OpenRate
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Real-time P2P market data — 9 exchanges · 30 fiat markets · refreshed every 30s
USDT/INR per exchange
| # | Exchange | Best Buy | Best Sell | Spread | Buy ads | Sell ads | Merchants | |
|---|---|---|---|---|---|---|---|---|
| 1 | BinanceLive | ₹103.35 | ₹103.05 | -0.29% | 3.9K | 453 | 63 | Trade |
| 2 | BybitLive | ₹104.09 | ₹102.43 | -1.59% | 744 | 1.2K | 14 | Trade |
| 3 | BingxRef | ₹98.00 | ₹103.50 | 5.61% | 640 | 765 | — | Trade |
| 4 | GateRef | ₹97.50 | ₹106.50 | 9.23% | 266 | 435 | — | Trade |
| 5 | KucoinLive | ₹107.89 | ₹124.00 | 14.93% | 41 | 576 | — | Trade |
| 6 | BitgetRef | ₹104.30 | ₹103.25 | -1.01% | 84 | 317 | — | Trade |
| 7 | HtxLive | ₹105.90 | ₹136.00 | 28.42% | 22 | 249 | — | Trade |
| 8 | OkxLive | ₹119.00 | ₹99.00 | -16.81% | 18 | 225 | — | Trade |
Global exchange overview · all fiats
| # | Exchange | Merchants | Online | Markets | Fiats | 24h ads | Buy / Sell | 24h | 24h chart | 24h Tx | 24h Vol | Liquidity | Last seen | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BybitLive | 969 | 587(61%) | 5 | IDR, INR, PKR, RUB +1 | 28.6K | 14.0K / 14.6K | -0.12% | 21.5K | $17.91M | $669.96M | 13h ago | Trade | |
| 2 | BinanceLive | 867 | 553(64%) | 4 | IDR, INR, PKR, USD | 23.4K | 11.7K / 11.7K | +0.28% | 39.5K | $29.58M | $1.16B | 13h ago | Trade | |
| 3 | OkxLive | 334 | —(0%) | 4 | IDR, INR, PKR, USD | 17.8K | 7.7K / 10.0K | -0.91% | — | — | $391.40M | 13h ago | Trade | |
| 4 | KucoinLive | 316 | 62(20%) | 5 | IDR, INR, PKR, RUB +1 | 14.6K | 3.5K / 11.1K | +0.13% | — | — | $57.37B | 13h ago | Trade | |
| 5 | HtxLive | 121 | —(0%) | 5 | IDR, INR, RUB, THB +1 | 2.9K | 1.5K / 1.5K | +2.38% | 1.4K | $3.15M | $210.64M | 13h ago | Trade | |
| 6 | BitkubRef | 1 | 1(100%) | 1 | THB | 58 | 29 / 29 | — | — | — | — | — | 13h ago | Trade |
| 7 | BingxRef | — | — | 25 | AED, ARS, BRL, COP +21 | 25.9K | 13.4K / 12.5K | — | — | — | — | — | 14h ago | Trade |
| 8 | BitgetRef | — | — | 23 | AED, ARS, BRL, COP +19 | 14.1K | 2.6K / 11.5K | — | — | — | — | — | 14h ago | Trade |
| 9 | GateRef | — | — | 23 | AED, ARS, BRL, CNY +19 | 12.4K | 5.7K / 6.7K | — | — | — | — | — | 14h ago | Trade |
| 10 | MexcRef | — | — | 22 | AED, ARS, BRL, COP +18 | 11.8K | 2.8K / 9.0K | — | — | — | — | — | 14h ago | Trade |
Markets, tools & comparisons
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Research · all 108 articles
Browse by category →- Crypto remittance vs Wise vs Western Union — real numbers across 4 corridors9 min read · OpenRate Research
- Stablecoins in India 2026 — USDT, USDC, and the practical picture7 min read · OpenRate Research
- How to vet a P2P merchant in 30 seconds (the 6 numbers that matter)5 min read · OpenRate Research
- Why USDT premium varies by country (and what it predicts)8 min read · OpenRate Research
- How Russia became the world's #2 stablecoin market (post-2022)8 min read · OpenRate Research
- How to do your first P2P crypto trade in India (Binance walkthrough)6 min read · OpenRate Research
- USDT vs USDC — which should Indians use?4 min read · OpenRate Research
- Is Binance SEBI Registered? (No — and That's Not the Right Question)4 min read · OpenRate Research
- How to cash out USDT to INR safely in India (2026 guide)5 min read · OpenRate Research
- Bank account frozen under Section 102 CrPC: how to unfreeze (2026)5 min read · OpenRate Research
- PhonePe vs GPay vs Paytm for crypto P2P in India: which is best?6 min read · OpenRate Research
- Is Binance Legal in India in 2026?5 min read · OpenRate Research
- Can I buy BTC directly via P2P in India?4 min read · OpenRate Research
- P2P crypto scams in India: 7 patterns and how to avoid them6 min read · OpenRate Research
- How to send USDT abroad from India (legally)5 min read · OpenRate Research
- What does 'lien marked' mean on my bank account?4 min read · OpenRate Research
- USDT arbitrage in India: how it works in 20265 min read · OpenRate Research
- ETH P2P trading in India — practical guide3 min read · OpenRate Research
- How to verify a UPI payment before releasing USDT3 min read · OpenRate Research
- Best payment method for P2P crypto in India: UPI vs IMPS vs NEFT5 min read · OpenRate Research
- How to convert USDT to actual USD in India4 min read · OpenRate Research
- What happens when your bank runs an AML review?4 min read · OpenRate Research
- How to read the P2P order book like a pro4 min read · OpenRate Research
- Binance P2P India: complete guide for 2026 (KYC, UPI, TDS)5 min read · OpenRate Research
