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SRD Exchange supports two INR payment methods: UPI (Unified Payments Interface) and CDM (Cash Deposit Machine). Both methods allow you to trade USDT for INR directly with other users, without involving any exchange-managed bank account. The right choice depends on your priorities — UPI offers instant digital convenience, while CDM provides maximum privacy and eliminates any risk of bank account freeze. Sellers specify which methods they accept when listing, so you can filter orders by the method that suits you.

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How UPI works

UPI is a real-time digital payments system operated by the National Payments Corporation of India (NPCI). When you pay via UPI on SRD Exchange, you transfer INR directly from your bank account to the seller’s UPI ID using any compatible app.

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Compatible apps

  • Google Pay
  • PhonePe
  • Paytm
  • BHIM
  • Any UPI-enabled banking app

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How to pay

  1. The seller’s UPI ID is displayed on the trade page after you confirm the order.
  2. Open your UPI app, enter the UPI ID, and enter the exact INR amount shown on the trade page.
  3. Complete the transfer and return to the platform to mark payment as sent.

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Pros

  • Instant transfer — funds typically arrive within seconds.
  • Familiar and easy to use for most Indian users.
  • No need to visit a physical location.

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Cons

  • Frequent or large crypto-related transfers may attract scrutiny from your bank.
  • Some banks flag accounts used for P2P crypto activity, which can lead to temporary holds or account reviews.

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When to use UPI

UPI is a good choice for smaller amounts and users who are comfortable with the low but nonzero risk of bank scrutiny. It is the fastest option for completing a trade quickly.

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Method comparison

Use CDM for larger transactions or if you have any concern about bank account freezes. The extra step of visiting a CDM branch is a small trade-off for the complete removal of crypto-related transaction risk from your banking history.