How to Buy Bitcoin (BTC) in Iran

Written by KingsHOK

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.

Shall we…?

How to Buy Bitcoin: Consider the Be...

How to Buy Bitcoin: Consider the Best Options

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

My advice is to choose from the best cryptocurrency exchanges in Iran, and remember to use their respective links to avoid phishing scam.

1. Binance

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.

Pros	Cons
Trustworthy management	KYC is required
High volume exchange	Few payment options
Large number of crypto pairs
Low fees
Global support

Buy Bitcoin from Binance

2. LocalBitcoins

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.

Pros	Cons
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
Private

Buy BTC on LocalBitcoins

3. LocalCryptos

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.

Pros	Cons
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

Buy BTC using LocalCryptos

4. Changelly

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.

Pros	Cons
Fast	Limited payment methods
Private
Low fees
High exchange limits
Good customer service

Buy Bitcoin on Changelly

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.

Pros	Cons
Easily accessible	Distance to travel
Convenient	Higher fees than most exchanges
Fun to use
Physical kiosk
Gives transaction receipt
Good customer service

Frequently Asked Questions

Can you buy Bitcoin in Iran?

Yes you can buy Bitcoins in Iran and through any of the crypto exchanges listed above, as most of them are cheapest exchanges in the market.

Which Bitcoin wallet works in Iran?

There’s no specific wallet for Iranians, but your can read my beginners guide on crypto wallets to understand about different options to choose.

Is cryptocurrency banned in Iran?

Early April 2018, Iran currency (Di riel) fell to all-time low. Banks, credit institutions and exchanges had to avoid any sale, or purchase of digital currencies.

Is Bitcoin legal in Iran?

In July 2019, Iran became one of the first countries to recognize and license Bitcoin mining as a legitimate industry.

Can you sell Bitcoin in Iran?

The easiest way to sell Bitcoin in Iran is to use any of the best Peer-to-Peer exchange marketplaces on the internet.

What is the best place to buy BTC in Iran?

LocalBitcoins is the easiest and most accessible method for buying BTC in Iran. As the verification process is simple and secure for all users worldwide.

Customers can choose to start buying and selling Bitcoin anonymously, using any one of over 40 different payment methods on the P2P exchange.

Final words

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.

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