how to convert usdt to inr without p2p

Converting USDT to INR without P2P trading involves registering with a reputable crypto exchange, depositing USDT, placing a sell order, and withdrawing the converted INR to a bank account or another supported destination.

Oct 25, 2024 at 10:19 pm

How to Convert USDT to INR Without P2P

Converting USDT (Tether) to INR (Indian Rupee) without using P2P (peer-to-peer) trading can be done through various platforms and services. Here's a step-by-step guide:

1. Choose a Reputable Crypto Exchange

• OKX
• WazirX
• Zebpay

2. Create an Account

Register with the selected exchange and complete the KYC (Know Your Customer) verification process to enable INR withdrawals.

3. Deposit USDT

Transfer your USDT from your wallet or another exchange to the exchange you've chosen.

4. Place a Sell Order

On the exchange's trading platform, navigate to the USDT/INR trading pair and place a sell order specifying the amount of USDT you want to convert.

5. Select Market or Limit Order

• Market Order: Executes your sell order immediately at the current market price.
• Limit Order: Sets a specific price at which you want to sell your USDT.

6. Set the INR Amount

Enter the amount of INR you want to receive after the conversion.

7. Review and Confirm

Carefully review the transaction details and confirm the order.

8. Track the Transaction

Once the order is placed, you can track its status in the exchange's order history or trading dashboard.

9. Withdraw INR

After the conversion is complete, withdraw your INR to your bank account or any other supported destination.

Additional Considerations:

• Fees: Exchanges typically charge fees for converting USDT to INR, so check the fee structure before choosing a platform.
• Minimum Amounts: There may be minimum withdrawal amounts for INR, so ensure you meet the exchange's requirements.
• Verification: Exchanges may require additional verification steps or documents to enable large withdrawals.