EXIR Slippage Calculator
Calculate Your Trading Costs
EXIR's low liquidity means you'll pay significantly more for trades than on larger exchanges. Based on 2025 data showing less than $400k daily volume, this calculator shows how much extra you might pay.
Results will appear here after calculation
EXIR has extremely low liquidity (under $400k daily volume). Your trade may be filled at significantly different prices than market rate.
If you're an Iranian citizen trying to trade cryptocurrency without your account getting frozen, EXIR might be the only exchange you can legally use. But that doesn’t mean it’s a good one. Founded in December 2017, EXIR was built for one reason: to let Iranians trade crypto when global exchanges like Binance and Coinbase blocked them due to sanctions. It’s not designed to compete with the world’s biggest platforms. It’s designed to exist where they can’t.
Who Can Use EXIR? Only Iranians
You can’t sign up for EXIR unless you’re an Iranian citizen with a valid Iranian ID. The exchange actively blocks users from the U.S., Europe, and most other countries. That’s not a bug-it’s the whole point. While Binance handles over $76 billion in daily volume in 2025, EXIR’s 24-hour trading volume dropped to just $388,116 by the end of 2021, according to CryptoWisser. That’s less than 0.0005% of Binance’s volume. For comparison, even small regional exchanges in Southeast Asia or Latin America trade millions daily. EXIR operates in a bubble.Deposits? Only Bank Wire
Want to deposit fiat? You can’t use credit cards, PayPal, or even instant bank transfers. EXIR only accepts wire transfers from Iranian banks. That means if you’re trying to buy Bitcoin after work, you’re stuck waiting 1-3 business days for funds to clear. No instant deposits. No mobile payments. No convenience. Compare that to Kraken, which supports 30+ fiat currencies and instant bank transfers in many countries. EXIR’s deposit system feels like it was built in 2010, not 2025.No Mobile App? Still Waiting
Back in December 2021, EXIR promised a mobile app would launch “within the near future” on iOS and Android. As of November 2025, that app still hasn’t appeared. No official statement. No delay notice. Just silence. That’s a huge red flag. Most users trade on their phones now. If you’re relying on a desktop browser to check your portfolio or place trades during lunch breaks, you’re already at a disadvantage. Even smaller exchanges like Bitrue and KuCoin have had polished mobile apps for years.Liquidity Is a Real Problem
Low volume means slippage. Slippage means you pay more to buy and get less when you sell. If you try to buy 1 BTC on EXIR and the order book only has 0.2 BTC available at your price, you’ll either get part of your order filled-or you’ll be forced to pay a much higher price. That’s not speculation. That’s what happens when an exchange has less than $400,000 in daily trading activity. On Binance, you could buy 100 BTC in seconds without moving the market. On EXIR, buying 0.5 BTC might take hours and cost you 5-10% more than the real market price.
Security? No Public Audits
EXIR doesn’t publish any security audits. No proof of reserves. No cold storage details. No third-party reviews. There’s no way to verify if your coins are safe. Most reputable exchanges-Coinbase, Kraken, Bitstamp-release monthly or quarterly reports showing they hold 100% of user funds. EXIR doesn’t. For Iranian users, this might be the only option. But that doesn’t make it safe. If the exchange gets hacked or shuts down, there’s no insurance, no recourse, and no public oversight.What You Can Trade
EXIR supports a small list of major cryptocurrencies: Bitcoin, Ethereum, Tether, Litecoin, and a few others. No meme coins. No altcoins with less than $10 million in global market cap. That’s actually not unusual for a small exchange. But here’s the catch: you can’t trade stablecoins against each other. You can’t do margin trading. You can’t stake your coins. No yield. No lending. No advanced tools. It’s a basic buy-and-sell platform. If you’re looking to earn interest on your crypto, you’ll need another service entirely.Customer Support? Unknown
There’s no public information about EXIR’s support channels. No email address. No live chat. No help center in English. Everything appears to be in Farsi, and likely only available during business hours in Tehran. If you run into a problem-like a delayed deposit or a failed withdrawal-you’re on your own. There are no Reddit threads, no Trustpilot reviews, no YouTube tutorials in English. The silence speaks volumes.Why EXIR Exists
It’s important to understand why EXIR exists at all. Iran has strict financial sanctions. International exchanges legally can’t serve Iranian users. Many Iranians lost access to their crypto wallets when Binance and others froze accounts. EXIR stepped in to fill that gap. It’s not trying to be the best exchange. It’s trying to be the only one that works. That’s a different goal. And in that narrow sense, it succeeds.
Who Should Avoid EXIR
If you’re not an Iranian citizen, don’t even bother. Trying to sign up will fail. If you’re an Iranian user who wants to trade frequently, use advanced tools, or earn passive income-EXIR isn’t for you. If you care about security, speed, or reliability, you’re better off using peer-to-peer platforms like LocalBitcoins or Paxful, even if they come with higher risks. EXIR is a last-resort option, not a first choice.Who Might Find It Useful
The only people who should use EXIR are Iranian citizens who:- Can’t access any other crypto exchange due to sanctions
- Need a local platform to convert rials to crypto and back
- Don’t need fast trades, advanced features, or high liquidity
- Understand the risks and have no better alternatives
For them, EXIR is a necessary evil. It’s not a great exchange. But it’s one that exists.
