Latest news with #Toobit


Business Upturn
04-07-2025
- Business
- Business Upturn
Toobit's Mid-Year Review: A Look Back at a Landmark H1 2025
GEORGE TOWN, Cayman Islands, July 04, 2025 (GLOBE NEWSWIRE) — At Toobit, we believe in building the future of crypto trading today. The first half of 2025 was a testament to this mission, as we delivered an array of powerful new features, forged strategic partnerships, and strengthened our commitment to providing a fair, secure, and transparent trading experience for our global community. We are an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers, and this period has been defined by our relentless drive to empower traders worldwide. From launching revolutionary products like DEX+ to offering market-leading 200x leverage, we have continued to push the boundaries of what's possible. Our unwavering focus on security was reinforced through a comprehensive platform overhaul and a key partnership with the institutional-grade compliance leader, Elliptic. These innovations were celebrated by the industry, as we were honored with multiple prestigious awards, and we deepened our connection with the community by announcing our brand ambassadorship with climbing legend Chris Sharma. As we look back on a landmark six months, we are proud to share the milestones that reflect our core vision: to empower every trader with the tools they need to navigate the digital asset markets with confidence. Empowering Traders with Next-Generation Tools We think ahead so you can trade ahead. In H1 2025, we focused on delivering user-first innovations and state-of-the-art tools designed to give our traders a competitive edge. DEX+: Your Secure Gateway to the World of DeFi On June 25, we were thrilled to introduce DEX+, a powerful new feature that simplifies on-chain trading. DeFi is where true innovation happens, but its complexity has long been a barrier for many. DEX+ removes these hurdles, allowing you to trade a wide array of early-stage and trending on-chain assets—from governance tokens to meme coins—directly from your Toobit Spot account, with no need for separate wallets, keys, or gas fees. The benefits are built for you: Seamless Integration: Use your existing USDT funds to access on-chain opportunities instantly. Use your existing USDT funds to access on-chain opportunities instantly. Lightning-Fast Execution: Seize market opportunities with exchange-grade speed and stability. Seize market opportunities with exchange-grade speed and stability. Early Access: Discover and acquire high-potential projects before they reach major exchanges. Discover and acquire high-potential projects before they reach major exchanges. Enhanced Security: Trade with confidence, knowing every transaction is backed by Toobit's robust, multi-layered security infrastructure. This launch builds on our strategic collaboration with the IDO platform NovaMeme, which provides our users with a direct pathway to exciting early-stage projects across multiple blockchains. The 200x Leverage Frontier: Giving You Unprecedented Control To give our experienced traders greater agility, we launched up to 200x leverage for our BTCUSDT and XAUTUSDT perpetual contracts on June 11. This powerful tool allows you to control larger positions with a smaller capital outlay, offering unparalleled flexibility and precision in fast-moving markets. Continuously Enhancing Your Trading Experience Our commitment to innovation extends across our entire platform. We integrated The Open Network (TON) for faster and cheaper USDT transactions , introduced an 'Assessment Zone' to give you access to new and trending tokens like AKA LIBERTY (AKA), and rolled out a price precision adjustment feature to refine your trading. We also announced an integration with TradingView, bringing professional-grade charting and analytics directly into the Toobit ecosystem to create a seamless trading experience. Our Commitment to Security and Trust Your security is our biggest priority. In H1 2025, we made significant investments to fortify our platform, ensuring Toobit remains one of the safest and most reliable exchanges in the world. A Strategic Partnership with Elliptic for Institutional-Grade Compliance On March 5, we announced a strategic partnership with Elliptic, the global leader in blockchain analytics. By integrating their full suite of institutional-grade tools—Lens, Navigator, and Investigator, we have streamlined our AML compliance and enhanced our ability to protect users from financial crime. This partnership ensures we can trace funds across multiple assets and blockchains, providing comprehensive, real-time risk detection. Fortifying Our Security Architecture We also completed a sweeping internal security overhaul on February 26 to protect your assets at every level. These upgrades include an AI-driven system for real-time smart contract monitoring, advanced multi-factor authentication for our multi-signature wallets, and further optimization of