- What stablecoins beyond USDT trade in India?3 min read · OpenRate Research
- What do I do when a P2P trade goes into dispute?4 min read · OpenRate Research
- Bank account frozen after P2P crypto: what to do (2026 guide)5 min read · OpenRate Research
- What is RBI's stance on crypto in India? (2026)4 min read · OpenRate Research
- How to move USDT between exchanges (without losing money)4 min read · OpenRate Research
- Are neobanks (Jupiter, Fi, Niyo) better for P2P than traditional banks?4 min read · OpenRate Research
- Why is USDT more expensive in India than USDINR? (2026 premium explained)4 min read · OpenRate Research
- Bybit P2P in India — what's different from Binance?4 min read · OpenRate Research
- 30% crypto tax in India under Section 115BBH (2026 guide)5 min read · OpenRate Research
- Can I trade BNB, SOL, or alts directly via P2P?3 min read · OpenRate Research
- Is Binance's dispute resolution actually fair?4 min read · OpenRate Research
- Best bank for P2P crypto trading in India 20264 min read · OpenRate Research
- FIU-IND crypto exchange registration: full list and what it means (2026)5 min read · OpenRate Research
- What is P2P crypto trading in India?5 min read · OpenRate Research
- How to track P2P trades for tax purposes — a practical workflow5 min read · OpenRate Research
- How to explain crypto P2P to your bank manager3 min read · OpenRate Research
- Why is the P2P rate different from the rate on Google or Coinmarketcap?3 min read · OpenRate Research
- OKX P2P in India — niche but worth knowing4 min read · OpenRate Research
- 1% TDS on crypto in India: how it works and how to claim refund5 min read · OpenRate Research
- USDT TRC-20 vs ERC-20 vs BEP-20 — which network in India?4 min read · OpenRate Research
- What's the 'frozen funds' risk in P2P?4 min read · OpenRate Research
- How does the UPI ₹1 lakh limit affect P2P trading?3 min read · OpenRate Research
- Does FEMA apply to crypto?4 min read · OpenRate Research
- How is P2P different from spot trading and OTC?4 min read · OpenRate Research
- Your first arbitrage trade — a walkthrough5 min read · OpenRate Research
- Should I open a separate bank account for P2P trading?3 min read · OpenRate Research
- What's the best time to buy USDT on P2P?3 min read · OpenRate Research
- KuCoin, HTX, Bitget — the second-tier Indian P2P venues5 min read · OpenRate Research
- How to fill Schedule VDA on your ITR for crypto P2P trades5 min read · OpenRate Research
- Is Tether (USDT) safe in 2026?4 min read · OpenRate Research
- How to spot a fake or compromised merchant3 min read · OpenRate Research
- What is a UTR and why does it matter in P2P?3 min read · OpenRate Research
- Is Binance legal in India? (2026 update)4 min read · OpenRate Research
- Why does India trade USDT, not BTC, on P2P?4 min read · OpenRate Research
- What records should I keep for P2P trades?3 min read · OpenRate Research
- How to file a cybercrime complaint when crypto is stolen4 min read · OpenRate Research
- What is slippage in P2P and how do I avoid it?3 min read · OpenRate Research
- MEXC, Gate, BingX — the long tail of Indian P2P4 min read · OpenRate Research
- Is P2P trading taxed differently from spot trading?3 min read · OpenRate Research
- What does 'VDA' mean in Indian tax law?3 min read · OpenRate Research
- Account takeover attacks on Indian P2P traders4 min read · OpenRate Research
- PhonePe vs GPay vs Paytm — which UPI app to use for P2P?3 min read · OpenRate Research
- What is WazirX's status after the 2024 hack?4 min read · OpenRate Research
- How big is India's P2P volume vs the rest of the world?4 min read · OpenRate Research
- How to pick a merchant for a large (₹10L+) trade4 min read · OpenRate Research
- Crypto-friendly banks in India — 2026 ranking4 min read · OpenRate Research
- Fixed-price vs floating-price ads — which is better?3 min read · OpenRate Research
- Best P2P crypto exchange in India 2026: Binance vs Bybit vs OKX4 min read · OpenRate Research
- Can I offset crypto losses against other income in India?3 min read · OpenRate Research
- How is crypto staking income taxed in India?4 min read · OpenRate Research
- Romance/pig-butchering scams targeting Indian P2P users4 min read · OpenRate Research
- Can I do P2P trades with cash?4 min read · OpenRate Research
- Is P2P trading anonymous in India?4 min read · OpenRate Research
- What does escrow actually mean in a P2P trade?3 min read · OpenRate Research
- The pre-trade checklist — 8 things to verify in 30 seconds3 min read · OpenRate Research
