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Cash out: USDT → INR → bank
Wallet / cash-out guide only — not the Red Bar strategy. After you take profits (spot or futures → USDT), move USDT back to your bank via P2P Sell — not Convert — for a clearer rate.
Steps
- Sell crypto to USDT on Spot (or leave profits in USDT).
- Transfer USDT to the wallet Binance P2P uses (often Funding) if the app asks.
- Open P2P → Sell → USDT → INR.
- Choose a yellow-tick buyer with strong completion rate; prefer UPI/IMPS you already use.
- Place the sell order → wait for the buyer’s INR payment → confirm the money in your bank app → then release USDT in escrow.
Never release USDT because someone sent a screenshot. Check the actual bank / UPI credit first. If payment is wrong or delayed, use Binance appeal — do not chat off-app.
Timing & costs
- P2P platform fee is typically 0%; the rate includes the merchant’s spread.
- Bank / UPI credit is usually minutes; weekends and bank maintenance can delay.
- Large sells: split into smaller orders with reputable merchants.
- Keep records for your own taxes — TrendRunner does not provide tax advice.
Do not
- Use Convert as your default cash-out (why).
- Accept “I’ll pay from a friend’s account” mismatches that break escrow rules.
- Withdraw to unknown third-party wallets for “better rates.”
Funding the other direction: INR → USDT · P2P basics.
Open Binance (TrendRunner referral)