SunCrypto is India’s leading & FIU-IND registered cryptocurrency exchange, offering seamless buy and sell services for over 350+ cryptocurrencies (both INR & USDT trading). With the ability to trade directly in INR and get profits credited instantly to your bank account, SunCrypto has become a popular platform for Indian crypto enthusiasts.
However, trading in INR has some limitations, such as liquidity issues and price differences. To overcome these, trading in stablecoin or USDT (Tether) pairs is the ideal solution. USDT is a stablecoin pegged to the US dollar and is widely used across global crypto exchanges, providing better liquidity and reduced price discrepancies.
In this guide, we’ll explain the step-by-step process to trade crypto on SunCrypto in USDT pairs, along with its benefits.
Why USDT Trading is Beneficial?
USDT Trading comes with several advantages, including higher liquidity, minimal price discrepancies, and better access to global crypto markets. Let’s discuss the advantages more deeply:
- Global Liquidity: Most global exchanges support USDT trading, ensuring higher liquidity.
- Stable Value: Since USDT is pegged to the US dollar, it offers price stability, unlike volatile fiat currencies.
- Better Arbitrage Opportunities: With minimal price differences across platforms, USDT trading allows seamless arbitrage trading.
- Flexibility to Diversify: Easily switch between different cryptocurrencies without needing to convert back to INR repeatedly.
USDT Trading Guide on SunCrypto
If you’re new to SunCrypto, here’s how you can get started:
Step 1: Download the SunCrypto App
- Download the SunCrypto app from the Google Play Store or Apple App Store.
- Download the application by clicking here – CLICK HERE
Step 2: Register and Complete KYC
- Sign up with your mobile number and email.
- Complete the KYC verification process by submitting the required documents.
Step 3: Add Your Bank Account
- Link your bank account to your SunCrypto profile.
- This step is essential for depositing funds and withdrawing profits.
Step 4: Deposit INR into Your Account
- Navigate to the INR Deposit section.
- Deposit INR via UPI, bank transfer, or other supported methods.
Step 5: Buy USDT with INR
- Go to the INR Market section and search for USDT.
- Select USDT, tap on Buy, and enter the amount you wish to purchase.
- Confirm the transaction by entering your MPIN.
- Your USDT will be reflected in your Portfolio.
Step 6: Go to the USDT Market & Select Your Desired Crypto
- Navigate to the USDT Market section in the app.
- Search for the cryptocurrency you want to trade.
Step 7: Place a Buy Order
- Tap on the cryptocurrency, select Buy, and enter the amount you wish to purchase in USDT.
- Confirm the transaction by entering your MPIN.
- The purchased cryptocurrency will now be reflected in your Portfolio.
Step 8: Taking Profits or Switching Back to INR
- To book profits, sell your cryptocurrency back in exchange for USDT in the USDT Market.
- Then go to the INR Market, select USDT, and sell it for INR.
- Now, withdraw INR to your linked bank account directly or reinvest it in other cryptocurrencies.
Conclusion
USDT Trading on SunCrypto is a smart way to maximize your trading potential. The process is simple and ensures access to better liquidity, global markets, and a wide array of cryptocurrencies. So, whether you’re a beginner or a seasoned trader, USDT trading offers flexibility and stability, making it a must-try option on SunCrypto.
So, download the SunCrypto app today and explore the endless possibilities of trading in USDT pairs.
To learn more about USDT Trading, go check out SunCrypto Academy.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date, occasionally unintended errors or misprints may occur. We recommend you do your own research or consult an expert before making any investment decision. You may write to us at help@suncrypto.in.
No pay option is found when selling ISDT to INR
Dear User,
When you are on Sun Crypto’s Application Home Page, on the rightest corner you’ll find an icon named USDT Markets. You can check several crypto’s there to trade in USDT pairings.
Team SunCrypto