Local Crypto Premium Index
How much more — or less — people in India, Nigeria, South Africa and Indonesia pay for USDT, Bitcoin and Ether on a local exchange than the global price at the official exchange rate. Computed every five minutes from public order books; free to reuse.
Updated · Local prices: WazirX, Luno, Indodax · global price: CoinLore · FX: ExchangeRate-API · How it's calculated
Right now USDT costs 9.0% more in India than its global reference price (₹102.71 on WazirX against ₹94.26). The USDT premium by country: India +9.0% on WazirX; Nigeria +4.2% on Luno; South Africa +0.3% on Luno; Indonesia +0.4% on Indodax. A positive premium means local buyers pay more than the dollar price converted at the official rate.
Every market in the index
| Market | Exchange | Local price | Global reference | Premium now | 24h average | Since 14 Nov |
|---|---|---|---|---|---|---|
| USDT in India | WazirX | ₹102.71 | ₹94.26 | up 9.0% | up 9.5% | up 9.4% |
| BTC in India | WazirX | ₹6,725,376 | ₹6,134,632 | up 9.6% | up 11.0% | up 10.8% |
| ETH in India | WazirX | ₹188,351 | ₹171,743 | up 9.7% | up 11.0% | up 10.7% |
| USDT in Nigeria | Luno | ₦1,409 | ₦1,352 | up 4.2% | up 4.5% | up 4.4% |
| BTC in Nigeria | Luno | ₦91,883,404 | ₦87,993,654 | up 4.4% | up 4.5% | up 4.6% |
| ETH in Nigeria | Luno | ₦2,159,373 | ₦2,463,435 | down 12.3% | down 2.6% | down 1.5% |
| USDT in South Africa | Luno | R16.97 | R16.92 | up 0.3% | up 0.5% | up 0.5% |
| BTC in South Africa | Luno | R1,105,701 | R1,101,150 | up 0.4% | up 0.7% | up 0.6% |
| ETH in South Africa | Luno | R30,915 | R30,827 | up 0.3% | up 0.6% | up 0.5% |
| USDT in Indonesia | Indodax | Rp 18,309 | Rp 18,229 | up 0.4% | up 0.6% | up 0.6% |
| BTC in Indonesia | Indodax | Rp 1,194,837,000 | Rp 1,186,377,748 | up 0.7% | up 0.8% | up 0.8% |
| ETH in Indonesia | Indodax | Rp 33,381,000 | Rp 33,213,354 | up 0.5% | up 0.7% | up 0.8% |
Arrows show the sign of the premium: ▲ local buyers pay more than the global reference, ▼ less. Each pair links to its converter page, which has the local order book and conversion tables.
USDT premium by country, hourly
Each panel is one country's premium on its own scale — the series began on 14 November 2026, so the window is still short. Where a panel's scale crosses zero, a dashed line marks it: above zero, local buyers pay more.
How the index is calculated
- Local price is the last trade on one public exchange per market: WazirX for India, Luno for Nigeria and South Africa, Indodax for Indonesia. One exchange is an example of the local market, not the whole of it; peer-to-peer and other venues quote their own prices.
- Global reference is the coin's US dollar price (CoinLore's cross-exchange average) converted at the official exchange rate published by ExchangeRate-API.
- Timing: prices are fetched every five minutes; the history keeps the first reading of each hour, and a permanent daily archive keeps each day's average, low and high.
- What it is not: the premium is the gap before fees. Deposit, trading and withdrawal fees and the bid–ask spread come on top, so the cost of actually moving money is larger.
The figures describe the gap; they do not explain it. Capital rules, banking access and local demand are commonly cited reasons for a persistent premium, but we do not attribute any day's move to a cause.
Download the data
The index is free to use, republish and build on under CC BY 4.0. Please credit "The Daily Coins Local Crypto Premium Index" with a link to this page.
Both update every five minutes. Columns: hour (UTC), country, currency, coin, premium in per cent.
Questions
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Not financial advice. Figures are for information and can be delayed or wrong; crypto assets are volatile and you can lose everything you put in. See our methodology and disclaimer.