Toobit

toobit.com ↗

Spot and contract markets with trigger and linked order controls

SI Score
80/100
Pricing
Pay-As-You-Go AI reading, not confirmed
Free plan
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Ask SI about Toobit

Answers use saved listing facts and recorded sources.
Homepage screenshot
Screenshot of the Toobit homepage

What it does

Toobit offers spot trading, Convert and perpetual-contract markets. Standard spot pairs currently have zero trading commission, while Innovation Zone pairs and futures follow separate charges. A registered account is required, and identity checks depend on the service.

A Trigger Order separates the activation price from what happens next. On Toobit, it can submit a market or limit order once the condition is met. One-cancels-the-other (OCO) links a limit order and a stop-limit order so execution of one cancels the other. OCO supports limit execution only, and either leg can remain unfilled in a thin or fast-moving market.

On the website, open Trade, then Spot, choose a pair from the left-hand list and fill the buy or sell panel. Limit needs a price and amount; Market uses the available order book. After submission, Open Orders holds pending instructions and Order History shows completed or cancelled ones.

The current fee schedule lists zero maker and taker commission for standard spot pairs. At VIP 0, Innovation Zone pairs charge 0.075% maker and 0.10% taker; futures charge 0.02% maker and 0.06% taker. VIP status is determined by the highest qualifying asset or volume tier and updates daily. Commission-free spot trading does not remove market-price risk or transfer costs.

Toobit currently allows direct spot and futures trading without identity verification, while card purchases require it. Verification rules can change and are distinct from registering an account. The terms exclude countries including Hong Kong, the Philippines, South Africa and Türkiye, alongside other listed jurisdictions. Check the restricted-country list before registering.

Strengths

  • Triggers can choose market or limit execution
  • Linked OCO orders cancel the alternative after execution
  • API and TradingView integration routes

Watch out for

  • OCO legs can remain unfilled and cannot use market execution
  • Innovation Zone pairs are excluded from zero spot commission
  • Card purchases require identity verification

Best for

  • Eligible traders using conditional spot orders and checking market-specific fees

Sources