Bitcoin adaptation in Iran as payment method is quite increasing!
This particular country somehow, happens to be the home for most of the popular BATMs (Bitcoin Automated Transfer Machines) in the crypto market.
Today, we’re going to look at some of the best ways to purchase Bitcoin for the first time in Iran.
Without much ado, let’s begin.
How you can buy BTC in Iran
Incase you must know, the process to buy Bitcoin in most places are similarly the same, but the difference is how you get to deposit your funds.
- Choose reliable crypto exchange
- Register and complete KYC (i.e. Know Your Customer)
- Deposit fiat (depending on the exchange)
- Buy Bitcoin.
That’s it! You have successfully bought your first Bitcoin cryptocurrency through an exchange online.
Best ways to buy Bitcoin in Iran
Binance is an exchange for experienced investors who are looking for a respectable platforms to perform real-time exchanges.
It has support for over 166+ cryptocurrencies.
Both beginners and advanced investors have a myriad of tools and pairs available to them within one powerful exchange platform.
It accepts deposits in over 50+ currencies including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more.
|Trustworthy management||KYC is required|
|High volume exchange||Few payment options|
|Large number of crypto pairs|
LocalBitcoins a P2P (Person-to-Person) Bitcoin exchange marketplace that specializes in connecting buyers and sellers, while serving as an escrow.
This platform gives vendors the ability to create offers in all currencies.
|Available in every country of the world||Lack of cryptocurrency diversity|
|A diverse selection of buyers and sellers||Sellers and buyers can be scammed|
|Supports many payment methods|
|Buyers get their Bitcoins fast|
LocalCryptos launched in 2015, was initially known as LocalEthereum P2P platform for specifically buying Ethereum (ETH) only.
The platform later rebranded – adding support for Bitcoin (BTC) and Litecoin (LTC) and some other established crypto-coins.
It’s also a non-custodial peer-to-peer exchange, which means you do not have to deposit your crypto directly on the platform to sell.
Also, you are not required to verify your identity to use LocalCryptos.
Compared to Paxful, LocalCryptos has fewer payment methods, even though it continues to expand aggressively.
Sellers pay a 0.25% trading fee while buyers pay a 0.75% trading fee.
|60+ payment methods||Few supported cryptocurrencies|
|Trade BTC, ETH, and LTC||Vendors can get scammed|
|No KYC verification|
|Lower exchange fee|
|High security than other P2Ps|
Changelly is an instant exchange that supplies the best live rates on the cryptocurrency market for every pair.
The interface is colourful, attractive and simple to use.
The transactions on this platform are performed instantly and smoothly, without having to search through numerous exchanges.
Changelly accepts USD, EUR, and GBP for buying cryptocurrency.
|Fast||Limited payment methods|
|High exchange limits|
|Good customer service|
5. Bitcoin ATM
Finding a Bitcoin ATM is a great way to buy bitcoin instantly if you have cash on hand.
There is a Bitcoin ATM in every region of the world.
Check out my guide on how to find Bitcoin ATM on the map on Coin ATM Radar, to see if there is one near you.
|Easily accessible||Distance to travel|
|Convenient||Higher fees than most exchanges|
|Fun to use|
|Gives transaction receipt|
|Good customer service|
Frequently Asked Questions
Now that you finally purchased your precious Bitcoin, it’s not a great idea to leave it on an exchange, as they are not safe crypto wallets.
Don’t have a wallet yet?
Check out my guide to find the best Bitcoin and cryptocurrency hardware wallets.
To avoid losing your monetary wealth and investment in exchange hacks, you should always move your crypto funds to your secure personal wallet.