Mudrex has a subscription-based payment where users need to add their creditcard so that payments can be auto deducted.
In a lot of cases, users want to make payments via methods other than a credit-card but other payment methods do not allow dor this auto-debit facility.
Mudrex Balance enables users to make payments using other payment methods and also enable auto-debit. Think of Mudrex Balance as your prepaid wallet that can be used to prepay for various strategies you subscribe to.
Once the amount is added to Mudrex Balance, Mudrex will auto deduct payments from Balance first. In the future, Mudrex Balance will also be used for other kinds of promotions such as referral, payouts to creators, etc.
Adding money to Mudrex Balance is very easy. Just follow the steps below
1. Add a card
Before adding balance we need you to add a card to Mudrex. You can use either a debit or a credit card for this.
On clicking 'Add New Card' a form will be shown as below:
Enter the required details and save the card. Cards are never stored on Mudrex servers and are stored with our payment partner Stripe. Read this for more on card security.
2. Add Balance
Once a card is added, you can click on 'Add Balance' and enter an amount you want to add to Mudrex. Min amount a user can add is 50 USD.
3. Confirm Purchase
On clicking "proceed to checkout' a dialog will be shown to select the payment option you want and then confirm the purchase.
Mudrex balance will automatically be added to your account once purchase is confirmed in a few seconds. You will also receive a confirmation email for the same. Refreshing the page will show you the correct amount.