Toobit review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Toobit suits active traders who want perpetual futures alongside spot and a coin list of 503 in a single place. It is a cex exchange operated by Hopeful Technology Co. Ltd. from KY, and it publishes proof of reserves next to its fee schedule for perpetual futures.
Key facts
- Best for
- Perpetual futures traders who want a long coin list and low trading fees.
- Taker fee
- 0.03% to 0.06%↗
- Coins listed
- 503↗
- Regulators
- Money Services Business (MSB) registration↗
- Fiat deposit methods
- Card↗
- Maker fee
- 0.006% to 0.02%↗
- Proof of reserves
- Yes↗
- Derivatives
- Yes↗
- Exchange type
- Cex↗
- Legal entity
- Hopeful Technology Co. Ltd.↗
- Headquarters
- Cayman Islands↗
- Founded
- 2022↗
- Support channels
- Email, Help-centre, Community↗
- Features
- Custodial
- Official website
- toobit.com
Facts checked September 26, 2026, 5 sources
Pros and cons
Pros
- Ranks 25 on coins listed among the brands compared here, so there is a wide spread of pairs to trade.
- Perpetual futures and other derivatives trade alongside spot orders on the same account.
- Proof of reserves is published, so the coins behind customer balances can be checked.
Cons
- Custody is custodial under Hopeful Technology Co. Ltd., so the coins sit with the platform rather than a wallet you control.
- Support runs on email, help centre and community only, with no phone line or live chat for urgent problems.
- Fiat deposits run through card only, with no bank transfer or SEPA option alongside.
Who it suits
- Traders who want perpetual futures and a coin list of 503 in the same account.
- Readers who want proof of reserves and a Money Services Business (MSB) registration registration on record before they deposit.
- Cost-minded futures traders, since taker fees of 0.03% to 0.06% and maker fees of 0.006% to 0.02% undercut 0.25% to 1.99% at bunq.
Who should look elsewhere
- eToro, for anyone who would rather accept taker fees of 1% than trade futures at 0.03% to 0.06%.
- bunq, where crypto taker fees of 0.25% to 1.99% run well above the futures rates here.
- Vivid Plus, where crypto costs 2.25%, if you are not looking to trade at all.
Fees and FX
The published schedule covers perpetual futures. Taker fees run 0.03% to 0.06% and maker fees 0.006% to 0.02%, so taking liquidity costs more than adding it and each range is narrow. The rates quoted are futures rates rather than a spot or card charge, and every range runs from the lowest rate published to the highest.
How Toobit compares
9.1 vs 9.5
9.1 vs 9.3
9.1 vs 9.4
9.1 vs 9.4
9.1 vs 8.5
9.1 vs 9.4
9.1 vs 8.7
9.1 vs 9.2A taker fee of 1% makes eToro the pricier venue for frequent orders than 0.03% to 0.06% at Toobit.
9.1 vs 9.4
9.1 vs 8.7
9.1 vs 9.3
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.2
9.1 vs 9.0
9.1 vs 8.6
9.1 vs 8.3
9.1 vs 9.4
9.1 vs 9.4
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.3
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.2
9.1 vs 9.1
9.1 vs 9.1
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 9.0
9.1 vs 8.9
9.1 vs 8.5
9.1 vs 8.4- 9.1 vs 8.0
Where Toobit is available
- Available
- United States
- Licence in United States
- Money Services Business (MSB) registration, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to trade on Toobit?+
The published schedule is for perpetual futures and sets taker fees at 0.03% to 0.06% with maker fees of 0.006% to 0.02%. Taking liquidity therefore costs more than adding it. Those futures rates are the headline numbers for the platform, and each range shows the lowest rate quoted alongside the highest.
Is Toobit regulated, and who runs it?+
The regulatory credential on record is Money Services Business (MSB) registration in the US, and the platform is operated by Hopeful Technology Co. Ltd., which lists KY as its home base. Founded in 2022, Toobit also publishes proof of reserves, so the coins held against customer balances can be checked.
Do I hold the coins myself?+
The account model is custodial, so Hopeful Technology Co. Ltd. holds the coins for you rather than assets sitting in a wallet under your own control. Simpler key management is the trade for relying on the platform to keep balances safe, and published proof of reserves supports that.
How do I put money in?+
Fiat deposits run through card, so funding an account before buying coins goes through a card. Once funded, a coin list of 503 is open to you, with perpetual futures sitting alongside spot orders on the same balance.
How many coins can I trade?+
The list covers 503 coins, which places Toobit 25 on coins listed among the brands compared here. A long list means more trading pairs, which matters most for traders who rotate between assets rather than holding a few main coins.
Does Toobit offer futures and other derivatives?+
Yes. Derivatives are offered, and the schedule that sets taker fees of 0.03% to 0.06% and maker fees of 0.006% to 0.02% covers perpetual futures. That makes it a venue for active trading rather than passive holding, and those rates sit well below 1% at eToro.
How do I reach support?+
Support runs on email, help centre and community, so questions go by email, through the help centre or into the community rather than down a phone line. The help centre covers the routine questions, while email is the route for anything touching an account or an open trade.
How risky is trading here?+
Crypto trading carries real risk, and retail losses across the products compared here run at a median of 70.15%. Toobit also runs a custodial account, so your balance depends on Hopeful Technology Co. Ltd. holding the coins securely as well as on the price of what you buy.
Sources
- coingecko.com/en/exchanges/toobit checked September 26, 2026
Backs: Coins listed, Founded, Exchange type, Regulators, Licences
“id=toobit; coins=503; pairs=508”
- defillama.com/cex/toobit checked September 26, 2026
Backs: Proof of reserves
“slug=toobit; category=CEX; tvl=73869264.94542235”
- toobit.com/en-US/support checked September 26, 2026
Backs: Fiat deposit methods, Support channels
“Bank card Pay with Visa or Mastercard ... Accepted Payment Methods Credit Card”
- toobit.com/en-US/support/perpetual-futures-how-are-future... checked September 26, 2026
Backs: Derivatives, Maker fee, Taker fee
“USDT-M Perpetual Contracts settled in USDT ... CoinGecko lists Toobit as a Centralized Exchange with Perpetuals and Futures tabs”
- toobit.com/support/toobit-terms-of-use checked September 26, 2026
Backs: Features, Headquarters, Legal entity
“The Virtual assets will be transferred to the Platform's address for an omnibus user account”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Toobit
Perpetual futures traders who want a long coin list and low trading fees.