Mycelium Credits
Mycelium Credits (MC) is the foundation of our marketplace's credit-based economy, providing a seamless and flexible currency system for all transactions.
MC as Default Currency
MC (Mycelium Credits) is the default base currency for all new users. 1 MC = 1 USD for familiar pricing - you see equivalent values in your preferred display currency.
What is Mycelium Credits?
Mycelium Credits represents the core of our marketplace's innovative credit economy:
- Base Currency: All internal calculations and balances are maintained in MC
- Flexible Display: View prices and balances in your preferred currency (MC, USD, EUR, CAD, AED)
- 1:1 Exchange Rate: For USD users, 1 MC = 1 USD - no conversion confusion
- Credit Foundation: Built for future expansion of credit-based marketplace features
Currency Flexibility
While MC is our base currency, we understand users have different preferences:
- Display Preference: Choose how you want to see prices and balances
- Real-time Conversion: Automatic conversion for non-MC currencies
- Consistent Balance: Your credit balance remains the same regardless of display currency
- Supported Currencies: MC, USD, EUR, CAD, AED
How to Change Your Currency Preference
Changing your display currency is simple and can be done at any time:
- Navigate to your Dashboard Settings
- Find the "Currency Preference" section
- Select your preferred display currency from the dropdown
- Save your changes - the update applies immediately
Auto Top-up
Configure automatic credit purchasing for seamless marketplace experience:
- Go to your Wallet
- Enable Auto Top-up in the settings section
- Set your threshold (e.g., when credits fall below 10 MC)
- Set your top-up amount (e.g., purchase 25 MC when triggered)
- Choose your payment method
Versatile Purchase Options
The marketplace offers two convenient ways to purchase products:
- Buy Now: Instant one-click purchase with automatic balance management and auto top-up integration
- Add to Cart: Traditional shopping cart experience for purchasing multiple items together
Best of Both Worlds: Use "Buy Now" for quick single purchases, or "Add to Cart" when you want to compare multiple products or make bulk purchases.
Technical Details
For developers and advanced users:
- Base Currency: All marketplace operations use MC internally
- Display Layer: Currency preference affects only the presentation layer
- API Consistency: Internal APIs work with MC values
- Exchange Rates: Real-time rates for non-MC display currencies
Getting Started with MC
- Create your Mycelium Marketplace account (defaults to MC)
- Add credits to your wallet (purchased in your preferred currency)
- Browse the marketplace (prices shown in your display currency)
- Click "Buy Now" for instant purchases
- Change currency preference anytime in Settings
Seamless Transition: Existing USD users experience no functional changes. Your balance and purchasing power remain identical.