our cold wallet management, where we securely store over 95% of user funds. Our commitment to transparency is absolute. We maintain a public Proof of Reserves (PoR) system, allowing you to verify that your assets are backed 1:1 at all times. Our platform is also regularly audited by leading third-party firms, including Hacken and Beosin, providing layered validation of our security. Thanks to these rigorous measures, we are proud to have maintained a perfect security record with no breaches since our inception. A Global Brand Built on Performance and Passion The first half of 2025 was a period of incredible recognition for Toobit, as we celebrated our achievements with our growing global community. A Season of Accolades We were deeply honored to receive a string of prestigious industry awards, which reflect the trust our traders have shown us. 'Best New Cryptocurrency Exchange' & 'Best for Derivatives' at the WeMoney Cryptocurrency Awards, recognizing our impact and innovation in the Australian market. at the WeMoney Cryptocurrency Awards, recognizing our impact and innovation in the Australian market. 'Best Crypto Exchange MENA 2025' at the World Business Outlook Awards, highlighting our commitment to the rapidly growing MENA region. at the World Business Outlook Awards, highlighting our commitment to the rapidly growing MENA region. 'Digital Asset Derivatives Platform of the Year' at the Hedgeweek Global Digital Assets Awards, a coveted, peer-voted award that celebrates our technological innovation and robust infrastructure. Crypto Culture on the World Stage We believe in the power of community. In May, we were proud to be an official sponsor of Crypto Fight Night (CFN) Dubai, an event that showcased the exciting connection between blockchain, sports, and entertainment. We also strengthened our presence in Europe as a Platinum Sponsor for Dutch Blockchain Week, where we engaged with industry leaders and showcased our latest trading solutions. Climbing New Heights with Chris Sharma This May, Toobit forged a powerful alliance with a true pioneer, welcoming world-renowned rock climber Chris Sharma as our brand ambassador. This partnership highlights the profound synergy between the mindset of an elite athlete and a master trader. Sharma is celebrated not just for his raw talent, but for his visionary approach—seeing 'King Lines' on sheer cliffs where others saw nothing. His career is a testament to what can be achieved when precision, innovation, and ambition converge. These values are the bedrock of Toobit, who has strived consistently to give a bit more than crypto. Precision: Just as Chris meticulously plans every handhold, our users rely on Toobit's robust infrastructure for flawless, split-second trade execution. Innovation: Chris revolutionized climbing with new techniques; we empower traders with cutting-edge tools, from our intuitive Copy Trading to advanced risk management features, ensuring they stay ahead of the curve. Ambition: Chris never shied away from the world's hardest climbs. Our platform is designed for traders who share that drive, providing the security, depth, and support needed to pursue ambitious financial goals with confidence. How to sign up and start trading on Toobit Getting started on Toobit is designed to be as streamlined and efficient as our trading engine. Join our global community and begin your trading journey in minutes. Step 1: Create Your Account in Seconds Visit the official Toobit website or download our mobile app. You can sign up using your email address, phone number, or directly through your Google or Apple account. The process is quick, secure, and gets you into the ecosystem without delay Step 2: Fund your wallet Depositing funds is simple and flexible. You can transfer existing crypto from another wallet directly into your Toobit account with zero deposit fees. Alternatively, you can instantly purchase over 100 cryptocurrencies, including Bitcoin and Ethereum, using a credit or debit card through our secure third-party payment gateways. Step 3: Execute Your First Trade With your account funded, you're ready to make your first move. Navigate to our Spot or Futures markets, select your desired trading pair, and utilize our intuitive interface to place your order. Whether you're executing a simple market order, setting a precise limit order, or deploying one of our advanced trading bots, you are now in command of your financial journey. The Future is Now: Our Vision for H2 2025 and Beyond The first half of 2025 was about turning bold ideas into reality. We launched groundbreaking products, fortified our security, and celebrated our global community. But this is just the beginning. As we move into the second half of the year, our focus remains squarely on you, our traders. We will continue to build on the success of DEX+, expand our product offerings, and deliver the seamless, secure, and user-friendly experience you deserve. We are committed to providing the tools and support you need to succeed in the crypto world. Thank you for being part of our journey. Together, we will continue to explore new frontiers and discover how to always give a bit more than crypto. Contact: Davin C. Email: [email protected] Website: Disclaimer: This content is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash

