Toobit (founded in 2022) is a centralized cryptocurrency exchange (CEX) platform providing digital asset trading services, including spot markets and cryptocurrency derivatives.
Toobit was named âÂÂBest New Exchangeâ at the Crypto Awards 2025, an industry event in which recipients were selected through a public voting process. It has also received ISO/IEC 27001 certification for its information security management.
Toobit was established on October 16, 2022. During its initial phase, the exchange focused on launching spot trading and perpetual futures contracts. Third party reviews note that Toobit expanded its product offerings during 2023 and 2024 as part of efforts to compete within the crowded derivatives trading segment.
In January 2026, Toobit announced a regional marketing partnership with La Liga, SpainâÂÂs professional football league, covering promotional activities in the Middle East and North Africa region.
According to a security assessment published by Hacken, the exchange employs a centralized trading architecture with asset custody systems. It stores a majority of customer assets in offline cold wallets secured through multi signature authorization mechanisms. Toobit has secured ISO/IEC 27001 certification for its information security management systems.
Toobit has also published proof of reserves disclosures through third party attestations.