Toobit Named Global Exchange of the Year as AI and TradFi Push Expands

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Ahmed Barakat

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Ahmed Barakat

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Aug 2025

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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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Last updated: 

August 11, 2026

Cryptocurrency exchange Toobit has been named Global Exchange of the Year at the FinanceFeeds Awards 2026, giving the trading platform its fourth major industry award of the year.

The FinanceFeeds Awards recognize companies across fintech and digital assets, with the Global Exchange of the Year category focused on exchanges capable of operating broad trading infrastructures at scale.

For Toobit, the award comes during a year in which the exchange has expanded well beyond conventional crypto spot and futures markets. Its platform now combines derivatives, copy trading, AI-based trading tools and more than 150 TradFi pairs, while its DEX+ product extends access to on-chain and pre-IPO assets.

The latest win follows three previous awards: Best New Exchange at the Crypto Awards 2025, presented in January 2026; Digital Asset Derivatives Platform of the Year at the Hedgeweek Global Digital Assets Awards in June; and Best Crypto Exchange for Day Trading at the CoinGape Web3 Innovation Awards in July.

That run of awards also reflects how quickly Toobit has built out its trading infrastructure.

The exchange regularly reports more than $30 billion in daily trading volume across more than 1,000 trading pairs, with more than 4 million active traders across 100-plus countries. Although Toobit offers regular spot trading, its strongest focus remains on active traders using perpetual futures, automated strategies, and other higher-frequency products.

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From Crypto Futures to Nvidia in the Same Account

One of the more unusual parts of Toobit is the range of markets available without requiring traders to leave the platform.

In our Toobit review, we found that a user could move from copy-trading a professional strategy to taking a leveraged position in Nvidia stock, then use an AI model to manage another trade via natural-language instructions.

Toobit’s TradFi product is particularly useful in that setup because, instead of requiring a separate brokerage account, the exchange offers exposure to stocks, forex, and metals via USDT-settled perpetual contracts.

Its stock futures include major U.S. names such as Tesla, Nvidia, and Apple, while an expansion announced in May added another 13 trading pairs, including Qualcomm, IonQ, and Oklo – there are currently more than 150 pairs and growing all the time.

Because these products are derivatives rather than shares held directly by the trader, users can trade with USDT already held in their Toobit futures account. The contracts can also continue trading outside conventional equity-market hours, including weekends and holidays.

Leverage of up to 500x is available on some TradFi perpetual contracts. Toobit’s futures interface also supports simultaneous split and merged position management.

TradingView integration, futures bots, and multi-chart layouts that support up to 8 views are also built into the platform.

Toobit Brings AI Directly Into Trading

Artificial intelligence has become another major part of Toobit’s expansion.

In March, the exchange released its AI Agent Trade Kit, an open-source framework designed to connect large language models directly with trading functions on Toobit.

The system uses the Model Context Protocol (MCP), allowing compatible AI agents to carry out tasks such as monitoring markets, managing spot and futures orders, and tracking portfolio balances via natural-language commands.

The kit supports more than 65 tools and can run locally, with credentials stored on the user’s device rather than transferred to an external AI service.

Toobit has also developed Synapse, its built-in AI assistant, which requires no outside configuration or separate AI subscription. It can assist with market research, strategy generation, and analysis of existing positions directly from the Toobit interface.

Zero Spot Fees Run Until September

Toobit’s zero-spot-fee promotion runs from June 26 through September 26, 2026, removing maker and taker fees on eligible spot trades during the campaign.

Outside the promotion, Toobit’s standard spot fees start at 0.075% for makers and 0.10% for takers.

Base perpetual futures fees are 0.02% for makers and 0.06% for takers.

Deposits are free, while crypto withdrawals vary by blockchain network. Toobit also charges no fee for its Convert tool, account creation, inactivity, P2P trading, or DEX+ transactions, although blockchain gas fees still apply to DEX+ activity.

Proof of Reserves Adds to Security Framework

The exchange’s expansion has been accompanied by additional reserve and custody measures.

A May 2026 Proof of Reserves review, independently verified by Hacken, showed reserves exceeding 100% for the major assets examined.

As of May 1, Toobit reported reserve ratios of 106% for BTC, 106% for ETH, 106% for USDT, and 102% for USDC. The audit covered balances belonging to more than 640,000 accounts and included verification of liabilities.

Toobit also operates a ~$40 million Shield Fund intended to cover qualifying losses resulting from internal technical or security failures, with fund information displayed on a public dashboard.

Custody infrastructure includes Fireblocks’ Multi-Party Computation technology alongside air-gapped cold-wallet storage, and the exchange is ISO 27001-certified.

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