Buy And Sell Tether (USDT to INR): A complete guide

Buy And Sell Tether (USDT to INR): A complete guide
2 min read
22 December 2023

Tether (USDT):

  • USDT, a stablecoin pegged to the US dollar, strives for stability by linking itself to fiat currency. 
  • This secure link facilitates smooth transitions between the crypto realm and traditional financial systems, including conversions from USDT to INR.



Here are some general steps you can follow:

Buy Tether (USDT):

Step 1: Cryptocurrency Exchange Platform:

Step 2: Complete KYC Verification:

  • Most cryptocurrency exchange platform in India require users to complete Know Your Customer (KYC) verification. 
  • This involves submitting identification documents to comply with regulatory requirements.

Step 3: Deposit INR into Your Exchange Account:

Step 4: Buy USDT:

  • Navigate to the trading section of the exchange and find the USDT to INR trading pair.
  • Place a buy order for the amount of USDT you want, specifying the price or using market orders.

Step 5: Secure Your USDT:

  • After your buy order is executed, transfer the purchased USDT to your cryptocurrency wallet for added security.

Sell Tether (USDT):

Step 1: Deposit USDT into Your Exchange Account:

  • If your USDT is stored in a personal wallet, transfer it to your exchange wallet.

Step 2: Navigate to the Trading Section:

  • Go to the trading section of the exchange and find the USDT to INR trading pair.

Step 3: Place a Sell Order:

  • Place a sell order for the amount of USDT you want to sell, specifying the price or using market orders.

Step 4: Withdraw INR:

  • Once your sell order is executed, you can withdraw the INR to your bank account using the withdrawal options provided by the exchange.

Conclusion:

In summary, when purchasing USDT to INR in India, opt for a reputable cryptocurrency exchange like Koinpark, undergo necessary verifications, deposit INR, and execute the purchase. For selling, follow a similar process by depositing USDT, placing a sell order, and withdrawing the converted INR to your bank account.

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Bert Beffort 2
Joined: 5 months ago
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