Updated 2026-11-11 04:24 UTC
USDT P2P rates by country
USDT P2P buy and sell prices in 31 countries and regions, and how much dearer or cheaper each is than the dollar rate. Open any currency for its 7-day trend, common payment methods and local market context.
Right now USDT costs most above the dollar rate in Venezuela (+19.78%), Japan (+15.49%) and India (+10.43%), and is closest to or below it in mainland China (−0.71%). Of the 30 countries and regions with prices, 10 have a premium of 3% or more. Nigeria currently has no usable Binance P2P prices.
- VESVenezuela+19.78%
- JPYJapan+15.49%
- INRIndia+10.43%
- ZARSouth Africa+7.81%
- MADMorocco+7.78%
- ARSArgentina+6.87%
- XAFCentral Africa (CFA franc)+5.62%
- TRYTürkiye+5.01%
- KZTKazakhstan+4.74%
- DOPDominican Republic+3.46%
- BDTBangladesh+2.94%
- GBPUnited Kingdom+2.92%
- LKRSri Lanka+2.69%
- PKRPakistan+2.56%
- UAHUkraine+2.16%
- CLPChile+1.78%
- LAKLaos+1.50%
- EGPEgypt+1.28%
- EUREuro area+1.24%
- PENPeru+1.15%
- VNDVietnam+0.98%
- KHRCambodia+0.81%
- AEDUnited Arab Emirates+0.72%
- HKDHong Kong+0.57%
- MXNMexico+0.42%
- COPColombia+0.28%
- PHPPhilippines+0.27%
- IDRIndonesia+0.13%
- KESKenya−0.12%
- CNYChina (mainland)−0.71%
Asia
| Market | Buy USDT | Sell USDT | vs the dollar |
|---|---|---|---|
| INRIndia | 103.76 | 102.55 | +10.43% |
| PKRPakistan | 284.03 | 283.24 | +2.56% |
| BDTBangladesh | 128.27 | 129.41 | +2.94% |
| PHPPhilippines | 63.19 | 62.95 | +0.27% |
| IDRIndonesia | 18,113 | 18,080 | +0.13% |
| VNDVietnam | 25,859 | 25,845 | +0.98% |
| CNYChina (mainland) | 6.6400 | 6.6400 | −0.71% |
| HKDHong Kong | 7.8900 | 7.8700 | +0.57% |
| JPYJapan | 183.11 | 150.00 | +15.49% |
| KHRCambodia | 4,125 | 4,066 | +0.81% |
| LAKLaos | 22,778 | 22,596 | +1.50% |
| LKRSri Lanka | 341.19 | 339.88 | +2.69% |
| KZTKazakhstan | 468.48 | 453.00 | +4.74% |
Africa
| Market | Buy USDT | Sell USDT | vs the dollar |
|---|---|---|---|
| NGNNigeria | — | — | — |
| KESKenya | 129.82 | 129.50 | −0.12% |
| EGPEgypt | 54.03 | 54.12 | +1.28% |
| ZARSouth Africa | 17.79 | 16.54 | +7.81% |
| MADMorocco | 10.53 | 10.43 | +7.78% |
| XAFCentral Africa (CFA franc) | 619.30 | 617.19 | +5.62% |
Middle East
| Market | Buy USDT | Sell USDT | vs the dollar |
|---|---|---|---|
| AEDUnited Arab Emirates | 3.6990 | 3.6560 | +0.72% |
| TRYTürkiye | 52.76 | 50.70 | +5.01% |
Latin America
| Market | Buy USDT | Sell USDT | vs the dollar |
|---|---|---|---|
| ARSArgentina | 1,651 | 1,639 | +6.87% |
| COPColombia | 3,286 | 3,262 | +0.28% |
| MXNMexico | 18.69 | 18.58 | +0.42% |
| VESVenezuela | 1,080 | 1,074 | +19.78% |
| PENPeru | 3.4550 | 3.4250 | +1.15% |
| CLPChile | 986.07 | 976.25 | +1.78% |
| DOPDominican Republic | 62.85 | 61.72 | +3.46% |
Europe
| Market | Buy USDT | Sell USDT | vs the dollar |
|---|---|---|---|
| UAHUkraine | 46.57 | 47.34 | +2.16% |
| EUREuro area | 0.9050 | 0.9025 | +1.24% |
| GBPUnited Kingdom | 0.7700 | 0.7395 | +2.92% |
Reading the premium
A positive premium means buying USDT locally costs more than the dollar exchange rate implies, which is common where there are currency controls or a shortage of dollars. A negative one means USDT is cheaper than the dollar rate. Prices refresh every five minutes from the top 20 Binance P2P ads on each side, counting only ads that accept at least 10 USDT from advertisers with 10+ completed orders and a 90%+ completion rate over 30 days. After 15 minutes a price is flagged as possibly out of date, and after six hours it is no longer shown. Dollar reference rates: ExchangeRate-API. Methodology.
Why USDT prices differ so much by country
The same USDT drifts from the dollar rate by very different amounts from country to country, for different reasons. Each currency page covers the local detail.
- Venezuela: the official BCV rate has long trailed the market dollar price, and USDT reflects the market.
- India: a 30% tax on crypto gains, 1% withholding and the risk of sellers' accounts being frozen are all priced in.
- Argentina: several dollar rates coexist and USDT has long served as a crypto dollar.
- Türkiye: years of lira depreciation keep hedging demand high.
- The Philippines, Indonesia and Kenya: plenty of regulated channels and free exchange rates keep prices close to the dollar.
- The UAE: the dirham is pegged to the dollar, so the premium is almost purely USDT supply and demand.
- Nigeria: Binance has ended naira services, so there is no price to calculate.
For how the premium is calculated and used, see what the USDT premium means; for a first purchase, see how to buy USDT on Binance P2P.
Common questions
What does the USDT premium mean?
It is how much more one USDT costs on P2P in local currency than one dollar at the exchange rate. If the dollar rate is 94 rupees and USDT costs 104 on P2P, the premium is about 10.6%. A negative premium means USDT is cheaper than the dollar rate.
Why is USDT so much dearer than the dollar in some countries?
Usually because dollars are hard or costly to get locally: currency controls, a gap between official and market rates, heavy crypto taxes, or sellers' receiving accounts being frozen easily. Each currency page explains the local reasons.
Where is USDT cheapest to buy?
Countries with the lowest premium, where USDT is closest to or below the dollar rate, are usually markets with plenty of regulated on-ramps and free exchange rates, such as the Philippines, Indonesia and Kenya. The ranking changes; this page shows the latest.
How often are prices updated?
Every five minutes. A price not updated for 15 minutes is flagged as possibly out of date, and after six hours it is no longer shown.
Why is there no price for Nigeria?
Binance ended all naira services in March 2024 and P2P has no NGN ads, so no price can be calculated. The Nigeria currency page explains what happened.