Toobit or Bitunix? Your Ultimate Guide to Features, Benefits, and Your Best Bet

If you’ve been trading crypto for any length of time, you know the feeling. Choosing an exchange almost always feels like you’re making a trade-off. You find one with an amazing futures engine, but its spot market is an afterthought. You find another with a huge menu of altcoins, but the tools feel clunky, and the liquidity is paper-thin.

People wanted to find one platform that could be my go-to for everything. A place with a massive selection of pairs, professional-grade tools that don’t get in the way.

The search for a true “all-in-one” platform narrowed down to two serious contenders that have been making a lot of noise lately: Toobit and Bitunix.

Setting the Standards

At first glance, you might think Toobit and Bitunix are running neck and neck.

1. Trading Pair Breadth

Toobit boasts a broader selection of trading pairs, offering 422 Futures trading pairs compared to Bitunix’s 379. This provides Toobit users with a greater variety of instruments to capitalize on market movements. 

The advantage continues in Spot trading, where Toobit’s 340+ Spot trading pairs surpass Bitunix’s 200+. For traders who thrive on diverse opportunities and flexible portfolio management, Toobit’s extensive offerings are a clear advantage.

It’s handy, for sure.

2. Leverage

Leverage enables traders to open positions larger than their actual account balance. For those who understand and embrace the risks associated with leverage, Toobit offers a higher ceiling. 

Toobit (left) offers up to 200x leverage, providing more flexibility and potential for amplified positions compared to Bitunix (right), which caps at 125x leverage.

Toobit allows traders to magnify positions far beyond Bitunix’s 125x with high-leverage options above 200x on XAUT and Bitcoin. 

Higher leverage means higher risk, but an experienced trader stands to reap enormous returns. 

One more time, leverage is good-to-have but not the be-all and end-all. While it isn’t a deal-breaker in any manner, Toobit deserves the nod here. It’s a nice-to-have but does not mean much if you do not have full confidence in your position.

3. Novice-Friendly Features

Toobit and Bitunix are two trade platforms. Toobit provides a full Demo Trading to allow users to become familiar with how to trade with leverage & Build strategies.

4. USDC-Settled Futures

Toobit has USDC-denominated futures pairs, this is more stable and predictable because USDC is pegged to the US dollar. In this way, the trader is able to see their margin in USDC and their profit/loss in USDC. 

5. Automated Trading

For traders looking to automate their strategies and capitalize on market inefficiencies, Toobit’s integrated trading bots are a game-changer.

The platform’s integrated Futures Grid and DCA (Dollar-Cost Averaging) bots are not just add-ons; they are powerful tools that enable a more systematic and less emotional approach to trading.

This tool is perfect for ranging markets where prices move up and down without a clear trend. It removes the need for constant screen-watching and the emotional fatigue that comes with manually trading small price swings.

There is no equivalent feature on Bitunix.

6. Risk Management

Toobit’s break-even price feature is crucial for active traders, as it shows the actual break-even point for open positions, adjusted for fees paid to open and close the position. However, Bitunix lacks this feature, causing manual calculations and friction in decision-making. This is a significant issue for traders who rely on this crucial metric for success.

7. Flexible Position Management

Toobit offers a unique advantage over standard “merged” or “one-way” trading modes, which merge two orders and calculate a new average entry price for a single, consolidated position. By activating Split Mode, each order is considered a separate, independent position with its own entry price, take-profit, and stop-loss levels. This allows traders to capitalize on short-term moves without altering the average price of their core long-term position. This allows for a more simplified approach to trading.

8. Welcome Rewards

Toobit provides over 15,000 USDT in welcome rewards for new users, double Bitunix’s. The bonuses are simple to earn, requiring account verification, first deposit, and futures or spot trade execution. These bonuses function as real trading capital, increasing open futures positions and providing risk-free opportunities.

Toobit (left) provides a more generous welcome package of over 15,000 USDT for new users, far exceeding Bitunix’s (right) 8,000+ USDT offering.

9. The Advantage of GTD TP/SL Orders

Toobit offers guaranteed take profit/stop loss orders with zero slippage, providing a critical advantage for precision-focused traders. This insurance policy prevents slippage, ensuring exit strategies are executed at the intended price, minimizing unexpected losses due to market volatility. Bitunix has omitted this feature, possibly due to its minimalist approach.

10. Enhanced Mark Price Protection

The Mark Price is a composite index constructed from the real-time spot prices on multiple high-volume crypto exchanges to prevent manipulation or “scam wicks” from unscrupulously liquidating positions. Toobit’s 6-exchange index, therefore, offers much greater protection than the Bitunix’s one-source-three-source model, the latter being deeply susceptible to technical glitches, thin liquidity, or downright manipulation. The more price sources available, the less probability there is of manipulation, and a more true reflection of market price, especially during sudden price swings, can be created.

For enhanced mark price protection, Toobit (left) draws data from 6 exchanges, ensuring greater fairness and accuracy than Bitunix’s (right) 3-source index, especially during volatility.

Liquidity is A Key Consideration

Liquidity is crucial for a successful exchange, determining market depth and enabling trade execution. Toobit’s broader feature set and more trading pairs suggest a deeper market. Trading on Toobit was smooth, with minimal slippage and impressive execution on less common altcoin pairs. On the contrary, Bitunix had wider spreads and required more cautious market orders to avoid significant slippage.

To Conclude

In the showdown between Toobit and Bitunix, Toobit clearly leads with broader features, higher flexibility, and beginner-friendly tools. From advanced bots and risk controls to unmatched trading pair diversity, Toobit delivers a comprehensive edge. Whether you’re new or experienced, it stands out as the smarter crypto exchange choice.