyond plain trading

Derivatives at the core, with the standard set around them.

Spot trading

Buying one coin for another or for USDT: plain trading, no leverage and no expiry.

521 pairs
Perpetual futures

Leveraged contracts with no expiry date. Funding is charged every few hours — you either pay it or receive it.

371 contracts
P2P

Buying crypto for ordinary money straight from people; the venue holds the coins in escrow until payment is confirmed.

6 currencies
Savings and staking

Yield on coins that just sit there: flexible, withdrawable at any moment, or locked for a term at a higher rate.

Copy trading

Mirroring a chosen trader's deals: their statistics are public and the position size scales to your capital.

Main draw

The exact funding time on every contract

Most exchanges show only the rate. Toobit also gives the exact time of the next payment, contract by contract. That lets you step in right before funding instead of holding a position for nothing.

Standard cycle: funding every 8 hours UTC01:58:38 to funding
00:0008:0016:0024:00
UsuallyYou know the rate but not the moment, so you hold a position for hours waiting.
HereYou see a timer to the next payment and step in right before it.

The countdown follows the standard eight-hour cycle. Some contracts run their own interval — the exchange shows the exact time next to the rate.

P2P

There is P2P here, with two caveats

Withdrawal the next day

Coins bought on P2P can only be withdrawn the following day. If you need to move them straight on, plan around it.

A thin market

Few currencies, and few offers on each — the price drifts from the market easily. Check the rate against our P2P scanner.

Transfers

Not Ethereum and not TRON: which network to pick

The familiar networks are far from the best value here. The gap to the cheap ones runs into the hundreds, and it shows in the live feed.

Optimism0.1 USDT
TON0.15 USDT
Avalanche0.23 USDT
Ethereum7.5 USDT
Every withdrawal via Optimism instead of Ethereum saves 7.4 USDT — whatever the amount. The only condition is that the receiving venue supports that network.
Money

Deposits and withdrawals

The simplest way in is P2P: pick an offer, pay the seller by card, and they release the crypto from escrow. While the trade runs the coins stay frozen and the exchange holds them.

P2P on Toobit: offers, limits and payment methods
P2P on Toobit: offers, limits and payment methods

Fund through P2P the usual way in

1Pick an advertby price, limits and payment method
2Send the money to the sellerthe details are in the deal window
3The seller releases the crypto from escrowthe coins land in your account
The exchange acts as guarantor: while the deal runs, the coins are frozen and the seller cannot take them back.
P2P rates →

Withdraw over a network the price depends on the network

This is where most money is lost to carelessness: the transfer price depends on the network, not on the amount.

Optimism0.1 USDT
TON0.15 USDT
TRON1 USDT
Ethereum7.5 USDT
×75the gap between the cheapest and the dearest USDT network, from the table above
Fees

Spot is free — but not all of it

Since 26 June 2026 ordinary spot trading on Toobit costs nothing — maker and taker alike, at all seven tiers. That is the headline fact about the venue's pricing.

There is an exception that is easy to miss until the first bill, though. Assessment-zone pairs form a separate category with a grid of their own.

TierMakerTaker
VIP 00.0750%0.1000%
VIP 10.0700%0.0900%
VIP 20.0600%0.0800%
VIP 30.0350%0.0600%
VIP 40.0200%0.0500%
VIP 50.0150%0.0450%
VIP 60.0125%0.0375%

The grid for assessment-zone pairs. On ordinary spot pairs the fee has been zero at every tier since 26 June 2026.

The difference matters: a 10,000 USDT trade on an ordinary pair costs nothing, while the same trade on an assessment-zone pair costs 7.5 USDT as maker or 10 as taker. Before the first trade in a new coin it is worth checking its category.

Contracts carry no zero rates: 0.02% maker and 0.06% taker at tier zero, 0.006% and 0.03% at the sixth. A 10,000 USDT position costs 2 and 6 USDT respectively.

TierMakerTaker
VIP 00.02%0.06%
VIP 10.02%0.05%
VIP 20.014%0.04%
VIP 30.012%0.0375%
VIP 40.01%0.035%
VIP 50.008%0.0315%
VIP 60.006%0.03%

Rates as published by the exchange on the check date; the tier is recalculated automatically. The table covers perpetual contracts, the TradFi line included. A tier is granted on asset balance, contract volume or spot volume — one condition suffices, recalculated daily at 00:00 UTC.

A tier is granted on any of three conditions

Asset balance, 30-day contract volume or spot volume — one is enough. Tier one starts at $500 on the balance, or 3 million of contract volume, or 100 thousand on spot. Tiers are recalculated daily at midnight UTC, and sub-accounts inherit the main account's tier with their volumes counting toward the total.

The fee follows the part actually filled: a cancelled order costs nothing, and a partial fill is charged per piece. Leverage does not change the rate — at the same notional the fee is identical.

Important

Leverage: 200 on crypto, 500 on gold

A publication of 16 September 2026 puts the maximum on selected crypto futures at 200x and on gold within TradFi at 500x. Those are different products, and the 500x figure does not belong in the crypto futures column.

