Which app can I use to buy Bitcoin in Iran?

The ban is the second time this year that Iran ordered a shutdown of authorised cryptocurrency mining centres to ease the strain on the country’s power plants.

Binance . Binance is the world’s largest cryptocurrency exchange. Buy and sell Bitcoin and over 350 coins through its exchange with low fees. Alternatively, buy anonymously from others through its peer-to-peer marketplace.

In 2018, Iran recognized cryptocurrency mining as a legal industry in order to monitor and regulate the mining farms that were already operating.

Iran accounts for an estimated 4.5% to 7% of the global Bitcoin hash rate .

Tehran allows cryptocurrencies mined in Iran to pay for imports of goods , which can help it get around the wide-ranging U.S. sanctions that had been imposed on the country by the Trump administration.