Toobit Surges to $30B Daily Volumes with 4M Active Traders

Toobit, a derivatives-focused exchange launched in 2022, has quickly grown into a major trading platform. It now serves over 4 million active traders, with daily volumes surpassing $30 billion. The exchange specialises in high-leverage products, automation tools, and customisable trading strategies for both retail and professional users. The platform supports a wide range of instruments, including forex pairs, tokenized stock futures, and event-based contracts. All trades are settled using USDT as collateral, ensuring streamlined transactions. Toobit also provides perpetual contracts with leverage up to 500x, alongside features like futures grid trading, dollar-cost averaging (DCA) strategies, and copy trading across more than 40 zero-slippage pairs.

Traders can choose between split and merged position modes to match their strategies. In split mode, each order operates independently, allowing for precise control and multiple simultaneous strategies. Merged mode, on the other hand, consolidates same-direction positions into a single entry, simplifying management for those focusing on one market direction. Security remains a priority, with Toobit combining cold and hot wallet storage, multi-party computation (MPC) technology, and hardware security modules (HSMs) to safeguard user funds. The exchange holds regulatory registrations, including a Virtual Asset Service Provider (VASP) license in Poland and a Money Services Business (MSB) registration in the US, ensuring compliance with know-your-customer (KYC) requirements in key markets. New users benefit from incentives such as bonuses of up to 15,000 USDT, deposit rewards, reduced trading fees, referral programs, and staking options. These features aim to attract traders while enhancing liquidity on the platform.

Toobit continues to expand its offerings, catering to traders with advanced tools and high-leverage products. The platform's blend of security measures, regulatory compliance, and user incentives positions it as a competitive choice in the derivatives market. Daily trading volumes and active user numbers reflect its growing role in the industry.