Nobitex exchange review
Iran's largest exchange — the gateway for toman into the crypto world.
Bitfa rating: 4.5 out of 5
Nobitex at a glance
Nobitex review
Nobitex has been operating since 2017 and is Iran's largest crypto exchange by number of users and trading volume. For most Iranian traders, Nobitex is the starting point: the place where they convert toman to USDT so they can trade on international exchanges.
Direct toman deposits and withdrawals through a bank gateway, a smooth app and Persian support are Nobitex's main strengths. Identity verification with Iranian documents (national ID number) is mandatory, which is normal for an Iranian exchange.
History of Nobitex
Nobitex launched in Tehran in 2017, when buying Bitcoin was still a complicated and risky business for Iranian users. The original idea was simple: a safe, rial-based market for buying and selling crypto — and that idea turned Nobitex into Iran's largest exchange.
Today Nobitex has millions of registered users and the deepest rial order book in the Iranian market, and for many traders it is the first and last link between toman and the crypto world.
Is Nobitex suitable for Iranian users?
Nobitex security
Two-factor authentication (2FA)
Logins and withdrawals are locked with Google Authenticator or SMS.
Cold storage
The bulk of user assets is kept in offline wallets.
Withdrawal address confirmation
Crypto withdrawals to a new address need email/SMS confirmation, so a hijacked account can't be drained instantly.
Tiered withdrawal limits
Daily withdrawal caps based on your verification level — a barrier against an account being suddenly emptied.
In-house security team
Monitoring of suspicious transactions and a bug bounty program to uncover vulnerabilities.
Trading pairs on Nobitex
More than 300 cryptocurrencies trade on Nobitex against toman and USDT; for Iranian users, the toman markets are the most important pairs.
- Toman markets: BTC/IRT, ETH/IRT, USDT/IRT and dozens of other rial pairs — Iran's deepest rial market.
- USDT markets: the same coins paired with USDT, for traders who think in dollars.
- Major coins and altcoins: Bitcoin, Ethereum, Solana and the market's well-known altcoins.
Nobitex features
Professional spot market
A full order book with Limit/Market/Stop orders and technical charting.
Quick buy
Instant buying and selling at the live price for newcomers — no need to deal with the order book.
Toman deposits and withdrawals
Shetab gateway and direct bank settlement — the backbone of how people use Nobitex.
Mobile app
Android and iOS apps with every feature of the web version.
Trading API
Full documentation for arbitrage bots and automated rial trading.
Price alerts and watchlist
Instant notifications when the price reaches your chosen level.
Nobitex fees
| Trading fees | Tiered — starts at 0.35% and falls as your monthly volume grows |
|---|---|
| Toman deposit | Via the Shetab gateway (bank gateway fee) |
| Toman withdrawal | In line with bank settlement charges |
| Crypto deposit | Free |
| Crypto withdrawal | Varies by network (USDT on TRC20 is the cheapest route) |
Volume discount
The higher your 30-day trading volume, the lower your fee tier.
Toman pairs vs USDT pairs
When converting toman↔USDT, always compare Nobitex's live price with Wallex and Tetherland; gaps of a few tenths of a percent are common.
Nobitex pros and cons
✔ Pros
- Direct toman deposits and withdrawals
- The largest, most liquid rial market
- Persian-language app and support
- Long track record and high user trust
✖ Cons
- Higher fees than global exchanges
- No futures or leverage
- The USDT price depends on supply and demand in the domestic market
🔍 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 Nobitex app and its features
The Nobitex app is the most installed Iranian exchange app and offers quick buying and a pro market in one place.
- ✔ Fast buying and selling with toman
- ✔ Pro market with charts
- ✔ In-app deposits and withdrawals
- ✔ Price alerts
- ✔ In-app identity verification
Step-by-step guide to signing up on Nobitex
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 Nobitex
How to sign up and verify your identity on Nobitex
- Sign up on nobitex.ir with your mobile number and email.
- Upload your national ID number and a photo of your national ID card, then record the verification video.
- Register a Sheba (IBAN) or bank card number in your own name; approval usually takes a few hours.
- Turn on two-factor authentication (2FA).
How to buy USDT with toman
- Deposit toman into your Nobitex wallet through the Shetab gateway.
- Place a buy order in the USDT/IRT market (a Limit order usually gets a better rate).
- The USDT you buy lands in your spot wallet, ready to transfer.
How to transfer USDT to a global exchange
- On the global exchange (LBank, for example), copy your USDT deposit address on the TRC20 network.
- On Nobitex, submit a USDT withdrawal on the same network and confirm it with 2FA.
- Test with a small amount the first time; the USDT arrives at the destination within a few minutes.
How to cash out profits (the return route)
- Send USDT from the global exchange to your Nobitex USDT deposit address (TRC20).
- Sell in the USDT/IRT market and withdraw the toman to your own bank account.
💡 Nobitex has no futures or leverage; its role in Bitfa's recommended strategy is the “rial gateway”: buy USDT here, then trade professionally on global partner exchanges.
Is Nobitex good for trading? (Bitfa's verdict)
For moving money in and out in rial, Nobitex, with the deepest toman market and the highest user trust, is still the number-one option in the Iranian market. Its fees are slightly higher than its rivals', but for most users its liquidity and track record justify the difference.
Bitfa's recommended combination: Nobitex (or Wallex/Tetherland for a better rate) for converting toman↔USDT, plus a no-KYC global exchange such as LBank for spot and futures trading.
Sign up on NobitexNobitex FAQ
How does Nobitex fit alongside a global exchange?
The most common scenario: buy USDT with toman on Nobitex and transfer it to a global exchange (such as LBank) for futures trading, then take the reverse route to cash out your profits.
What are Nobitex's fees?
They are tiered, starting at around 0.35%, and fall as your monthly trading volume grows.
Is Nobitex safe?
Nobitex is the oldest and largest player in the Iranian market, but as with any exchange, keep long-term holdings in a personal wallet and move large amounts in stages.
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.