Toobit Opens Fifth VIP Rewards Round With 500,000 USDT Pool for Futures Traders

Toobit has opened the fifth round of its VIP rewards campaign, carrying a 500,000 USDT prize pool and guaranteed prizes in every lucky draw, the exchange said in a GlobeNewswire announcement on November 5, 2026. The campaign runs from November 5 to 19, 2026, and doubles the prize pool of the previous round.

How The Three Toobit Activities Work

Eligible VIP traders earn lucky draw chances through three activities. A first-time futures trade with at least 1,000 USDT in trading volume earns one lucky draw chance. Cumulative futures volume milestones from 20,000 USDT to 20 million USDT unlock up to 15 lucky draw chances and Futures Position Vouchers worth up to 5,200 USDT. Toobit Earn subscription milestones from 200 USDT to 20,000 USDT earn up to five lucky draw chances, with no additional minimum holding period required and annual percentage rates that vary by product.

VIP traders register through the campaign page, and participation requirements, reward milestones and terms are set out on the announcement page. The campaign is open to eligible traders in Toobit's VIP Program, which includes reduced trading fees, priority support, dedicated VIP management, curated gifts and additional rewards. In February 2026, Toobit lowered its VIP qualification requirements so that VIP1 status is accessible from an account balance of 500 USDT. The exchange also runs a VIP status transfer program that lets traders from other exchanges match their existing VIP status with a one-level upgrade.

Toobit's Recent Product Rollouts

Toobit launched scaled orders on its Futures platform on November 3, 2026, letting traders place up to 10 limit orders across a price range with customizable spacing and quantities, according to GlobeNewswire. On October 27, 2026, the exchange launched separate isolated margin for futures trading, allowing independent positions per order with separate margin and liquidation prices, GlobeNewswire reported. Toobit announced its Halloween Horror Hunt on October 21, 2026, a seasonal campaign with a 500,000 USDT reward pool running October 21 to November 11, 2026, Business & Financial reported.

Exchange Campaigns Across The Sector

MEXC launched the Canton 0-Fee Carnival with Canton, offering zero-fee trading on CC spot and futures pairs from October 30 to November 30, 2026, with a $1 million prize pool and a $200 CC airdrop for deposits and trading volume bonuses, GlobeNewswire reported. Blockchain.com launched call and put options on seven cryptoassets, including ETH and LINK, TechBullion reported on October 28, 2026. Brokers using Devexperts' DXtrade platform gained access to KuCoin's spot and perpetual futures liquidity through its Market Maker Support System, TradingView reported on October 27, 2026.

Toobit's December Sponsorship

Toobit will sponsor Blockchain Life 2026, held December 1–2 in Dubai, and will occupy Booth A10, GlobeNewswire reported. The exchange previously won Best CEX User Interface and Best CEX Educational Platform at the 2025 awards.