History of TCPAY Exchange
TCPAY Exchange was established in 2007 by a Russian company named TCPay Global Trading , headquartered in the United Arab Emirates. Initially launched as a Tether-based exchange, it gradually expanded its services to include a wide range of financial operations, such as international money transfers, online payments, and currency trading.
Today, TCPAY operates in numerous countries and serves over 5 million users globally. It is regarded as one of the reputable and well-known exchanges worldwide, gaining significant popularity due to its high-quality services and robust customer support.
Key Milestones in TCPAY’s History:
- 2007 : TCPAY Exchange founded in the United Arab Emirates
- 2010 : Introduction of cryptocurrency trading services
- 2012 : Expansion of services to global markets
- 2015 : Obtained official regulatory licenses
- 2018 : Launched a new trading platform
- 2020 : Introduced online payment services
- 2022 : Rolled out international money transfer services
Is TCPAY Suitable for Iranian Users?
For many Iranians, international money transfers and currency conversion are essential needs. Despite existing restrictions in this area, TCPAY has become a viable option for Iranian users due to its unique features and accessibility.
Support for Iranian Rial
One of the key features of TCPAY is its direct support for the Iranian Rial. This means users can easily exchange their Rials for other currencies such as USD, EUR, AED, or RUB, and vice versa. This is particularly useful for those needing to conduct online purchases or foreign currency transactions.
After opening an account, users can fund it using Iranian bank cards and take their first steps into the world of Forex trading.
Therefore, if you are looking for a comprehensive Forex training program and a reliable broker account, Mohammad Ahangari Asl's Zero to Thousand Forex Course , along with MondFX Broker and TCPAY , are excellent choices for you.
Various Funding and Withdrawal Methods
TCPAY offers multiple methods for account funding and withdrawals. Users can deposit or withdraw funds through online payment, Tether transactions, or peer-to-peer (P2P) methods. This variety simplifies the user experience and makes the platform more accessible.
Persian Language Support
With full Persian language support, TCPAY makes its platform easily accessible for Iranian users. This allows users to navigate the platform and use its services without the need for a translator.
Versatile Use Cases
Besides currency conversion, TCPAY offers additional services, making it practical for users seeking to purchase foreign goods or services.
Comprehensive Financial Services to Meet All Your Needs
With a long-standing and trusted background, TCPAY delivers a wide range of financial services designed to meet the needs of Iranian users efficiently, securely, and promptly. These services include:
- Secure and reliable foreign currency trading
- Fast and easy international money transfers
- Receiving and sending various types of remittances
- Simple and transparent currency-to-Rial conversions and vice versa
- Comprehensive currency services for travelers with minimal hassle
Competitive Rates and Cost-Effective Services
TCPAY strives to offer competitive rates tailored to user needs. Its pricing system is carefully designed to maintain a balance between speed, security, and affordability.
- Full transparency in pricing and fees
- Regular updates of rates based on global markets
- Services priced reasonably compared to the broader market
Transparency in Pricing with No Hidden Costs
All buy and sell rates are transparently displayed, allowing users to review full details before proceeding with transactions. No hidden fees are involved, and the pricing policy is based on current market conditions and the selected service type.
Professional and Dedicated Support for Iranian Users
Customer support is a vital part of the user experience. TCPAY’s support team, staffed with experienced professionals, is committed to responding promptly and effectively.
- 24/7 online Persian-language support
- Communication via live chat, phone, and email
- Extended and convenient service hours
- Continuous follow-up until customer issues are fully resolved
Why Do Users Choose TCPAY?
Despite fierce competition in the Tether and financial services market, TCPAY remains one of the top choices for Iranian users. This trust stems from its proven track record, focus on Iranian users' needs, and dedication to simplifying financial processes.
- Long-standing service history with Iranian clients
- Simple, secure, and user-friendly platform
- Iran-focused customer support
Fast and Accurate Transaction Processing for a Hassle-Free Experience
TCPAY ensures that currency transactions are executed with exceptional speed and precision, allowing users to complete their operations with peace of mind.
- High-speed transaction processing
- Precise currency conversions with minimal errors
Furthermore, the platform continuously upgrades its support systems and optimizes exchange rates to provide users with a seamless experience.
Account Registration
- Visit the TCPAY website.
- Click on the "Sign Up" button.
- Enter the requested information, including your mobile number, a password, and confirm the password.
- Review and accept the terms and conditions by ticking the checkbox.
- Enter the verification code sent to your mobile number or email.
Upon completing these steps, your account will be successfully created.
Identity Verification (KYC)
To fully access TCPAY’s services, completing the identity verification (KYC) process is mandatory. This ensures the security of your assets and compliance with anti-money laundering regulations.
