P2P is a most popular entry and exit point for users around the world to enter and exit crypto investments. However P2P is also hotbed of seamsters laundering their money into crypto. This leads to many genuine investors and end users facing wrath of cybercrime when their bank accounts are frozen, because they may have accidentally received money from bad source while selling USDT.

As a safe alternative to P2P Local DT offers safe and secure payouts every time.

rising use case: Given the rising remote work, and post covid IT boom lots of Indian IT professionals are working for global clients. They either gets paid by freelancing platforms or employers own bank, which costs heavy cross border charges and platforms fees in case of freelancing platforms, which could go as high as 10%.

to avoid this employers are now paying in USDT that is much faster, and cost effective. however when recipients try to exchange the USDT for INR on P2P, many are caught in the web of fraud money circulating on such platforms and end up with frozen bank account and losing not only their payment from foreign client but also their other savings.

Local DT offers a safe way to exchange USDT into INR to such professionals. on top of saving escrow fees, forex charges, and transaction cost, they might get some additional premium on exchange rate.