The best crypto exchanges for Iranian users

LBank is one of the best sanction-free global crypto exchanges and was founded in 2015. It lets Iranian users buy and sell major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) with more than 149 fiat currencies and through more than 20 different payment methods. LBank holds licenses such as National Futures Association (NFA) registration in the United States and Italian Organismo degli Agenti e dei Mediatori registration in Italy, a sign of the exchange's commitment to international standards of security and transparency. These licenses mean LBank is required to comply with anti-money-laundering and counter-terrorist-financing rules. To sign up on LBank, see our dedicated article.

For users inside Iran, choosing a trading platform isn't only about fees and coin variety; identity verification, rial support and access restrictions matter too. That's why a look at Iranian crypto exchanges can give you a clearer picture of the local options and how they differ from global platforms.

LBank pros

• Wide range of trading: spot, margin, futures trading on LBank, staking, ETFs, P2P, grid trading and LBank copy trading.
• Wide coin selection: more than 800 cryptocurrencies and 1,000 trading pairs.
• Many payment methods: more than 20 payment methods, including credit cards, bank transfers…
• Mobile and desktop apps: easy access from a range of iOS and Android devices.
• Strong security: international licenses, cold storage of assets, two-factor authentication and asset insurance.
• Persian language support: Iranian users can use its Persian version.

LBank cons

• No identity verification for Iranians: Because of international restrictions, LBank doesn't offer full identity verification to Iranian users, which can limit access to some features or to high-volume withdrawals.

Toobit is another of the best sanction-free global crypto exchanges. It launched in October 2022 and is registered in the Cayman Islands. The platform operates under an MSB (Money Services Business) license from the US Financial Crimes Enforcement Network (FinCEN). This license means Toobit is required to comply with anti-money-laundering and counter-terrorist-financing rules. The Toobit team has offices in Russia, South Korea and Turkey, and its goal is to give users a safe, efficient and varied trading experience.

Derivatives trading isn't for everyone, but for more experienced traders, tools such as leverage, advanced orders and position management matter a great deal. Choosing a futures exchange should come down to security, liquidity, fees and risk-management rules, not just how much leverage is on offer.

Toobit pros

• Identity verification for Iranians: Iranian users can verify their identity on Toobit with Iranian documents.
• Wide range of trading: Toobit spot trading, Toobit futures trading with up to 150x leverage, Toobit copy trading and an API for automated trading.
• Wide reach: available in more than 100 countries.
• Competitive fees: Toobit has a multi-tier fee structure, so fees drop as your trading volume grows.
• Strong security: an MSB license from FinCEN and compliance with anti-money-laundering rules.

Toobit cons

• Geographic restrictions: because of international regulations and sanctions, users in some countries, such as Iraq, Congo and China, can't use this exchange's services.

CoinEx is a global crypto exchange launched in December 2017 by Haipo Yang. Set up to make cryptocurrency trading easier, the platform serves users in more than 200 countries. CoinEx supports more than 1000 cryptocurrencies and offers features such as spot, futures and margin trading and trading strategies, which makes it a popular choice among traders.

CoinEx features

• Wide range of trading: spot, futures with up to 10x leverage, margin and trading strategies.
• Support for more than 1000 cryptocurrencies: Bitcoin, Ethereum, Cardano, Dogecoin, Avalanche and many more.
• Proof of reserves with a Merkle tree: this method assures users that their assets are held in full and that the exchange does not tamper with them in any way.
• A complete financial ecosystem: part of the ViaBTC group, with a range of services such as the ViaWallet wallet, the CoinEx Smart Chain (CSC) and the OneSwap decentralized exchange.
• Wide reach: more than 4 million users in 200 countries.
• Competitive fees: spot trading fees start at 0.2% and futures fees at 0.03%.
• Strong security: proof of reserves with a Merkle tree, two-factor authentication, cold wallets and advanced security systems.
• Persian language support: support for 15 languages, including Persian.

CoinEx cons

• No identity verification for Iranians: CoinEx stopped serving Iranian users in mid-2026.
• Geographic restrictions: because regulations vary from country to country, CoinEx does not directly serve users in certain countries, such as the United States, China, Iraq, Congo and a few others.
• Some features are complex: advanced features such as futures and margin can be complicated for beginners.

XT.com is one of the best sanction-free global crypto exchanges and was founded in 2018. It lets Iranian users buy and sell major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) with more than 50 fiat currencies and through more than 15 different payment methods. Holding licenses such as an MSB (Money Services Business) registration in the United States, XT.com shows its commitment to international standards of security and transparency. These licenses mean XT.com is required to comply with anti-money-laundering and counter-terrorist-financing rules.

Among the global options, some users lean toward platforms that offer a wide coin selection, futures trading and a simpler user interface. Comparing BingX and MEXC makes it clearer how these two options differ in trading features, accessibility and terms of use.

