SarrafEx

To assess Sarrafex's credibility, one must distinguish between «legal identity», «membership in trade associations», «a license to operate a crypto exchange» and «operational credibility». Sarrafex was registered as a limited liability company under the legal name Danesh Hooshmand Donyaye Majazi Technology Company on 11 Mehr 1401, with registration number 602795 and national ID 14011548212. Therefore, the legal identity and place of operation of this company are traceable. The company's name also appears on the member list of the Iran Fintech Association, and its membership in the Iran Blockchain Association has been reported.

However, company registration, knowledge-based status or membership in specialized associations does not mean holding an independent and definitive license to custody and exchange crypto. Also, according to the latest published inquiry, Sarrafex's membership in the Computer Trade Organization ended in Ordibehesht 1403, and no valid public evidence of its renewal has been seen. Therefore, these items should be regarded as signs of the company's identity and operating history, not as a guarantee of capital safety or fulfillment of financial obligations.

In terms of global standing, at the time of this review Sarrafex is not listed among the ranked exchanges on CoinMarketCap or in CoinGecko's exchange trust score table. As a result, no specific global rank, verified trading volume, international trust score or citable market share is available for it. Sarrafex is mainly considered a centralized platform targeting the Iranian market, and the claim that its trading core is connected to global markets is not, on its own, enough to place it among international exchanges.

Overall, in terms of registered identity, Sarrafex is not an anonymous company or one without an address; however, the lack of a credible global ranking, the absence of a proof-of-reserves report and ongoing disruptions to asset withdrawals mean that its operational credibility under current conditions comes with serious uncertainty. Therefore, the company's official registration or membership in trade associations alone is not enough to assess the security of this exchange, and the actual status of withdrawals should be tested and checked again before making any deposit.
 

 
Has the Sarrafex exchange had a history of hacks or fraud?

As of this writing, no official and verified report has been published by the Cyber Police (FATA), judicial authorities or credible trade bodies of a hack of Sarrafex's infrastructure, large-scale theft of user assets or a conviction of the company for fraud. Therefore, based on the available documentation, Sarrafex cannot be described as «hacked» or a «scammer». The absence of such a report, of course, does not mean a complete guarantee of the platform's security or financial health.

On the other hand, there are numerous user reports of delays in or inability to withdraw funds, and a review of recent data also confirms that Rial and crypto withdrawals were disabled at several consecutive points in 1405. This situation is not evidence of a hack or fraud, but it is a serious operational warning, because access to assets and timely execution of withdrawals is one of the main criteria for gauging the health of any centralized exchange. Until a stable return of withdrawals and effective support responsiveness are independently confirmed, holding large or long-term amounts on Sarrafex will carry considerable risk.