What Tabdeal does

Tabdeal (تبدیل) is an Iranian centralized cryptocurrency exchange founded in 2021 and headquartered in Tehran, serving a retail user base of 7,000,000+ active users through a self-serve web platform (tabdeal.org) and Android mobile application. The platform offers spot trading across 660+ cryptocurrencies in both Toman (Iranian Rial) and USDT markets, three leveraged product tiers (Professional Leverage up to 100x, Easy Leverage up to 60x, Classic Margin up to 10x across 223+ markets), and adjacent financial products including PAXG-backed Digital Gold, a Fixed Income product offering 30% annualized daily-calculated yield, a decentralized exchange (T-Dex) for emerging tokens, tokenized foreign stocks, and algorithmic Trading Bots. Underlying technology consists of a proprietary matching engine with cold-wallet custody, 24-hour market-maker bots for liquidity, and integrated payment rails connecting to 13 Iranian banks for instant Toman deposits and withdrawals.

The business operates under a regulated structure within Iran — holding a Knowledge-Based Company license from the Vice Presidency for Science and Technology and operating under FATA (Cyber Police) supervision — which functionally insulates it from international exchange competition that is blocked from serving Iranian users by global sanctions. Revenue derives primarily from tiered trading commissions (maker/taker fees from 0.35% down to 0.03% based on 30-day volume), margin borrowing interest, blockchain network passthrough fees, and spread economics on the Fixed Income product. Go-to-market is product-led: zero-commission Easy Buy/Swap, a 30%-commission referral program, gamified acquisition (Lucky Wheel, Prize Island, daily social-media code giveaways), and Tabdeal Academy educational content targeting beginners and professional traders alike. The customer base is segmented into Iranian retail traders (primary), professional/algorithmic traders (using API and leverage products), and traditional investors seeking digital gold exposure.

Name

Tabdeal

Legal name

Tabdeal

Website

https://tabdeal.org

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

101–250 employees

Short description

Tabdeal is an Iranian cryptocurrency exchange founded in 2021 serving 7,000,000+ retail and professional traders with spot trading across 660+ coins, leveraged products up to 100x, digital gold, fixed income, and tokenized stocks, operating under FATA supervision with integrated Toman payment rails through 13 Iranian banks.

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (523210), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Spot Crypto Exchanges (Order-Book & Matching Engine) (FSADAAAA)

akta.pro secondary industries

Crypto Derivatives Exchanges (Futures, Options & Perpetuals) (FSADAAAD), Margin Trading & Collateralized Borrowing (Exchange-Operated) (FSADAAAL), Tokenized Real-World Assets & On-Chain Treasuries (tokenized T-bills, money markets, cash management) (FSAPAEAJ), Brokerages & On/Off-Ramps (fiat rails, instant buy/sell) (FSAPADAG)

Keywords

• Cryptocurrency exchange
• Digital asset trading
• Spot trading platform
• Margin trading services
• Digital gold trading

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Trading Commissions: Transaction fees charged on spot trading in both Toman and USDT markets. Fee rates range from 0.35% to 0.03% based on user's 30-day trading volume, calculated on a tiered basis.
2. Margin Trading Interest: Interest charges on borrowed funds in leveraged trading positions. Hourly extension fees of 0.004% for cryptocurrency borrowing and 0.0095% for Toman borrowing.
3. Network Transaction Fees: Blockchain network fees for cryptocurrency deposits and withdrawals, passed through from the respective blockchain networks.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Tabdeal is an Iranian-licensed centralized cryptocurrency exchange that enables users to buy, sell, and trade over 660+ digital assets across Toman (IRR) and USDT markets. The platform offers spot trading, professional leverage up to 100x, classic margin trading up to 10x, digital gold (PAXG) investment, fixed income products with 30% annual yield, and a decentralized exchange (T-Dex) for emerging tokens, all integrated with instant Toman deposits and withdrawals through 13 Iranian banks.

Product overview

Tabdeal is an Iranian cryptocurrency exchange platform providing a comprehensive suite of trading products. The core platform offers spot trading across 660+ cryptocurrencies in Toman and USDT markets, supplemented by leveraged trading products including Professional Leverage (100x), Easy Leverage (60x), and Classic Margin (10x). Additional financial products include Digital Gold (PAXG-backed), Fixed Income (30% annual yield), and TDEX for decentralized trading of emerging tokens. The platform also provides trading tools (bots, signals), educational services (Academy, courses), gamification features (Lucky Wheel, Prize Island), and mobile applications. Users can access banking integrations for instant Toman deposits/withdrawals through 13 Iranian banks.

