High-Risk USDT Offer at INR 105–107 — Avoid
I received an offer to buy/sell USDT at INR 105–107 that requires me to send USDT upfront while the INR is transferred via UPI/IMPS from a third‑party account.
This arrangement—upfront crypto delivery, third‑party payer, and a refusal of P2P/escrow—creates significant fraud and AML risk, so I would not transact with this counterparty.
I prefer using regulated exchanges or trusted escrowed P2P services and recommend avoiding this offer unless the counterparty can provide verifiable, on‑platform escrow and identity checks.
Analysis
Requiring crypto upfront while relying on third‑party bank transfers exposes you to settlement risk, chargebacks, and potential money‑laundering; the deal lacks escrow or identity verification.
Recommendation
Avoid this offer. Use regulated exchanges or P2P with escrow and verified counterparties; never send crypto before confirmed, verifiable bank settlement.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.