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Credits

Credits are the primary means of exchange on Odealo. Credits are added to a User’s account after depositing funds or successfully selling an item. They can be used to purchase items and services available on the platform or, for users with the appropriate authorization level, withdrawn from the platform.

Credits have a fixed 1:1 exchange rate with US Dollars and are therefore directly linked to real-world currency. Credits are non-transferable, except when transferred as part of a completed transaction. Credits do not constitute a legal means of exchange.

 

Odealo Credits

Credits are the primary virtual currency used on Odealo and the official means of exchange across the platform. Below are the most important things you should know about Credits:

  1. Credits have a fixed 1:1 exchange rate with US Dollars.
  2. All transactions on the website, both between Users and between Users and Odealo itself, are conducted using Credits.
  3. Transaction fees are paid in Credits after a successful transaction or when a withdrawal is requested.
  4. Credits are instantly refunded to the Buyer’s on-site balance if an order is canceled*, allowing them to immediately place a new order with the same or a different seller.
  5. Credits are added to the Seller’s balance after each successful sale. This occurs once the Buyer personally confirms delivery or automatically if three (3) days pass after the Seller confirms shipment.

*If you are requesting a standard (manual) refund, please contact the site administrator via private message or email.