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How to Use Traderlands Credits?
How to Use Traderlands Credits?
Updated over 11 months ago

When using Traderlands, you can register, create your own trading strategies for free, and execute real trades on the exchange through the Marketplace.

To utilize your strategies or Marketplace strategies for real trades, you'll need credits. Firstly, you need to connect the API of the exchange platform you're using to Traderlands. These credits are spent when your strategies execute real trades on your connected exchange account. They are also used for executing real trades using Marketplace strategies.

There are two types of credits available: Dynamic Credits and Reward Credits. Reward Credits are given as a gift by Traderlands. If you have both Dynamic Credits and Reward Credits in your account, Dynamic Credits will be utilized first. 1 Dynamic Credit and 1 Reward Credit are equivalent to 1 USDT.

Credit deductions on Traderlands are set at 0.1% (One Per Thousand) of the trade amount for each position opened in real trades.

For example, if you execute a real trade with a value of 100 USDT and make a profit of 10 USDT, the credit deduction will be as follows:

  • For spot transactions: 0.1% of 100 USDT, which is 0.10 USDT or 0.10 credits, will be deducted from the purchase amount.

  • For futures trades: 0.1% of 100 USDT, which is 0.10 USDT or 0.10 credits, will be deducted from the unleveraged buy amount.

If you open real trades using a Marketplace strategy:

  • The commission rate for Marketplace strategies can vary and is set by the strategy owner. It can be up to a maximum of 10%.

For example, if you use a strategy with a commission rate of 10% and make a profit of 10 USDT from a transaction worth 100 USDT, a total commission deduction of up to 10% will be made.

  • On the 10 USDT profit amount, 10% of 10 USDT, which is 1 USDT, will be deducted as a credit. No deductions will be made for losing trades.

  • If you are a registered with a referral code, a maximum of 1% of the profit, i.e., 0.10 USDT, will be deducted from the system's deduction and transferred to the referral owner.

You can view all transaction logs from your account via the "Wallet" menu. To see click here.

How can i deposit Dynamic Credit?

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