How the price you see is built
Market rate, spread, fee and the firm price: where each number comes from, and why buying and selling prices differ.
1 min read
On this page
The market rate
Currency and tether rates are read from several sources in Iran's market, and the median of the healthy ones is used. If the sources disagree widely, answer late, or too few answer, the platform pauses trading rather than announce a price that may be wrong.
The spread
The exchange sells a little above the market rate and buys a little below it; that gap is the spread, stated in basis points (hundredths of a percent). It differs by asset: narrower for currencies with deeper markets, wider for metals. The full list is published on the fees page.
The fee
Some trades carry a separate fee. Any fee is always shown before the confirm button, and on the fees page.
The firm price
When you enter an amount, the exchange gives you a firm price that holds for 45 seconds. Confirm within that time and you trade at that price, even if the market moves meanwhile. After that, a fresh price is taken.
Every figure on screen is in tomans; the books are kept in rials, and the conversion happens only on display.
Buying tether with tomans, step by step
There are two ways to buy tether here: from the exchange at a firm price, or from other customers in the peer-to-peer market. This guide covers both.
2 min read
Your monthly statement
Every Persian calendar month, a summary of all your deposits, withdrawals and trades with opening and closing balances: what is in it, and how to turn its email on or off.
2 min read
Limit orders and recurring buys
No need to sit watching the screen: set the price you want to buy or sell at, or buy a fixed amount automatically every day, week or month.
2 min read
Price alerts
When a currency, tether or gold reaches the number you set, you are told — even with the app closed.
1 min read
Ready to start?
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