Bitpin exchange review
A young Iranian exchange with a smooth app and low fees.
Bitfa rating: 4.3 out of 5
Bitpin at a glance
Bitpin review
Bitpin entered the market in 2020 and grew quickly by focusing on the mobile user experience and competitive fees. The Bitpin app is one of the smoothest apps for buying and selling crypto in Iran.
As with other Iranian exchanges, toman deposits go through a bank gateway, and identity verification with a national ID number is mandatory.
History of Bitpin
Bitpin entered the market in 2020, later than Nobitex and Wallex, but with a trump card: a total focus on the mobile experience. A smooth app and a simple buying process helped Bitpin quickly win a place among newcomers.
Today, with more than 200 coins and competitive fees, Bitpin is a popular choice for people who want to buy and sell on their phone without any complexity.
Is Bitpin suitable for Iranian users?
Bitpin security
Two-factor authentication
Logins and withdrawals are locked with a 2FA code.
Cold storage
The bulk of user assets is kept offline.
Withdrawal confirmation
Withdrawals require SMS/email confirmation.
Bitpin features
Smooth app
One of the best mobile experiences for buying crypto in Iran.
Low fees
An entry tier of around 0.2% — among the cheapest in the rial market.
Simple buying
Instant purchases with toman in a few taps, ideal for newcomers.
Pro market
An order book for traders who want more control.
Toman deposits and withdrawals
Shetab card gateway and bank settlement.
Bitpin fees
| Trading fees | Tiered — from around 0.2% |
|---|---|
| Toman deposit | Shetab gateway |
| Toman withdrawal | Standard bank charges |
| Crypto deposit | Free |
| Crypto withdrawal | Varies by network |
Bitpin pros and cons
✔ Pros
- Very smooth mobile app
- Low base fee
- Toman deposits and withdrawals
- Easy buying for newcomers
✖ Cons
- Less market depth than Nobitex and Wallex
- More limited pro tools
🔍 This review is based on real testing by the Bitfa team (sign-up, deposit, trading and withdrawal with our own money) and is updated whenever the exchange's conditions change.
The Bitpin app and its features
The Bitpin app is the heart of this exchange: light, fast and simple, designed so your first crypto purchase goes through without any confusion.
- ✔ Instant buying with toman
- ✔ Pro market
- ✔ Portfolio management
- ✔ Price alerts
Step-by-step guide to signing up on Bitpin
Go to the exchange's website
Use the sign-up button on this page to go to the exchange's official website.
Create an account
Sign up with your mobile number and enter the SMS verification code.
Identity verification (KYC)
Upload your national ID number and identity documents; approval usually takes a few hours.
Deposit and start trading
Deposit toman through the bank gateway and make your first purchase.
How to deposit, withdraw and trade on Bitpin
Getting started on Bitpin
- Install the app and sign up with your mobile number.
- Complete identity verification with your national ID number and register your bank card.
- Deposit toman and make your first purchase (USDT, for example).
💡 Bitpin doesn't offer futures either; if leveraged trading is your goal, buy USDT here and trade on Bitfa's global partner exchanges.
Is Bitpin good for trading? (Bitfa's verdict)
Bitpin is the best choice for a simple, mobile-first start: low fees, a smooth app and hassle-free buying. For heavy volumes or thinner pairs, keep Nobitex and Wallex on hand as well.
Sign up on BitpinBitpin FAQ
Who is Bitpin best suited to?
People who want to buy and sell crypto simply and quickly on their phone; the user experience of the Bitpin app is one of its main strengths.
Is Bitpin trustworthy?
Bitpin is one of the well-known Iranian exchanges, with several years of continuous operation behind it; even so, the rule of keeping long-term holdings in a personal wallet always applies.
Reviews of the top Iranian and global exchanges
⚠️ Risk warning: trading cryptocurrency, especially leveraged futures, carries high risk and may result in the loss of your capital. This page is for information only and is not investment advice. Some of the links on this page are affiliate links.