USDT / INR · PhonePe
USDT to INR price via PhonePe
USDT prices from sellers who accept PhonePe, for a trade of about ₹20,000. Only sellers with a completion rate of 95% or higher are included.
Compared with the all-methods price ₹104.99 · Binance +1.80%
Live/USDT · INR
Updated
Exchange
You buy USDTyou pay per USDT
You sell USDTyou receive per USDT
USD/INR mid-marketinterbank mid-market, for reference
Mid-market95.32₹
Where every price sitsBuy–sell spread ₹3.81
95.32Mid-market102.53 – 107.89P2P
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.
Price alert
01Trend
USDT to INR price chart
02Payment
USDT price by payment method in India
03Guides
Trade USDT on P2P the right way
Step-by-step guides to trading USDT for INR, and what to know to stay safe on P2P.
- 01 How to Buy USDT in India (2026) – P2P vs Indian Exchanges, Costs, Tax and RisksAll the ways to buy USDT with rupees in India compared: Binance and Bybit P2P by UPI or IMPS, Indian exchanges with INR deposits, what each costs, how TDS and the 30% tax apply, the risks, and which to choose for your amount. 4 min read
- 02 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
- 03 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
- 04 How to Buy USDT on Bybit P2P in India (UPI, IMPS, PhonePe)Step-by-step guide to buying USDT with INR on Bybit P2P: KYC, paying by UPI, IMPS, PhonePe, Paytm, Google Pay or Digital Rupee, reading advertiser release times, TDS, costs, appeals and how Bybit compares with Binance. 4 min read
- 05 How to Sell USDT for INR on P2P Safely – UPI, IMPS, TDS and Frozen AccountsSelling USDT for rupees on Binance or Bybit P2P in India: choosing a buyer, checking UPI or IMPS payments in your own bank app, the 1% TDS and 30% tax, and how to avoid a frozen bank account. 4 min read
- 06 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
- 07 Why USDT Costs More Than the Dollar Rate in IndiaWhy USDT to INR on P2P is usually several percent above the USD/INR mid-market rate: the role of the 30% tax and 1% TDS, bank-freeze risk, limited supply and demand for dollars, how to read the premium and the buy–sell spread, and how coinglee works out a price you can actually get. 4 min read
- 08 1% TDS and 30% Tax on Crypto in India – How It Works for USDT and P2PHow India taxes crypto and USDT in 2026: 1% TDS on transfers (Section 194S, now Section 393 of the Income-tax Act 2025), 30% tax on gains with worked examples, thresholds, who deducts TDS on P2P, losses, Schedule VDA, claiming TDS credit and the records to keep. 4 min read
- 09 Binance vs Bybit P2P in India – Which Is Better for Buying USDT with INR?Binance P2P and Bybit P2P compared for Indian users: USDT price, UPI, IMPS, PhonePe and Digital Rupee offers, release speed, limits, fees, TDS handling, FIU registration and safety, plus why OKX isn't on the list. 4 min read
- 10 Is Crypto Legal in India in 2026? Rules, Tax and FIU-Registered ExchangesIs crypto legal in India? The RBI circular and the Supreme Court ruling, the 30% tax and 1% TDS, PMLA and FIU-IND registration, which exchanges are registered, what that means for buying USDT on Binance and Bybit P2P in 2026, and the practical risks. 4 min read
- 11 USDT P2P Glossary for India: 40 Terms Explained (KYC, TDS, VDA, UPI, Release…)Plain-English definitions of the terms you'll see when buying and selling USDT with rupees on Binance and Bybit P2P in India, from KYC, escrow and release to UPI, UTR, VDA, TDS, Schedule VDA, premium and FIU-IND. 4 min read
- 12 USDT TRC20 vs BEP20 vs ERC20 in India – Which Network to Use When Moving USDTChoosing the right USDT network when you move coins between Binance, Bybit, Indian exchanges and wallets: fees, address formats, memos, the wrong-network problem and the records to keep for tax. 4 min read
- 13 P2P Triangle Scams and Fake UPI Screenshots in India – How Sellers Get CaughtHow triangle scams turn your USDT sale into a frozen bank account, how fake UPI screenshots and payment apps work, the UPI collect-request trick, and what to do if a stranger's money reaches you. 3 min read