Toobit Review 2026
Registered exchange with real regulatory records.
Toobit is a crypto exchange founded in 2022. It holds a CIMA (Cayman VASP) registration on the public register.
The record
On file, Toobit traces to 2022, with its operating base recorded in Cayman Islands. Ownership is private, and no equity trades on a public exchange. The order book covers 501 coins and trading pairs, spanning spot and, where a jurisdiction permits, derivatives. The mandate stays inside crypto, spot and derivatives, nothing more.
Execution runs through Toobit's own web, mobile and API stack. No copy-trading layer is offered on the platform.
Toobit is where the future of crypto trading unfolds, an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure,
| Founded | 2022 |
| Headquarters | Cayman Islands |
| Listed coins | 501 |
| Trading pairs | 506 |
| Exchange type | Centralized (CEX) |
| CoinGecko trust score | 8/10 · global rank #25 |
| 24h volume | 20,152 BTC |
| Platforms | Web, iOS, Android, API |
| Copy trading | No |
| Official channels | Twitter/X · Telegram · Reddit |
Custody & proof
Registration with CIMA (Cayman VASP) places the exchange on an official public register, subject to that authority's AML and conduct rules. Confirm the current status directly on the regulator's own register.
| Regulator | Licence | Entity |
|---|---|---|
| CIMA (Cayman VASP) | Registered ✓ | Toobit |
Cross-check the CIMA (Cayman VASP) entry yourself at oracl8.com. Each record returns the licensed entity, its current authorisation state, and the exact activities it is cleared to run, a lookup that costs about a minute.
Fee schedule
The rates below are the standing fees on Toobit. Both sides of the book move with your rolling 30-day volume, and holders of the venue's native token typically settle at a discount.
| Taker fee | 0.2% |
| Maker fee | 0.10% |
| BTC/USD trading fee | 0.2% |
| ETH/USD trading fee | 0.2% |
| Withdrawal cost | Network fee only (varies by coin) |
At 0.2%, the Toobit taker fee reads in line with the regulated retail field.
Withdrawals, cost and timing
Fee: None. Toobit does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.
No payout clears until identity checks are settled. An account still short of full verification, identity and address on file, will see the timeline stretch. Once a record is complete, payouts track the figures above.
Minimum deposit, entity by entity
What you must fund to open depends on which Toobit entity your country routes to. Offshore books tend to set the bar lower, in exchange for thinner regulatory cover.
| Entity | Regulator | Min deposit | Max leverage |
|---|---|---|---|
| Toobit | CIMA (Cayman VASP) · Registered | None | 1:1 |
Toobit vs Bitfinex
| Toobit | Bitfinex | |
|---|---|---|
| Primary regulator | CIMA (Cayman VASP) Registered | El Salvador DASP Registered |
| Min deposit | None | None |
| Taker fee | 0.2% | 0.1% |
| Listed coins & pairs | 501+ | 65+ |
| Copy trading | No | No |
| Withdrawal fee | None | Varies |
Both records check out as registered venues. The case for Toobit rests on its platform and the breadth of its coin list; Bitfinex pulls ahead where a trader weighs a lighter fee schedule more heavily.
Registrations on file
| CIMA (Cayman VASP) | Registered, Toobit |
For retail accounts across the EU and UK, leverage on crypto derivatives is held to 1:1 by local rule.
Strengths and weak points
What works
- CIMA (Cayman VASP) regulated
- No minimum deposit
- No inactivity fee
- Low taker fee from 0.2%
- 501+ coins & trading pairs
What does not work
- No tier-1 registration on file (FCA, MAS, NYDFS or MiCA)
- No copy trading
The verdict
The records place Toobit as a registered, operating crypto exchange, CIMA (Cayman VASP) Registered confirms on the public file. The best fit is traders who want 501 coins and pairs reachable through a registered venue. Score: 4.0 out of 5.
Alternatives to Toobit
Should Toobit miss the mark, the registered venues below are worth setting side by side:
Frequently asked questions
Is Toobit safe?
Registration with CIMA (Cayman VASP) places the exchange on an official public register, subject to that authority's AML and conduct rules. The CIMA (Cayman VASP) record sits on the official register in public view, open to anyone who wants to confirm it.
What is the Toobit minimum deposit?
None covers the primary regulated entity. Offshore books can set a different bar, so the entity table above is the place to read the figure that applies to your country.
What is the Toobit trading fee?
On the record, Toobit charges about 0.2% to take and 0.10% to make. The schedule tapers as 30-day volume climbs, and native-token holders usually clear at a reduced rate.
How long does Toobit take to process withdrawals?
Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.
Does Toobit charge withdrawal fees?
None. Toobit does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Toobit have an API?
Yes. Beyond its web and mobile front ends, Toobit exposes a public REST and WebSocket API, the hook for automated strategies, custom bots, and outside portfolio tools that read from an account.