Associated Press
04-07-2025
- Business
- Associated Press
Toobit's Mid-Year Review: A Look Back at a Landmark H1 2025
GEORGE TOWN, Cayman Islands, July 04, 2025 (GLOBE NEWSWIRE) -- At Toobit, we believe in building the future of crypto trading today. The first half of 2025 was a testament to this mission, as we delivered an array of powerful new features, forged strategic partnerships, and strengthened our commitment to providing a fair, secure, and transparent trading experience for our global community. We are an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers, and this period has been defined by our relentless drive to empower traders worldwide. From launching revolutionary products like DEX+ to offering market-leading 200x leverage, we have continued to push the boundaries of what's possible. Our unwavering focus on security was reinforced through a comprehensive platform overhaul and a key partnership with the institutional-grade compliance leader, Elliptic. These innovations were celebrated by the industry, as we were honored with multiple prestigious awards, and we deepened our connection with the community by announcing our brand ambassadorship with climbing legend Chris Sharma. As we look back on a landmark six months, we are proud to share the milestones that reflect our core vision: to empower every trader with the tools they need to navigate the digital asset markets with confidence. Empowering Traders with Next-Generation Tools We think ahead so you can trade ahead. In H1 2025, we focused on delivering user-first innovations and state-of-the-art tools designed to give our traders a competitive edge. DEX+: Your Secure Gateway to the World of DeFi On June 25, we were thrilled to introduce DEX+, a powerful new feature that simplifies on-chain trading. DeFi is where true innovation happens, but its complexity has long been a barrier for many. DEX+ removes these hurdles, allowing you to trade a wide array of early-stage and trending on-chain assets—from governance tokens to meme coins—directly from your Toobit Spot account, with no need for separate wallets, keys, or gas fees. The benefits are built for you: This launch builds on our strategic collaboration with the IDO platform NovaMeme, which provides our users with a direct pathway to exciting early-stage projects across multiple blockchains. The 200x Leverage Frontier: Giving You Unprecedented Control To give our experienced traders greater agility, we launched up to 200x leverage for our BTCUSDT and XAUTUSDT perpetual contracts on June 11. This powerful tool allows you to control larger positions with a smaller capital outlay, offering unparalleled flexibility and precision in fast-moving markets. Continuously Enhancing Your Trading Experience Our commitment to innovation extends across our entire platform. We integrated The Open Network (TON) for faster and cheaper USDT transactions , introduced an 'Assessment Zone' to give you access to new and trending tokens like AKA LIBERTY (AKA), and rolled out a price precision adjustment feature to refine your trading. We also announced an integration with TradingView, bringing professional-grade charting and analytics directly into the Toobit ecosystem to create a seamless trading experience. Our Commitment to Security and Trust Your security is our biggest priority. In H1 2025, we made significant investments to fortify our platform, ensuring Toobit remains one of the safest and most reliable exchanges in the world. A Strategic Partnership with Elliptic for Institutional-Grade Compliance On March 5, we announced a strategic partnership with Elliptic, the global leader in blockchain analytics. By integrating their full suite of institutional-grade tools—Lens, Navigator, and Investigator, we have streamlined our AML compliance and enhanced our ability to protect users from financial crime. This partnership ensures we can trace funds across multiple assets and blockchains, providing comprehensive, real-time risk detection. Fortifying Our Security Architecture We also completed a sweeping internal security overhaul on February 26 to protect your assets at every level. These upgrades include an AI-driven system for real-time smart contract monitoring, advanced multi-factor authentication for our multi-signature wallets, and further optimization of our cold wallet management, where we securely store over 95% of user funds. Our commitment to transparency is absolute. We maintain a public Proof of Reserves (PoR) system, allowing you to verify that your assets are backed 1:1 at all times. Our platform is also regularly audited by leading third-party firms, including