Nobitex and Other Exchanges Halt Overnight Tether Trading, Set 2,000 USDT Daily Buy Cap

Nobitex, Wallex and AbanTether imposed temporary restrictions on the Tether-Toman market starting 9 PM on Wednesday, September 30, 2026 (8 Mehr 1405). According to Nobitex's notice, the Tether-Toman market will be unavailable to users every night from 9 PM to 9 AM the next day, a restriction running through Sunday, October 4, 2026 (12 Mehr). The daily Tether purchase cap per user has also been limited to 2,000 USDT during this period.

Nobitex said the decision follows requirements set by the Central Bank of Iran, which a day earlier (Tuesday, September 29) banned banks from issuing loans for the purchase of gold, foreign currency or cryptocurrency. Users can still cancel open orders and close leveraged positions during the halt hours, but order execution prices are not guaranteed in this window, and the leverage multiplier on the Tether market has temporarily been reduced to one.