USDT / INR · P2P
Binance P2P in India
Live USDT/INR prices on Binance P2P, how they compare with other exchanges, and what to know before you trade.
Referral link: coinglee may earn a commission from the exchange. Your price doesn't change.
Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
01Binance P2P
Fees, limits and how long it takes
- Status in India
- Registered with India's Financial Intelligence Unit (FIU-IND) as a reporting entity.
- Identity verification
- Required before P2P trading
- Escrow
- The exchange holds the seller's USDT until the seller confirms your payment
- Payment window
- Usually 15 minutes
- Release speed
- Not published by the exchange
- USDT arrives in
- Funding wallet
- P2P fee
- Usually free when you take an existing offer (check the app)
- Payment methods
- Bank transfer, UPI, PhonePe, Paytm, Google Pay, Digital Rupee (e₹)
- Typical order limits
- ₹9,999 to ₹50,000 per order (best offers)
02Trend
Binance P2P USDT price over the last 30 days
Daily average buy price on Binance P2P, against the cheapest other exchange and the bank rate. Binance P2P was cheapest on 13 of the last 13 days.
03Payment
Binance P2P prices by payment method
| Payment | You buy USDT | You sell USDT |
|---|---|---|
| Bank transfer | ₹105.85 | ₹103.06 |
| UPI | ₹105.85 | ₹103.45 |
| PhonePe | ₹107.89 | ₹103.06 |
| Paytm | ₹107.65 | ₹103.45 |
| Google Pay | ₹107.89 | ₹103.05 |
| Digital Rupee (e₹) | ₹105.00 | ₹103.65 |
04Offers
Best offers on Binance P2P
The best Binance P2P offers for a trade of about ₹20,000, from sellers with a completion rate of 95% or higher.
| Exchange | Price | Limits (INR) | Available | Completion | Payment | Speed | Buy |
|---|---|---|---|---|---|---|---|
| Binance | ₹100.55 | 10,000 – 50,000 | 4,459 USDT | 100.0% | Bank transfer, UPI | Online 313 min agoPay within 15 min | Buy |
| Binance | ₹104.85 | 20,000 – 37,500,000 | 7,498 USDT | 99.3% | Bank transfer, UPI | Online 14s agoPay within 30 min | Buy |
| Binance | ₹104.99 | 9,999 – 42,000 | 210 USDT | 98.6% | Digital Rupee (e₹) | Online 66s agoPay within 15 min | Buy |
| Binance | ₹105.00 | 8,500 – 200,000 | 200 USDT | 98.9% | Digital Rupee (e₹) | Online 15 min agoPay within 15 min | Buy |
| Exchange | Price | Limits (INR) | Available | Completion | Payment | Speed | Buy |
|---|---|---|---|---|---|---|---|
| Binance | ₹103.70 | 19,999 – 20,000 | 215 USDT | 98.0% | Digital Rupee (e₹) | Online 155 min agoPay within 15 min | Sell |
| Binance | ₹103.66 | 4,999 – 900,000 | 899 USDT | 100.0% | Digital Rupee (e₹) | Online 100 min agoPay within 15 min | Sell |
| Binance | ₹103.65 | 9,999 – 20,000 | 194 USDT | 98.6% | Digital Rupee (e₹) | Online 74s agoPay within 15 min | Sell |
| Binance | ₹103.56 | 15,000 – 35,000 | 203 USDT | 97.3% | Paytm, UPI | Online 6 min agoPay within 15 min | Sell |
05Open an account
How to open a Binance P2P account
It takes about 10 minutes. You'll need your ID and a bank account or wallet in your own name.
- Download the official appGet the Binance P2P app from the App Store or Google Play, or use the button below. Check the developer name to avoid fake apps.
- Sign upRegister with your email or phone number and set a strong password.
- Verify your identityComplete KYC with your national ID and a face check. P2P trading needs verified identity.
- Turn on 2FAEnable two-factor authentication in the app's security settings. Never share the codes with anyone.
- Add your payment methodAdd a bank account or wallet in your own name under P2P payment methods, then place your first order. Step-by-step buying guide →
Referral link: coinglee may earn a commission from the exchange. Your price doesn't change.
Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
06Guides
Guides before you trade on Binance P2P
- 01 How to Register a Binance Account in India (Aadhaar and PAN KYC, Referral Code, 2FA)Open and verify a Binance account in India step by step: email or +91 phone sign-up, the referral code you can only add once, KYC with Aadhaar or passport plus PAN, why verification fails, the security P2P needs, and UPI or bank payment methods in your own name. 6 min read
- 02 How to Buy USDT on Binance P2P in India (UPI, IMPS, Bank Transfer)Step-by-step guide to buying USDT with rupees on Binance P2P: KYC, choosing UPI, IMPS, bank transfer or Digital Rupee, reading an offer, paying correctly, UPI limits, TDS, real costs and what to do when something goes wrong. 5 min read
- 03 Trading USDT P2P Safely in India – Frozen Bank Accounts, Scams and TaxWhy Indian bank accounts get frozen after P2P USDT trades, the scams to watch for (third-party payments, fake UPI screenshots, collect requests, Telegram dealers), how to secure your account, a checklist for every trade, and what to do if your account is frozen. 3 min read
07FAQ
USDT to INR: frequently asked questions
Is it safe to buy USDT on Binance P2P?
Binance P2P escrows the seller's USDT for the whole trade and has an appeal process. Most risk comes from the other trader: pay only inside the order, check the sender's name matches the verified name, and never trade off-platform.
How long does buying USDT on Binance P2P take?
Usually a few minutes: you have about 15 minutes to pay, then the seller checks and releases USDT to your Funding wallet.
Is Binance P2P allowed in India?
Registered with India's Financial Intelligence Unit (FIU-IND) as a reporting entity.
What's the minimum to buy USDT on Binance P2P?
Most of the best offers on Binance P2P accept orders from about ₹9,999 up to ₹50,000. Smaller amounts have fewer offers and often a worse price.
Is Binance P2P cheaper than other exchanges?
Over the last 7 days, Binance P2P had the cheapest buy price 93% of the time. Prices move constantly, so compare when you trade.
08Exchanges
Compare with other exchanges
Get USDT prices on Telegram
An INR price digest three times a day, plus alerts when the price moves sharply.