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
- Go-to the exchange marketplace
- Choose a trusted crypto vendor
- Enter your desire amount to buy
- Follow the instruction for payment
- Make payment using specified method
- Allow the vendor to confirm payment
- Receive Bitcoin equivalent to the amount paid.
Now that you finally purchased your precious Bitcoin, it’s not a great idea to leave it on an exchange where you bought it, to avoid loosing them.
To protect your Bitcoin investments, you should implement proper security measures.
Use strong and unique passwords for your accounts and enable two-factor authentication whenever possible.
Consider using a secure wallet to store your Bitcoin, such as a hardware wallet with strong encryption.
Using a reliable VPN (Virtual Private Network) can also help you stay anonymous to hide your transaction footprint during this process.
Best ways to buy Bitcoin in Iran
1. Binance (Recommended)
Binance P2P is a platform provided by the renowned cryptocurrency exchange for Peer-to-Peer transactions.
It enables users to buy and sell Bitcoin and other cryptocurrencies directly with other users using various payment methods.
Binance is for experienced investors who are looking for a respectable platform 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
- High volume exchange
- Large number of crypto pairs
- Global support
- Low fees
Changelly is an instant exchange that supplies the best live rates on the crypto market for every pair.
The interface is colourful, attractive, simple to use, and accepts USD, EUR, and GBP for buying cryptocurrency.
Transacting on the platform is very instant and smooth, without having to search through numerous exchanges.
- Good customer service
- High exchange limits
- Low fees
3. 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.
- Gives transaction receipt
- Good customer service
- Easily accessible
- Physical kiosk
Buying BTC in Iran may come with its challenges due to the evolving legal landscape and limitations on traditional payment methods.
However, by understanding the legal framework, exploring peer-to-peer marketplaces, and following best practices, individuals in Iran can buy Bitcoin.
Lastly, be cautious of potential risks in the cryptocurrency market.
Beware of unsolicited investment offers and opportunities that promise unrealistic profit on websites that appear suspicious.
Stay informed on the latest security practices, while educating yourself on common scams to protect yourself from fraudulent activities.