USDT to INR rate explained: why buy and sell prices differ
1 USDT is designed to be worth 1 US dollar, yet the rupee price of USDT in India is rarely the same as the dollar rate you see on Google. Here is what moves it, and how to compare offers fairly.
Updated
Our rates today
Buy USDT: ₹106.00 · Sell USDT: ₹97.00 per USDT. Rates move with the market, so the rate confirmed in your ticket is the one that counts. See the rates page for the latest.
Why USDT isn't exactly the dollar rate
The dollar rate on Google is the interbank forex rate, the one banks use among themselves. The rupee price of USDT is set separately, by supply and demand in India's crypto market.
Many people want a dollar-linked asset, the routes for turning rupees into USDT are limited, and traders carry extra costs and banking risk. So USDT often trades above the forex rate, and that gap grows and shrinks with demand.
Why the buy rate is higher than the sell rate
Like any currency exchange counter, a desk sells a little higher than it buys. The gap is called the spread. It covers the desk's costs and risk: keeping USDT and rupees ready, moving money, and checking every trade. We don't add any commission or fee on top, so the spread is the whole cost.
How to compare offers
Compare what you actually end up with, not the headline rate. Ask: "For ₹10,000, how much USDT lands in my wallet after every fee?" Some platforms show a sharp rate, then add trading fees, withdrawal fees or a high network fee.
With us, at today's buy rate of ₹106.00, ₹10,000 buys about 94.34 USDT, and nothing is taken off.
Why rates change during the day
The USDT price moves with the dollar-rupee rate and with demand for USDT in India. We update our rates as the market moves, so check the rates page before you open a ticket. The rate confirmed in your ticket is the one that applies to your trade.
A rate far from the market is a warning sign
If someone offers USDT well below the market price, or offers to buy it well above, be careful. It's one of the most common baits in P2P fraud. See common P2P scams.