What is the Credit balance?

  • Credit balance is your Tether balance shown in your local fiat currency. Credit balance is needed if you wish to offer exchange service. For this, you have to top up your account with Tether (USDT) credits.
  • When crypto is bought, you receive cash from the customer and Eligma withdraws the equivalent sum in USDT from your Merchant Dashboard. The sum is reduced by your commission earned and you receive your settlement instantly.
  • When crypto is sold, you give your own cash from the cash register and Eligma instantly deposits an equivalent sum in USDT to your Merchant Dashboard. The sum is increased by your commission earned and you receive your settlement instantly.
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