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Manage your Workspace

Qredo Station

Qredo charges fees based on the “gas” station concept, called “Qredo Station.” Upon creation, each Workspace is automatically assigned one.

All fees incurred by transactions made within a Workspace are paid from its respective Qredo Station in QRDO, USDT, or USDC. Choosing to pay your fees in QRDO grants you an automatic 15% fee discount per transaction.

Top up your Qredo Station, and all fees incurred by the account in question will be paid from there. Learn more about Qredo fees here.

Adding Members

Who can do it: Workspace Admins and Portfolio Admins

The Qredo Station feature functions similarly to Portfolios - you can add the Workspace Members to manage it. Here’s how to do it:

  1. Log in to your Qredo Profile, navigate to the upper-left corner of the screen, and select your Profile icon.

  2. Select the Workspace with the Qredo Station you wish to top up.

  3. Click Holdings in the menu to the left and go to Qredo Station at the top of the screen.

  4. Select the three-dot icon next to Members in the right part of the screen and go to Manage Members.

  5. Click to add members of your Workspace to the Qredo Station as Portfolio Admins, Traders, or Viewers.

  6. Select Save changes when you’re done.

Topping up

Who can do it: Workspace Admins, Portfolio Admins, Traders, Viewers

Here’s how to top up your Qredo Station:

  1. Log in to your Qredo Profile, navigate to the upper-left corner of the screen, and select your Profile icon.

  2. Select the Workspace with the Qredo Station you wish to top up.

  3. Click Holdings in the menu to the left and go to Qredo Station at the top of the screen.

  4. Select Top up.

  5. Choose one of the three available methods:

    • From this Workspace: select a QRDO, USDT, or USDC Vault within this Workspace and click Top up.

    • From an external wallet: check the box next to the disclaimer and select Show receive address. Use this address to top up from any external wallet.

Transfer out

Who can do it: Workspace Admins and Traders

Keep in mind that transfer-outs from the Qredo Station can only be done to another Vault on Qredo with the corresponding asset type (within the same Workspace or within a different Workspace). Note that transfers out from a Qredo Station Vault only require authorization from the user initiating the Transfer. No Policy approval is required.

Here’s how to transfer assets out of your Qredo Station:

  1. Log in to your Qredo Profile, navigate to the upper-left corner of the screen, and select your Profile icon.

  2. Select the Workspace with the Qredo Station you wish to transfer assets out of.

  3. Click Holdings in the menu to the left and go to Qredo Station at the top of the screen.

  4. Select Transfer out.

  5. Choose one of the two available methods:

    • This Workspace: select a QRDO, USDT, or USDC Vault within this Workspace and click Transfer out.

    • Qredo VaultCode: copy the VaultCode from the destination Vault, paste it here, and click Transfer out.

Fee Calculator

Use Qredo Station’s Fee Calculator feature to get a fee cost estimation for the next 30-day volume of billable events.

Here’s how to access and use the Fee Calculator:

  1. Log in to your Qredo Profile, navigate to the upper-left corner of the screen, and select your Profile icon.

  2. Select the Workspace with the Qredo Station you wish to calculate fees for.

  3. Select the calculator icon in the upper-right corner of the screen.

  4. Choose whether you want to generate your previous 30-day volume of billable events automatically or manually (it's automatically by default) by selecting Set manually or Set automatically.

  5. Enter your estimated trading volume for the next 30 days and you’ll get a fee estimation in QRDO, USDT, and USDC.

Changing active balance

Each Qredo Station can store assets in QRDO, USDT, and USDC simultaneously. However, the fees will always be paid using the asset selected as ‘active’.

Here’s how to change the active balance (asset that will be used to pay for the fees from a particular Qredo Station):

  1. Log in to your Qredo Profile, navigate to the upper-left corner of the screen, and select your Profile icon.

  2. Select the Workspace with the Qredo Station you wish to change the active balance for.

  3. To the right of the screen, right below Overview, you’ll see the two assets that are currently inactive for the Qredo Station in question.

  4. Select the three-dot icon next to the asset you want to set as active and click Set to active.