posted this on October 25, 2013 05:50 PM
Credits are the virtual currency used on Listia--here is no money changing hands. Credits earned on Listia can only be used on Listia through auctions. The value of a credit changes depending on current market conditions just like the US Dollar. Even though the value of a credit might go up or down, Listia is committed to making sure the value does not change too much.