Toobit Exchange

4.8
Rating 4.8 · 4 reviews
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Юрий Царев

I trade anonymously, and everything is going well for me. This exchange does not require mandatory verification like many others do nowadays. There are limits on anonymous accounts, and access to purchasing cryptocurrency with a card is blocked. However, for my trading volumes, this is not critical, and I don't use a card anyway. It's also worth noting that the identification process on the exchange is unusual. It consists of two levels: at the first level, it's enough to fill in identification details, and you only need to upload documents at the second level. Another positive point is the low fees. There are no fees on pairs with USDC, and for USDT, they start at 0.1% and 0.075%. Additional discounts are possible in the VIP program, which takes into account the balance and monthly trading volume. But with my turnover, I won't be getting any discounts. Nevertheless, even without them, the rates are lower than on other exchanges. I withdraw funds in cryptocurrency to an external wallet, and the transaction takes just a few minutes, with no additional fees.

Pros
  • Anonymous trading
  • No mandatory verification
  • Low fees
  • Fast transactions
  • No card required for trading
Cons
  • Limited account limits
  • Complex identification process
  • No discounts for small volumes
  • Card purchase access blocked
  • Need for second level identification
5
Date of experience: February 16, 2026