- Log in to your account, go to "Settings," and select "Identity Verification."
- Enter your personal details, including full name, national ID number, and date of birth.
- Upload scanned images of your national ID card (both sides) and a selfie.
- Once completed, your verification request will be reviewed.
Important Notes:
- Ensure high-quality images with adequate lighting for document uploads.
- Your face must be clearly visible in the selfie.
After successful verification, you will receive a confirmation message, allowing you full access to TCPAY’s services, including Tether trading.
User Accounts on TCPAY Exchange
To better serve its users, TCPAY Exchange offers various types of user accounts, each tailored to different transaction needs.
Types of User Accounts
Users can link their Iranian bank accounts to TCPAY for Rial deposits and withdrawals via Shetab cards.
For Rial transactions through e-wallets such as WebMoney, Perfect Money, or Tether, users can add their e-wallet accounts to the platform.
Users can link their Tether wallets to TCPAY for depositing and withdrawing USDT. Alternatively, users can create a Tether wallet directly within TCPAY to manage all Tether-related transactions, including P2P trades.
Steps to Add a Bank Account
- Log in to your TCPAY user panel.
- From the left menu, select “My Accounts.”
- Click on “Add Bank Account.”
- Enter your bank account details, including card number and IBAN.
- Click “Save.”
- Your bank account will be added to TCPAY upon completion.
Steps to Add an E-Wallet Account
- Log in to your TCPAY user panel.
- From the left menu, select “My Accounts.”
- Click on “E-Wallet Accounts.”
- Select the type of e-wallet you wish to add.
- Enter the relevant information, such as account name or wallet ID.
- Click “Save.”
- Your e-wallet will now be connected to TCPAY.
Steps to Add a Tether Wallet
- Log in to your TCPAY user panel.
- From the left menu, go to “Wallet” and then “My Wallets.”
- Select “Tether” as your currency.
- You will now have a dedicated Tether wallet, through which you can handle all your USDT deposits, withdrawals, and P2P trades.
TCPAY Pricing Policy
Market-Based Pricing
TCPAY’s currency exchange rates are adjusted according to current market conditions, currency availability, and internal resource management capabilities. During periods of high volatility, the spread (difference between buy and sell prices) may widen to mitigate risk from sudden market movements.
Recommended Solutions for Volatile Markets
- For small transactions, the P2P service is suggested as a practical alternative.
- For high-volume trades, using cryptocurrency deposit and withdrawal services is a reliable option.
Pricing During Stable Market Conditions
In more stable conditions, TCPAY reduces its spreads to maintain competitive pricing. During such times, the Rial payment gateway becomes the most efficient method for both small and large transactions.
TCPAY’s platform aims to provide users with transparent and timely information to help them make informed decisions about the most suitable service types and optimal transaction timing for their currency exchange needs.
Additional Fees
- Registration and Verification:
Account registration and identity verification on TCPAY are completely free of charge.
When using the payment gateway for currency exchange, a small fee ranging from 0% to 2% may apply, depending on banking costs. The exact fee is clearly listed on the TCPAY website.
TCPAY offers competitive internal transfer fees. However, it’s worth noting that withdrawal fees may be slightly above average. Ultimately, choosing the right exchange depends on your transaction type and volume. It is recommended to compare TCPAY’s fees with those of other platforms before making a final decision.
To begin trading in the Forex market, you’ll need an account with a reliable broker. One of the trusted brokers we recommend is MondFX . Additionally, understanding the Forex market properly requires a high-quality educational resource. The Zero to Thousand Forex Masterclass by Mohammad Ahangari Asl offers comprehensive training in trading—from trading psychology and risk management to powerful trading strategies, everything is thoroughly covered in this course.
TCPAY Exchange Limitations
Like all secure financial platforms, TCPAY enforces certain limitations to ensure safe and reliable service. Being aware of these restrictions helps users utilize the platform more effectively.
Account Limitations
Only individuals aged 18 and above are permitted to register and use TCPAY’s services.
- Mandatory Identity Verification:
To carry out high-value transactions, users must complete the account verification process. The required documents are listed on the TCPAY website.
TCPAY imposes a daily withdrawal cap, which varies depending on the user's account verification level.
Transactional Limitations
TCPAY does not support all currencies. The list of tradable currencies is available on the official website.
TCPAY’s services are not available in certain countries. Visit the website to see the list of supported regions.
- Daily Transaction Limits:
There is a daily transaction limit that varies based on your verification level.
Mobile App Introduction
In today’s world, convenience and speed in financial transactions are crucial. To meet this need, TCPAY has developed an innovative mobile application that allows users to conduct their financial transactions easily and securely—anytime, anywhere.
