Toobit compliance and risk control announcement

To safeguard our platform's integrity and ensure a fair trading environment, Toobit strictly prohibits unfair trading practices. Users involved in the following activities may be subject to account restrictions or other enforcement measures at Toobit's sole discretion:

 

Identified through unusual API request patterns or activity from unauthorized IP addresses.

Response: API keys involved will be immediately disabled, and affected accounts may undergo a security review.

 

Detected through inconsistent login locations, sudden account setting changes, or high-risk transactions.

Response: Accounts will be temporarily locked until ownership is verified via identity authentication.

 

Suspected of coordinated behavior for fraudulent purposes, such as exploiting promotions or manipulating trades.

Response: Accounts flagged for such behavior will be suspended and reviewed for compliance.

 

Identified through login anomalies followed by immediate withdrawal attempts.

Response: Withdrawals will be suspended pending further investigation.

 

Transactions involving known blacklisted addresses or exhibiting patterns consistent with money laundering.

Response: Accounts will be frozen, and funds reviewed for legitimacy. Toobit may cooperate with relevant authorities if necessary.

 

Accounts showing suspicious funding or withdrawal patterns, such as multiple accounts linked to the same wallet.

Response: Withdrawals to flagged wallets will be paused, and accounts will be subject to detailed review.

 

Engaging in wash trading, spoofing, or other forms of price manipulation.

Response: Involved accounts may face trading restrictions or permanent bans.

 

Includes, but not limited to:

Response:

Coordinated trading between related accounts to create artificial market conditions.

Response: Accounts involved will be flagged, and profits from such activities confiscated.

 

3.4 Liquidity arbitrage

Includes, but is not limited to:

3.4.1 Low-liquidity order book arbitrage

Repeatedly opening and closing positions within extremely narrow price ranges (including single-tick spreads) on low-liquidity trading pairs or shallow order books, where profits are primarily derived from order book characteristics rather than normal market price movements.

3.4.2 Large-order liquidity and execution arbitrage

Exploiting Toobit's liquidity, quotation, or execution mechanisms to repeatedly obtain abnormal execution advantages through large-volume trades with limited market exposure.

Examples include, but are not limited to:

• Frequently opening and closing large positions to benefit from unusually low slippage or favorable execution conditions.

• Repeatedly exploiting platform-specific liquidity or execution characteristics to obtain execution conditions that would not normally be achievable under standard market conditions.

• Trading strategies where profits are primarily generated from Toobit's liquidity, quotation, or execution mechanisms rather than genuine market price movements.

 

3.4.3 Trading under abnormal market conditions

Executing repetitive or unusually large-volume trades during periods of limited market liquidity, low trading activity, or other non-standard market conditions in order to exploit temporary execution characteristics or order book imbalances.

Examples include, but are not limited to:

• Repetitive trading during low-liquidity periods.

• Large-volume trading on illiquid trading pairs primarily to exploit temporary market conditions.

• Trading strategies designed to benefit from abnormal liquidity conditions rather than normal market exposure.

Response:

Accounts identified as engaging in liquidity arbitrage may be subject to profit adjustments, confiscation of abnormal profits, trading restrictions, account limitations, suspension, or other enforcement measures at Toobit's sole discretion.

3.5 Additional prohibited trading behaviors (Toobit reserves the right to monitor and penalize, including but not limited to):

• Using multiple accounts to fulfill activity requirements (e.g, trading volume for rewards).

• Submitting or editing orders with the intention of misleading the market.

• Simulating trading activity without real market intent (e.g, placing orders far from market price).

• Attempting to use Toobit's bonus or "guaranteed P&L" features for arbitrage without risk.

• Executing self-trades (e.g, same account acting as both buyer and seller).

• Trading solely to generate commissions without risk-bearing behavior ("fee farming").

 

Using accounts on behalf of third parties or engaging in activities with suspicious funds.

Response: Accounts may be permanently banned if found to be in violation.

 

Actions such as claiming payment without transfer, or creating falsified transaction records.

Response: Accounts engaging in such activities will face immediate restrictions and potential legal action.

 

Toobit reserves the right to:

Restrict account access, including login and withdrawal capabilities.

Confiscate any illicit gains resulting from prohibited activities.

Report suspicious activity to regulatory or law enforcement authorities where applicable.

This policy is part of Toobit's commitment to maintaining a secure and transparent trading environment. For further inquiries or assistance, please contact our Customer Support.