Bitpin Crypto Exchange Review: What You Need to Know in 2026

If you're in Iran or nearby regions and looking for a reliable way to buy, sell, or hold cryptocurrency, Bitpin is one of the most talked-about platforms. Launched in 2020, it wasn’t built to compete with Binance or Coinbase - it was built for people who need to trade crypto in a country where traditional banking access is limited. And for that, it’s done something most global exchanges won’t: it works reliably, even under sanctions.

How Bitpin Works in Iran’s Economy

Most crypto exchanges around the world ignore Iran. Sanctions make it risky. But Bitpin doesn’t just tolerate the situation - it built its entire system around it. The platform lets you trade directly in Iranian Toman (IRR) using Tether (USDT) as the main bridge currency. That means if you have USDT, you can convert it to Toman instantly. And if you have cash in Toman, you can buy Bitcoin or Ethereum without needing a foreign bank account.

This isn’t just convenient. It’s essential. With inflation hitting over 40% in Iran, many locals turned to crypto as a way to protect their savings. Bitpin became one of the few platforms that kept trading open when international exchanges froze access. Users report that Bitpin never shuts down buying or selling, even during political unrest or internet blackouts - a rare trait in this space.

Security: Cold Storage and Two-Factor Authentication

Security is where Bitpin stands out from local competitors. The platform stores over 95% of user funds in offline cold wallets. That means hackers can’t steal your Bitcoin just by breaking into their servers. The rest is kept in hot wallets for fast withdrawals, but it’s a small fraction.

Every account requires two-factor authentication (2FA). You can’t log in without a code from your phone, even if someone steals your password. Bitpin claims this setup makes their platform "unhackable" - and while no system is truly invincible, there’s no public record of a major breach on Bitpin since launch. That’s more than you can say for some global exchanges that have been hacked multiple times.

Supported Cryptocurrencies and Networks

Bitpin doesn’t offer hundreds of coins. But it offers the ones that matter most in Iran:

• Bitcoin (BTC)
• Ethereum (ETH)
• Binance Coin (BNB)
• TRON (TRX)
• Tether (USDT)

It also supports the Bitcoin Lightning Network (BTC-LN), which lets users send small payments instantly and cheaply. That’s useful for everyday transactions, not just trading. You can even send crypto as a gift card - no fees, no middleman. Just pick a recipient, send a code, and they redeem it on their own Bitpin app.

The platform also handles "dust" - tiny leftover amounts from trades that usually get lost. Bitpin lets you convert these into usable USDT, so nothing goes to waste.

The Mobile App: Simple, Fast, and Reliable

Bitpin’s Android app (available on Google Play) has over 100,000 downloads and a 3.9-star rating from 1,700+ reviews. It’s not flashy, but it works. The interface is clean: real-time price updates, a simple buy/sell button, and a wallet tab that shows all your holdings at a glance.

Users praise the app’s uptime. One review from Amir Hossein Moradi says: "Bitpin is the best, it never deactivates the purchase and sale of currency. It values its customers in all aspects, including exchange services. I am very satisfied." The app also includes:

• Market charts with technical indicators
• Price alerts for BTC, ETH, and USDT
• Instant peer-to-peer transfers
• 24/7 customer support access

There’s no iOS version yet. If you’re on iPhone, you’ll need to use the mobile website - which works fine, but lacks the push notifications and smoother experience of the Android app.

Customer Support: Always Available

Most global exchanges offer chatbots and email support with 24-hour delays. Bitpin offers real people - 24/7, even on holidays. You can reach them by:

• Live chat inside the app
• Phone call
• In-person visits to their Tehran office

That’s unheard of for most crypto platforms. It shows they’re serious about serving their users. If you get stuck on a transfer or need help with KYC, you won’t be left hanging.

Fees: The Big Unknown

Here’s the problem: Bitpin doesn’t publish its fee schedule. Unlike Binance or Kraken, which clearly list trading fees at 0.1% or lower, Bitpin keeps this private. You’ll see the price you pay when you make a trade, but there’s no breakdown of how much goes to the platform.

That’s a red flag for advanced traders. If you’re doing frequent trades, you need to know the costs. But for casual users buying Bitcoin once a month to protect savings, it’s less critical. Many Iranian users accept this opacity because the service is consistent and accessible - something you can’t get from international platforms that block them outright.

How Bitpin Compares to Global Exchanges

Bitpin vs. Global Crypto Exchanges

Feature	Bitpin	Binance / Coinbase / Kraken
Available in Iran	Yes	No (blocked by sanctions)
Supports Toman (IRR)	Yes	No
Trading fees	Not disclosed	0.1% - 0.4% (public)
Advanced trading (futures, API)	No	Yes
Mobile app rating	3.9/5 (1,700+ reviews)	4.5+/5 (millions of reviews)
Customer support	24/7 phone, chat, in-person	Email, chatbot, limited hours

Bitpin isn’t trying to be a global exchange. It’s a lifeline for Iranians. If you need to trade crypto in Iran, it’s one of the few options that actually works. If you’re outside Iran and looking for low fees or derivatives trading, look elsewhere.

Who Is Bitpin Really For?

Bitpin isn’t for:

• Traders in the U.S., EU, or UK - you can’t sign up
• Algorithmic traders who need API access
• People who want to trade 500+ altcoins

Bitpin is for:

• Iranians needing to convert Toman to crypto
• People who want reliable access to Bitcoin and USDT
• Users who value customer service over fancy features
• Those who’ve been blocked by Binance or Coinbase

It’s not perfect. It lacks transparency. It doesn’t have advanced tools. But it does one thing better than anyone else: it stays open when others shut down.

Final Verdict: A Lifeline, Not a Luxury

In 2026, Bitpin remains one of the most important crypto exchanges in the Middle East. It doesn’t have the brand recognition of Binance, but it has something more valuable: trust. Thousands of Iranians rely on it daily to protect their money, send remittances, and access global markets.

If you’re in Iran, Bitpin is worth trying. Download the app, test the buy/sell flow, and see how fast support responds. If you’re outside Iran, don’t bother - there are better platforms for you.

Bitpin isn’t trying to win the global crypto race. It’s just trying to keep the lights on for its users. And so far, it’s succeeding.

If you’re looking for a crypto exchange that actually works under pressure - not just in theory, but in real life - Bitpin is one of the few that delivers. It’s not flashy. It’s not global. But for its users, it’s essential.