๐Ÿช™ Trading Credits (TC)

Learn how Trading Credits (TC) work on Forkast, including how to obtain, convert USDC into, and transfer them within your trading wallet.

What Are Trading Credits (TC): Trading Credits or TC, are the virtual currency used to trade on Forkast.

Trading Credits (TC) are custom ERC-20 tokens developed exclusively for use within the Forkast platform. These tokens are non-transferable, cannot be exchanged between users, and are not intended for use outside of the platform. Trading Credits are strictly designed for trading within the Forkast ecosystem.

๐Ÿช™ Ways to Obtain Platform Credit:

  • Deposit USDC via Arbitrum Network โ€“ Users can Deposit USDC directly to their Forkast deposit address. USDC can be converted it into Platform Credits at a 1:1 ratio.
  • Buy Trading Credits with a Credit Card โ€“ Users can purchase Trading Credits directly using a credit card through the integrated payment methods such as Moonpay and Stripe.
  • Multi-Chain USDC Support via MoonPay - Weโ€™ve integrated Meld and MoonPay to support USDC deposits from multiple payment methods and blockchains. Deposited USDC from any supported chain is seamlessly converted into Trading Credits (TC).

๐Ÿ’ฑ Converting USDC to Trading Credits

To trade and participate in markets, USDC must first be converted into Trading Credits.

Users can quickly access the conversion feature, allowing them to view their available USDC balance and convert it into Trading Credits at a 1:1 ratio.

Simply enter the amount of USDC you want to convert, then click the "Convert" button.

๐Ÿ’ธ Transferring Credits

Use the "Transfer" tab at the top right to move Trading Credits / USDC to your Trading Wallet balance.