risky

OTC USDT Buy Offer at INR 105–109 — Exercise Caution

I see an OTC solicitation seeking large purchases of USDT (Tether) at INR 105–109 per USDT, stating support for IMPS, UPI and bank cards, minimum 10 USDT, prepayment required, and multiple Telegram/WhatsApp contacts.

This reads like a private merchant offer rather than an exchange listing. The requirement for prepayment, the use of multiple private messaging handles, and the lack of verifiable corporate or escrow details raise counterparty, fraud and regulatory concerns.

I would only consider engaging after strict due diligence: verify legal status and bank accounts, insist on written terms and receipts, perform a small test transaction, and prefer regulated exchanges or escrow services for larger volumes.

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Analysis

This is an OTC merchant advertisement, not investment advice. Prepayment, private messaging contacts, and no visible licensing or escrow arrangements increase fraud and regulatory risk. Verify KYC/AML...

Recommendation

Do not transact large amounts with these contacts without thorough verification. Prefer regulated exchanges or escrowed OTC desks; if proceeding, start with a minimal test trade, get written confirmat...

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.

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