What Is the Trading Volume of Iranian Exchanges?

Legal Challenges and Lack of Transparency: Why Don't We Have Official Statistics from Iranian Exchanges?

The digital currency market in Iran is one of the most attractive and popular topics that has drawn the attention of many investors and traders. Although there are no precise statistics available on the trading volume and activities of these exchanges, unofficial estimates indicate that this market has become one of the most important ways to preserve asset value against inflation and sanctions.
One of the biggest problems related to Iranian exchanges is the lack of transparency and legal gaps. While many countries have specific laws and precise oversight on digital currency exchange activities, Iran has not yet defined a clear legal framework in this area. This has meant that Iranian exchanges have no legal obligation to provide transparent statistics about trading volume, number of active users, and capital inflows and outflows.

The Impact of Internal and External Sanctions

International sanctions against Iran have not only put pressure on the country's macroeconomy but have also imposed severe restrictions on Iranians' access to global financial markets. Due to these limitations, many Iranians have turned to the digital currency market to preserve their assets and protect themselves from the continuously declining value of the national currency. On the other hand, some internal sanctions have also limited the activity of Iranian exchanges and eliminated their possibility of cooperation with international exchanges.

A High-Risk Market for Preserving Asset Value

Due to economic conditions and rampant inflation, Iranians have always been looking for ways to preserve the value of their assets. The digital currency market, with attractive promises such as huge profits and dollar investment opportunities, has attracted many people. However, this market poses serious risks for investors due to severe and unpredictable fluctuations. Many people enter this market without sufficient knowledge and ultimately lose their capital.

Choosing Safer Alternatives: Forex or Trading Digital Currency through Forex Brokers

Compared to the crypto market, the forex market operates with more defined rules and frameworks, providing greater security for investors. Although forex is also a high-risk market, due to clear rules, traders can operate based on logical and principled analysis. On the other hand, those who wish to be active in the digital currency market would be better off using brokers that provide digital currency trading capabilities rather than using domestic exchanges. Brokers, due to international oversight, more advanced tools, and better risk management capabilities, are a more reliable option for traders; it is recommended that digital currency traders update their information about why trading digital currencies through brokers is better than exchanges by changing their approach.

Trading Volume in Iranian Exchanges

One of the interesting and challenging statistics in the field of Iranian exchanges is the average daily trading volume, which according to reports, reaches about 2 trillion tomans. This figure was announced by Iran Broker in the spring of 1402 (2023), and although this statistic is not official, based on this organization's research, the average transactions conducted in Iranian exchanges is close to this number.

Why Is This Number Attractive?

A daily trading volume of 2 trillion tomans indicates extensive activity of Iranian users in the digital currency market. This number not only shows Iranians' high interest in this field but also indicates that the crypto market has become one of the financial refuges for people.

Is This Figure Accurate?

Given the lack of transparency in Iranian exchanges and the absence of requirements to provide official statistics, this number cannot be accepted with complete confidence. Many exchanges do not publish information about their trading volume, and only about 18 percent of exchanges provide information about their transactions to users. Therefore, this statistic is mostly based on unofficial estimates.

The Increase in Iranian User Activity in Recent Years

Since 1402 (2023) until now, due to increased public awareness about digital currencies and people's need to preserve the value of their assets, the number of Iranian users in this field has significantly increased. This growth is particularly noticeable among young people and retail investors. The main reason for this increase is the country's economic conditions and the lack of easy access to global financial markets.

Iranian Exchanges: A Look at Interesting Statistics and Platform Features

Digital currency exchanges in Iran, despite legal limitations and international sanctions, have been able to meet users' needs to some extent. Here are some interesting statistics and features of these exchanges:
1.Identity Verification and Anti-Money Laundering Laws
All Iranian exchanges (100 percent) require their users to go through identity verification processes. This measure is taken to prevent money laundering and ensure transaction security.
2.Mobile Application Availability
About 72 percent of Iranian exchanges offer Android applications so that users can easily access their transactions at any time.
3.Online and Telephone Support
One of the strengths of Iranian exchanges is online and telephone support. About 81 percent of exchanges offer online chat and 83 percent provide telephone support during working hours.
4.Introduction of Management Team and Relative Transparency
About 52 percent of exchanges publish information about their management team on their website. This action increases user confidence, although a significant percentage of exchanges still lack this transparency.
5.Special Trading Services
Only 25 percent of exchanges offer the option to set stop-loss orders.
About 33 percent of exchanges have peer-to-peer (P2P) services that enable direct transactions between users.
6.Trading Volume and Internal Statistics
Only 18 percent of Iranian exchanges publish information about the trading volume conducted within their platform.
7.Physical Address and Location Transparency
Interestingly, 94 percent of Iranian exchanges have announced the address of their main office on their website. This level of transparency, despite legal limitations, is considered a strength for domestic exchanges.
The crypto market in Iran continues to grow, but the lack of transparency and legal gaps have created major challenges for users and exchanges. Nevertheless, statistics show that Iranians have a strong presence in this market and are looking for ways to manage their assets. Choosing reputable brokers or alternative markets such as forex can be a safer and more principled solution for investors.

Why Is Education Vital in the Digital Currency Market?

One of the most important problems Iranian traders face in the digital currency market is the lack of sufficient education and proper culture-building in this field. Many people enter this area without awareness of the basic principles of the crypto market and risk management, and lose their capital.

The Role of Education in Risk Reduction

The digital currency market, unlike traditional financial markets, is very new and unpredictable. Severe price fluctuations, lack of legal oversight, and the emergence of fraudulent projects are just some of the dangers of this market. Professional traders know well that only with sufficient knowledge and using appropriate analytical tools can these risks be managed. However, many newcomers, especially in Iran, enter the market relying only on advertisements and rumors, and suffer heavy losses.

Education: The Key to Success in Crypto

Familiarity with technical analysis, fundamental analysis, and capital management are among the skills that every trader should learn before entering the digital currency market. Additionally, choosing an appropriate platform for transactions is also of high importance. As mentioned earlier, reputable brokers can be a safer alternative to domestic exchanges.
By increasing the level of awareness and public knowledge about the digital currency market, existing risks can be reduced and better conditions can be provided for Iranian investors.