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

An explanation of how credits work inside Wealthybot.

Updated over 3 years ago

WealthyBot does not take or hold your cryptocurrency. All of your cryptocurrency is kept in your exchange i.e. Binance. Wealthybot only takes a profit when you receive a profit from liquidating/closing a position that has a profit margin. We take our portion of the profits in "credits" 1 credit is the equivalent to 1 unit of currency. 

WealthyBot will remove 20% of the profit you make in credits. You must have credits to cover the profit of your liquidated position or Wealthybot will not make the trade. 

For example if you have $20 in profit Wealthybot will take $4 in credits or 4 credits. 

Here is a video on how to purchase credits.

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