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XPay

Dedicated app
Iranian exchange
Asset custody on the exchange
Services to Iran
+1More
Teagle Score

Teagle user score

(0)

5

0

XPay logo
Founded2020
Head officeIran
Exchange typeCentralized
Trading fees0
Number of cryptocurrencies+100
Minimum deposit10 thousand Toman
Go to XPayCompare
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Introduction to XPay Exchange

The XPay crypto exchange, owned by Novavaran Tabadol Hooshmand Novin, began operating in the Iranian market in 1399. This crypto exchange , which operates under the supervision of legal authorities, fintech associations and the Computer Trade Organization, offers buying and selling of more than 100 different cryptocurrencies with zero fees. The exchange's operational features include a fast identity verification (KYC) process, 24-hour online chat support and a mobile app. Asset security on this platform is ensured by keeping the bulk of the coins in offline (cold) storage.

Teagle risk warning for XPay

Teagle warnings, licence status, regulators' warnings and users' verified complaints
Risk-spotting guide

Warnings

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Is XPay Exchange Reliable?

XPay exchange has been operating since 1399 under the legal name «Noavaran Tabadol Hooshmand Novin», and its founding notice is registered in the country's Official Gazette. The platform is a member of the Iran Fintech Association and the Iran Blockchain Association, and for security it keeps more than 90 percent of user assets in cold (offline) wallets. All of this exchange's services are provided within the framework of the country's current laws, and by publishing its legal licenses on its official website it has tried to show that it has sufficient credibility. Even so, alongside approval from legal authorities, ongoing review of performance and user feedback is always recommended to make sure any financial platform's credibility holds up.

Image of XPay exchange's membership license in the Tehran Guild Organization of Subsidy

XPay exchange's membership in the Fintech Association

XPay exchange's membership in the Blockchain Association

XPay exchange's founding notice in the Official Gazette of the Islamic Republic of Iran

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Two-factor authentication Has

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Global ranking Has

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Hack history Has

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Security certification Has

Updated Ordibehesht 1404

To date, no history of hacking or fraud has been recorded for this exchange, and the exchange has tried to show, by publishing its legal documents, that it is credible enough for its platform to be used.

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Review of Coins on XPay Exchange

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tron (TRX)
  •  Tether Gold (XAUT)
  • Binance (BNB)
  • Chainlink (LINK)
  • Litecoin (LTC)
  • Dogecoin (DOGE)
  • Cardano (ADA)
Newest coins
  • Hyperliquid (HYPE)
  • NEAR (NEAR)
  • Synthetix (SNX)
  • Zcash (ZEC)
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Fees on XPay Exchange: Deposits and Withdrawals

Rial (Toman) withdrawals: the fee for transferring funds to a bank account is set by the banking network, but XPay exchange has the lowest fee compared to its competitors. Crypto withdrawals: the cost of withdrawing crypto from the exchange and transferring it to a personal wallet is calculated based on the blockchain network's rates. To deposit to XPay exchange, you first need to open an account on the exchange, and no fee is deducted for deposits.


XPay Exchange Trading Fees

On XPay exchange, the fee for buying and selling all cryptocurrencies is set at zero for traders. Costs related to Rial withdrawals are set by the banking network, and crypto transfer fees are set by the relevant blockchain network. The platform also offers the lowest trading spread, making it possible to trade at the best market price.

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XPay Services: Challenges and Rewards

XPay exchange offers a user-friendly platform that, besides making crypto trading easier, provides a range of incentive programs and rewards to attract and retain its users. With a focus on earning through inviting friends and periodic airdrops, the exchange has created an engaging environment for its users:

  • Commission-free buying and selling: All users can trade more than 100 different cryptocurrencies with zero fees and the lowest trading spreads.
  • Earning system (Referral): There is an opportunity to earn millions and share up to 50 percent of the platform's profit for inviting friends to the exchange.
  • Dedicated app and wallet: Easy trade management and secure storage of assets in cold and hybrid wallets are possible through the dedicated mobile app.
  • Instant settlement and 24-hour support: Round-the-clock support is provided every day of the week, and Toman withdrawals are settled quickly in the shortest possible time.
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Download the XPay Exchange App

A Review of the XPay App's User Experience

User reviews of the XPay app's user experience range from complete satisfaction to harsh criticism. Some users have described the app as excellent, secure and bug-free, while others have complained about serious problems such as long delays in settlements, inadequate support responsiveness and withdrawal restrictions. This contrast shows that despite a user interface that some find pleasing, others have faced serious challenges with financial processes.

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Expert Review: Which Traders Is XPay Exchange Suitable For?

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XPay Exchange Head Office Details

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Frequently Asked Questions About XPay Exchange

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Articles Related to XPay Exchange

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