Games Marketplace - Odealo
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Credits and Diamonds

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 Credits are used to purchase Items and services across the portal or can be withdrawn from the portal by users with the appropriate Authorization level.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 are obtained by making deposits of real 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?

  1. Credits have a fixed 1:1 exchange rate to US Dollars
  2. All transactions on the website between its Users and Odealo itself are concluded with the use of Credits
  3. Fees are paid in Credits after successful transactions and upon requesting withdrawals
  4. Credits are instantly refunded to Buyer's on-site balance after an order is canceled* so that they can be instantly used to order different products or from different sellers 
    *(If you are looking for a standard refund please contact the site administrator via PM or e-mail)
  5. Credits are added to Seller's balance after each successful sale - this is effective after the Buyer personally confirms delivery or if three days have passed after Seller's confirmation of shipment

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.

  1. Diamonds are used to promote offers
  2. Diamonds can be earned for regular on-site activity but also purchased with Credits
  3. Diamonds are non-transferable
  4. Diamonds spent on offers are non-refundable

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.