Differentiator

Problem solved

Functional benefit

Products and services

• Tabdeal Exchange (صرافی تبدیل) Centralized cryptocurrency exchange enabling Iranian users to buy, sell, and trade 660+ cryptocurrencies including Bitcoin, Ethereum, Tether, and altcoins in Toman and USDT markets with 24/7 availability and instant Toman withdrawals.
• Professional Leverage 100x (اهرم حرفه‌ای 100x) Professional leverage trading product offering up to 100x multiplier on cryptocurrency positions with advanced risk management tools for experienced traders to profit from both rising and falling markets.
• Easy Leverage 60x (اهرم آسان 60x) Easy leveraged token trading with up to 60x leverage featuring automated take-profit and stop-loss settings, designed for simplified leveraged cryptocurrency exposure.
• Classic Margin Trading (اهرم کلاسیک) Classic margin trading providing up to 10x leverage across 223+ cryptocurrency markets, enabling users to borrow funds from the exchange for amplified trading positions with hourly extension fees.
• Digital Gold (طلای دیجیتال) Digital gold investment product backed by PAX Gold (PAXG) token enabling users to buy and sell 18-karat gold at real-time global prices without making or craftsmanship fees, starting from 250,000 Tomans.
• TDEX (تی‌دکس) Decentralized exchange enabling peer-to-peer trading of emerging cryptocurrencies not yet listed on centralized markets, with 5-15 minute transaction confirmation times.
• Fixed Income (درآمد ثابت) Fixed income investment product offering guaranteed 30% annual yield calculated daily, allowing users to earn passive income on their cryptocurrency holdings with principal and returns deposited into user wallet.
• Trading Bots (ربات‌های معاملاتی) Algorithmic trading bot service providing automated trading strategies and income generation using AI technology for hands-off cryptocurrency trading.
• Crypto Signals (سیگنال ارز دیجیتال) Cryptocurrency signal service providing price alerts and market analysis for traders, supporting trading decisions with timely market information.
• Tokenized Stocks (توکنایز استاک) Tokenized stock trading service allowing users to invest in shares of foreign companies through blockchain-based token representations.
• Currency Transfer (حواله ارزی) Remittance and currency transfer service enabling international payments and currency exchange for users and businesses.

Quantifiable outcome

• 7,000,000+ active users on the platform
• +5 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

One partnership is on record.

• TRM LabsminorOthersBlockchain analytics firm TRM conducted analysis on Iranian crypto exchange activity during the February 2026 US-Israeli strikes. TRM found no evidence of capital flight from Tabdeal despite elevated inflows and outflows around the strikes, concluding the market experienced stress from functional constraints and liquidity compression rather than systemic failure.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Bybit: Major global derivatives-focused exchange with high-leverage offerings similar to Tabdeal's 100x product. Useful product-line comparable but serves different geographies.
• Binance: World's largest centralized cryptocurrency exchange offering spot, derivatives, margin, and tokenized products. Relevant as the global product benchmark Tabdeal mirrors, but not a direct competitor due to Iranian sanctions.
• OKX: Global exchange offering spot, derivatives, margin, and DeFi/Web3 services comparable to Tabdeal's product breadth. Relevant as a broad incumbent benchmark but not directly competing in Iran.
• KuCoin: Global CEX with broad altcoin listings and leverage products similar to Tabdeal's offering. Comparable product philosophy (high coin count, derivatives, gamification) but operates outside Iranian jurisdiction.

Direct peers

• Nobitex: Iran's largest cryptocurrency exchange by user base, offering spot trading, Toman pairs, and banking integrations. Directly comparable to Tabdeal in geography, target customer, and product mix, and considered the dominant incumbent in the Iranian market.
• Exir: Iranian cryptocurrency exchange with spot and leveraged trading in Toman and USDT. Comparable product surface and customer base to Tabdeal, including similar exposure to Iranian banking rails.
• Bit24: Iranian crypto exchange offering spot trading and rial pairs. Comparable in market positioning, regulatory setup, and core trading features to Tabdeal.
• Ramzinex: Iranian cryptocurrency exchange serving retail traders with Toman and USDT markets. Overlapping customer base and product offering with Tabdeal, though typically smaller in scale.
• Wallex: Iranian cryptocurrency exchange offering Toman pairs and spot trading. Operates in the same regulatory and banking environment as Tabdeal, targeting overlapping retail and professional trader segments.

Others

• TRM Labs: Blockchain analytics firm that independently analyzed Tabdeal activity during the February 2026 strikes. Listed as a partner/analytics counterpart rather than a competitor, but materially connected to Tabdeal's compliance and transparency positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/tabdealplatform
• YouTubeyoutube.com/@tabdealplatform
• Facebookfacebook.com/tabdealplatform
• LinkedInlinkedin.com/company/tabdealplatform
• Instagraminstagram.com/tabdealplatform

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tabdeal