A Look At The Toobit Exchange And What It Offers

• Toobit is a fast-growing exchange that continues to make waves in the crypto industry.
• The exchange features many advanced offerings like innovative trading tools, customer support, and welcome bonuses for newcomers.
• The exchange has over $15 billion in daily trading volume with a presence in over 100 countries.
• It offers 24/7 support to traders in major languages like English, Spanish, Portuguese, Russian, Polish, and more.

Toobit has been making waves in the crypto industry since its launch in 2022. at first glance, its user-friendly interface holds some of the best tools for traders of any skill level.

Here’s a closer look at what Toobit offers compared to other exchanges. We will also go through other aspects of its operations. What is its customer support like? What tools does it offer, and why does it stand out from the rest?

Key Features & Functionality

To start with, Toobit’s set of features is as competitive as possible. Everything from its trading tools to its customer support is designed for any kind of trader. Its target customers are casual/retail traders and even institutional ones. Here’s a closer look at what it offers:

1. Trading Tools 

Toobit excels when it comes to the most advanced trading tools. Whether you’re into futures/grid trading or other methods, this exchange has something for you.

The platform also offers more advanced features like zero slippage copy trading— a major plus for players looking to mimic successful traders without worry.

2. Flexible Position Management 

Another standout feature of Toobit is its flexibility in position management. This feature allows trading via split or merged positions, depending on the trader’s style.

In the split position mode, each order is flexible because it is managed independently. On the other hand, players who prefer to band trades together tend to appreciate the merged position mode.

3. Copy Trading & Automation 

What’s a modern crypto exchange without some degree of automation? Toobit offers zero-slippage copy trading—a great choice for traders who either lack the skills or the time to trade for themselves.

The platform is also great for automated trading strategies like Dollar-Cost Averaging or DCAing. DCA allows anyone to correctly manage risk by automating their buy trades.

It removes the need to constantly monitor the market and makes crypto investment easier. Said feature comes in handy, especially during bear markets or dips.

4. Bonuses & Referral Programs 

Aside from all the advanced features, newcomers also get some of the best bonuses. New sign-ups receive freebies like deposit rewards and trading fee discounts.

Even better, Toobit has some of the best referral programs. Players who take advantage of this have a chance to earn a commission based on the trading activity of their referees.

Liquidity & Market Presence

Toobit’s liquidity is simply impressive. It has over $15 billion in daily trading volume, along with a strong presence in over 100 countries.

The platform supports more than 600 trading pairs catering to a wide audience. So, whether you’re trading crypto or derivatives, there is no shortage of assets to explore.

Its institutional support for large traders also comes with high liquidity. Developers and businesses will even appreciate its APIs, making Toobit an attractive option for any kind of user.

Security Features You Can Trust

Security remains a top priority for Toobit. The exchange simply makes sure that funds and user data are safe.

It features two-factor authentication (2FA), providing an extra security layer. This is alongside its hot/cold wallet storage, which keeps funds out of the hands of hackers.

Toobit’s Bee-Safe technology also has great security in place, like the AES-256 encryption and anti-phishing protection. It even employs a Proof of Reserves (PoR) system and regular security audits.

What You Need to Know About Trading on Toobit?

One more attractive feature of Toobit is its fees. The platform offers attractive fees to both beginner and experienced traders. Toobit even ensures all costs remain affordable, regardless of how often traders engage.

Users should remember that Toobit does not support NFT minting or buying. However, if you’re looking for an exchange with a sole focus on crypto and derivatives, Toobit is a solid choice.

Another aspect to keep in mind is the deposit and withdrawal limits. To start with, Toobit features no deposit limits. On the other hand, withdrawal limits depend on the user’s verification tier.

This means that withdrawal privileges depend on the user’s level of verification. Institutional users can even adjust their withdrawal limits on request.

Global Reach & Language Support

Toobit has a community of over 200,000 members and more than 3 million active traders. Considering this level of growth, its services are available in over 10 languages. These include English, Indonesian, Portuguese, Russian, and Spanish—among others. 

This wide language support is also available 24/7 through various channels like email, Telegram, WhatsApp, and even its mobile app. Toobit understands the importance of information and has learning resources available to everyone.  

Its tutorials, FAQs, and comprehensive Academy are always available to help anyone learn about the best trading strategies. Additionally, the app is fully functional with everything from price alerts to real-time notifications.