Latest rates · Updated 30 Oct 20:50 UTC
USDT to LKR rate today
P2P buy reference: the lower of the OKX and Binance P2P buy rates
Quote No. 20261030·2050 UTC
| Platform | Buy | Sell |
|---|---|---|
| OKX P2P | 368.00 | 332.00 |
| Binance P2P | 338.55 | 336.05 |
| Spot reference | 331.6849 | |
Buy is what you pay for 1 USDT; sell is what you receive for 1 USDT. We only count ads whose order limits cover about USD 300 (99,649 LKR) and take the median of the five best prices.
USDT to LKR price chart
Solid lines are P2P rates. The dashed line is the spot reference: the OKX USDT/USD index multiplied by the day's USD exchange rate. When P2P sits above the dashed line, buying USDT on P2P costs more than spot.
- OKX P2P
- Binance P2P
- Spot reference
Show the latest 12 data points
| Time | Spot reference | OKX | Binance |
|---|
USDT converter
Type in either box. The P2P buy rate is used by default; switch to the sell rate or the spot reference.
Using 1 USDT = 338.5500 LKR
| USDT | ≈ LKR (buy rate) |
|---|---|
| 1 USDT | 338.55 |
| 10 USDT | 3,385.50 |
| 100 USDT | 33,855.00 |
| 500 USDT | 169,275.00 |
| 1,000 USDT | 338,550.00 |
Popular amounts
What the Central Bank of Sri Lanka says about cryptocurrency
The Central Bank of Sri Lanka (CBSL) set out its position in a public notice, “Risks of using and investing in Cryptocurrency”, published on 29 March 2023. Four points from it:
| Topic | CBSL wording |
|---|---|
| Licensing | “CBSL has not issued any licence or authorized any individual or business to operate schemes involving cryptocurrency” |
| Legal tender | “cryptocurrencies are not considered as legal tender in Sri Lanka” |
| Cards | Under Directions No. 03 of 2021 issued under the Foreign Exchange Act, No. 12 of 2017, “Electronic Fund Transfer Cards (EFTCs) such as debit cards and credit cards are not permitted” for payments related to cryptocurrency transactions |
| Foreign currency | “Cryptocurrency operates through informal channels” and “can also cause a loss of valuable foreign currency to the country” |
Paying for a rupee order: cards, names and fees
Start with the card rule. Under CBSL's Directions No. 03 of 2021, debit and credit cards are not permitted for payments related to cryptocurrency transactions, so a card cannot be used to settle a P2P order.
Whatever payment method an ad lists, two exchange rules decide whether you are covered if something goes wrong. OKX requires the paying account to be in the same name as your verified OKX account. Binance says it is not liable if a buyer sends money to an account other than the one in the order's payment details, or to a third party.
The rates on the board are ad prices only, with no fees deducted. OKX's P2P help page says “No service fee for trading P2P” but notes that external payment providers may charge their own fees. Binance's P2P introduction says it may charge transaction fees to takers and makers on every completed order. A bank or wallet charge on the rupee transfer comes on top of whichever rate you use.
Binance encourages users to check the ad price carefully before placing an order. Do the same with the ad's limits and payment method.
FAQ
What is 10 USDT in Sri Lankan rupees today?
See the 10 USDT in rupees page, or enter 10 in the converter on this page. Buying USDT with rupees uses the buy rate; selling USDT for rupees uses the sell rate. Both come from the latest board and change every 10 minutes.
Can debit or credit cards be used for crypto payments in Sri Lanka?
No. The Central Bank of Sri Lanka's notice of 29 March 2023 says that, under Directions No. 03 of 2021 issued under the Foreign Exchange Act, No. 12 of 2017, debit and credit cards are not permitted for payments related to cryptocurrency transactions.
Has the Central Bank of Sri Lanka licensed any crypto exchange?
In its notice of 29 March 2023, CBSL said it “has not issued any licence or authorized any individual or business to operate schemes involving cryptocurrency”.
Is cryptocurrency legal tender in Sri Lanka?
No. CBSL states that cryptocurrencies are not considered legal tender in Sri Lanka.