What is a digital currency exchange?

"Cryptocurrency Exchange" refers to a platform where digital currencies such as Bitcoin, Tether, Ethereum, etc. can be traded. Cryptocurrency exchanges offer their services online to a large number of users. There are two types of cryptocurrency exchanges:

Centralized exchanges:

Centralized exchanges act like banks; This means that all transactions and user activities are monitored by a central system. In these exchanges, if users make a mistake, they can follow up with the tracking code they received during the transaction. Binance is the world's largest cryptocurrency exchange, a centralized exchange. Iranian exchanges also operate mostly in a centralized manner. This means that in order to start working in them, the user must go through the registration and KYC authentication procedures.

Decentralized exchanges:

Decentralized exchanges, abbreviated as "DEX", are a new type of exchange in which there is no central system and supervision; Rather, users communicate and transact with each other in a "P2P" peer-to-peer manner. To trade in these exchanges, there is no need for authentication by the user, and users can trade completely anonymously. Therefore, most of the responsibility of maintaining assets in these exchanges is on the user. Uniswap and Sushiswap are examples of decentralized exchanges.

Bitpin is the best Iranian digital currency exchange

There are hundreds of different cryptocurrency exchanges around the world; But inside the country, many efforts have been made to provide crypto services. So that inside the country there are several reliable cryptocurrency exchanges that a large number of Iranian users use their services. Bitpin centralized exchange is one of the most reliable Iranian exchanges, which is also very popular among users. This exchange started its activity in 2019 and has been able to take good steps towards serving its users. Bitpin exchange, as the best Iranian digital currency exchange, organizes many festivals and special activities that allow users to take advantage of them to obtain digital currency or better opportunities to buy bitcoins and other digital currencies.

Bitpin exchange facilities for Iranian users

If you visit the Bitpin exchange to buy Bitcoin or any other digital currency, you may not be able to understand all the features and facilities of this exchange at first glance; Therefore, here, we mention the significant features and options of Bitpin, which are as follows:

• Providing the most professional cryptocurrency trading tools
• Has the highest level of security
• Support for trading more than 110 different digital currencies
• The existence of a requirement in the integrated authentication process
• With 24-hour online support
• Ability to see prices in real time
• Support for Tether and Toman currency pairs
• Ability to go through the authentication process in just a few hours
• Providing educational materials and supplementary materials to improve users' knowledge about digital currencies
• The possibility of issuing digital currency gift cards without any fees

The above items are among the main Bitpin exchange services for buying Bitcoin and other digital currencies. Users can use its superior features by registering and authenticating in Bitpin exchange. Users can share any questions or doubts about the mentioned features and how to use them through the option on the bottom right of the Bitpin website page with the experts of this website and get answers to their questions through online chat! For more information, you can follow Bitpin exchange news on the site.

How to buy Bitcoin from the best Iranian exchange

Buying bitcoins in the BitPin exchange has simple steps. In fact, the general steps of buying Bitcoin through Bitpin are as follows:

Enter the Bitpin website through the link - https://bitpin.ir/.

Complete your registration by entering the required valid information from the "Login/Registration" section.

From the upper left part of your user account page (user name), click on "User Account" and then click on "Start Authentication" to complete the five steps of authentication by uploading your desired identity information.

After that, through the top menu of your account page, enter the "Easy Purchase" section and buy bitcoins or other digital currencies.

You can charge your Bitpin exchange account with rial deposit and then proceed to buy bitcoin or any other digital currency. Also, the 24-hour support of the Bitpin website can solve any problems or doubts you may have regarding the use of exchange services. This is despite the fact that most foreign exchanges do not have Persian support, and to use their support services, you must master English!

Additional tips for buying bitcoins from online exchanges

Whether you buy bitcoin through the Bitpin exchange or get help from another platform for this, in any case, you should take a series of security tips seriously so that you can take care of your cryptocurrency assets. Some of the most important points are as follows:

It is not necessary to allocate all the capital that you have planned to buy digital currency to buy Bitcoin. You can buy a portion of one bitcoin unit (for example, 0.2500 bitcoins) and spend the rest of your capital to buy other valuable digital currencies.

When entering your wallet address to transfer Bitcoin or any other digital currency from an exchange to a wallet, be sure to enter the correct wallet address; Otherwise, your digital currencies may no longer be accessible!

By taking into account the necessary security points related to the purchase of digital currencies, it is possible to earn a lot of profits from buying and selling or investing in these currencies. Our suggestion is that in addition to buying these currencies, you must increase your information about them so that you can make a better investment. If you have made your decision, enter the Bitpin exchange right now and make your first cryptocurrency purchase.