Even 200x is not a general rule. In a notice of 25 August 2026 the venue cut maximum leverage across 36 perpetual contracts at once, setting 50x, 25x, 20x and 10x on some of them. The real figure always lives in the contract's own parameters.

In detail

Contracts and event contracts

The range runs wider than usual: perpetuals settled in USDT and USDC, a simplified format, a TradFi line with metals, shares and indices, and separately — event contracts.

Those last work on a fundamentally different model: you pay a premium per contract, there is no margin and no liquidation, the maximum loss equals the amount paid, and the payout depends on whether the call was right. Per the guide, one contract costs between 2 and 50 USDT. A separate prediction-market category sits alongside and should not be merged with event contracts: their settlement rules and payout models differ.

Money

P2P: launched in 2026, with a next-day rule

P2P here is young — launched on 10 April 2026. The platform fee is zero on buying and selling, the seller's coin is escrowed until payment is confirmed, and over a hundred payment methods are advertised.

Using it requires verification, a bound email and phone and acceptance of the P2P terms, and the payment account holder's name must match the one on your documents.

Coins from P2P can only be withdrawn the next day

Crypto bought through P2P becomes withdrawable on a T+1 basis — the day after the trade completes. For a route where speed matters that is a decisive limit: buying cheap here and moving the coin straight to another venue will not work.

The launch notice listed fifteen currencies: dollar, euro, pound, yen, yuan, real, rupee, rouble, ringgit, lira, Canadian and Australian dollars, riyal, peso and rand. Support for over thirty is advertised, but that notice carries no full list. The hryvnia is not among the fifteen — which does not prove it is absent today, but it should not be recorded as supported without checking the filter.

Services

The rest

Copy trading, trading bots, Earn, conversion, a section of its own for on-chain trading, and a protection fund the venue presents as a guarantee over client funds.

Reward over the term3.29 USDT
Per day0.11 USDT

We use the exchange's own formula: amount × rate ÷ 365 × term. Put in the rate you see in your account — it changes.

Verdict

Who it suits

Funding traders

The exact payment time on every contract.

People after a newer venue

Generous starter programmes for new users.

People who pick networks on price

The gap between networks here runs into the hundreds.

A similar venue is WEEX: two young exchanges leaning on derivatives. Compare →

FAQ

Frequently asked

Is spot trading on Toobit really free?+

On ordinary spot pairs, yes — the fee has been zero at every tier since 26 June 2026. Assessment-zone pairs run on a separate grid, though: 0.075% maker and 0.10% taker at tier zero.

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.

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.

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.

Does Toobit support the hryvnia in P2P?+

The P2P launch notice lists fifteen currencies and the hryvnia is not among them. Support for over thirty is advertised but no full list was published — check the P2P filter.

How does Toobit help with funding?+

It publishes the exact time of the next payment for every contract, which most exchanges do not. That lets you step in right before funding instead of holding a position for nothing.

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.

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.

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.

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.

Methodology and principles of analytical processing

Forming and structuring the data

The analytical system brings disparate market information together into a single structure, accounting for the specifics of trading directions and the individual characteristics of each platform. That keeps the presentation consistent and the key parameters comparable.

Criteria for forming the results

Forming the analytical selection takes into account the completeness, availability and reliability of the source information. Parameters that meet the established processing and confirmation criteria are included in the calculations. Insufficiently substantiated values are not used in the final results.

Currency of the analytical information

The information presented is kept current through regular refreshing and reconciliation of the analytical parameters. How often that happens is determined by the nature of each category of data and the way it is processed.

Comparisons

Toobit or another exchange

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orToobit or Gate

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orToobit or BingX

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orToobit or LBank

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orToobit or Phemex

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orToobit or XT.com

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orToobit or KCEX

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orToobit or Ourbit

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orToobit or BigONE

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orToobit or Crypto.com

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orToobit or Hotcoin

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orToobit or Pionex

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orToobit or HIBT

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orToobit or Zoomex

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orToobit or Bitunix

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orToobit or xRocket

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orToobit or BloFin

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orToobit or CoinW

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

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orToobit or Coinstore

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orToobit or Deepcoin

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Toobit in our scanners: the spot spread, the futures gap, funding rates, P2P rates.

Other reviews

Other exchanges

LBank

Running since 2015, with early listings as its signature: new coins often appear here before they reach the large venues.

Read the review
Kraken

One of the oldest exchanges in the world and one of the few quoting in real bank dollars rather than a stablecoin. Running since 2011 under US regulation.

Read the review
WhiteBIT

A European exchange with Ukrainian roots: direct euro and hryvnia pairs with no USDT in between, a flat fee and its own WBT token near the top of the market.

Read the review
Phemex

A derivatives venue built by people from bank trading desks: a fast engine, a tidy listing and a precise funding interval on every contract.

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Venue names on this page link to the exchanges through affiliate links: if you sign up through them, we earn a commission from the exchange. It changes nothing in the tables or in the review — those are collected automatically and identically for every venue.