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Premium Cost

What a rupee amount of USDT actually costs with an India premium, exchange fee, spread and TDS. Every assumption is editable.

Inputs

Adjust the assumptions for a rupee amount of USDT.

The rupee amount you would put in.
Prefilled from the latest measured premium when one has been recorded; otherwise from the 3-4% band typically reported for USDT in India. Edit it to test another figure.
Source: the taker fee Indian venues publish on their own fee pages, commonly around 0.1%. Check your venue's current schedule and change this.
Source: an assumption, not a published figure -- the gap between bid and ask at the moment you transact. It varies by asset, size and time of day, so this is the input most worth changing.
Source: section 194S of the Income-tax Act, 1961 -- 1% deducted at source on a transfer of a virtual digital asset. It is creditable against your own tax liability, so it is shown separately from the costs you do not get back.

Result

Indicative figures from the editable inputs.

Enter your assumptions and submit to see the server-computed breakdown.

Premium input sourceThe initial USDT premium comes from a measured reading on one Indian venue: WazirX — not across the Indian market as a whole.

How this is worked out

The premium component is the spend multiplied by premium divided by one plus premium. Exchange fee, spread and TDS are each applied to the spend separately. The sequence a venue uses is not known, so these are indicative figures.

Measured premium

Only a permitted venue with a recorded reading can prefill the premium. Other Indian venues may have different values.

View measured premium by venue →

Informational only, not investment advice. The figures on this page are market data recorded from third-party sources at the times shown. They are not a live quote, they may be delayed or incomplete, and nothing here is a suggestion about what to do with any asset. This site does not hold funds and cannot place an order.

Computed by this site from your inputs and, where available, a measured premium. Official exchange rate from ExchangeRate-API, which states its data is informational and not for an actual transaction.