USDT to INR Conversion
Cryptos are traded in USD. But for us in India, it is difficult to convert the price of crypto to USD every time we trade. For example, it is much easier to understand the price of the stablecoin USDT in INR. This article will explain how CoinSwitch can be your ideal trading platform that fulfills all your trading requirements like currency conversion.Simplifying conversion with CoinSwitch
Converting the price of USDT to INR is very simple with CoinSwitch. All you need to do is visit the CoinSwitch PRO website
, our rupee-powered, secure crypto trading platform. CoinSwitch PRO is also available on the app. Download the app here
. With our USDT to INR conversion tool
, you can convert the value of USDT into INR.Tracking USDT price in India
USDT, or Tether as it is popularly known, is a stablecoin pegged to US Dollar. The primary purpose of a stablecoin is to maintain its value of $1 at all times. Maintaining the peg to USD should be straightforward as every USDT is backed by reserves held by the Tether Treasury. However, Tether’s asset has seen some price fluctuations over the years. This has impacted the peg, causing its price to fluctuate. USDT hit its all-time high of $1.32 in July 2018. The all-time low of $0.57 came in March 2015. The price swings occur when demand for the token changes. When the crypto market is surging, demand for stablecoins like tether is typically low, and vice versa. This impacts the USDT value. USDT price in India is influenced by Indian crypto market-specific news as well as by global developments. A USDT to INR calculator will help you know the current price of USDT in INR. This will help you make trading decisions.Conversion in a snap
The CoinSwitch advantage Rupee-powered:
- - Visit the CoinSwitch PRO website or click on Pro for Traders link on the app. Click the Sign-up button. Provide a few essential details to complete the registration process.
- - Once you log in, click on the Search button on the left and enter the ticker symbol of the crypto you wish to convert to INR. For example, if you type in USDT, it will show the current price in INR.
- - Once you have the INR price of the crypto you wish to trade, you can select the Buy or Sell option on the right-hand side of the page.
- - Select your order type, set the price and the quantity you wish to buy, and the value of the transaction in INR, and click on “Place Order.” Now, you are all set to go!
CoinSwitch, India’s largest crypto exchange, helps you buy and sell some of the world’s top-rated cryptos using INR. No hassle of dollar conversion.Trade on multiple exchanges:
CoinSwitch PRO, our desktop/app platform exclusively for traders, lets you buy on one exchange and sell on another, all using a single trading account. For example, you could buy USDT on CoinSwitch and sell it on say, WazirX, to take advantage of the price differential.Real-time rates:
We provide real-time rates 24/7 at the lowest commissions on your trades. Not just that, our PRO platform lets you track your orders, wallets, and portfolio with a few clicks.Data-driven:
In data we trust. Make informed trading decisions with our candlestick graphs and charts.Safety and support:
CoinSwitch has made it mandatory for its users to comply with KYC-AML requirements. PRO employs industry standards such as two-factor authentication (2FA) and encryption to ensure the safety of your account and transactions. If you face any trading related-issues, rest assured that our customer support team provides 24/7 assistance.