Launched in 2022, Toobit has rapidly established itself as one of the leading platforms in the global crypto trading industry. With a worldwide user base of over 3 million and a daily trading volume over $15 billion, Toobit is on its way of becoming the go-to trading platform for those seeking advanced trading functions in crypto trading.This review examines the range of services that Toobit provides, such as innovative risk management system, comprehensive features, robust security measures, and extensive international customer service.
Split vs Merged Position Mode: Tailored Trading tools for different types of users
One of Toobit’s distinctive features is The Split and Merged Position Modes, which enable users to select the approach that best fits their trading strategies.
Split Position Mode
Using this method, every order is handled separately, allowing for the highest degree of customization. Users are able to place long and short positions simultaneously, making it easier for them to implement various trading strategies. Every position may be closed or modified with individual stop-loss and take-profit settings, which is the perfect function for experienced traders seeking greater flexibility in risk management.
Merged Position Mode
For users who prefer simplified trading experience, The Merged Position Mode combines all orders in the same direction into a single position.This streamlined approach makes position management more straightforward, in which users can retain full control over their trading strategies and decisions.
Target Audience: The Split Position Mode is designed for traders with different trading strategies,while The Merged Position Mode is the best fit for traders who prefer a single and unified trading direction.
A Powerful Team and Global Footprint
Toobit is founded by a team of tech experts, security engineers, and industry leaders with backgrounds from top-tier platforms such as Huobi, Bybit, and Xiaomi. Backed by investors from Bybit, Huobi Ventures, Coda Ventures, and NEW Ventures, Toobit has rapidly expanded in over 100 countries and is supported by over 200,000 community members and more than 3,000 influencers.
The platform supports 11 languages and has been fostering active trader communities across the USA, UK, East Asia, and the CIS region.
Snapshot of Crypto Financial Reserves
According to direct exchange data, the current financial reserve of Toobit stands at $84,244,062.28. The reserves is primarily composed of USDC, BTC, and ETH, showing its emphasis on the stability of both fiat and digital currencies.
The largest share of Toobit’s financial reserves is held in USDC, totaling $20,002,951.13.
Bitcoin reserves are stored in multiple addresses, totaling 797.54 BTC. With the current BTC price at $69,713.80, the value of each address ranges from approximately $11 million to $4.53 million.
The current Ethereum reserves amount to 1,825.54 ETH, valued at $2,444.63 each, resulting in a total value of $4,462,778.73.
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Advanced Trading Tools and Zero-Slippage Copy Trading
Toobit is not merely a platform for users to buy and sell cryptocurrencies — it also offers different trading tools, including:
Futures Grid and DCA (Martingale) Bots
These tools enable traders to be less influenced by emotional factors and help them to make their entry points in the market.
Zero-Slippage Copy Trading
Toobit offers more than 40 zero-slippage copy trading pairs, allowing users to copy the trading strategies of professional traders with no delay, which help new and less active users achieve steady returns with ease.
Advanced Artificial Intelligence is also implemented in Copy Trading and Dynamic Strategy Selection.
Traders can benefit from AI-driven copy trading, innovative trend tracking techniques and various contract options to stay ahead in any market conditions.
TradingView Integration for Pro-Level Charting
Toobit seamlessly integrates with TradingView, allowing users to use high-quality charting tools, real-time market data and apply their customized indicators all within the Toobit platform. Users are able to perform technical analysis to make fast and informed trading decisions with ease.
Multiple Products, Zero Hidden Costs
Toobit offers a range of different financial products while ensuring a transparent and low-cost fee structure:
✔ Product Range:
- Spot and Perpetual Derivatives
- Copy Trading
- Trading Bots
- Demo Trading for learning
- Earn through staking (Fixed and Flexible)
✔ Fees:
- Account Creation: Free
- Trading Fees: 0.1% (Buy), 0.075% (Sell)
- Deposit Fees: $0
- Withdrawal Fees: Vary based on network
- No inactivity or transfer fees
Fiat On-Ramp: Uses third-party providers such as Simplex (1 USDT fee applicable).
User Experience: Smooth, Fast, and Informative
It only takes less than 2 minutes to sign up and deposit on Toobit.
The platform also provides services such as:
- Tutorials & FAQs
- Toobit Academy
- Customizable dashboards for mobile and desktop
- Alerts for price changes and volume spikes
- Multi-channel support via:
- Website
- App
- Telegram
With real-time assistance available 24/7, the exchange is highly accessible to users at all experience levels.
Security: A Robust Trading Environment
Security is the priority of Toobit. The platform offers a wide array of protections to safeguard users’ funds and data :
KYC & Login Security
- Mandatory 2FA (SMS, Email, 3rd-party apps)
- Device Recognition Alerts
- Security PINs
Wallet Protection
- Cold Wallets: Fully air-gapped, offline storage
- Hot Wallets: Minimal and securely monitored
- Multi-Party Computation (MPC): Distributes key fragments to avoid single points of failure
- Hardware Security Modules (HSMs): Protects cryptographic keys with physical hardware
Bee-Safe Technology
An in-house innovation combining:
- Proof of Reserves
- Scalable Infrastructure
- Regular Audits
- AES-256 Encryption
- AI Surveillance Tools
- Anti-Phishing Technology
Toobit has also partnered with Beosin and Elliptic, the leading security audit firms, to conduct smart contract audits.
As of now, no data breach incidents have occurred on Toobit.
Institutional & Developer Features
Toobit also serves professional and institutional users by offering:
- API integrations for algorithmic trading
- High liquidity access
- Customized order for capital settings
- Advanced automation tools
- Debit/credit card options via third-party providers
The platform allows automated strategies such as DCA, and portfolio management via APIs for algorithmic traders.
Earn, Convert, and DeFi Opportunities
Earn
Toobit offers Fixed and Flexible Staking products:
- Fixed Staking for higher, time-bound returns
- Flexible Staking with dynamic rates and liquidity
Convert
Instant crypto-to-crypto swaps are available at zero cost, making asset conversion simple and efficient.
● DeFi x NovaMeme
Through a partnership with NovaMeme, the first IDO platform on the Mantle ecosystem, Toobit users can:
- Gain early access to new crypto projects
- Participate in cross-chain token swaps
- Use both centralized and decentralized trading interfaces
Toobit Mini App & Gifting Feature on Telegram
In a unique move, Toobit has launched a Telegram Mini App that allows users to send and receive cryptocurrency directly without requiring wallet address.
● Gift Types:
- Standard Gifts: Equally divided among recipients
- Lucky Gifts: Random distribution
Claimed gifts go directly to users’ Spot accounts and can be withdrawn instantly.
Final Verdict: Is Toobit Worth It?
Toobit is a leading exchange known for its flexibility, top-quality security, and user-oriented features in the crypto industry. Offering services such as one-to-one copy trading, advanced order management, full TradingView integration, multi-layered security measures, and partnerships with leading DeFi projects, Toobit caters to both novice and experienced traders.
Whether you are a beginner or an experienced institutional trader, you can always find the most suitable features on Toobit.
Disclaimer: This is a paid post and should not be treated as news/advice. LiveBitcoinNews is not responsible for any loss or damage resulting from the content, products, or services referenced in this press release.
