🇮🇳 Alternate path

BYBIT P2P

Updated Sep 2026 · P2P · TRC-20

Bybit P2P is familiar and usually lets you withdraw crypto after you buy.

You pay UPI to another person, not to Bybit’s bank account.

If that person’s account is flagged, Indian banks sometimes freeze related accounts.

Prefer high-completion merchants, start small, and keep receipts.

Why this is not the default

P2P settles INR between you and a merchant. Bybit only escrows the USDT.

Paying a risky or mule UPI ID can cause bank freezes even if you meant no harm.

If you want to avoid personal-account payouts, use the imToken + AlchemyPay guide instead.

STEP 1Create a Bybit account with the invite link on this page and finish KYC.Use your own PAN / ID.
STEP 2Open P2P, set currency to INR, side to Buy, asset to USDT.Filter payment method to UPI.
STEP 3Pick a merchant with high completion and many recent trades.Avoid the absolute cheapest ad if stats look weak.
STEP 4Place the order and pay the exact amount from your own UPI.Confirm in the chat only after you paid.
STEP 5Wait for the merchant to release USDT into your Bybit funding / spot wallet.Do not release anything yourself as a buyer.

Keep the UPI receipt until USDT is released.
Never pay outside the order chat instructions.
Buy at least 55 USDT: 50 has to arrive, and the withdrawal fee comes out of what you send.

STEP 1Open Withdraw, choose USDT, network TRC-20.Paste your formal-site deposit address or your own wallet.
STEP 2Complete security checks (email / 2FA).Send a small test first if you are unsure.
STEP 3Wait for chain confirmation.The formal site credits after it sees the transfer.

Withdrawing straight from Bybit needs no TRX: the exchange pays the on-chain fee and charges you a fixed withdrawal fee instead.
If you send to your own wallet first and forward from there, that second hop is yours to pay — you will need about 15 TRX. The imToken guide shows how to get it.

Merchant did not release

Open a dispute inside Bybit with the UPI receipt.

Do not pay a second time.

Bank warning or freeze after P2P

Contact your bank with order proof.

Consider switching to the imToken + AlchemyPay path next time.

Cannot withdraw crypto

Finish KYC and security setup.

If still blocked, move to another guide from the India hub.

Other India routes

Got USDT? Deposit on the formal site next.