INRSelling USDT for rupees on Peerlyx means a buyer pays you directly by UPI or bank transfer, while your USDT waits in escrow. You decide when to release, and only after the money is in your account.
What you need
- A Peerlyx account with 2FA turned on
- USDT in your Peerlyx wallet. You can deposit it from another wallet.
- Your UPI ID or bank details saved in Account settings › Payment accounts, so buyers see them in each trade
Two ways to sell
Sell to an existing buyer. Open P2P Trade, choose Sell, USDT and INR, and pick a buyer whose price and limits suit you. When you start the trade, your USDT is locked in escrow.
Post your own offer. Create a sell offer with your own price, limits and payment methods, and buyers come to you. At Level 1 it must fit within your lifetime limit; Level 2 removes it. See how to create your first offer.
Check the payment, then release
When the buyer marks the trade as paid, you get a notification. Before you release:
- Open your own banking or UPI app. Don’t rely on a screenshot or an SMS forwarded by the buyer.
- Check the amount. It must match the trade exactly.
- Check it has fully arrived. It shouldn’t be pending or on hold.
- Release in the trade. Confirm with your password and authenticator code. The USDT moves from escrow to the buyer.
Released crypto can’t be taken back, so never release because a buyer is rushing you.
If the money doesn’t arrive
Don’t release. Ask the buyer in the trade chat first. If there’s still no payment, open a dispute from the trade page: your USDT stays in escrow while support reviews the evidence. Read 7 P2P scams and how escrow stops each one.
Setting a fair price
If you post your own offer, look at the prices other sellers ask for the same coin, currency and payment method on P2P Trade. Prices on Peerlyx are fixed in each offer and don’t move with the market, so review yours when the market changes. A price slightly better than others usually fills faster; a price far from the rest may sit unused.
Choosing the right buyers
When you pick a buyer yourself, look at their completion rate, feedback and verification. As an offer owner you can also make your terms clear, for example:
- “Pay the exact amount in one transfer”
- “UPI and IMPS only”
- “I reply quickly between 9am and 9pm”
Clear terms prevent most problems before they start.
Keep records
Keep your bank statement for each trade until it is complete. If a buyer later claims they paid more, or a payment is reversed, the trade chat and your statement are what support looks at.
Start selling
See live buyers on Sell USDT in India.