Hacken and Beosin, providing layered validation of our security. Thanks to these rigorous measures, we are proud to have maintained a perfect security record with no breaches since our inception. A Global Brand Built on Performance and Passion The first half of 2025 was a period of incredible recognition for Toobit, as we celebrated our achievements with our growing global community. A Season of Accolades We were deeply honored to receive a string of prestigious industry awards, which reflect the trust our traders have shown us. Crypto Culture on the World Stage We believe in the power of community. In May, we were proud to be an official sponsor of Crypto Fight Night (CFN) Dubai, an event that showcased the exciting connection between blockchain, sports, and entertainment. We also strengthened our presence in Europe as a Platinum Sponsor for Dutch Blockchain Week, where we engaged with industry leaders and showcased our latest trading solutions. Climbing New Heights with Chris Sharma This May, Toobit forged a powerful alliance with a true pioneer, welcoming world-renowned rock climber Chris Sharma as our brand ambassador. This partnership highlights the profound synergy between the mindset of an elite athlete and a master trader. Sharma is celebrated not just for his raw talent, but for his visionary approach—seeing 'King Lines' on sheer cliffs where others saw nothing. His career is a testament to what can be achieved when precision, innovation, and ambition converge. These values are the bedrock of Toobit, who has strived consistently to give a bit more than crypto. Precision: Just as Chris meticulously plans every handhold, our users rely on Toobit's robust infrastructure for flawless, split-second trade execution. Innovation: Chris revolutionized climbing with new techniques; we empower traders with cutting-edge tools, from our intuitive Copy Trading to advanced risk management features, ensuring they stay ahead of the curve. Ambition: Chris never shied away from the world's hardest climbs. Our platform is designed for traders who share that drive, providing the security, depth, and support needed to pursue ambitious financial goals with confidence. How to sign up and start trading on Toobit Getting started on Toobit is designed to be as streamlined and efficient as our trading engine. Join our global community and begin your trading journey in minutes. Step 1: Create Your Account in Seconds Visit the official Toobit website or download our mobile app. You can sign up using your email address, phone number, or directly through your Google or Apple account. The process is quick, secure, and gets you into the ecosystem without delay Step 2: Fund your wallet Depositing funds is simple and flexible. You can transfer existing crypto from another wallet directly into your Toobit account with zero deposit fees. Alternatively, you can instantly purchase over 100 cryptocurrencies, including Bitcoin and Ethereum, using a credit or debit card through our secure third-party payment gateways. Step 3: Execute Your First Trade With your account funded, you're ready to make your first move. Navigate to our Spot or Futures markets, select your desired trading pair, and utilize our intuitive interface to place your order. Whether you're executing a simple market order, setting a precise limit order, or deploying one of our advanced trading bots, you are now in command of your financial journey. The Future is Now: Our Vision for H2 2025 and Beyond The first half of 2025 was about turning bold ideas into reality. We launched groundbreaking products, fortified our security, and celebrated our global community. But this is just the beginning. As we move into the second half of the year, our focus remains squarely on you, our traders. We will continue to build on the success of DEX+, expand our product offerings, and deliver the seamless, secure, and user-friendly experience you deserve. We are committed to providing the tools and support you need to succeed in the crypto world. Thank you for being part of our journey. Together, we will continue to explore new frontiers and discover how to always give a bit more than crypto. Contact: Davin C. Email: [email protected] Website: Disclaimer: This content is provided by statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at


Time Business News
03-07-2025
- Business
- Time Business News
Why Toobit Analysts Believe Bitcoin's Momentum Will Continue
