IndX Exchange FAQ
Can’t find your answer? Contact support.
General
What is IndX Exchange?+
IndX Exchange is a service for people in India to sell USDT for INR through the IndX app, with rates and status shown before you confirm.
What is USDT?+
USDT (Tether) is a stablecoin designed to track the US dollar. On IndX it is supported on TRC20 and BEP20.
Who can use IndX?+
Users who can complete the IndX app account and verification steps, including a bank account in their own name for payouts.
Selling
How do I sell USDT?+
Deposit USDT to your IndX address on the correct network, place a sell order and receive INR after approval. See the how-to-sell guide.
How do I receive INR?+
After a successful sell and review, IndX sends INR to your verified bank account. Timing depends on review and your bank.
Why was my payout delayed?+
Common reasons are bank holidays, a first-time payout check, or a compliance review of the deposit.
Step-by-step: How to sell USDT
Conversion
How do I convert USDT to INR?+
Converting USDT to INR means selling it. Check the indicative rate on the USDT to INR page.
Can I convert USDT to BTC?+
Not at present. IndX focuses on USDT to INR.
Why does the rate change?+
Rates follow market conditions and are refreshed periodically. Your rate is confirmed when you place an order in the app.
Rate tool: USDT to INR
Networks
What is TRC20?+
TRC20 is the token standard on the Tron blockchain. USDT TRC20 addresses often start with T.
What is BEP20?+
BEP20 is the token standard on BNB Smart Chain. USDT BEP20 addresses often start with 0x.
What if I used the wrong network?+
Contact support with the transaction hash. Recovery is not guaranteed. See the network guide.
Security and KYC
Is KYC required?+
Yes, before transactions can complete. See the KYC page.
How should I protect my account?+
Never share OTPs, use only the official domain, and ignore anyone offering guaranteed returns.
Will IndX ever contact me on WhatsApp or Telegram?+
Treat unexpected chat messages as suspicious. Prefer email and in-app channels listed on Contact Us.
Fees and Tax
What fees does IndX charge?+
See the fees page and the itemised amounts in the app before you confirm.
Why might 1% be deducted when I sell?+
That may be TDS on the transfer of a virtual digital asset where Indian tax law requires it. Confirm with a CA. IndX does not give tax advice.
Does IndX give tax advice?+
No. Please consult a qualified tax professional.
Account and Support
Official site: https://indx-frontend.vercel.app