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Glossary

Crypto to INR glossary

Short, plain-English definitions of the terms you'll meet when you sell crypto for rupees in India.

Crypto to INR glossary terms: TRC20, ERC20, BEP20, Polygon, Base, BTC, UTR, IMPS, NEFT, RTGS, TDS, VDA, P2P, offramp, flash USDT, wallet, network, gas fee, address and exchange
Key terms at a glance; full definitions below.
Address poisoning
A scam where someone sends you a tiny transfer from an address that looks like one you use, hoping you'll later copy it from your history by mistake. Learn more
Airdrop
Tokens given out free, for example to players of Telegram tap-to-earn games. Selling them for INR usually means converting to USDT first. Learn more
AIS (Annual Information Statement)
The Income Tax Department's statement of your financial transactions, including crypto TDS and high-value bank credits. Learn more
Bandwidth (TRON)
A TRON resource used by every transaction. If you don't have enough, the network burns a little TRX instead. Learn more
BEP20
The token standard on BNB Smart Chain. It uses the same 0x address format as Ethereum, which makes wrong-network mistakes easy. Learn more
Block explorer
A website that shows transactions on a blockchain, such as Tronscan for TRON or Etherscan for Ethereum. Paste a transaction hash to see its status.
Confirmation
Each new block added after your transaction. Platforms wait for a set number of confirmations before treating a deposit as final; on TRON this takes about a minute. Learn more
Deposit address
The address you send crypto to for one order or account. It only works on the network shown next to it.
Energy (TRON)
A TRON resource used by smart-contract transfers like USDT. You get it by staking TRX, or the network burns TRX to pay for it. Learn more
ERC20
The token standard on Ethereum. USDT on ERC20 uses 0x addresses and pays network fees (gas) in ETH. Learn more
FIU-IND
The Financial Intelligence Unit of India. Crypto service providers serving Indians must register with it under anti-money-laundering law.
Flash USDT
A scam: fake tokens or fake balances made to look like USDT. They can't be sold, and 'flash USDT software' doesn't exist. Learn more
Gas
The network fee on Ethereum and other EVM chains, paid in the chain's own coin (ETH, BNB, POL).
IFSC
The 11-character code that identifies a bank branch in India. It's needed, with the account number, for IMPS, NEFT and RTGS payouts.
IMPS
Immediate Payment Service: an instant bank transfer in India that works 24/7, usually up to ₹5 lakh per transfer. Learn more
KYC
Know Your Customer: identity checks, usually PAN, Aadhaar and a selfie on Indian exchanges. Disburz asks for no documents to upload. Learn more
Lien (bank)
A hold placed on part of your bank balance, often the disputed amount after a fraud complaint, so it can't be withdrawn. Learn more
Market rate
An average price across exchanges, used as a reference. Our USDT pages compare the Disburz rate with CoinGecko's USDT/INR market rate. Learn more
Memo / tag
An extra field some exchanges need with a deposit (common on TON and XRP). Missing it can lose the funds.
MiCA
The EU's crypto rulebook. Under it, regulated EU exchanges no longer sell USDT. Learn more
Mid-market rate
The midpoint between buy and sell prices for a currency, before any provider margin. Learn more
NEFT
National Electronic Funds Transfer: settles in half-hourly batches, 24/7, with no RBI maximum. Learn more
Network fee
What the blockchain charges to process a transfer. Exchanges show it as a withdrawal fee; on TRC20 it's usually about 1 USDT.
Offramp
A service that buys crypto from you and pays local currency, such as INR, into your bank account. Also written off-ramp; "offramping crypto" means cashing it out this way. Learn more
Onramp
A service that sells you crypto for local currency. The opposite of an offramp. Learn more
OTC (over-the-counter)
A direct trade with a desk for large amounts, at one agreed price, usually settled by RTGS. Learn more
P2P (peer-to-peer)
Selling crypto directly to another person who pays you by bank or UPI. Fast, but the money can be linked to fraud and get your account frozen. Learn more
PAN
Permanent Account Number: India's tax ID. TDS on crypto is credited to your PAN.
Polygon
An EVM network with low fees. USDT on Polygon uses 0x addresses and pays fees in POL.
Private key / seed phrase
The secret that controls a crypto wallet. Anyone who has it can take your funds; no real support team will ever ask for it. Learn more
Rate lock
Fixing the exchange rate for an order when you confirm it, so the INR amount doesn't change while you send.
RTGS
Real Time Gross Settlement: real-time bank transfers of ₹2 lakh and above, available 24/7. Learn more
Schedule VDA
The section of the Indian income tax return where you report each crypto (virtual digital asset) sale. Learn more
SPL
The token standard on Solana, used by USDT and USDC there. Fees are paid in SOL. Learn more
Spread
The gap between a platform's rate and the market rate. A wide spread is a hidden cost. Learn more
Stablecoin
A token designed to hold a steady value, usually one US dollar. USDT and USDC are the largest.
TDS (crypto)
Tax deducted at source: 1% on crypto transfers above yearly thresholds, credited to your PAN and counted against your final tax. Learn more
Transaction hash (TxID)
The unique ID of a blockchain transaction. Use it on a block explorer to check the status of a transfer.
TRC20
The token standard on TRON. USDT on TRC20 is cheap and fast to send, uses addresses starting with T, and is what Disburz accepts. Learn more
TRON
The blockchain behind TRC20 tokens. Network fees are paid with energy, bandwidth or TRX.
UPI
Unified Payments Interface: instant payments with a UPI ID or QR, usually up to ₹1 lakh. Disburz payouts go by IMPS, NEFT or RTGS, not UPI. Learn more
USDC
A dollar stablecoin issued by Circle. Coming soon on Disburz. Learn more
USDT (Tether)
The most traded dollar stablecoin, issued by Tether, available on TRON, Ethereum, BSC, Solana and other networks. Learn more
USDT premium
How far the USDT price in India is above (or below) the US dollar rate. Learn more
UTR
Unique Transaction Reference: the bank's ID for an IMPS, NEFT or RTGS transfer. Use it to trace a payment with your bank. Learn more
VDA (virtual digital asset)
The Indian tax term for crypto and NFTs. Gains are taxed at a flat 30% plus cess, and losses can't be set off. Learn more
Wallet
An app or device that holds the keys to your crypto, such as Trust Wallet, MetaMask, Phantom or TronLink. Learn more
Wrong-network transfer
Sending crypto on a different network from the receiver's, for example ERC20 to a TRON address. The funds may be lost or need the receiver's help to recover. Learn more

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