In a year defined by global uncertainty and shifting economic tides, 2025 has certainly been a challenge for crypto. That being said, a victor stands unshaken despite it all. Bitcoin has emerged as a resilient and dominant force in the digital asset market, remaining strong against all the challenges. While many altcoins have faltered, Bitcoin has not only held its ground but also achieved impressive gains this 2025. According to a team of analysts at Toobit, this bullish momentum is far from over. Here's why Toobit believes that believe Bitcoin's rally will continue well into the future: Bitcoin defies the altcoin collapse One of the most compelling signals of Bitcoin's strength is its ability to outperform the broader crypto market. While numerous altcoins have experienced sharp downturns in 2025 due to regulatory crackdowns, liquidity concerns, and investor skepticism, Bitcoin has remained a safe haven. Toobit analysts note that this trend marks a return to Bitcoin dominance, as institutional and retail investors increasingly favor Bitcoin for its perceived stability and mainstream acceptance. The fact that Bitcoin surged while altcoins crashed suggests a growing market maturity and a flight to quality—both bullish indicators for BTC's continued momentum. Macroeconomic indifference: Bitcoin climbs despite deficit talk In a surprising political move, President Donald Trump recently advised the GOP to stop worrying about deficit spending. Traditionally, such statements would trigger economic concern and market volatility. Yet, Bitcoin's price continued its upward trajectory, seemingly unfazed. Toobit experts interpret this as a sign that Bitcoin is becoming decoupled from traditional financial sentiment. Rather than reacting to political soundbites, Bitcoin appears to be carving its own narrative—one fueled by its finite supply, increasing institutional adoption, and appeal as a hedge against long-term inflation. Geopolitical resilience: Iran-Israel conflict and Bitcoin stability The ongoing conflict between Iran and Israel has introduced significant geopolitical tension into global markets. Oil prices have spiked, equities have shown volatility, and risk sentiment has fluctuated. But Bitcoin? It has held steady, even gaining during periods of heightened tension! Toobit analysts see this as a powerful indicator of Bitcoin's growing role as a geopolitical hedge. Much like gold in decades past, Bitcoin is now being viewed by investors as a store of value during global crises. The cryptocurrency's resilience amid such instability supports the thesis that Bitcoin is entering a new phase of market maturity. Institutional confidence and on-chain strength Beyond price trends, Toobit analysts highlight strong on-chain fundamentals: low exchange balances, increasing wallet accumulation, and rising hash rates. Exchange balances continue to decline, signaling reduced selling pressure as more investors move assets to cold storage. At the same time, wallet accumulation is growing across both retail and institutional tiers, while Bitcoin's hash rate—an indicator of network security and miner confidence—reaches all-time highs. These trends coincide with sustained interest from institutional players, particularly through the rapid growth of spot Bitcoin ETFs and increasing international adoption. Together, these factors suggest a solid foundation for continued upward momentum in Bitcoin's market trajectory. Expert insight: Confidence from Toobit's research team According to Toobit's research team of analysts, we are currently witnessing a fundamental shift in how Bitcoin is perceived. It's no longer just a high-risk, high-reward asset as it's been touted for the past decade. In fact, the current data shows Bitcoin's increasing long-term holder conviction, growing use as a macro hedge, and rising network strength even amid global instability. These are not characteristics of a fading trend—they're signs of a maturing asset class. Toobit's research team believes that as traditional financial systems face mounting pressure, Bitcoin will continue to benefit from both strategic adoption and scarcity-driven demand. Conclusion: Bitcoin's bull run isn't over While skeptics continue to predict Bitcoin's downfall, the data tells a different story. From decoupling from altcoin trends to maintaining strength during political and geopolitical shocks, Bitcoin is proving to be more than just a speculative asset—it's becoming a cornerstone of the modern financial landscape. Toobit analysts believe that the momentum behind Bitcoin isn't just a short-term surge—it's a long-term transformation. And if 2025 is any indication, Bitcoin's best days may still lie ahead. About Toobit To stay updated on the latest crypto news and happenings, make sure to follow Toobit. Toobit Exchange has emerged as a leading platform for crypto trading, offering a seamless experience for both beginners and experienced traders. With a strong focus on futures trading and derivatives trading, Toobit allows users to maximize their potential profits through leverage trading. Traders can explore a wide range of assets, including BTC and ETH, taking advantage of advanced tools and risk management features. With live coin updates, where you can get the latest news on XLM price, coin updates on Futures such as Dogecoin price and ETH price, and even PEPE price, Toobit does it all! Create an account with Toobit today and find out how we're bit more than just a crypto. TIME BUSINESS NEWS


Business Upturn
