Credits and Diamonds are two different types of on-site virtual currencies used on Odealo. Credits are credited to the User's account after making a deposit of funds or selling an item. Credits are used to purchase Items and services across the portal or can be withdrawn from the portal by users with the appropriate Authorization level. On the other hand, Diamonds are used to promote for sale offers.
While Credits have a fixed 1:1 exchange rate to US Dollars and hence are strictly connected to real-life money, Diamonds can be rewarded for a general on-site activity like leveling up and earning Badges. Diamonds can also be purchased for Credits by Users that want to boost their sales or increase their offer exposure.
Odealo's on-site currencies explained
Credits are the primary virtual currency used on Odealo and the official mean of exchange across the portal. What you should know about Credits?
Diamonds can be currently used only for offer promotion, however, they are also planned to buy you additional account features in the future. Diamonds are earned through a regular on-site activity like completing transactions, leveling up, earning Badges. Diamonds can also be purchased with Credits from within User's account.
Both types of Odealo currencies are bound to your account and are non-transferable with the exception of Credit transfer upon completing a transaction. Credits and Diamonds are for on-site use only and are not legal means of exchange.