| Credits are the currency used on this website. A minimum of 5 credits can be purchased. Each credit is worth US$ 1. As an introductory offer, all available bytes on the website are worth US$ 1 each.
AVAILABLE CREDITS are credits bought and used to:
POST & EARN: By posting and earning, a Premium Byter automatically earns a royalty whenever a fellow byter buys his/her bytes online.
One credit is needed to POST & EARN one particular byte for a period of 3 months. The Premium Byter earns a royalty for every download that has been recorded during this 3-month period.
For example: If the Premium Byter wants to POST & EARN his/her byte for 6 months, 2 credits are deducted from his/her AVAILABLE CREDITS. For 12 months, he/she needs to use 4 credits of his/her AVAILABLE CREDITS to POST & EARN one byte for a year.
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Period (months)
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Credits Needed
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Price (US dollars)
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3
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1
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1
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6
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2
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2
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9
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3
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3
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12
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4
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4
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BUYING BYTES: Any available credit can be used to purchase bytes that are currently listed on the website. Each byte has a corresponding credit price.
EARNED CREDITS are the credits earned by a Premium Byter whenever another User downloads his/her byte during a particular period, which is defined as the number of months a Premium Byter is eligible to receive a royalty for every byte that is purchased. EARNED CREDITS are the actual royalties paid to a Premium Byter. These can be converted into AVAILABLE CREDITS anytime. To convert EARNED CREDITS into AVAILABLE CREDITS, follow this link.
Any available EARNED CREDITS can be converted into cash as soon as all the following requirements are met:
- The Byter has a valid PayPal account. To have a PayPal account - www.PayPal.com. Registration is FREE.
- The Byter has chosen the POST & EARN option during upload.
- The Byter’s number of EARNED CREDITS has amounted to at least US$ 25 on the pay out date.
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