20-06-2025
- Business
- Business Upturn
Toobit Integrates TON for USDT Deposits and Withdrawals, Offering Faster and Cheaper Transactions
GEORGE TOWN, Cayman Islands, June 20, 2025 (GLOBE NEWSWIRE) — Toobit, an award-winning cryptocurrency exchange, today announces the integration of the TON (The Open Network) blockchain for Tether (USDT) deposits and withdrawals on its Spot platform. This upgrade offers traders a faster, more cost-efficient, and scalable option for managing USDT transactions. By adding TON support, Toobit is strategically tapping into one of the fastest-growing blockchain ecosystems, with over 153 million total created addresses as of 2025. The addition will also enhance the speed and affordability of USDT transfers, helping users optimize their trading and asset management strategies. 'We are thrilled to bring the benefits of the TON network to our users,' said Mike Williams, Chief Communication Officer at Toobit. 'We saw a clear demand for more network diversity and greater capital efficiency. Integrating TON is a direct response towards providing a reliable, high-speed, and extremely low-cost rail for USDT.' Key benefits for Toobit traders Improved capital efficiency: Traders can now move USDT with network fees averaging just $0.01 to $0.02 per transaction. More capital can be used for trading, not for network costs. Traders can now move USDT with network fees averaging just $0.01 to $0.02 per transaction. More capital can be used for trading, not for network costs. Faster strategy execution: With transaction finality achieved in approximately five seconds, the integration allows for the near-instantaneous transfer of assets. With transaction finality achieved in approximately five seconds, the integration allows for the near-instantaneous transfer of assets. Expanded network choice: By adding TON, Toobit connects its users to a network that is rapidly expanding, now boasting over 9 million active wallets and a Total Value Locked (TVL) of more than $155 million in its DeFi ecosystem. To start using TON for USDT transfers, users can simply go to their USDT wallet on Toobit and select TON as their preferred network for deposits or withdrawals. The move comes in response to growing demand for more efficient blockchain networks. Known for its high throughput, multi-blockchain architecture, and minimal fees, TON can theoretically process millions of transactions per second, making it an ideal solution for active traders. About Toobit Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what's next. For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram Contact: Davin C. Email: [email protected] Website: Disclaimer: This content is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash

Associated Press
16-06-2025
- Business
- Associated Press
Toobit Enhances Spot Trading Experience with New Price Precision Adjustment Feature
GEORGE TOWN, Cayman Islands, June 16, 2025 (GLOBE NEWSWIRE) -- Toobit, an award-winning global cryptocurrency exchange, today rolls out a new enhanced price precision feature in its mobile app, designed to deliver a more accurate and transparent trading experience for spot traders. This improvement optimizes how prices are displayed, enabling users to view the most precise trading values in a market where every digit counts. For assets like PEPE/USDT, which regularly command a market capitalization of over $6 billion and see massive daily trading volumes, the ability to track micro-decimal price movements is critical. With this update, users can long-press the price field to reveal the fully expanded format for maximum clarity. Toobit now displays ultra-accurate prices using {N} to represent consecutive zeros. Long press to see the full value. 'The enhanced price display allows users to view prices and matched orders with greater clarity and minimal rounding,' said Mike Williams, Chief Communication Officer at Toobit. 'While prices have always been updated in real time, this update presents those values with the smallest possible increments. In a market where traders cite price precision as a critical factor for profitability, especially for high-volume assets, this feature ensures our users have a competitive edge.' Key benefits of this new feature include: This feature is now live on the Toobit mobile app and currently supports spot trading pairs. More trading products will be integrated with this enhanced precision display in future updates. With the meme coin market alone surpassing a $100 billion valuation in 2024 and projected to see continued significant growth, Toobit's update is designed to deliver a more accurate and transparent trading experience for spot traders in this booming sector. About Toobit Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what's next. For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram Contact: Davin C. Email: [email protected] Website: Disclaimer: This content is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at: