Selling USDT (Tether) using the Bedane App is a straightforward process. Below are the steps to sell your USDT for INR or other fiat currencies on Bedane:
Steps to Sell USDT on Bedane App
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Download & Install the App
- If you don’t already have it, download the Bedane App from Google Play Store or Apple App Store.
- Register and complete KYC verification (if required).
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Log In & Navigate to P2P Section
- Open the app and log in.
- Look for a section labeled "P2P Trading," "USDT Sell," or similar.
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Select ‘Sell USDT’ Option
- Choose “Sell USDT” as your transaction type.
- Enter the amount of USDT you want to sell.
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Choose Payment Method & Set Rate (If Applicable)
- Select your preferred payment method (Bank Transfer, UPI, IMPS, etc.).
- Some P2P platforms allow sellers to set their own exchange rate; adjust if needed.
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Find a Buyer or Wait for Orders
- The app may automatically match you with buyers based on price preferences.
- Alternatively, browse buyer ads and select one offering good rates.
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Initiate Trade & Lock Price
- Once matched with a buyer, confirm details like amount and payment method.
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- Once matched with a buyer, confirm details like amount and payment method.
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Here’s the continuation of the steps to sell USDT on the Bedane App:
6. Initiate Trade & Lock Price
- Once matched with a buyer, confirm details like amount and payment method.
- The app will lock your USDT in escrow until payment is confirmed.
7. Share Payment Details with Buyer
- Provide your bank account/UPI details (if required) so the buyer can send you INR.
- Some platforms auto-generate a payment request for buyers—follow instructions accordingly.
8. Wait for Buyer’s Payment
- The buyer will transfer INR to your linked bank/UPI account as per agreed terms.
- Do not release USDT until you receive full payment in your account (Check balance first!).
9. Confirm Receipt of Payment
- Once funds reflect in your bank/UPI, go back to Bedane App and mark payment as "Received."
- If using an automated system, it may detect payments instantly (verify manually if needed).
10 Release USDT from Escrow
- After confirming INR receipt, click "Release" or "Confirm" to transfer locked USDT to the buyer’s wallet automatically via smart contract/P2P system within Bedane App interface itself without any manual intervention unless dispute arises later due non-receipt claims by counterparty etc., which should be reported immediately through official support channels provided inside application settings menu where disputes resolution team handles such cases fairly based on evidence submitted both parties involved transaction history logs maintained securely blockchain technology ensuring transparency throughout entire process end-to-end encrypted security measures protecting user data privacy compliance regulations applicable jurisdiction operations conducted under legal framework governing financial transactions India including but not limited PMLA guidelines issued RBI SEBI other regulatory bodies overseeing crypto-related activities countrywide enforcement laws prevent money laundering 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