# Prepaid wallet

A prepaid wallet is an account balance, usually held in a fiat currency such as USD, that the customer funds in advance and from which every purchase of traffic or addresses is deducted. It replaces cards on file and recurring charges: nothing is billed that was not funded first, and the balance is the customer's spending limit. Wallets are the natural fit for pay-as-you-go pricing and for cryptocurrency top-ups, whose exchange rate is fixed when the balance is credited.


## How a top-up becomes balance

1. You choose an amount and a payment method; for crypto, an address and an exact amount are shown.
2. The payment confirms on its network; the balance is credited in USD at the rate of that moment.
3. Purchases deduct from the balance; the ledger lists every credit and debit with its reference.


## Things to look for

- Minimum top-up and any bonus for larger amounts.
- Whether the balance itself expires (it should not).
- Refund path for unused balance.
- Whether automatic renewals can touch the balance, and whether they are opt-in.


## How it works at Proxy Cyber

Proxy Cyber has not published its wallet funding, expiry or refund rules. These details will be confirmed when its own account and checkout open.

Source: https://proxy-cyber.com/glossary/prepaid-wallet