Why are there discrepancies in USDT rates between deposits and withdrawals?

Created by Pratibha Shetty, Modified on Wed, 2 Apr at 8:57 AM by Pratibha Shetty

The discrepancies in USDT rates between deposits and withdrawals on our platform( and even all the platforms) are primarily due to the premium associated with it, you can compare it to gold where if you buy/sell the same day, the rates shall differ a bit.

This Buy/Sell prices can fluctuate based on market demand along with the current supply, platform specific fees and other factors impacting the cryptocurrency market. We strive to provide competitive rates, and the displayed difference reflects the market conditions at any given time.

For any queries regarding Bank deposits or withdrawals, please don't hesitate to contact our support team at 080-35213000 between 10AM-7PM from Monday - Saturday.




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