Buy SPDR S&P500 in Iran
fast, simple and secure
Buy SPDR S&P 500’s xStock (SPYx) using USDT or Toman: a token backed one-to-one by a real SPY fund share, in any fraction, around the clock.
- Crypto or bank-card funding
- Instant settlement
- Secure custody
Transparent fees · Secure custody of your assets
How to buy SPDR S&P500 in Iran in a few minutes
Buying SPDR S&P500 on SwapWallet takes four simple steps, with no middleman and no waiting for a seller.
- 1
Get the SwapWallet app
Install the app or open the web app and sign up with your mobile number. Your wallet is created right away.
- 2
Choose how to fund your account
Deposit crypto to start, or enable Toman payments with a one-time identity check: national ID, date of birth and an Iranian bank card in your own name.
- 3
Choose how much SPDR S&P500
Choose SPYx and enter the amount you want to buy. Select your funded balance and review the rate and fee before you confirm.
- 4
Receive it instantly
Confirm the purchase and the SPYx is in your SwapWallet wallet the moment the trade goes through.
SPY vs SPYx: what you’re buying
SPYx is an xStock: a token that tracks the price of SPDR S&P 500 on NYSE Arca. Every token is backed one-to-one by a real SPY fund share held by a regulated custodian, so the token’s dollar price follows the fund share. On SwapWallet the Toman price is that dollar price at the live USDT to Toman rate, so it moves with both.
You own the token, not the fund share itself: your name isn’t on SPDR S&P 500’s register of holders and you get no vote, but you gain or lose as SPY rises or falls. Dividends are reinvested for holders, so your token balance grows instead of being paid out in cash; a stock split adjusts your balance the same way.
| SPY | SPYx | |
|---|---|---|
| What you own | SPY fund shares | SPYx tokens |
| Backing | The share itself | 1 real SPY fund share per token, held by a custodian |
| Where it trades | NYSE Arca | SwapWallet, 24/7 |
| Smallest amount | 1 fund share (at most brokers) | Any fraction of a token |
| Pay with | US dollars, through a broker | Toman or USDT |
| Voting rights | Yes | No |
SPDR S&P500 market today
- Market cap
- $65.33M
- 24h volume
- $9.94M
- Market rank
- #329
- Circulating supply
- 83.41K SPYx
SPDR S&P 500 xStock: frequently asked questions
Does buying SPYx make me a SPDR S&P 500 shareholder?
No. You own a token backed by a real SPY fund share, but you aren’t registered as a holder and have no vote. You profit or lose as SPY’s price moves; your counterparty is the token’s issuer.
How do I buy SPDR S&P 500 stock from Iran?
Buy its xStock, SPYx, on SwapWallet using USDT or Toman. Sign up with your mobile number, fund your account, choose an amount and confirm. Toman payments require identity verification and an Iranian bank card in your own name. You can buy a fraction of a token.
How much is SPYx in Toman?
About 204,918,561 IRT right now. The Toman price is SPY’s dollar price at SwapWallet’s live USDT rate, so it moves with the stock and with the USDT rate.
What happens to dividends?
They are reinvested for token holders: your SPYx balance grows by the dividend’s value instead of a cash payout. A stock split adjusts your balance the same way, so your holding keeps its value.
Can I trade SPYx when the stock market is closed?
Yes. The token trades on SwapWallet around the clock. When NYSE Arca is closed, the token’s price comes from token trading itself.
What is the trading fee?
0.2% per trade on the Toman market at the base account level, shown before you confirm. Higher trading volume lowers it.
Can I withdraw SPYx to another wallet?
Not at the moment: SPYx has no withdrawal network on SwapWallet today. You can buy, hold and sell it inside SwapWallet.
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