# Premium Currencies

### What Are Premium Currencies?

**Premium Currencies** are special in-game currencies used to buy items, cosmetics, or participate in certain activities within Open Loot partner games. Unlike NFTs or blockchain tokens, Premium Currencies are **off-chain**, they exist only within the game and Open Loot marketplace ecosystem.

Depending on the game, these currencies can be **granted, purchased, traded, or converted.**

***

#### Types of Premium Currencies

Games can have one or more types of premium currencies.

You can identify the type of a premium currency by the button options available for it on the marketplace (for example, “Purchase”, “Buy” and “Sell”, or “Convert”).

<table><thead><tr><th width="196.17578125">Type</th><th>Description</th></tr></thead><tbody><tr><td><strong>Basic</strong></td><td>A simple in-game currency used for gameplay features or rewards. Granted directly by the game, not tradable or purchasable.</td></tr><tr><td><strong>Purchasable</strong></td><td>Can be bought on the marketplace with real money or other tokens. Often used for buying skins, bundles, or special items.</td></tr><tr><td><strong>Tradable</strong></td><td>Can be traded between players. These currencies are exchanged in “stacks” or bundles, rather than one-by-one. Stack size and trade limits are defined by the game’s economy.</td></tr><tr><td><strong>Convertible</strong></td><td>Can be converted into on-chain tokens. These bridge the in-game economy with the blockchain, allowing players to transform held or purchased currency into a crypto-based asset. Conversion availability and rates are defined by each game.</td></tr></tbody></table>

***

#### Key Details

* Premium Currencies are **off-chain**. Only convertible currencies can be consumed in exchange for blockchain tokens.
* Each game defines its own **economy**, including how players can get, trade, or convert these currencies.
* Premium Currencies can be **granted**:
  * As **rewards** for gameplay or events
  * Through **purchases** on the Open Loot marketplace
  * Or directly by the **game team** during special campaigns