Aloha Credits

What are Aloha Credits?

Aloha Credits are used exclusively on aloha-bids.com to simplify and secure your bidding experience. Each credit equals exactly $1.00 USDC (a trusted, stable digital currency).

You convert your USDC into AlohaCredits, making bidding straightforward and worry-free.

Why Are Aloha Credits Better?

  • No Buyer Fees: Skip the usual 5% buyer fee, potentially saving you thousands on every auction.
  • Risk-Free Bidding: Only stake 5% of your bid in credits; fully refunded if you don't win.
  • Secure & Easy: Instant setup with no crypto knowledge required; we handle everything seamlessly for you.
  • Flexible Payments: Win auctions and pay sellers directly however you prefer (bank transfer, crypto, and more).

How It Works

1

Start with USDC (Crypto Made Simple)

  • USDC is a stable digital dollar — always equal to $1.00.
  • It's safe, backed by regulated companies, and used by millions.
2

Your Digital Auction Wallet

  • When you create an Aloha-bids.com account or place a bid, you will have the option to create a secure crypto wallet that you can use anywhere, not just here.
  • No downloads or need to know everything about blockchain — we handle it for you.
3

Onramp: Convert Real Dollars into USDC in your Wallet

  • You can buy USDC using your bank account, credit card, or debit card.
  • You'll do this using trusted payment partners recommended by aloha-bids.com.
4

Buy AlohaCredits with Your USDC

  • You convert USDC 1:1 into AlohaCredits (e.g., $100 USDC = 100 AlohaCredits).
  • AlohaCredits can only be used inside the auction site to place bids.
5

How Bidding Works (It's Easy)

  • Every time you bid, you only need to stake 5% of your bid in AlohaCredits.
  • Example: For a $10,000 bid, you commit just 500 AlohaCredits.
  • These credits are temporarily held until the auction ends.
6

Zero Buyer Fees

  • Normally, auctions charge 5% buyer fees. You skip this entirely by using AlohaCredits.
  • This saves you up to $5000 per purchase.
7

If You Win the Auction

  • Your AlohaCredits (5%) are automatically returned to your account.
  • You pay 100% of the final price directly to the seller using your preferred method (bank transfer, crypto, etc.).
8

If You Don't Win

  • Your AlohaCredits are fully returned to your account.
  • No fees. No penalties.