Is Toobit MiCA-Regulated?
Licence status verified 2026-07-10 against the ESMA CASP register
Not MiCA-Authorized
Not MiCA-authorized. Toobit is absent from the ESMA CASP register; it routes EU/EEA users to a Polish entity on a pre-MiCA VASP registration, not a MiCA licence.
Status
Not MiCA-Authorized
ESMA register
Not listed
Checked
2026-07-10
Global 24h perp vol
$14.3B
What this means for EU users
Toobit is a newer venue — secondary sources place its launch in 2022 and its incorporation in the Cayman Islands, and it publishes no HQ or founding date. Its terms assign EU/EEA users to a Polish counterparty, Elyndret Sp. z o.o., under a Polish VASP registration, which is a pre-MiCA anti-money-laundering listing rather than a MiCA CASP authorization.
That distinction bites in 2026: Poland’s law empowering its regulator (KNF) to grant MiCA licences was vetoed twice by the Polish president (December 2025 and February 2026), so no Polish entity could hold a genuine Polish MiCA licence at the transition deadline. Toobit keeps onboarding EU users on offshore/VASP terms and is not in the ESMA register. No hack of exchange funds is reported, though Toobit’s official X account was compromised via phishing in August 2025 (it says no funds were affected).
Timeline
- 2025-08-01Official X account compromised via phishing (no funds affected, per Toobit)
Recommended MiCA exchanges
Fully authorized venues we track daily — licence breadth, fees and EU perp access verified against the ESMA register.
Toobit MiCA FAQ
Is Toobit MiCA-authorized?+
No. Not MiCA-authorized. Toobit is absent from the ESMA CASP register; it routes EU/EEA users to a Polish entity on a pre-MiCA VASP registration, not a MiCA licence.
What does this mean for EU users?+
Toobit is a newer venue — secondary sources place its launch in 2022 and its incorporation in the Cayman Islands, and it publishes no HQ or founding date. Its terms assign EU/EEA users to a Polish counterparty, Elyndret Sp. z o.o., under a Polish VASP registration, which is a pre-MiCA anti-money-laundering listing rather than a MiCA CASP authorization.
What are MiCA-regulated alternatives to Toobit?+
Our recommended MiCA-authorized venues are Kraken, OKX, Bybit — Kraken and OKX offer EU-regulated perps today; Bybit's EU platform (bybit.eu) is spot while its MiFID application is pending. See the full MiCA table for every verified licence.
Sources
Affiliate Disclosure: This page contains affiliate links. We may earn a commission when you sign up through our links, at no extra cost to you. This does not influence our ratings or recommendations.
Risk Warning: Trading perpetual futures involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. Only trade with funds you can afford to lose.