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How do "Credits" work?
How do "Credits" work?

An explanation of how credits work inside Wealthybot.

Updated today

Understanding how credits function is essential to using WealthyBot efficiently. This article provides a clear and detailed explanation of what credits are, how they're used, and why they are necessary for automated trading on the platform.


🔍 What Are WealthyBot Credits?

Credits are the internal currency used within the WealthyBot platform to pay performance-based trading fees.

Here’s what you need to know:

  • 1 Credit = $1 USD

  • Credits are not your trading capital and are not stored in your exchange wallet.

  • They are purchased separately and used only to cover WealthyBot’s performance fees when you earn profits.

📌 Note: WealthyBot does not charge monthly fees or access your crypto funds. Instead, it charges a 20% fee only when you profit, and this is paid in credits.


💰 How Are Credits Used?

Profit-Based Performance Fee (20%)

WealthyBot only charges a fee when you close a trade in profit.

📈 Example:

Let’s say you make a profit of $50 on a trade:

  • WealthyBot charges 20% of $50 = $10

  • You must have 10 credits available in your WealthyBot account

  • These 10 credits will be deducted automatically from your balance

If your trade results in no profit, no credits are deducted.


⚠️ What Happens If You Don’t Have Credits?

If you do not have enough credits to cover WealthyBot’s performance fee:

  • The bot will not close the trade, even if it’s profitable

  • The trade will remain open until you add more credits

  • This could potentially lead to missed profits or price reversals

💡 Always keep a buffer of credits in your account to ensure uninterrupted automated trading


🏦 Where Is My Cryptocurrency Held?

WealthyBot does NOT hold or store your funds.

  • All your crypto remains safe in your personal exchange account (e.g., Binance, Coinbase, Kraken)

  • WealthyBot connects through an API to read your balances and execute trades on your behalf

  • It has no access to withdraw funds from your exchange

✅ This structure ensures security and transparency


🛒 How Do I Buy Credits?

Credits can be purchased at:
🔗 https://www.go.wealthybot.io/Credits

  • Minimum purchase: $25 (25 credits)

  • Accepted payments: Bitcoin (BTC) or Litecoin (LTC) only

  • Credits are added to your balance once the transaction is confirmed

📌 Do not deposit investment capital here—only credits.


📊 Why Credits Make Sense

No Monthly Subscriptions – You only pay when you profit
Incentive-Aligned – WealthyBot earns only when you earn
Flat, Transparent Fee – You always know what you’re paying


🧠 Quick Recap

Action

Impact on Credits

Close profitable trade ($100)

20% fee = 20 credits deducted

Close trade at breakeven/loss

0 credits deducted

No credits in your account

Trade will not close in profit

Add credits ($25 min)

Boosts your balance for fees


🙋 Need Help?

If you're unsure how many credits you need or your credits aren’t reflecting properly, please contact support with your transaction ID and account details.

Trade wisely. Prosper consistently.
– The WealthyBot Team

Here is a video on how to purchase credits.

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