What happens when I place or close a trade?

Updated 

When you trade, your INR will be notionally converted to USDT using a fixed rate.

  1. This conversion rate doesn’t change often.

  2. If the rate changes while you adjust or close your trade, the difference gets accounted for as USDT settlement which can either be positive or negative depending on the average. USDT buy price and the current USDT/INR conversion rate.