TCPAY Mobile Application
The TCPAY mobile application is designed to maximize user convenience by providing access to all platform features along with additional tools and services.
Key Benefits of the TCPAY App:
- Simple and user-friendly interface
- Fast and easy access to financial services
- High security for all transactions
- Detailed transaction history tracking
To use the TCPAY app, download and install it directly from the official TCPAY website.
TCPAY Exchange Wallet
To facilitate financial transactions, TCPAY provides users with a built-in wallet feature. This wallet allows users to:
- Store multiple currencies in one place
- Conduct transactions quickly and easily
- Stay updated with real-time currency exchange rates
How to Create a Wallet on TCPAY:
- Register on TCPAY: First, sign up and activate your account.
- Log In: Use your credentials to access your account.
- Select “Wallet”: From the right-hand menu, choose “Wallet.”
- Choose Wallet Type: Select from available currencies (e.g., Rial, USD, EUR, etc.).
- View Wallet Address: Your wallet address will be displayed and can be shared to receive funds.
How to Fund Your Wallet:
- Click on “Deposit” from the main menu.
- Select the currency and wallet you wish to fund.
- Choose a funding method (e.g., bank card, wire transfer, voucher, etc.).
- Enter the required information (amount, card number, etc.).
- Confirm the transaction after reviewing the details.
How to Withdraw from Your Wallet:
- Click on “Withdraw” , then select “New Request.”
- Choose your preferred withdrawal method (bank account, Tether, e-wallet, etc.).
- Enter the necessary information (amount, account number, etc.).
- Confirm the transaction after verifying all details.
USDT Transactions on TCPAY
Buying USDT:
Register at
- https://www.topchange.net/
- Click “Sign Up” and fill in your personal and ID information.
- Once verified, your account will be activated.
- To buy USDT, use the P2P section of the main menu and select “Buy from P2P” .
- Choose a suitable listing and purchase using your Iranian bank card.
Selling USDT:
- Go to P2P > Create Sell Ad .
- Choose your Tether wallet and enter the amount.
- Set your desired price and complete the ad setup.
- Once a buyer matches, the funds are transferred to your Rial wallet.
Advantages:
- Speed and Efficiency: Fast order processing ensures smooth trading.
- Security: Advanced protocols protect your data and funds.
- Regulatory Compliance: Services are provided in accordance with applicable laws.
- Rial Support: Direct Tether to Rial transactions are available.
- Easy Access: Available via website and mobile app.
- Persian Support: Dedicated support in Persian is available for Iranian users.
Risks of Using TCPAY
As a foreign exchange offering services to Iranian users, TCPAY entails certain risks:
- Sanctions: Services may be restricted due to international sanctions against Iran.
- Technical Issues: Platform outages or app malfunctions may occur.
- Fraud: There’s a risk of scams by individuals impersonating TCPAY.
User Precautions:
- Understand and accept all terms and conditions.
- Be aware of the risks involved in digital asset trading.
- Take cybersecurity precautions to protect your account.
Conclusion
With its wide range of services, strong security measures, support for the Iranian Rial and Persian language, TCPAY has become a preferred platform for many Iranian users. If you are looking for a simple and reliable solution for currency conversion and international transactions, TCPAY is a smart choice.
Opening an account is fast and straightforward—visit the TCPAY website and complete the registration form to get started. You can fund your account using Iranian bank cards and begin trading Forex with confidence.
Tips for Contacting TCPAY Support:
- Clearly define your issue before reaching out.
- Have your transaction or order number ready.
- Use polite and respectful language.
- If unresolved, consider pursuing the matter through legal channels.
For a complete Forex learning experience, we recommend the Zero to Thousand Forex Masterclass by Mohammad Ahangari Asl . This course covers everything from basics to advanced concepts—including how to open an account with TCPAY.
Frequently Asked Questions (FAQ)
How do I register with TCPAY?
Visit the official website and complete the registration form under "Sign Up."
Why is identity verification required?
It's essential for enhancing account security and preventing money laundering.
What documents are needed?
National ID, birth certificate, and a selfie photo.
How can I deposit funds?
Via Shetab cards, direct payment gateways, or bank transfers.
How can I withdraw funds?
Via Shetab cards, bank transfer, or Perfect Money.
What are the fees?
Deposits are free; withdrawals incur a fee of 0–2%, depending on market fluctuations.
What are the minimum and maximum transaction amounts?
These vary by currency and your verification level.
How fast are transactions?
Generally fast, with minor delays during peak hours.
Is TCPAY secure?
Yes, advanced security measures are in place.
Is it regulated?
TCPAY is officially registered in Estonia and follows legal oversight relevant to its operations.
How can I contact TCPAY support?
Via the website, Telegram, or email.