Introduction
Choosing the right crypto exchange is one of the most important decisions every trader faces. Many platforms look attractive at first, but not all of them are reliable, safe, and supportive of Iranian traders.
In this blog, Iβll explain:
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Why I personally use Bank Cash
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How it compares to BingX, MEXC, and other exchanges
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The $525 bonus opportunity you can claim today
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Proof of reserves & why Bank Cash feels safer for long-term use
π By the end, youβll understand why Bank Cash is becoming a strong alternative to global platforms like Binance, Bybit, and OKX.
How to Claim It from CoinCatch? (5125 USD Bonus)” ππΈ
Why Bank Cash? π
Unlike many exchanges that suddenly stop serving Iranian users (e.g., BingX, MEXC, Bitfinex), Bank Cash has been stable and supportive since its launch in September 2022.
Here are the main reasons I trust it:
1. Trading Volume & Open Interest
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24h Trading Volume: $11 billion
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Open Interest: $10.7 billion
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These numbers are close to each other, which shows healthy trading activity (not just artificial market-making).
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In comparison:
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MEXC β $33B volume vs $8B OI (big unhealthy gap β οΈ)
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BingX β $3B volume vs $1B OI
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π When the gap is smaller, the exchange environment is more transparent and reliable.
2. Proof of Reserves π
Bank Cash publishes a Proof of Reserves ratio of 182%.
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This means the exchange holds 1.8x the assets deposited by users.
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If something happens, they can fully return funds to traders.
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Many exchanges hide this data β Bank Cash is one of the few that makes it public.
3. Global Popularity π
Although relatively new, Bank Cash is already popular in China, Korea, Russia, and Iran.
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This wide adoption means stronger liquidity.
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The exchange keeps expanding β a sign of growth and long-term reliability.
The $525 Bonus β How to Claim π
BankCash has one of the most generous reward systems. Hereβs how you can get up to $525 in bonuses:
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Sign up using the official link (make sure to use the referral link provided).
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Deposit $30 or more β instantly get a $10 trading bonus.
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Make your first $200 trade β earn an additional $5 bonus.
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Complete tasks in the Reward Center β bonuses stack up gradually.
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Over time (around 6 months of trading), you can accumulate up to $525 in rewards.
π‘ Tip: Your bonuses will appear in your account under Bonus Position or Trading Bonus.
Bank Cash vs Other Exchanges βοΈ
| Exchange | 24h Trading Volume | Open Interest | Proof of Reserves | Supports Iran |
|---|---|---|---|---|
| BankCash | $11B | $10.7B | β 182% | β |
| MEXC | $33B | $8B | β | β (left Iran) |
| BingX | $3B | $1B | β | β |
| Bitfinex / Binance | High | High | β | β |
π Clearly, Bank Cash provides a healthier environment for Iranian traders compared to other alternatives.
Key Takeaways β
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Healthy numbers β Small gap between volume & OI = transparent market.
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Proof of reserves β 182% coverage ensures security.
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Bonuses β Up to $525 for new traders.
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Reliable support for Iran β Unlike exchanges that leave suddenly.
FAQs β
1. Is Bank Cash safe for Iranian traders?
Yes β it has been operating for almost 2 years and continues to support Iranian users while maintaining proof of reserves.
2. How can I claim the $525 bonus?
By signing up with the referral link, depositing funds, and completing simple tasks in the Reward Center.
3. Can I trade large amounts?
Yes, BankCash has strong liquidity, making it possible to execute big trades ($50kβ$200k+) easily.
Conclusion π―
BankCash might not be as famous as Binance or Bybit yet, but itβs proving to be a reliable and rewarding choice β especially for traders in Iran. With healthy trading data, proof of reserves, and up to $525 in bonuses, itβs definitely worth trying.
π Start today: Sign up for Bank Cash here and claim your welcome bonus! π
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