The PKR to USDT rate

You buy at a slightly higher price than you sell at. The gap between the two is called the spread, and it exists in every market — in a currency exchange on the high street, in a bank’s foreign exchange desk, and here.

It is not a fee that anyone collects. It is the cost of the market having two sides: the people willing to sell to you and the people willing to buy from you are not asking the same price. But it is real money, and it is usually a larger cost than the trading fee.

The practical consequence: if you buy USDT and sell it back immediately, you will get back less than you paid, even with no fee and no price movement. That is normal, and it is worth knowing before rather than after.

This is a marketplace, not a shop with one price. Approved traders each publish their own offers: their rate, how much they will move, the smallest and largest order they will take, and which payment methods they accept.

The rate above summarises where those offers are sitting. The rate you get is the one on the specific offer you accept, so it pays to look at the board rather than at a headline. A slightly worse rate from a trader who accepts the payment method you actually use, with limits that fit your order, is often the better trade.

When you create an order, the rate and the fee are fixed on the server and stored with that order. They cannot move between the quote you were shown and the confirmation you pressed, and they do not change while you are walking to the bank or waiting for a transfer to clear.

What can still move is the market itself, before you trade and after. A locked rate protects you during an order. It does not protect you from the price of USDT changing next week. The risk disclosure covers that properly, including the fact that USDT is a private company’s liability rather than a dollar.