arz24
Teagle Score
Teagle user score
Introducing the Iranian Exchange Arz24
Arz 24 is a platform active in buying and selling Tether and TRON. Arz 24 attracts users with the promise of buying currency at prices up to 15% higher than other exchanges, which, while appealing, can be considered a serious red flag. Multiple website addresses, poor web search results and the website's weak user interface can all be considered signs that this exchange is not trustworthy.
Teagle risk warning for arz24
Warnings
Reviewing Arz24 Exchange's Credibility, Ranking and Licenses
Reviewing the credibility, rating and licenses of Arz 24 exchange
Our review shows that Arz 24 exchange has no legal license and the address listed on its official website is incomplete (Tehran, Ayatollah Kashani). No valid phone number is available either, and even the images for the eNamad and the membership in the Union of Virtual Businesses are not clickable. The exchange's website interface also looks unprofessional; dedicated content such as «About Us», through which you could learn about its background, history and credibility, is not available. Therefore, it can be said that this exchange does not have sufficient credibility.
Does Arz 24 exchange have a history of hacks or fraud?
Officially, Arz 24 exchange has no reported history of hacks or fraud; however, the way Arz 24 exchange operates can put it on alert status. As mentioned, it is accused of a lack of transparency because it buys Tether at a price higher than the market (15%). In addition, the exchange's website does not have a suitable user interface, and the images for the trust seal, etc. are not clickable either.
Cryptocurrencies on the Iranian Exchange Arz24
Coins on the Iranian exchange Arz24
- Tether (USDT)
- Tron
- Tron
- Tether
Costs at Arz24: Deposit, Withdrawal and Fees
According to our inquiry with Arz24 exchange's support, this exchange does not charge any fee or cost for trading.
Special Services of Arz24 Exchange
Special Services of Arz24 Exchange
Arz24 exchange has introduced its services with a focus on one unconventional service, which we discuss below. Buying Tether and TRON at a price higher than the market price is the main service of this crypto exchange , which it is not; moreover, as mentioned earlier, the logic behind this exchange buying Tether and TRON from users at a higher price is unclear. There are also reports from users on the web of rials not being deposited after selling currency to this exchange, although some other users have said their transactions were successful. Another service of this exchange is its support, which is only available by submitting a ticket.
Download the Arz24 Exchange App
Review of the Arz24 exchange app's user experience
Since this exchange's app can only be downloaded through its website, no feedback has been posted online so far about the user experience of the Arz24 exchange app.