- What is a Suspicious Transaction Report (STR)?3 min read · OpenRate Research
- What causes the P2P spread to widen suddenly?3 min read · OpenRate Research
- What about Indian-domiciled exchanges — CoinDCX, ZebPay, Mudrex?4 min read · OpenRate Research
- GST on crypto in India: 18% on exchange fees (July 2025 update)4 min read · OpenRate Research
- Is crypto mining legal in India?4 min read · OpenRate Research
- Are Telegram/WhatsApp P2P 'groups' safe to trade in?3 min read · OpenRate Research
- What is 'third-party payment' in P2P and why is it forbidden?3 min read · OpenRate Research
- KYC tiers on Binance and Bybit — what changes at each level4 min read · OpenRate Research
- How do P2P merchants actually make money?4 min read · OpenRate Research
- Do banks share my P2P data with the income tax department?3 min read · OpenRate Research
- Three working P2P arbitrage strategies in India5 min read · OpenRate Research
- P2P fees on major exchanges — what you actually pay4 min read · OpenRate Research
- Form 26AS and AIS — what crypto data the tax department already has4 min read · OpenRate Research
- The 12-point P2P safety checklist3 min read · OpenRate Research
- How does my bank statement look during a tax audit?4 min read · OpenRate Research
- What is PMLA and why does it cover crypto now?4 min read · OpenRate Research
- Buying vs selling USDT on P2P — what changes?4 min read · OpenRate Research
- How does OpenRate's P2P price compare to other trackers?3 min read · OpenRate Research
- An exchange is blocked in India — should I use a VPN?4 min read · OpenRate Research
- How to calculate tax on a single P2P trade4 min read · OpenRate Research
- Why do some merchants only accept specific payment methods?3 min read · OpenRate Research
- What is the G20 crypto framework and how does it affect India?4 min read · OpenRate Research
- What is spread in P2P — and why does it matter?3 min read · OpenRate Research
- What does the 'gold/diamond' merchant badge actually mean?3 min read · OpenRate Research
- Receiving crypto as payment — tax treatment4 min read · OpenRate Research
- RBI's Digital Rupee vs USDT — what's the difference?4 min read · OpenRate Research
- What determines the USDT/INR P2P rate in India?4 min read · OpenRate Research
- Do I pay tax if I only hold USDT and never sell?3 min read · OpenRate Research
- Is P2P crypto trading legal in India? (2026 status)4 min read · OpenRate Research
Frequently asked questions
What is OpenRate?+
OpenRate is a real-time peer-to-peer crypto rate aggregator. It pulls live USDT prices from 9 exchanges (Binance, Bybit, OKX, HTX, Bitget, MEXC, Gate, BingX, KuCoin) across 30 fiat markets and shows the cheapest buy + highest sell prices side-by-side. Free, no login, no rate limits, refreshed every 30 seconds.
How is the data sourced?+
Direct-crawled exchanges (Binance, Bybit, OKX, HTX, KuCoin) refresh every 60 seconds against each exchange's public P2P API. Reference exchanges (Bitget, MEXC, Gate, BingX) refresh every 30 minutes via p2p.army's daily aggregate. Every number on the page is timestamped; live ad observations drive the sitemap's lastmod.
Is the API really free?+
Yes. All /api/v1/ endpoints (rates, exchanges, payments, best, spreads, convert) are public, no key required, no rate limits, and licensed CC BY 4.0 — meaning ChatGPT, Claude, Perplexity and any developer can ingest and cite the data with attribution. The license signal is in the schema metadata, robots.txt explicitly allows AI crawlers on /api/v1/.
Which fiats are tracked?+
30 fiat markets: INR, USD, RUB, EUR, GBP, PKR, IDR, TRY, UAH, PHP, VND, BRL, ARS, NGN, AED, CNY, HKD, MYR, JPY, UZS, THB, KRW, TWD, EGP, KZT, COP, PEN, MXN, ZAR, SAR. India (INR), Russia (RUB), Nigeria (NGN), Turkey (TRY), and Argentina (ARS) are the highest-volume by P2P trade activity.
What's the live USDT/INR P2P rate right now?+
As of the latest crawl, the cheapest USDT/INR BUY price is ₹94.00 and the highest SELL is ₹136.00 across the 9 exchanges OpenRate tracks. The exact merchant offering each price is shown in the Markets table on this page.
How is OpenRate different from CoinMarketCap or CoinGecko?+
CMC and CoinGecko show centralized-exchange spot prices (Binance USDT/USD, etc.). OpenRate shows P2P market prices — the actual peer-to-peer rate at which retail buyers and sellers are trading USDT for INR/RUB/PKR/etc. via UPI, JazzCash, SBP, Pix and other local rails. The P2P rate often diverges 1-5% from spot, especially in capital-controlled markets.