XT.com pros

• Identity verification for Iranians: Iranian users can verify their identity on Toobit with Iranian documents.
• Wide range of trading: spot, margin, futures, staking, ETFs, P2P and copy trading on XT.com.
• Wide coin selection: more than 800 cryptocurrencies and 1,000 trading pairs.
• Many payment methods: more than 15 payment methods, including credit cards, bank transfers and digital wallets.
• Mobile and desktop apps: easy access via iOS, Android and the web.
• Strong security: international licenses, cold storage of assets, two-factor authentication and an insurance fund.
• Persian language support: a user interface that supports Persian for Iranian users.

XT.com cons

• Higher fees on small trades: trading fees on low volumes (0.1 to 0.25 percent) are higher than on some other exchanges.

To choose the right exchange, it's best to weigh a set of criteria together: security, reputation, fees, market variety, quality of support and user experience. The best crypto exchange can mean something different to each user, because a day trader's needs aren't the same as those of someone who simply buys and holds.

Given the sanctions-related restrictions, choosing a safe and efficient crypto exchange matters especially for Iranian users. Below, we go through the most important criteria to keep in mind when choosing an exchange:

Access for Iranian users

The first and most important point is to make sure the exchange doesn't restrict Iranian users. Exchanges that serve Iranian users are the better options.

Competitive trading fees

Trading fees directly affect the profitability of your trades. Exchanges with lower fees and flexible fee models are better options. To find the best exchange with zero spot fees, read our dedicated article.

Variety of cryptocurrencies

The more cryptocurrencies an exchange supports, the more varied your investment opportunities will be. The main weakness of Iranian exchanges is their limited coin selection, which is why this criterion matters so much.

Security and transparency

The security of your assets is the top priority. Exchanges that use advanced security measures such as two-factor authentication and cold wallets offer stronger protection. Financial transparency and publishing proof of reserves are also important for building trust.

Advanced trading features

If you're a professional trader, look for exchanges that offer advanced features such as futures, margin and staking, along with other services such as copy trading and other tools that give you different ways to earn from the crypto market.

Persian language support

Persian language support can help you understand the platform better and solve any problems that come up. Of course, if you know English, this criterion doesn't matter.

High liquidity and trading volume

Exchanges with high liquidity let you trade faster and at better prices. That's why, when choosing an exchange, you should also look at its liquidity and trading volume.

Easy-to-use interface

A simple, user-friendly interface makes for a better trading experience. It's also very important that beginners can trade on it too.

No, you don't have to use a global exchange to buy and sell cryptocurrency. Iranian exchanges are good options too and have their own advantages. However, they also have limitations that some users may not find appealing. We cover this in more detail below.

Why do some users prefer global exchanges?

• Wider coin selection: global exchanges usually support a much wider range of cryptocurrencies and give access to newer, lesser-known projects.
• More advanced features: many global exchanges offer features such as large-cap trading, high-leverage futures and advanced technical analysis tools, which are very attractive to professional traders.
• Higher trading volume: trading volume on global exchanges is usually much higher, which means more liquidity and the ability to place larger trades with less slippage.

Why do some users prefer Iranian exchanges?

• Greater security: Iranian exchanges are usually supervised by domestic financial authorities and must comply with domestic laws and regulations. For users, this means a higher level of security.
• Better support: Iranian exchanges usually offer better support in Persian, and if a problem comes up, users can get in touch with them more easily.
• Ease of use: the interface of an Iranian exchange is usually simpler and easier for Iranian users to understand.

In the end, the choice between an Iranian and a global exchange depends on your own needs and priorities. If a wide coin selection and more advanced features matter more to you, you may prefer a global exchange. But if security and ease of use matter more, an Iranian exchange will be the better option.

Because of international restrictions and the need for security and easy trading, choosing the best crypto exchange matters a great deal for Iranian users. Below is a brief introduction to five reputable exchanges.

To attract new users or boost trading volume, some exchanges run various incentive programs, and their terms should always be checked carefully. Understanding crypto exchange bonuses helps a trader look beyond the headline reward and also weigh the restrictions, deadlines and withdrawal rules.

• Toobit: with a simple interface, a wide range of coins and up-to-date features, this exchange offers identity verification with Iranian documents. It provides strong security with two-factor authentication and charges fees of 0.2 to 0.5 percent.
• LBank: LBank, the best no-KYC exchange, is a good option thanks to its speed and Persian-language support. It offers strong security and fees below 0.4 percent.
• XT.com: with identity verification for Iranians and a wide range of trading pairs (more than 1000 coins), XT.com suits professional traders. Its fees range from 0.1 to 0.25 percent.
• Bitunix: Bitunix offers identity verification for Iranians and a simple interface, and supports a wide range of coins and rial deposits/withdrawals. It provides strong security and charges fees of 0.3 to 0.5 percent.
• Tetherland: focused on USDT trading and identity verification with Iranian documents, Tetherland offers fast buying and selling in rial. It has low fees (under 0.3 percent) and strong support.