Buy USDT with Lightning UPI – No Payment Method Needed!
45sThe promise of a simplified crypto purchase method without adding payment methods appeals to beginners and sparks curiosity.
▶ Play ClipAI Summary
This video provides a step-by-step guide on how to purchase USDT using Lightning UPI on Binance's P2P platform. The tutorial covers the entire process, from switching to Binance Pro and selecting the payment method to completing the transaction via Paytm and receiving the cryptocurrency.
Chapters
[00:02]
Introduction and Account Setup
The video begins with an introduction to buying USDT via Lightning UPI on Binance. The host mentions a special code in the description for opening a Binance account and notes that no additional payment method is needed for this process.
[00:15]
Switching to Binance Pro
The user must switch from Binance Lite to Binance Pro by clicking the icon in the corner. This is necessary to access the P2P buying options.
[00:29]
Accessing P2P and Selecting Lightning UPI
After switching to Pro, the user clicks on 'Add Fund' and then 'Buy with P2P'. The payment method is selected by clicking on it and choosing 'Lightning UPI' from the options, then confirming the selection.
[00:43]
Important Warning
A critical warning is given: using someone else's Paytm or PhonePe account can lead to the suspension of the Binance account. The user must use their own payment app to transfer money.
[01:09]
Selecting a Reliable Seller
The user is advised to choose a genuine seller with a good track record. The example seller has around 26,000 trades, 100% success rate, and a 98.80% positive rating.
[01:24]
Placing the Order
The user clicks on the seller and then 'Buy'. The price range is set (e.g., ₹200 to ₹999), and the user selects an amount (e.g., ₹200) to buy 1.97 USDT. Terms and conditions should be read before placing the order.
[01:38]
Completing the Payment via Paytm
After placing the order, a QR code image appears. The user saves this image, opens Paytm, and scans it to transfer the money. The process involves allowing camera access and entering the PIN.
[02:36]
Confirming the Transaction
After the payment is sent, the user returns to Binance and clicks 'Could Be Later' to confirm. The USDT is then credited to the account, completing the purchase.
The video successfully demonstrates a straightforward method to buy USDT using Lightning UPI on Binance, emphasizing the importance of using a personal payment account and selecting a trustworthy seller to ensure a safe transaction.
Mentioned in this Video
Tutorial Checklist
Study Flashcards (5)
What is the first step to buy USDT with Lightning UPI on Binance?
easy
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What is the first step to buy USDT with Lightning UPI on Binance?
easy
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Switch from Binance Lite to Binance Pro by clicking the icon in the corner.
00:15
What payment method is used in the video to transfer money?
easy
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What payment method is used in the video to transfer money?
easy
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Paytm (or PhonePe) is used to transfer money via QR code.
01:52
What is the warning about using someone else's payment account?
medium
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What is the warning about using someone else's payment account?
medium
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Using someone else's Paytm or PhonePe can lead to the suspension of your Binance account.
00:43
What criteria should a reliable seller have?
medium
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What criteria should a reliable seller have?
medium
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A reliable seller should have a good track record, such as high trade count, 100% success rate, and positive rating.
01:09
How much USDT was purchased for ₹200 in the example?
hard
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How much USDT was purchased for ₹200 in the example?
hard
Click to reveal answer
1.97 USDT was purchased for ₹200.
01:24
💡 Key Takeaways
⚖️
Account Suspension Warning
This is a critical safety tip that prevents users from making a costly mistake that could lead to account suspension.
00:43
🔧
Seller Selection Criteria
Provides a practical method for identifying trustworthy sellers, which is essential for safe P2P transactions.
01:09
🔧
QR Code Payment Process
Demonstrates the exact steps for completing the payment, which is the core of the tutorial.
01:38Full Transcript
[00:02] Hello friends, in today's video we are going to see the complete procedure of buying USDT from Lightning UPI in Binance. in the description. You can definitely use the special code
[00:15] to open your Binance account. To buy USDT with Lightning UPI, you do n't need to add any payment method. This is your Binance Lite. You have to go here in the corner and click and come to binance pro. After that, you will
[00:29] see this option of Add Fund here, you have to click on it. The procedure is the same. You know you have to click on Buy with P to P. After that you can see the payment method here which is above, by clicking on it you have to select Lightning UPI.
[00:43] Ok? Yes and you have to confirm it here. While using Binance Lightning UPI, do not make the mistake of
[00:55] your Binance account may also be suspended. Whatever Paytm or PhonePe you are using should be yours. Transfer the money through that only. Now you have to find a simple seller here who is a genuine seller. It is quite good that he has trades.
[01:09] Whoever has a good track record should have all those things. So I can see it right here at the top. It has around 26,000 trades and 100% of its trades have been successful and it has got a positive rating of 98.80.
[01:24] So I click on this here and simply click on buy here. Now let me assume here that its range is ₹200 to ₹999. So here I just click on 200. 1.97 USDT will buy me here.
[01:38] Look, there will also be terms and conditions here. You must read them here. Simply click on Place Order. There will be some loading. This option of scan image has come here. Basically, a simple task has to be done. This image has to be
[01:52] saved from here. And now you have to open your Paytm simply. Ok? I simply open my Paytm here. And after that I have to transfer the money to the image that I had just saved. I have to after that I have to transfer the money to the image that I had just saved. I have to
[02:04] and here I have to simply click on Allow Camera Access, only this time and that image will be saved in my gallery. By Here is that photo. I have to click on this. Simply click on Done.
[02:19] And here above that photo, look at my funds, I had created a separate QR code for ₹200. He himself had made ₹200. So here I have to click on securely. Simply enter your PIN.
[02:36] some loading and see here the money has been sent. I need to reopen my Binance account. And you can see nothing happened. I sent ₹200 from my account here and the money has already reached me here. I have to click on Could Be Later
[02:52] money has already reached me here. I have to click on Could Be Later and I have already purchased 1.97 USDT. and I have already purchased 1.97 USDT.
