Yield
Toobit
Is Toobit safe? It scores C on our five safety checks, passing 3 of 5 — Proof-of-Reserves, Flexible withdrawal, Track record (2+ years incident-free); not passed: Regulation, Insurance Fund. Every check below cites the evidence behind it and links its source. See how it ranks against the other 41 venues we grade →
Why this grade
- ✗
Regulation
No licence from a financial regulator found. The operating company is incorporated in the Cayman Islands; EU and EEA residents contract with Elyndret Sp. z o.o., a Polish company, and Toobit says it holds a Polish VASP registration — a register entry, not a MiCA authorisation, and we found no MiCA licence. Source 1 → Source 2 →
- ✓
Proof-of-Reserves
Monthly Merkle-tree proof of reserves with an open-source verifier and independent audits (Hacken). The 1 September 2026 report: BTC 104%, ETH 102%, USDC 106%, USDT 105%. Source →
- ✓
Flexible withdrawal
Flexible Earn products can be redeemed at any time; fixed terms (7–30 days) are labelled separately. Source →
- ✗
Insurance Fund
Toobit Shield Fund with public wallets: 99 BTC, 1,825 ETH, 8M USDT and 20M USDC — about $41M, per Toobit. Public and self-funded, but under the $100M this check requires. Source →
- ✓
Track record (2+ years incident-free)
Operating since 2022. We found no hack or loss of client funds on record. Toobit has withdrawn from several markets under local rules; the current list of excluded countries is in its terms of use. Source 1 → Source 2 →
Incidents we count
Known incidents
No known incidents in the past 2 years
All Toobit products
Yield products
as of Sep 26, 2026What would Toobit pay you?
How much will you earn?
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
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Frequently asked questions
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Do you work at Toobit? The grade above is ours and is not for sale, but the right of reply is. Buy a page and write your own side →