# Toobit review: KYC policy, privacy and safety grades

> Toobit is an exchange. Its terms put it at KYC level 3 of 4: ID on risk flag. NoKYC Score grades it 2.4/10 for privacy (poor) and 4.3/10 for safety (caution). In its favour: company named. To watch: it may ask for ID and holds your funds while you use it. No incidents are on record.

Source: NoKYC Score, "Toobit review", reviewed 23 Oct 2026, https://nokycscore.com/service/toobit

## Key facts
- **Category:** No-KYC Exchanges
- **KYC level:** 3 of 4: ID on risk flag
- **Grades:** Privacy 2.4/10, Safety 4.3/10
- **Custody:** custodial
- **Jurisdiction:** Cayman Islands (non-EU users); Poland (EU/EEA users)
- **Incidents on record:** 0
- **Last reviewed:** 23 Oct 2026
- **Official website:** https://www.toobit.com

## What it is
Toobit is a centralised exchange offering spot, perpetual futures, copy trading, trading bots and a P2P desk. Its terms of use name Future Planet PTE. Ltd., a Cayman Islands company, as the contracting party for users outside the EU/EEA, and Elyndret Sp. z o.o. in Poland for EU/EEA users. The help centre describes two KYC levels, basic (name and document number) and advanced (document upload and face check), but the pages read did not state what an unverified account can do or its limits. The terms (section 18.4) require users to comply with reasonable requests for information and documents about any transaction, and allow suspension when information is suspected to be inaccurate.

## What the terms say about ID
Terms section 18.4: "You shall comply with any reasonable requests by us for information, documents, and agreements related to any transaction". Limits for unverified accounts were not stated on the pages read (not confirmed).

## Features and warnings
- **Identity:** ID never required: no; No account needed: not stated; No email needed: not stated; No phone number: not stated
- **Payment:** Accepts Monero: not stated; Accepts Lightning: not stated; Accepts cash: not stated
- **Access:** Tor onion address: not stated; Works without JavaScript: not stated
- **Trust:** Never holds your funds: no; Own liquidity: not stated; Refund without ID: not stated; Independent audit: not stated; Company named: yes; 5+ years operating: not stated
- **Warnings:** May ask for ID: yes; Screens deposits: not in terms; Passes orders to partners: not in terms; Holds your funds: yes; Email required: not in terms; Phone number required: not in terms; Nobody accountable: not in terms

## Questions
### Does Toobit require KYC?
Toobit is rated KYC level 3 of 4 on this site: ID on risk flag. Terms section 18.4: "You shall comply with any reasonable requests by us for information, documents, and agreements related to any transaction". Limits for unverified accounts were not stated on the pages read (not confirmed).

### Is Toobit safe to use?
Toobit has a Safety grade of 4.3 out of 10 and a Privacy grade of 2.4 out of 10. No incidents are on record. Evidence level: documentation reviewed.

### Is Toobit legit?
Toobit is a working exchange. It publishes the company that runs it, in Cayman Islands (non-EU users); Poland (EU/EEA users). Being real is not the same as being safe: its Safety grade here is 4.3 out of 10, built from custody, liquidity, track record and incidents.

### Is Toobit a scam?
NoKYC Score does not label services as scams; it records documented incidents with their sources and outcomes. No incidents are on record for Toobit. Its terms also allow it to hold a flagged deposit and ask for identity documents.

### Does Toobit have a Tor onion address?
No official onion address was found on Toobit's own pages.

### Which cryptocurrencies does Toobit support?
Toobit supports BTC, ETH, USDT, SOL, XRP, TON, DOGE.

### Is Toobit custodial?
Yes. Toobit holds funds during a trade, which means it is able to delay or freeze them.

### Can I use Toobit over Tor?
Toobit does not publish an official onion address.

## Sources
- https://www.toobit.com/support/toobit-terms-of-use
- https://www.toobit.com/en-US/support
- https://www.toobit.com/en-US/support/how-to-complete-toobit-kyc-verification

How grades are calculated: https://nokycscore.com/methodology