How coinglee Calculates USDT P2P Prices
Where the prices come from
| Source | What we use | How often |
|---|---|---|
| Binance P2P | USDT buy and sell offers in VND, PKR, INR and CNY | every 3 min |
| OKX P2P | USDT buy and sell offers in VND, PKR and CNY | every 3 min |
| Bybit P2P | USDT buy and sell offers in VND, PKR and INR | every 3 min |
| Vietcombank | Posted USD and CNY selling and buying rates (Vietnam) | every 30 min |
| ExchangeRate-API | USD/PKR, USD/INR and USD/CNY mid-market rates | daily |
| tygiausd.org, forex.com.pk | Black-market (Vietnam) and open market (Pakistan) dollar rates | every 30 min |
All prices are the same public offers anyone can see on each exchange’s P2P page.
How the USDT price is worked out
For each exchange, each direction (buying or selling) and each payment method:
- Match a real trade size. We keep only offers whose limits include a typical trade (5 million VND in Vietnam, Rs 50,000 in Pakistan, ₹20,000 in India, ¥5,000 in China) and that have enough USDT left for it.
- Keep reliable sellers. The seller needs a completion rate of 95% or higher and 50+ completed orders.
- Sort from the best price for you: lowest when buying, highest when selling.
- Take the middle of the 5 best prices. One unusual offer can’t move it much, unlike simply taking the top price.
When fewer than 3 offers pass these checks, the page says so, because the price can jump around.
Why not just show the top offer?
The first offer in an exchange’s list often has a great price but a limit of a few dollars, or comes from a brand-new account. Matching a real trade size and a proven seller gives a price you can actually get.
Changes, history and premium
- 24-hour change compares the current price with the price 24 hours earlier.
- Daily average, high and low are calculated in each country’s local time and kept permanently. Monthly reports are built from these daily figures.
- Premium compares the cheapest USDT buy price with the bank or interbank dollar rate on the same day: +2% means USDT costs 2% more than the dollar.
Limits
- P2P prices change minute by minute; the price may have moved by the time you place an order.
- If an exchange’s prices can’t be refreshed for more than 20 minutes, the page shows when they were last updated.
- Bank and interbank rates are for comparison only; USDT is not the same as a US dollar in your bank account.