Alternatives for Iranians
Some Iranians use peer-to-peer (P2P) platforms to trade directly with others. LocalBitcoins, Paxful, and even Telegram-based groups offer ways to buy Bitcoin with bank transfers or cash deposits. These aren’t regulated, and scams happen-but they often have better liquidity and faster settlement than EXIR. The downside? You’re dealing with individuals, not a platform. No chargebacks. No support. No protection.There’s also Coin8 Exchange, another Iranian-focused platform. But like EXIR, it suffers from low volume, no mobile app, and no public security data. There’s no clear winner between them.
The Bottom Line
EXIR isn’t a crypto exchange you choose because it’s good. You use it because you have no other option. It’s slow, illiquid, insecure by global standards, and barely functional. But for Iranians under sanctions, it’s one of the few bridges left between their rials and Bitcoin. If you’re in that group, use it cautiously. Keep small amounts. Don’t trust it with your life savings. And keep an eye out for alternatives-because if EXIR shuts down tomorrow, you’ll need a backup plan.Is EXIR Exchange legal in Iran?
Yes, EXIR operates within Iran’s current regulatory environment. While Iran has strict rules around cryptocurrency, including bans on banks facilitating crypto transactions, EXIR functions as a private platform that bypasses those restrictions by using direct bank wire transfers. It’s not officially endorsed by the government, but it’s tolerated as a workaround for citizens who need access to crypto.
Can I use EXIR if I’m outside Iran?
No. EXIR explicitly blocks users outside Iran. You need an Iranian national ID and a local bank account to register. Even using a VPN won’t work-the exchange checks your IP, ID documents, and bank details. Attempts to bypass these restrictions will result in account suspension.
Does EXIR have a mobile app?
As of November 2025, EXIR does not have a mobile app. The platform promised one in late 2021, but it was never released. Users must trade through the website on desktop or mobile browsers, which is less reliable and slower than a dedicated app.
What cryptocurrencies does EXIR support?
EXIR supports Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC), and a few other major coins. It doesn’t support newer altcoins, meme tokens, or stablecoin trading pairs. The selection is limited to what’s most commonly traded in Iran.
Is EXIR safe to use?
There’s no public proof that EXIR is secure. It doesn’t publish audits, proof of reserves, or details about its custody system. Unlike global exchanges that use multi-signature wallets and cold storage, EXIR’s security practices are unknown. For Iranian users, it’s the only option-but it carries high risk. Never store large amounts of crypto on EXIR.
Why is EXIR’s trading volume so low?
EXIR’s volume is low because it serves only one country under sanctions. Most Iranians can’t easily move money in or out, and the platform lacks features like staking, margin trading, or fast deposits. With no competition and no incentives to trade heavily, users simply don’t move large amounts. The volume has been declining since 2020, suggesting the platform isn’t growing.
Can I withdraw fiat from EXIR to my bank account?
Yes, you can convert crypto back to Iranian rials and withdraw via wire transfer to your Iranian bank account. But the process is slow, often taking 1-3 business days. There’s no instant withdrawal option, and fees are not clearly published.
Are there better alternatives to EXIR for Iranians?
Yes-peer-to-peer platforms like Paxful and LocalBitcoins allow Iranians to trade directly with others using bank transfers or cash deposits. These platforms have higher liquidity and faster settlements, but come with higher scam risk. Some users also use Telegram groups or private brokers. None are perfect, but they often outperform EXIR in speed and flexibility.
Paul McNair
November 30, 2025 AT 02:28It’s wild to think that an entire country’s access to crypto is reduced to one clunky platform because of sanctions. I’ve seen people in Iran share stories about how EXIR is the only thing keeping their savings from evaporating in hyperinflation. It’s not about convenience-it’s survival. And honestly? We in the West don’t get to judge how broken the system is when we’ve never had to live under it.
Let’s not pretend this is a ‘bad exchange.’ It’s a lifeline. The real failure is the global financial system that made this necessary in the first place.
Mohamed Haybe
November 30, 2025 AT 19:32Marsha Enright
December 2, 2025 AT 02:48Really appreciate this breakdown-it’s easy to dismiss platforms like EXIR as ‘low quality’ without understanding the context. For Iranians, it’s not about having the best tool, it’s about having *any* tool that works.
Also, shoutout to the P2P options like Paxful. They’re riskier, but the speed and flexibility can be worth it if you’re careful. Always keep small amounts on any exchange, especially when audits are missing. Stay safe out there 💪
Andrew Brady
December 2, 2025 AT 21:32This is exactly how the globalist elites dismantle national sovereignty. EXIR isn’t just an exchange-it’s a Trojan horse. Sanctions were meant to pressure regimes, not turn citizens into crypto serfs trapped in a state-sponsored shell game. The fact that this platform has zero transparency and no audits is a red flag for national security.
Why isn’t the U.S. Treasury investigating this? Because they’re complicit. This is financial warfare by proxy, and we’re being manipulated into accepting it as ‘normal.’
Sharmishtha Sohoni
December 4, 2025 AT 18:10Althea Gwen
December 4, 2025 AT 20:32So EXIR is like the crypto version of a 2005 Nokia phone-ugly, slow, no apps, but somehow still calls when everything else is dead 📱💔
Also why is no one talking about how tragic it is that the future of finance in Iran is stuck in 2010? We’re talking about Bitcoin here, not fax machines. 😔
Durgesh Mehta
December 5, 2025 AT 01:45